Economy

Created
Wed, 22/05/2024 - 04:55
Those who curb real trade and expand financial sanctions don’t seem to understand the likeliness of a destructive outcome for all. The West is wrecking the foundations of its prosperity. The United States has struck another blow at free trade. This week, US President Joe Biden announced wide-ranging tariff increases, including to 100 per cent Continue reading »
Created
Tue, 21/05/2024 - 04:51
Relations between great powers and their neighbouring regions are often fraught. The cases of the United States and Latin America, or the European Union and North Africa, come to mind. For instance, tensions related to immigration from Latin America and North Africa, has led to the rise of right wing populism in the United States Continue reading »
Created
Tue, 21/05/2024 - 04:54
The increasing number of Grandparents paying private school fees has enabled elite schools to evade Commonwealth parent income tests determining the rate of taxpayer funding that goes to society’s most wealthy and least in need students. Some private schools have acknowledged that many grandparents pay school fees. In effect, this is an admission that they Continue reading »
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 »