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The Australian Government’s decision to buy nuclear-powered submarines has brought to the surface once again big questions around how governments should spend money, particularly during a pandemic. The Government has ditched a $90 billion plan for French submarines in favour of even more expensive boats from the United Kingdom or the United States.
In the late 1970s, two Mercy sisters answered a call to work with Aboriginal people, and they chose a place in the Pilbara region of Western Australia that had a notorious reputation. Sisters Bernadette Kennedy and Bernadine Daly arrived in the largely Aboriginal town of Roebourne in Australia’s north-west in mid-1978 to see if they were needed. They quickly discovered that in a town ‘awash with alcohol’ there was great need.
In July, Anthony Albanese announced a significant change of stance on Labor tax policy which was disappointing, if not surprising. An elected Labor government, Albanese promised, would keep the coming high income tax cuts he previously opposed. This decision to not oppose the government proposal to restructure the income tax system through reduced marginal rates is supporting a government policy that will lead to a significant redistribution of wealth towards high income earners.
The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.
When you put rising housing costs alongside stagnating wages, an alarming trend in normalising insecure work, persistent unemployment and underemployment, and statutory incomes that are going backwards in real terms, there’s good reason to be deeply worried about an increase in homelessness.
Our economy is 1.1 per cent larger than a year ago. Yet, as the situation in Victoria reminded us, none of us are safe unless all of us are safe. And we cannot be safe while work remains increasingly insecure, while social security payments are inadequate and while our public infrastructure is found wanting.
Those two little boys turn ten this year, reaching a milestone most Australians celebrate simply as reaching 'double figures'. Yet with these double figures comes a new threat most Australians aren’t aware of: they will also reach the age of criminal responsibility.
Red gum, this ‘smooth-barked large tree that gives watercourses all over Australia their Australian feel’, seemed intent on bobbing up in my life one way or another, sometimes as a result of sheer luck or coincidence.
At this point, the media cycle is mostly internal, and while the media is talking to itself, Scott Morrison is talking to a rapidly growing base with significant resources. The devil isn’t in the headline here, the devil is in the detail, in the appeal itself.
A state government has an obligation to do what is possible within the limits of state resources to help its people, to make the state an inclusive place where all have access to essential services and housing. However, over the last few weeks, with the announcement of the funding restructure for homelessness services, this idea of a fair go seems to have dissipated.
It is one of the ironies of Australian political history that a policy that has profoundly benefited this country’s version of capitalism came, not from the right, but from the Labor party and unions. The mandating of superannuation payments in 1992 under the Keating government has profoundly changed Australia’s financial system.
At the beginning of the Covid-19 pandemic, the government reassured Australia ‘We’re all in this together’ but the truth is that the end of JobKeeper and the Coronavirus supplement payments will leave more than 2.6 million people in poverty.
121-132 out of 200 results.