Welcome to Eureka Street

back to site

Keywords: Budgets

  • AUSTRALIA

    Move over Lance Armstrong, the Budget is coming

    • Andrew Hamilton
    • 08 May 2014
    13 Comments

    Heightened competitiveness does not foster interest in the common good but creates a narrow focus on the interests of the individual. The use of drugs in cycling illustrates the point. Doing what it takes meant taking competition out of the game by excluding competitors from the possibility of winning. In Australian politics the cult of competitiveness has led to a rigged competition in which the national interest will not be served.

    READ MORE
  • AUSTRALIA

    Homeless young people need the means to flourish

    • Andrew Hamilton
    • 08 April 2014
    13 Comments

    Curing homelessness is not simply a matter of finding homes for disadvantaged people. With backgrounds of family dysfunction, broken schooling, physical and mental illness and addiction, homeless young people come to the attention of many government departments. For all the good will involved, the effect of piecemeal interventions is to confuse young people who feel themselves the object of care, not the subject of their own growth.

    READ MORE
  • MEDIA

    Turnbull's bone for the News Corp behemoth

    • Ray Cassin
    • 24 March 2014
    17 Comments

    Malcolm Turnbull is unusual among Australian politicians in having a keen regard for the role of journalism in a democracy. That makes his blithe disregard of the prospect of handing Rupert Murdoch even greater influence over Australian politics all the more puzzling. It is unsurprising that some observers see the foreshadowed change to media ownership laws as a pay-off for News Corp's support of the Coalition in the 2013 election.

    READ MORE
  • ECONOMICS

    Don't rob the poor to pay the rich

    • 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.

    READ MORE
  • 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.

    READ MORE
  • AUSTRALIA

    So much for Labor values

    • 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.

    READ MORE
  • ECONOMICS

    Which party really has the economic smarts?

    • 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.

    READ MORE
  • AUSTRALIA

    A legal tax rort is still a rort

    • Michael Mullins
    • 22 July 2013
    11 Comments

    The salary packaging and car manufacturing industries resented not being consulted about changes to fringe benefits tax rules. But as treasurer Chris Bowen said when he shrugged off the criticism: 'This is a matter of the integrity of the tax system.' A tax system that makes compromises with sectional interests is by definition corrupt and turning its back on the common good that it has been set up to serve.

    READ MORE
  • RELIGION

    Unlocking Australia's incarceration culture

    • Andrew Hamilton
    • 23 May 2013
    6 Comments

    The Commonwealth and the Victorian state budgets this year were marked by a contradiction. Both committed more money to incarceration — detention centres and prisons; and both limited programs to help the people confined there. Such contradictions are usually signs of a bad policy that flows from shallow cultural values.

    READ MORE
  • AUSTRALIA

    Gutsy budget built around icons

    • Lin Hatfield Dodds
    • 16 May 2013
    5 Comments

    The 2013 Federal Budget is framed around a national disability insurance scheme, education reform, and welfare to work focused welfare spending. The jewel in the crown has to be DisabilityCare, which will make a significant difference in the daily lives of nearly half a million Australians.

    READ MORE
  • AUSTRALIA

    Flawed beauty in back-to-the-wall Budget

    • Paul O'Callaghan
    • 15 May 2013
    13 Comments

    The Treasurer has emphasised his belief that Labor's values and priorities are reflected in this Budget. He is keen to help the battler. Yet there is a sharp dissonance between the Government's promotion of a 'fair go' through big reforms and its evident disinterest in so many citizens whose financial struggles are profound.

    READ MORE
  • AUSTRALIA

    Black hole budget will penalise the poor

    • Brian Toohey
    • 07 May 2013
    9 Comments

    Labor is struggling with a $12 billion write down in anticipated revenue for 2012-13 after Treasury bungled the forecasts. It could cut back on government assistance to those who can fend for themselves. But it has chosen to penalise the poor, with those on the parenting payment being switched to the lower Newstart. 

    READ MORE