Search Results: Superannuation
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ECONOMICS
In politics, one should never opt for a balanced and thoughtful description of the truth when wild exaggerations will do. Especially when you want to take from the poor and give to, if not exactly the rich, at least the investor class. The dire pronouncements from the Abbott Government in response to the Commission of Audit's 86 recommendations reflect not only the PM's relentless negativity, but also more than a whiff of class war.
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AUSTRALIA
- Michael Mullins
- 07 April 2014
7 Comments
Federal Treasury secretary Martin Parkinson has called on the Government to increase the GST. In isolation this would hurt the poor and benefit the rich. But it could help the common good if it is part of a tax reform package that cuts tax avoidance strategies for high income earners, including superannuation concessions, negative gearing and trusts.
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ECONOMICS
- Bruce Duncan
- 04 February 2014
14 Comments
The budget problems are not caused by Newstart or disability pensions, which have been declining as a proportion of economic activity. Had the Howard Government not been so generous with its tax cuts to upper and middle income groups, there would today be no budget deficit.
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AUSTRALIA
- John Falzon
- 16 January 2014
1 Comment
Kevin Rudd says we need a 'new politics' or a 'new way'. Tony Abbott says we'll only get a new way by electing a new government. What is missing in both statements is the recognition that what we actually need is a new kind of economic democracy: a reconfiguration of our economic prioritising away from individualism towards the common good, and towards the participation of all rather than the exclusion of many.
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INTERNATIONAL
- Andrew Hamilton
- 28 November 2013
16 Comments
El Salvador is a small, largely agricultural society, with one of the highest population densities in the world. A largely Australian owned mining company proposes to mine for gold there, at great social and environmental cost to the local population. In Australia the wellbeing of people in areas affected by mining is central in the granting of permits. Are we willing to accept a lowering of standards for the overseas operations of Australian companies?
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ECONOMICS
- Jean-Paul Gagnon
- 18 November 2013
15 Comments
What if citizens were given the chance to fill out a preference form online as part of their own personal, digital tax portal? You could choose to pick 'below the line' and individually choose what your tax money can and can't be spent on. For example you might like to spend on funding public schools, the bullet train, hospital supplies and museums, and not to spend on nuclear power plants, weapons development, or the automotive industry subsidy.
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AUSTRALIA
- Brian Toohey
- 14 October 2013
9 Comments
Amid all the post-election talk about Labor values, no one within the party has explained how the appalling behaviour exposed by the NSW Independent Commission Against Corruption could have occurred if senior figures took any notice of these supposedly cherished values. It is not credible that most NSW state and federal Labor MPs, and key officials, had no inkling of Obeid's behaviour while a backbencher or minister.
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AUSTRALIA
- Michael Mullins
- 07 October 2013
6 Comments
Australia tied with Denmark, Finland and Japan for the title of the world's least bribe-ridden country in 2013. Our cultural resistance to corruption has long been a major contributor to Australia's reputation as a good global citizen, not to mention economic prosperity. Pope Francis said last week that we all have our own idea of good and evil, and each of us fighting against evil as we conceive it makes the world a better place.
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ECONOMICS
- David James
- 27 August 2013
3 Comments
Australia is one of only a few countries in the world that has a franking credit system. Though it is designed to stop 'double taxation' on company tax, in many cases it ends up being a 'double reward' for entities that already have tax favoured status. Last year the Tax Commissioner generously refunded over $500 million to charities and not-for-profits on dividends because they pay no tax.
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AUSTRALIA
- John Falzon
- 19 August 2013
24 Comments
Kevin Rudd says we need a 'new politics' or a 'new way'. Tony Abbott says we'll only get a new way by electing a new government. What is missing in both statements is the recognition that what we actually need is a new kind of economic democracy: a reconfiguration of our economic prioritising away from individualism towards the common good, and towards the participation of all rather than the exclusion of many.
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ECONOMICS
- David James
- 13 August 2013
3 Comments
As the China boom fades Australia is experiencing a delayed version of the GFC, without the banking crisis. Until now we've been reasonably well served by both sides of politics, in terms of macro-economic strategy. Now we require a way of dealing with more mundane economic issues like productivity and efficiency. Neither side has many good ideas about how to achieve the required structural shifts.
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ARTS AND CULTURE
- Selected poems
- 06 August 2013
1 Comment
The factory thrust its bloody quota past her six days a week, and she did what she had to. The gloves and boots and heavy denim became first and last lines of defence. She lost a thumb once, then a fingertip a year later. Language didn't come into it. She got sick and sacked in the same fortnight, then lay doggo for a decade.
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