In the old Chinese proverb, the frog in the well thinks he knows everything about the world, based on the little patch of sky he can see. The view from the bottom of an open-cut coalmine might be a little wider than that of a well, but NSW Minerals Council chief executive  Stephen Galilee’s discussion of the role

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

Chinese mining company Shenhua has quite a battle on its hands.  It has loudly and proudly promised employment, investment, and royalties for the Gunnedah region, if its Watermark coal project goes ahead, but locals are publicly calling “foul” on Shenhua’s claims. Residents have managed to stuff the NSW government’s letterbox full of appeals against the

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

Mining industry lobby group the NSW Minerals Council this week released yet another report on mining’s importance to the NSW and regional economies.  Not surprisingly, the report contains lots of big numbers.   But this report, like many before it, is a case of ‘‘what’s true isn’t surprising and what’s surprising isn’t true’’. Let’s start

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

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

Children who use the “but everyone else was doing it” defence don’t usually get very far. I remember my mother retorting: “If everyone else was sticking their head in an oven, would you do that too?” But while sharing risks may not be a great idea for kids, it is, it seems, the most popular way

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.

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. 

The newly released report from the Victorian government’s Gas Taskforce is not surprising, given a recent article by its chair, writes Matt Grudnoff.

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

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

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.

Do you think cars are better than planes? What about apples? Are apples better than sandwiches? It is hard to answer some questions because they don’t make much sense. Take our political debate about climate change, for example.

Peter Reith, Paul Howes and Innes Willox think lifting the ban on fracking in Victoria will stop gas prices from rising. Sorry guys, but you’re wrong. To think that more gas is going to stop the price going up misunderstands why the gas price is rising.

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.

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

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

Just as those in the world of Harry Potter refused to utter Lord Voldemort’s name for fear of their lives, the gas industry appears equally frightened of using the words ‘coal seam gas’ for fear it might hurt its profits. But just as calling Voldemort ‘He-Who-Must-Not-Be-Named’ didn’t make him disappear, calling coal seam gas (CSG)

If something sounds too good to be true, it probably is. Last week, Port Waratah Coal Services (PWCS) chief executive Hennie du Plooy said in the Newcastle Herald that the proposed Terminal 4 project (T4) would “inject $770million a year into the regional economy during construction and another $418million a year” when operating. I don’t

Despite decades of debate, many economists can’t agree with each other about fundamental issues. We can’t agree what causes unemployment, we can’t agree what fixes it and we can’t agree whether we should run deficits when the economy slows down. Careers could be made on the length of some unresolved disputes with colleagues. Lawyers, on

If you believe the recent media reports about the composition of the Senate from July 1 next year, you’d think we were facing three years of the Clive Palmer’s Palmer United Party (PUP) “bloc” holding the Abbott government to ransom. But there are two important reasons to view such reports with scepticism…

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

Earlier this month the Greens lost more than 500,000 of the 1.6 million voters who supported them in 2010. Earlier this week Greens leader Christine Milne lost six of her most senior staff, including her chief of staff who cited fundamental strategy differences as the reason for his departure. Senator Milne, on the other hand,

If you can create a “crisis”, offer a snake oil solution, and make a lot of money out of both, then you are onto a good thing. All the better if you can blame someone else for causing it in the first place. That’s exactly what the coal seam gas industry is doing, in partnership

Winston Churchill once said, “never let a good crisis go to waste”. The gas industry clearly agrees with him. It has taken a problem of its own making and turned it into a reason why Australians should ignore all their concerns about coal seam gas and let the industry drill wherever it likes. And if

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

A common response from progressive Australians to electoral defeat is to threaten to move to New Zealand.  Just what moving to a country with a weaker economy, worse weather and a conservative government is supposed to achieve is typically left unsaid.  There is no doubt that if he sticks to his word there will be

Australia has listened, it has voted and it has decided. Australia wants political arrangements ‘other’ than what the major parties intended. It’s not what Sophie Mirabella expected before being ‘outgunned’ by the independent forces of Cathy McGowan and Tony Windsor. It’s not what ALP faceless man, Don Farrell, expected when he gave up his number