economy

economy

rural June 9, 2018

The latest Barnaby Joyce fallout

This past week marks a watershed in Australian politics. Politicians’ private lives are no longer off limits. We have arrived at the same place as the United States. But unlike the Americans, it isn’t coming from a puritan tradition; it’s coming...

economy May 12, 2018

Morrison’s budget fails to inspire

As treasurers go, Scott Morrison is no Paul Keating. He’s not even a Peter Costello when it comes to wit and making speeches. Morrison is dully combative and unimaginative. Even his own side found little that was inspiring in Tuesday night’s...

education March 24, 2018

Bill Shorten’s strategies paying off

The atmosphere was electric when Labor’s victorious Batman candidate, Ged Kearney, entered the room flanked by Opposition Leader Bill Shorten. You would think they had just won the general election rather than retained a seat they had held for the...

religion March 31, 2018

The land of the fair gone

There was an awful fascination to watching the Australian cricket captain destroy himself on the television news. It was almost as grisly as those shots of the Mad Monk kissing Hanson at her “book” launch on Tuesday, although for different reasons...

economy October 7, 2017

The new nationalisation

“Tony Abbott has suggested that the military be sent in to operate gas production in Victoria and New South Wales …” Say what now? These days the federal government is difficult to keep up with, having apparently split into its “moderate” and “armed...

rural September 2, 2017

Malcolm Turnbull caves in to Tasmanian loggers

Last weekend, Prime Minister Malcolm Turnbull flew to Launceston for the Tasmanian Liberals’ yearly conference. Accompanied by Premier Will Hodgman, Turnbull’s first stop was the timber yard of logging company Neville-Smith Forest Products, once a...

economy July 15, 2017

The death of neoliberalism

Socialism is back. It’s been gone for decades, unmentioned and unused, a dead concept. Then suddenly, there it was. The word returned with the rise of Bernie Sanders and the movement around him, a vast rolling insurgency of youth, union workers,...

environment June 3, 2017

Frydenberg’s carbon capture pipe dream

Back in 2008 under the perennially polluted grey skies of Beijing, then prime minister Kevin Rudd took a busload of press gallery journalists to the 800 megawatt coal-fired power station in the suburb of Gaobeidian. The purpose: to see a functioning...

education May 27, 2017

Labor pushes on with budget reply

On Monday, the first day back for parliament since budget week, Deputy Prime Minister Barnaby Joyce almost blew a gasket attacking Labor’s Bill Shorten. The opposition leader’s days were numbered, Joyce fulminated, because Anthony Albanese was going...

economy May 13, 2017

Multinationals’ brazen tax avoidance

American Express has paid no net tax in Australia for nine years, according to its latest financial statements. That is zero tax on $10 billion in revenue. Well might this story end there. Enough has already been said. But Amex is by no means alone...

economy April 15, 2017

Making the Reserve Bank a “people’s bank”

As the financial crisis continued wreaking its havoc in late 2010, Mervyn King, who, as governor of the Bank of England, sat at the apex of the banking system, made this observation: “Of all the many ways of organising banking, the worst is the one...