Economy

Created
Thu, 15/02/2024 - 04:53
The nation’s economists and economist-run authorities such as the Reserve Bank have not covered themselves in glory in the present inflationary episode. They’ve shown a lack of intellectual rigour, an unwillingness to re-examine their long-held views, and a lack of compassion for the many ordinary families who, in the Reserve’s zeal to fix inflation the Continue reading »
Created
Wed, 14/02/2024 - 04:50
China plays a key role in accelerating the global development of the electric vehicle industry The choice of words concerning fossil fuels “phaseout” or “phase-down” bore significant weight at the 28th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). The essence of the challenge to realise Continue reading »
Created
Mon, 12/02/2024 - 04:55
A number of commentators have proposed that the Aged Care Funding Taskforce would, and indeed should, recommend increasing user charges. With particular reference to services delivered through Commonwealth Home Care Program (CHSP), this step would be achieved by splitting care services and ordinary daily living supports; the former would be subsidised and clients would pay Continue reading »
Created
Mon, 12/02/2024 - 04:58
Last month, news bubbled that the Victorian State government had inked a memorandum of understanding (MoU) with the Israeli Defence Ministry in December 2022. “As Australia’s advanced manufacturing capital, we are always exploring economic and trade opportunities for our state – especially those that create local jobs,” a government spokesperson stated in January. In March Continue reading »
Created
Thu, 08/02/2024 - 04:55
There are two things the prime minister needs to get into his head about tax. One is that saying he won’t make any further changes no longer works. The other is that negative gearing doesn’t do much to get people into homes. Anthony Albanese seemed to have taken the first point on board when he Continue reading »