Economy

Created
Sat, 18/05/2024 - 04:59
After considering Opposition criticisms, this article concludes that this Budget reflects Labor’s competent economic management. However, a more ambitious tax reform agenda is needed to adequately provide all the services that Australians expect. Labor’s macroeconomic strategy Essentially Labor faced a difficult balancing act with this budget. The challenge was to improve the cost of living Continue reading »
Created
Thu, 16/05/2024 - 04:55
It’s said you can tell a government’s true priorities from what it does in its budget. If so, the top priority of Anthony Albanese’s government is not to have any priorities. Rather than focusing on fixing the most pressing of our many problems, his preference is to be seen doing a little to alleviate all Continue reading »
Created
Tue, 14/05/2024 - 04:53
It’s time we reckoned with what it means to become a corporatocracy. Our governments exist to enact the desires of their corporate masters. Some of these politicians, like Madeleine King, appear to do so with alacrity, while others appear lost in the perceived demands of party and pressure groups. The end result will be an Continue reading »
Created
Tue, 14/05/2024 - 04:56
12½ years ago I wrote, in a column published in the Fairfax (now Nine) mastheads, that “the surest way to gain acceptance for policy proposals that former Treasury Secretary Ken Henry might have called ‘frankly, bad’ is to wrap them in a ‘security’ blanket”. That is, I went on, “if you want a government to Continue reading »