Welcome to Eureka Street

back to site

Keywords: Mining Tax

  • AUSTRALIA

    G20's opportunity to nail multinational tax dodgers

    • Angela Owen
    • 07 November 2014
    3 Comments

    The media has reported that Swedish furniture company IKEA's Australian arm has earned an estimated $1 billion in profits since 2003, almost all of which has been exported tax-free. Action to crack down on tax avoidance is on the agenda of next week's G20 in Brisbane, but it remains to be seen if the interests of developing countries will be looked after.

    READ MORE
  • AUSTRALIA

    Fossil fuels must be demonised

    • Michael Mullins
    • 01 September 2014
    26 Comments

    Prime minister Tony Abbott told an industry gathering in May that ’it’s particularly important that we do not demonise the coal industry’. Pope Francis is likely to do just that when he releases his new encyclical on humanity’s role in caring for the earth. 

    READ MORE
  • MARGARET DOOLEY AWARD

    Inequality matters

    • Harry Maher
    • 20 August 2014
    14 Comments

    Inequality is dangerous. And inequality is at a near all-time high. At its core, the Government’s recent budget not only engenders but actively exults in the creation and maintenance of inequality, a phenomenon rapidly expanding not just in Australia, but around the world.

    READ MORE
  • ENVIRONMENT

    The truth about Jonathan Moylan

    • Thea Ormerod
    • 30 July 2014
    18 Comments

    I am a grandmother of six, a practising Catholic and for some years was our local Catholic youth group mum. I was drawn to protest actions because other ways of protecting the future for my grandchildren were proving fruitless. Having stayed with the protesters and seen them in action, I have been impressed with their disciplined dedication to an ethic of peaceful non-violence. It is not 'violence' to frustrate mine workers and annoy the police.

    READ MORE
  • AUSTRALIA

    Abbott Government blind to social capital

    • Michael Mullins
    • 21 July 2014
    8 Comments

    The Coalition glorifies business entrepreneurship, which is promoted as a good that trumps social inclusion. It is paradoxical that there is more appetite for social entrepreneurship in the USA, which is known as the land of the self made man. The explanation is that investing in social capital ultimately makes good business sense.

    READ MORE
  • ECONOMICS

    Super's evil empire on shaky ground

    • Brian Toohey
    • 11 June 2014
    15 Comments

    The superannuation industry inhabits a cosseted world in which the money pours in thanks to a combination of government compulsion and tax concessions. The foundations of this empire are criticised for how the tax concessions create an expensive form of upper class welfare, and for the harmful effect of compulsory super's artificial expansion of the finance sector. The Abbott Government shows scant concern about either aspect.

    READ MORE
  • AUSTRALIA

    Who fathered the Family Tax Benefit?

    • Brian Lawrence
    • 30 May 2014
    2 Comments

    There may be debate about whether the current Family Tax Benefit, Part B is adequate recognition of the economic and social value of domestic child care. But there is no doubt that the $5.75 per week proposed in the recent Budget would drive low paid families deeper into poverty. The side issue of whether Howard or Keating was the father of the threatened payments could impact on post-Budget strategies and positions in the Senate.

    READ MORE
  • AUSTRALIA

    Australia slips in generosity ranking

    • Paul O'Callaghan
    • 23 May 2014
    6 Comments

    Last week the Federal Government committed to a much smaller and 'just in our neighbourhood' aid program for the long term. This major shift sent a perplexing signal to the world, with Australia abandoning Africa's poorest at a time when Australian mining investment in Africa continues to boom.

    READ MORE
  • AUSTRALIA

    Whose rule book is Abbott playing from?

    • Neil Ormerod
    • 15 May 2014
    48 Comments

    It took John Howard until his third term before he let his personal leanings completely off the leash. It led to his electoral demise. Abbott is doing much the same in his first term, over-reaching, thinking himself invulnerable to a political backlash. Whereas Machiavelli's prince could rule through force, Abbott must face an electorate whose trust in political promises has been completely eroded. Our political system will take a long time to recover.

    READ MORE
  • ECONOMICS

    Abbott and Hockey more Prince John than Robin Hood

    • David James
    • 05 May 2014
    11 Comments

    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.

    READ MORE
  • AUSTRALIA

    Palmer power! Lessons from the Senate by-election

    • Ray Cassin
    • 11 April 2014
    2 Comments

    The most insidious outcome of the WA Senate election is the bargaining power it has delivered to Clive Palmer, the Queensland mining magnate who dominates the party on which he has bestowed his name. He massively outspent all his rivals, raising yet again the question of whether limits should be placed on private financing of political campaigns. It is a question that, because of his newfound clout, will not be answered anytime soon.

    READ MORE
  • ECONOMICS

    Unwinding the Coalition's economic pantomime

    • David James
    • 12 March 2014
    10 Comments

    Economics is full of circular arguments. The Government is on the one hand arguing — most notably with the SPC Ardmona case, the exit of the car manufacturers and Qantas — that it will not get involved in supporting Australia's industry base. But then it argues that its policies will boost Australia's industry base. Lower unemployment will inevitably follow. For the first time ever it is apparently possible to have it both ways.

    READ MORE