Australia has a reputation for egalitarianism. It is not deserved. Extract: Address to the Royal Society of NSW, October 2024. This is a nation based on mercantilist plunder. Two hundred and fifty years after the publication of Adam Smith’s Wealth of Nations, our leaders insist that the prosperity of citizens rests upon a trickling down Continue reading »
Economy
Millionaire landowners are using dubious statistics to campaign against the Government's inheritance tax reforms
If you are like me, you are fed up with the so-called educated ‘Left’ who are not at all educated in the underlying causes of humankind’s current problems and the solutions to them. You will also be fed up with people believing that when we elect Left or Centre-Left parties, the world is on track Continue reading »
A handful of years ago, South Australia’s Whyalla steelworks, owned by British industrialist Sanjeeev Gupta, was touted as the potential birthplace of an Australian green iron and steel industry. Today, the mounting crisis at Whyalla brings sharply into focus both the risks and opportunities of this pivotal moment in Australia’s energy transition, and the transition Continue reading »
Around 18 months ago, The Economist applied uncommon energy to advance the narrative that the US economy was in outstandingly good shape. Very recently, we have been instructed by the same influential British weekly that, “America’s economy is bigger and better than ever” [paywall]: Which makes one wonder, what primary anxieties are prompting these distinctive, Continue reading »
The APEC Peru agenda has been hijacked by the spectre of a Trumpian attack on its foundational principles. China provides the only viable counterbalance. APEC Peru is a unique opportunity to prepare for the global trade disruption that commences on January 20 when Donald Trump formally becomes the 47th President of the United States. The Continue reading »
How would it be to walk into a general practice with a toothache and be triaged to see the oral health therapist, who assesses and then develops an oral health care plan? They are then qualified to provide dental treatment but may also involve a GP or dentist across the corridor for further assessment. It Continue reading »
Is our dependence on mining a sign of economic weakness? Is Australia suffering from the “resource curse”? This idea is a strong theme in Ken Henry’s address to the Royal Society of New South Wales: Inequality in Australia. The mining industry is “the basis of our strong economy”. That’s hardly a contentious assertion: many would see Continue reading »
Australia is continuing to expand its relationships with Israel’s defence sector, defying the UN’s International Court of Justice. Republished from DECLASSIFIED AUSTRALIA, November 05, 2024 Australia is yet to give effect to urgings of the International Court of Justice (ICJ) to suspend all military trade with Israel until a review is completed of the exports. Continue reading »
Rachel Reeves will be leant on by City figures to deregulate the sector ahead of her keynote speech this Thursday. But transparency campaigners warn too many are falling victim to predatory finance firms