keywords: Resources Super Profits Tax

  • AUSTRALIA

    Why miners will backflip on tax

    • John Menadue
    • 18 October 2013
    1 Comment

    Some miners must be wondering whether they took the right course in opposing the Rudd Government's Resources Super Profits Tax, in which taxes would be levied on the profitability of the enterprise rather than royalties. Higher state mining royalties, lower commodity prices and higher costs will put the squeeze on the mining companies. It will be quite delicious to see them then urging a tax based on profits/losses rather than royalties.

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  • AUSTRALIA

    Tax pain is our gain

    • Fatima Measham
    • 11 August 2010
    15 Comments

    In Sunday's Liberal campaign launch, Tony Abbott repeated the phrase 'big new tax' five times. Through taxes, we invest in a civilised society that would provide for us in times of need. Taxes are therefore not a necessary evil. They are a necessary good.

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  • AUSTRALIA

    MySuper's justified paternalism

    • Michael Mullins
    • 12 July 2010
    5 Comments

    Channelling people into a default superannuation fund could be compared with the indignity of income management. But MySuper is geared to protect the human dignity of Australians in retirement against their own indifference, and also commercial exploitation.

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  • ECONOMICS

    Economic doom looms in Oz's game of homes

    • David James
    • 12 December 2017
    1 Comment

    It is not difficult to imagine a scenario where the game of musical chairs in Australia will come to a shuddering end, imperilling the banks and dragging the economy into a deep recession. As we saw in the GFC in America and Europe, government money will be thrown at the banks to rescue them at the expense of ordinary citizens.

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  • RELIGION

    Seeking a true new start for all job seekers and workers

    • Frank Brennan
    • 08 November 2017

    'We need to recommit to work for all those who are able and willing. We need to recommit to social assistance for all those who are not able. We need to ensure that a life of frugal dignity is within the grasp of all citizens.' 2017 Rerum Novarum Oration by Fr Frank Brennan SJ

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  • The politics of popular evil and untrendy truth

    • Frank Brennan
    • 01 September 2015
    1 Comment

    If you want to form government in Australia and if you want to lead the Australian people to be more generous, making more places available for refugees to resettle permanently in Australia, you first have to stop the boats. If you want to restore some equity to the means of choosing only some tens of thousands of refugees per annum for permanent residence in Australia from the tens of millions of people displaced in the world, you need to secure the borders. The untrendy truth is that not all asylum seekers have the right to enter Australia but that those who are in direct flight from persecution whether that be in Sri Lanka or Indonesia do, and that it is possible fairly readily (and even on the high seas) to draw a distinction between those in direct flight and those engaged in secondary movement understandably dissatisfied with the level of protection and the transparency of processing in transit countries such as Malaysia and Indonesia. The popular evil is that political

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  • ECONOMICS

    Hapless Joe Hockey

    • David James
    • 10 December 2014
    12 Comments

    One of the fascinating aspects of Australia's political pantomime is the manner in which the Federal Treasurer is forced to metamorphose into a used car salesman who is spruiking the Australian economy. One reason for the relative impotence of the Treasurer is that the Federal government only has control over fiscal policy. Monetary policy, the interest rate, is set by the Reserve Bank, not the government.

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  • 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.

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  • 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.

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  • AUSTRALIA

    The case for funding legal services with public money

    • Andrew Hamilton
    • 08 November 2013
    3 Comments

    From a liberal perspective the use of public money to fund free legal services to individuals is inherently undesirable. Even if the contracts are awarded under competitive tendering, the funding of the services is a distortion in the market. Ideally they should be left to the market to provide. And by definition they are less efficient than commercial organisations disciplined by a free and competitive market.

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  • AUSTRALIA

    Gillard mining deal betrays the common good

    • Michael Mullins
    • 05 July 2010
    17 Comments

    Julia Gillard is expected to exercise moral authority because she was chosen by her party to work for the common good of the nation. Her agreement with major mining companies to take the sting out of the mining tax shows a poor start.

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  • AUSTRALIA

    Goodbye Kevin, hello Julia

    • Tony Kevin
    • 25 June 2010
    15 Comments

    We have just experienced a Shakespearean moment. There is real excitement in the land, a sense of new beginnings, as the Elizabethan figure of Julia Gillard takes the reins as Prime Minister. Rudd, to his credit, has accepted the inevitable with grace and dignity.

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