“There is a tide in the affairs of men. Which, taken at the flood, leads on to fortune” The tide – or maybe call it “the vibe” – is running in the direction of the Albanese government being pushed into changing its timid stance on negative gearing. Just as the eventual change to the stage-three Continue reading »
Economy
What the present moment reveals, once again, is that Western aggression during the “Cold War” was never about destroying socialism, as such. It was about destroying movements and governments in the periphery that sought economic sovereignty. Why? Because economic sovereignty in the periphery threatens capital accumulation in the core. This remains the primary objective of Continue reading »
The PM has announced a series of big-dollar programs to promote energy transition, “green” industries, local manufacturing and “critical” minerals. He is juggling themes that are not always consistent. The government needs to be prudent as it backs projects with taxpayers’ money. Mr Albanese seems to be walking about with a Venn diagram in his Continue reading »
In response to questions about starvation in Gaza and Sudan, a Federal Labor MP has explained, ‘In Australia, the cost of living is the issue. It’s voters’ major concern, and a political priority.’ As though quality of life is entirely affected by enough money to go shopping, politicians and economists’ emphasis on cost of living Continue reading »
With the federal budget just over three weeks away, researcher Chelsea Hunnisett has some pointed questions for the Albanese Government, including: what happened to plans for a wellbeing economy, and where is your commitment to intergenerational investment for health and wellbeing? Hunnisett is a Laureate PhD Candidate and Government Relations Specialist in the Planetary Health Continue reading »
Society as a whole has a critical interest in the direction of technological innovation. This cannot be left uniquely to a limited group of capitalist bosses. Consultation with all the key interest groups and government regulation have a critical role to play in ensuring future economic growth and a fair go for all. This article Continue reading »
Chinese smartphone maker Xiaomi recently unveiled its first electric vehicle (EV), the SU7, igniting a spark of excitement. At the launch event, Xiaomi’s founder and CEO Lei Jun, whose vision includes creating “a dream car on a par with Porsche and Tesla,” said that from design to batteries, intelligent driving to cockpit controls, the SU7 Continue reading »
This is the first of three articles discussing how the benefits of technological progress are shared, and thus determine the distribution of income and influence our economic and social structures. This first article focuses on how these benefits have been shared historically. Throughout history the growth in living standards has come from increasing productivity and Continue reading »
When she introduced the first NDIS legislation to the House of Representatives in 2012 Prime Minister Julia Gillard said it was to replace “A system that metes out support rationed by arbitrary budget allocations, not real human needs”. It was a radical break with other forms of welfare assistance because it put the human rights Continue reading »
Despite challenges, including the lingering impacts of the COVID-19 pandemic and structural concerns, voices from within the business community underscore a robust economic outlook. Having lived in Beijing, China’s capital, for more than 10 years, it does not surprise me to see people hurry to work with cups of Starbucks coffee. The coffee-drinking culture has Continue reading »