Economy

Created
Wed, 12/02/2025 - 04:52
Health outcomes are about more than access to healthcare services: they are highly dependent on the social and economic determinants of health. Despite lip service to the importance of these factors and preventive health actions, the Australian healthcare system is relentlessly focused on treating sick people, with subsequent economic and social costs incurred by governments, Continue reading »
Created
Sat, 08/02/2025 - 04:56
Contrary to what Peter Dutton would like the electorate to believe, reducing administrative waste will save very little money. If Dutton is serious, he would review major capital projects which lack proper evaluation, starting with his uneconomic nuclear energy proposal. Dutton has done his best to make inflation and the cost of living the major Continue reading »
Created
Mon, 03/02/2025 - 04:56
What do Ronald Reagan, Margaret Thatcher and John Howard have in common with the Piltdown Man? They all managed to sell a hoax that lasted for decades, before it was exposed as completely false. But wait, their hoax is still central to transglobal neoliberal capitalism’s stranglehold on us all, whereas Charles Dawson’s 1912 forged ‘missing Continue reading »
Created
Sat, 01/02/2025 - 04:58
Australian inflation is almost back in the target range of 2-3%. The Reserve Bank should begin to cut interest rates now. This will help avoid a recession as well as substantially reducing cost-of-living pressures on the one third of households with a mortgage. Inflation outlook The critical economic question is when interest rates will start Continue reading »
Created
Thu, 30/01/2025 - 04:57
In his address to the National Press Club on 24 January 2025, Prime Minister Albanese reflected on his Government’s decision announced a year earlier to change “the tax plan we inherited from the Morrison Government to make it better and fairer”. It is likely to be a major selling point in the coming Federal election. Continue reading »
Created
Tue, 28/01/2025 - 04:59
Australian society has never really been a cohesive entity. In the past its various socio-economic, religious, ethnic, cultural, and political factions have simply hung together largely through a sense of xenophobia about the outside world (read Asia) rather than a commitment to national unity based on shared values and mutually beneficial interests. But today xenophobia Continue reading »
Created
Sat, 25/01/2025 - 04:59
Australians now have access to significant superannuation balances, but if superannuation is going to meet its purpose of ensuring an adequate income in retirement, reforms are needed to provide better access to a superannuation pension. The spread of superannuation is a major achievement The introduction of superannuation covering all employees by the Keating Labor Government Continue reading »