March 2014
Goodies and baddies lost in Tasmanian logjam, PM Tony Abbott will find
Tony Abbott recently described the people who take the chainsaws to Tasmania’s native forests as ”the ultimate conservationists”.Seriously. In his speech to the 2014 Forestworks Dinner, the Prime Minister claimed that because the loggers’ future income depends on the availability of trees, they – and not the derided greenies – are the true custodians of
Forestry aid ignores real problems
The economy has become a symbol for politicians to exploit rather than a system for them to manage. Prime Minister Tony Abbott’s recent speech about Tasmania highlights that talking about the economy is something politicians like to do, but making good economic decisions has become an optional extra. While Mr Abbott claims that no government
No clear goals in handout culture
Despite the Abbott government carrying out their commitment to slash tens of thousands of public-sector jobs and the pride taken in the deterrence effect of the death of an asylum seeker on Manus Island, our deputy prime minister in waiting, Barnaby Joyce, describes $300 million from taxpayers to his constituency as proof that we are
February 2014
Government’s industry policy lacks compass
The government’s industry policy is a complete mess. They can’t seem to decide if they want to crack down on corporate welfare or spend big on industry development. The high Australian dollar is going to continue to put manufacturing businesses under stress. Claims for assistance will keep on coming and the government is deeply
Trade agreement could prevent the next SA government introducing laws citizens want
Would you support a trade agreement that prevented the Australian Government from requiring genetically modified foods to be clearly labelled? According to a recent survey by The Australia Institute, 73 per cent of South Australians would not. How about a trade agreement that allowed Australian television stations to show fewer Australian-made TV programs? According to
Poor the losers in class war hypocrisy
Class war, it seems, can only be declared on those who have the least. When laws are reshaped to pour money into the pockets of those with the most, however, it is more polite to call it tax reform.
Let’s not pretend the ‘bad decisions’ of women are to blame for the gap in super balances
The gap between the retirement incomes of men and women will never be solved by information campaigns, decision-making tools or new websites. Women earn around 17% less than men who perform similar work. Women are far more likely than men to take time out of the workforce early in their lives to raise children. Women
Fossil fuel campaigners win support from unexpected places
If you haven’t heard about the growing campaign for fossil fuel divestment, and what it means for both your retirement funds and for the global economy, it’s time to pay attention – because now even the World Bank is on board. At the recent World Economic Forum in Davos, World Bank President Jim Yong Kim called for
January 2014
Populism before policy
It’s an election year in Indonesia and, like some Australian politicians, there are Indonesian politicians who are willing to put a surge in the polls ahead of sound policy. And like some of their counterparts in Australia, there are Indonesian politicians who think the easiest way to get a surge in the polls is to
Roll up, roll up, it’s coal magic
Bundaberg is experiencing a flurry of exploratory drilling for coal deposits. The local mining sector is buzzing, and its investors are trumpeting the region as Queensland’s newest coal centre. They promise jobs, money, and a shiny white rabbit from under their hard hat! The Bundaberg community isn’t convinced. They fear the coal mine expansion will
Alcohol and violence: Premier is simply too scared to take up gauntlet
If Barry O’Farrell was serious about reducing alcohol-fuelled violence on Sydney streets there are solutions. He could regulate opening hours, increase the price of alcohol sold late at night or even set a maximum blood alcohol level for people in public places and empower the police to undertake random breath testing on our streets and
December 2013
MYEFO: how can the Abbott government fix Australia’s economy?
Sooner or later, the Abbott government will have to stimulate the economy using fiscal policy – just like the Rudd government did in response to the global financial crisis and the Howard government did in 2001. That was the key message to come from the Mid-Year Economic and Fiscal Outlook (MYEFO), released by treasurer Joe
MPs’ long campaign, with three years left
I think that politicians work hard. I still think that even after Tony Abbott announced that the House of Representatives will sit for only 72 days next year. But the issue isn’t whether they work hard, it’s what they work hard on. Click below to read more of this article published in The Canberra Times.
In whose ‘national interest’ is it?
Free trade is overrated and collective ownership is underrated. It’s not the lefties and the greenies saying that, that’s what the Coalition government and some of the biggest businesses in Australia are saying. While most people pretend to support free trade “in principle”, in practice most of them lose their enthusiasm.
November 2013
A better way to work
The idea that more flexible workplaces promise advantages to all is not new. For decades, Australians have been told that with the aid of new technologies, we can “work smarter, not harder” to achieve a better work-life balance and greater productivity. Goodbye to rigid nine-to-five office-based regimes. Employees will be able to negotiate working arrangements that
Student debt plan is a funny money scheme
Social policy and conservative debt management policy do not always go well together and a good example is the question of what to do with outstanding student debt. Why would private interests want to buy it? It only increases by the CPI and would perform poorly as a financial investment. A term account with a
The foreign takeover of GrainCorp – can Joe Hockey demand conditions?
At the moment the Abbott government’s position on foreign investment is being put to the test. GrainCorp is subject to a takeover bid by American company Archer Daniels Midland (ADM). This bid has received approval from the Australian Competition and Consumer Commission (ACCC) and we now await the decision of Treasurer, Joe Hockey.
Time for innovation is now
While capitalism was built on the notion that new companies and industries would destroy old ones, the modern version of capitalism is far more clubby, far more polite and far less innovative. Innovative branding and marketing strategies are okay, but it seems the emergence of whole new industries would be going a bit too far.
October 2013
Keep calm, it will be AAA-OK
Tax is the price we pay to live in a civilised society. It is what funds our health system, our education system and our public transport infrastructure. Tony Abbott has just asked the head of the Business Council of Australia to advise him on how much we should spend on those things. Not surprisingly, the
Trade threatens to split Coalition
The issues of coal seam gas and free trade are combining to create a perfect storm for the National Party, and in turn, the Coalition government. Tony Abbott obviously saw the clouds on the horizon before the election and responded by declaring that a Liberal would hold the Trade portfolio for the first time since
In infrastructure funding, nothing is certain save debt and taxes
While the Coalition is yet to turn around a boat carrying asylum seekers, it has already made a stunning turnaround on the issue of government debt. Having raged against the ALP’s high-taxing, high-spending ways for the past six years Joe Hockey now wants us to be a bit more sophisticated in our approach to public finance. After spending years
September 2013
Abbott destroys carbon symbol but emissions issue remains
The carbon price has become the ultimate political symbol. But has this helped or harmed the cause for those who support it? For many progressives this symbol was so potent that they ran a “say yes” campaign for it even before they knew what it would entail. Regardless of the emission reduction targets or the generosity
August 2013
Abbott’s figures add up all right – to ruination
When Ford announced it would close its Melbourne plant at a cost of about 1200 jobs, the nation went into shock. But where is that shock now as Tony Abbott promises to shed at least 12,000 more public-sector jobs than Labor? What’s worse is that he’s making this pledge in the middle of an election
The high cost of less tax
If tax is the price we pay to live in a civilised society it seems that neither of the major parties have high hopes for the communities they say they want to build in northern Australia. Prime Minister Kevin Rudd is suggesting that companies based in the Northern Territory should face a reduced company tax
Cut science funding and lose valuable innovation
The word productivity will be used countless times in this election campaign but the issue of our investment in science will be lucky to get its 24-hour news cycle in the sun. And while business groups are often critical of governments for being focused on the short term, they are not calling for increased funding
PR spin is big business
When politicians lie, make things up or simply get important things wrong, we take for granted that it is the role of their political opponents to highlight such errors. Our politicians are so focused on each other’s words that a mere slip of the tongue can become a news story for days. This isn’t so for
Massive change ahead, but trust paramount
Australian universities have been reaping the benefits from taking international students for years. But is that the way it will always be? What if the countries those students come from turn the tables on the cash strapped western universities and ask them to bid for the work?
July 2013
Someone’s silver lining
Prime Minister Kevin Rudd’s announcement that the carbon price is now a quarter of what was forecast is good news; the question is, for whom? Rather than crippling, the impact of the carbon price is barely even irritating for most polluters. Compared with the impact of the high exchange rate since 2007, the carbon price
The remaining agenda for free traders
Australia used to have very high protection rates for its manufacturing industries. Historically tariff quotas on motor vehicles meant that Australian car prices were double the prices for equivalents overseas. Many other manufactured goods were sold at multiples of the prices in overseas markets. Australia like many other countries imposed very high tariffs on most
What the rich would do to avoid tax
Is economics a science? When we teach economics students, we usually tell them that they are learning about “the science of the efficient allocation of scarce resources”. But when we listen to public debate, often economists don’t sound very scientific. While it is often said that science can’t proceed without failure, it’s rare to hear an
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