politics

Created
Thu, 27/07/2023 - 04:52
If previous defence acquisitions are any guide, the enormous cost of nuclear-powered submarines for the Royal Australian Navy will almost certainly escalate well beyond the estimated but un-itemised initial price of $A368 billion. The record of corruption of the two US submarine builders suggests that the project will also probably suffer from mismanagement. The final Continue reading »
Created
Thu, 27/07/2023 - 04:55
It is time for the Australian citizenry and First Nations to resume their rightful ownership and custodianship of the land’s eco-geology. The present inequity between the country’s wealthiest yet internally feuding family and the nation’s struggling working and homeless poor is obscene. As judged by the Gini coefficient, inequity is increasing in Australia and is Continue reading »
Created
Thu, 27/07/2023 - 04:57
Monetary policy operates with a lag. The pain from increased interest rates is only now starting to really bite. However, the substantial increase in interest rates is reducing demand and thus bringing inflation down. While on the other hand, further interest rate increases add to the risk of a recession. It is time therefore to Continue reading »
Created
Thu, 27/07/2023 - 04:59
Whilst some incremental progress has been made following the 2022 change of Federal government, evidence confirms that both main political parties lack the imagination, courage and leadership to adequately address climate change. For decades, climate change policy in Australia has been a political football refereed by vested interests, notably the fossil fuel industry and other Continue reading »
Created
Wed, 26/07/2023 - 04:50
In a new article titled “Ukraine’s Lack of Weaponry and Training Risks Stalemate in Fight With Russia,” The Wall Street Journal’s Daniel Michaels reports that western officials knew Ukrainian forces didn’t have the weapons and training necessary to succeed in their highly touted counteroffensive which was launched last month. Michaels writes: “When Ukraine launched its Continue reading »