June 2013
If we build it, they will come, and take the profit
Confusion and contradiction have become the norm in our topsy-turvy political landscape, but the recent decisions by the ACT and NSW governments about how to fund infrastructure must take the cake. Here in the ACT, the Labor-Greens government is set to embrace a ”public-private partnership” to build its promised light rail project. The Liberals in
Why we should care about carers
Imagine if health and community sector workers wore high-vis vests; our streets, our shopping centres and even our airports would be full of them. We might even begin to think of them as the engine of job creation. But they don’t wear such things and we don’t think such things and the result is a
More than just greenies against Newcastle’s T4
Last month, PWCS management halted development of its controversial T4 coal terminal after downgrading its demand projections, citing falling commodity prices and the shifting global energy market. Considering the opportunistic nature of the proposal, this was always likely to be the case. The company’s environmental assessment used historically high estimates for steaming and coking coal
Conservative austerity can worsen debt malaise
Do Tony Abbott and Joe Hockey know how badly conservative governments are managing their economies in Europe? While Australia ”struggles” along with gross domestic product growth of just below three per cent and unemployment rate of 5.7 per cent, economic activity in the eurozone declined by 0.2 per cent in the first three months of
Mining’s real contribution
Politicians often claim that mining supports local communities such as Gloucester through job creation and attracting investment. However, Gloucester’s experience has been one of sluggish growth, environmental degradation and job losses in agriculture – the town’s biggest industry. Mining companies, including Yancoal and AGL, may tell communities that their business is the key to success,
Can we trust Clive? Commercial in confidence coal mines
Clive Palmer’s Waratah Coal claims its Galilee Coal Project, which will create four underground mines, two open-cut mines, and 468 kilometres of railway line in central Queensland, will bring economic prosperity to the region. In its recently-released supplementary environmental impact statement, however, the company refused calls to release its modelling. Without it, the public is
Silence of the logging lambs
Last week, under the guise of a forestry “peace deal”, the Gillard government committed $350 million of new industry assistance and other handouts in exchange for the Tasmanian government passing legislation that imposes an unprecedented restriction on free speech. There is nothing new about Australian taxpayers subsidising native-forest logging, but there is something unique about the
Imposed silence a threat to…whom?
Are freedom of speech, freedom of association and the freedom to protest left-wing or right-wing issues? While Senator George Brandis was thundering away this week about the importance of a free press, I’m not sure his liberalism stretches to supporting Julian Assange and the desire of WikiLeaks to ”let the information free”. Similarly, while the
Silence on peace deal is telling
Two weeks ago, I explained the consequences of the Australian Conservation Foundation, The Wilderness Society and Environment Tasmania support for the so-called ”forest peace deal” in Tasmania. The deal obliges them to cease all protests that might impede the ability of native forest loggers to sell their woodchips, take active steps to help silence other
Hidden ‘costs’ with every choice we take
Economists are often accused of knowing the price of everything and the value of nothing. Consumers, on the other hand, are assumed to have good knowledge of both. Indeed free-market economics rests more heavily on the assumption that individuals know what’s best for them than on any other assumption. While it is relatively clear that
May 2013
Abbot Point expansion will threaten, not create jobs
When Federal MP for Dawson George Christensen said the Abbot Point coal port expansion was critical to the community for jobs and security, he was absolutely right. Not because the project will create long-lasting job opportunities, but because it could put hundreds of the region’s workers out of sustainable jobs and permanently damage the region’s
Limiting Australia’s ballooning coal exports is good for the economy
Last week, Greenpeace released a report calling for a halt to Australia’s burgeoning coal exports and pointing to the catastrophic climate impacts they would cause. In response, Mitch Hooke, chief executive of the Minerals Council of Australia, took a standard industry line: “the proposal to stop Australian coal exports won’t stop global coal use –
In Australia’s New Carbon Tax, A Host of Missed Opportunities
The Australian government will begin imposing a tax on carbon emissions in mid-2012. But large giveaways to industry mean Australia’s scheme doesn’t go nearly far enough in reducing the nation’s CO2 emissions or providing economic stimulus. Another global climate conference has come and gone with little action to reduce carbon dioxide emissions, which makes efforts
A challenge to our leaders – why don’t we legalise euthanasia?
It’s often said that the only certain things in life are death and taxes. In reality, of course, if you’re willing to pay lawyers and accountants enough, you might be able to avoid taxes. But no matter how much you spend on doctors, the best you can do is prolong your mortality. And for some,
Reducing food waste – and greenhouse gas emissions
Climate change and food security are among the biggest problems facing the world today, and the fact that an increase in the former means a lot less of the latter simply makes both problems even more urgent. While the overlap in the consequences of these two problems might be obvious, what is less clear is
National economies cannot be compared to household budgets
Contrary to the speeches made by many politicians, national economies are not like households. Indeed, the household management analogies that politicians often use to explain their approach to budgetary policy are rarely useful or appropriate. The way the Coalition is using the analogy is simply bizarre; they seem to have confused micro-economics and macro-economics. While
Has Labor’s tax aversion left them on the verge of electoral defeat?
Regardless of the result of the next election, the ALP will hold an inquiry into what went wrong. How on earth, they will ask, could a government presiding over low unemployment, low inflation, low levels of public debt and a triple A credit rating be seen as poor economic managers at a time when the
Swan leaves us guessing with confused budget
Confusion lies at the heart of Treasurer Wayne Swan’s sixth budget. Does he want to be a big spender or a low taxer? Is he a Keynesian who is relaxed about the budget deficit, or is he a fiscal conservative determined to rein in public spending? Who can say?
Fantasy budget Richard Denniss would cut from rich
My fantasy budget would be one that attempted to match the government’s spending to the public’s priorities and one in which taxing and spending policies, otherwise known as fiscal policy, was based on a close reading of simple economic theory rather than a quick skim of what’s trending on Twitter. Australia has one of the
Bulga’s David toppled coal industry Goliath
NOBODY could have predicted that the might of Rio Tinto would be challenged by Bulga, a tiny NSW town of 300. Certainly, nobody could have predicted that Bulga would win. But when the Land and Environment Court overturned the NSW government’s approval for the expansion of Rio Tinto’s Warkworth coal mine, citing that the project’s
April 2013
Forget Holden: mark the miners
What is the corporate equivalent of a dole bludger? For all the talk about class warfare in Australia it is interesting that the conservatives have a pejorative name for individuals who need support from the state but progressives don’t even have a term for the foreign companies that make huge profits but still have their
Evidence-based policy gets lost in the politics of the day
In New Zealand, cabinet documents are routinely released soon after cabinet has made a decision. In fact, the New Zealand guide for accessing cabinet documents states explicitly that the need for public servants to provide “frank and fearless” advice is not a reason to keep cabinet submissions secret. Where many Australian public servants might react
March 2013
In Labor but the pain isn’t enough
Labor’s problem is not so much what it stands for but what does it stand against. Tony Abbott is against the carbon tax, the Greens are against the big mining companies and Nick Xenophon is against pokies but Labor is against, drum roll please, the Liberals. I know, I know, the ALP has passed lots
Abbott’s direct action lesson
Tony Abbott’s Direct Action Plan has been ridiculed by many as expensive and unworkable. One of the primary objections has been that the centrepiece of the policy, the Emissions Reduction Fund, is a baseline-and-credit scheme that will require counterfactual baselines to be set for every participating polluter. The baseline for a given polluter will be
Gray must not follow Ferguson’s path
A cabinet reshuffle provides the perfect opportunity for a prime minister to clarify the role of incoming ministers. From his deeds, it’s pretty clear Martin Ferguson interpreted his job as representing the interests of those who profit from extracting our resources rather than the citizens who own those resources. And given their praise on his
Why new CSG law is not the green victory it may seem
Although the new water trigger law, recently introduced by the Government was cheered by the rural independents, Greens and environmental groups, the proposal is illogical, runs counter to existing policy structures and is unlikely to improve environmental outcomes. The government has unilaterally introduced this water trigger in breach of the 1997 Council of Australian Governments
Payrise for dole makes sense
Last week, CSR closed a Sydney factory and made 150 people redundant. This was not caused by the carbon price, the mining tax or our industrial relations laws. The simple fact is that the high exchange rate that accompanies our mining boom has made many manufacturers uncompetitive. How much income support should they receive? How
It’s time to stop gouging the dead
Over the past century thousands of generous Australians have died and left some or all of their estate in a “perpetual trust” to be used for philanthropic goals. But most of the “perpetual trustees” have not been as long-lived as the funds they were managing and many funds were bought up by larger financial institutions
Age of the worried well-off
The fact that Gina Rinehart inherited billions of dollars apparently means that people earning $150,000 a year are entitled to feel average. The average income for an employed person in Australia is $58,375.20 a year. The median is $50,076. $150,000 a year is a lot of money. It is not average, it is not middle,
February 2013
PM stokes the wrong fire
The government’s obsession with speeding up the mining boom has delivered an exchange rate and a shortage of skilled labour that is devastating the manufacturing industry. Rather than take its foot off the mining boom accelerator or admit that the miners’ boom means a bust for manufacturers, the government is trying to buy itself some
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