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Keywords: Company Tax

  • MEDIA

    The sad history of Australian media reform

    • Andrew Dodd
    • 19 September 2017
    5 Comments

    The big media players eventually get what they want by wearing down the government of the day and latching on to whatever opportunity comes their way. This month the government handed them the reform they've long craved while Xenophon attempted to win some concessions. We can assume Australia's media market will now become more concentrated. What we don't know is whether Xenophon's trade offs will do enough to protect public interest journalism and media diversity.

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  • AUSTRALIA

    Hope versus humiliation in the Federal Budget

    • John Falzon
    • 10 May 2017
    14 Comments

    It would be nice to believe, as the Treasurer wants us to, that better times are around the corner. But while wages stagnate and company profits surge, inequality is at its highest since the 1950s. This is not going to get any better any time soon. By 2019, the highest income earners will have received an effective tax cut of 1.5 per cent compared to all other taxpayers who will be paying an extra 0.5 per cent. For young people especially, Budget 2017 boosts inequality instead of building a better future.

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  • AUSTRALIA

    Waiting for the trickle down effect

    • Frank Brennan
    • 10 April 2017
    16 Comments

    In an age of 'budget repair', social policy risks becoming just a sidebar to economic policy which is a contest of ideas about how best to grow the size of the pie thereby providing a slice for 'the deserving poor' without having to redistribute too much of the pie, while 'the undeserving poor' drop off the edge as they would have anyway. For those of us schooled in Catholic social teaching, the so-called 'undeserving poor' are the litmus test of our commitment to the human dignity of all persons.

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  • ENVIRONMENT

    People power the solar revolution

    • Francine Crimmins
    • 27 March 2017
    14 Comments

    Earlier this month Tesla launched the Powerwall 2. In the transition to renewable energy, it may be the biggest disruption to hit traditional energy companies yet. In fact, it's probably their worst nightmare. Our role in energy under this innovation has changed from us being consumers to possibly all being providers. Just as Uber disrupted taxis and Airbnb disrupted traditional hotel chains, so too will the Tesla battery change our relationships and transactions with energy.

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  • AUSTRALIA

    Catholic voices against runaway capitalism

    • Michael Walker
    • 20 February 2017
    20 Comments

    The presidency of Donald Trump should bring a renewed focus on the dangers of unbridled capitalism. The Catholic Church has a rich trove of teachings on the subject that have been missing in action for the past 30 years. Now is the time for a well-articulated Christian message addressing such issues as widening wealth inequality fuelled by stagnant wage growth, the privatisation of public services, the financialisation of the economy (which fuels both of those trends), and tax justice.

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  • AUSTRALIA

    The year our leaders doubled down on doubling down

    • Mark Hearn
    • 31 January 2017
    6 Comments

    2016 was a bumper year for the political double down. Journalist Mark Kenny witnessed a dramatic manifestation: 'Mr Abbott was seen to double down on his recent indirect messaging to Mr Turnbull about a possible return to the frontbench.' A combined 'double down with indirect messaging': perhaps a uniquely Abbott adaptation. Doubling down - otherwise known as repeating yourself - is the public language of aggressive redundancy, drowning out alternative voices and ideas.

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  • ECONOMICS

    It will take more than a royal commission to tame the banks

    • David James
    • 10 October 2016
    2 Comments

    The strategy of the Big Four banks' appearance in parliament was clear enough. Blame the whole thing on a need to improve impersonal 'processes', imply that there have been a few bad apples but overall things are fine, and promise to do better in the future. The greatest challenge was probably to hide the smirks. A royal commission is being held up as an alternative, and no doubt it would be more effective. But a royal commission would not address the main issue.

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  • AUSTRALIA

    Being clear eyed and misty eyed about human rights and asylum seekers

    • Frank Brennan
    • 06 October 2016
    8 Comments

    Australia's policy is unique and unrepeatable by other nations because it requires that you be an island nation continent without asylum seekers in direct flight from the countries next door and that you have access to a couple of other neighbouring island nations which are so indigent that they will receive cash payments in exchange for warehousing asylum seekers and proven refugees, perhaps indefinitely. The policy over which Turnbull presides is not world best practice. It's a disgrace.

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  • ENVIRONMENT

    Environment groups face fight for their lives

    • Greg Foyster
    • 01 July 2016
    13 Comments

    By the time polls close Saturday, tens of thousands of voters in marginal seats will have received 'election scorecards' from environment groups. Almost all will rate the Liberal Party worse than Labor or the Greens on a range of issues, from protecting the Great Barrier Reef to encouraging investment in clean energy. Privately, some Liberal candidates will be seething - and, if the Coalition wins, they'll have the means for brutal revenge.

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  • AUSTRALIA

    Budget for a post trickle down theory world

    • Fatima Measham
    • 18 April 2016
    10 Comments

    People are sensitised to government-enabled corporate excess and doubt elected officials are capable and willing to serve their interests. The lesson from the 2014 federal budget is that there are non-negotiables around the function of government: to provide the conditions that ensure the flourishing of all citizens. Yet in terms of future-proofing living standards, the Coalition has so far presided over an ideas bust rather than boom, unless boom is the sound of something spontaneously combusting.

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  • RELIGION

    Companies' bastardry about more than bad apples

    • Andrew Hamilton
    • 07 April 2016
    19 Comments

    How do good people sink to this? The answer lies in the mutation of economic ideology from the crude buccaneering spirit of doing whatever it takes to get rich into a more urbane form. People see themselves as competing, not only for their own economic benefit, but for that of the company. This means greed can mask itself as altruism in serving a larger good. And as in the case of churches, identification with the company provides reason for protecting the company's reputation at all costs.

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  • AUSTRALIA

    My personal climate change bind

    • Fatima Measham
    • 26 May 2015
    16 Comments

    Most people think that the effects of climate change as dire but far off. I don't have that comfort. My seafarer father plays a role in generating wealth for miners who then use it as a means to influence politicians - coal, industrial salt, iron ore. I am deeply aware that my government is committed to doing as little as possible to address climate change and its lack of a coherent, internationalist policy in Australia costs countries that are climate change-vulnerable, including where my family lives back in the Philippines.

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