keywords: Wages

  • AUSTRALIA

    Ending feminised poverty

    • Kate Galloway
    • 11 September 2014
    14 Comments

    Despite historical gains for women in terms of formal equality, structural issues - wage gap, superannuation gap, childcare, unpaid caring, inequitable income distribution - have not gone away. I do not see why my older women friends should be burdened with accumulated poverty simply because they are women. They carry a material burden because their unpaid work was considered to be performed 'for love', undeserving of financial security.

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  • ECONOMICS

    SMSFs offer 'pension fund socialism'

    • David James
    • 13 August 2014
    1 Comment

    In 1976 management thinker Peter Drucker said the real owners of the stock market were workers, through their pension funds. A similar broadening of ownership has occurred in Australia since the creation of compulsory superannuation. But intermediaries called fund managers still stood between the people and ultimate control of their financial destiny, until the rise of the Self Managed Super Fund (SMSF).

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  • AUSTRALIA

    Abe here to spruik his invigorated Japan

    • Walter Hamilton
    • 09 July 2014
    5 Comments

    Japanese Prime Minister Shinzo Abe's perspective on modern history would offend most Australians. He sits in the camp that believes Japan fought a defensive war. Abe and Tony Abbott will adopt a series of measures for strengthening joint military exercises, enhance people-to-people exchanges, formally sign a 'free trade' agreement, and much more. A full-course meal that Australians would be advised to chew over well.

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  • 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.

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  • ECONOMICS

    Blessed are the moneymakers

    • David James
    • 16 May 2014
    9 Comments

    The 2014 Federal Budget has created a new hierarchy of virtue in Australian society, with well off investors deemed to be good and the disadvantaged bad. It is not so much class war as a war between capital and the rest of society. Those wielding significant capital are useful, while those who can save little, and have little to invest, are considered a burden.

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  • AUSTRALIA

    The GST and Abbott's fair go for all

    • Michael Mullins
    • 07 April 2014
    7 Comments

    Federal Treasury secretary Martin Parkinson has called on the Government to increase the GST. In isolation this would hurt the poor and benefit the rich. But it could help the common good if it is part of a tax reform package that cuts tax avoidance strategies for high income earners, including superannuation concessions, negative gearing and trusts.

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  • ARTS AND CULTURE

    Performance review

    • N. N. Trakakis
    • 11 March 2014
    2 Comments

    After being shown in by the girly secretary into his spacious office, you were invited to sit in a corner chair, from where you stared at his polished black shoes, and his new brown cardigan.

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  • MEDIA

    Exploiting consumers needs to be illegal

    • Michael Mullins
    • 10 February 2014
    7 Comments

    The ANZ Bank faces a huge payout after a class action by its customers secured a partial but significant victory against the bank's unfair and illegal credit card late payment fees. This is happening because we have laws to protect consumers. The Federal Government is well advanced in its efforts to wind back existing and planned laws that protect consumers, as they are considered red tape that places an unnecessary burden on business.

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  • ARTS AND CULTURE

    Best of 2013: Lament of the 21st century man

    • Michael McVeigh
    • 06 January 2014
    1 Comment

    His body itself is a symbol of his inherited power and privilege. He hears women talk about being afraid to go out at night alone. He sees the great strides women have made in the workforce, yet sits in management meetings where nine out of ten leaders are men. He sees bikini clad women on his television screen and feels guilty at admiring their bodies.

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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

    Australians are not doing it tough

    • Greg Foyster
    • 02 September 2013
    19 Comments

    Throughout the election campaign, both major parties have pledged to address 'cost of living' pressures. But a quick comparison with the economies of other industrialised nations confirms that Australians have nothing to complain about. If prices rise by 5 per cent but incomes rise by 10 per cent, households are better off, even if the cost of a petrol reaches a new pinnacle.

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  • ARTS AND CULTURE

    Lament of the 21st century man

    • Michael McVeigh
    • 10 July 2013
    10 Comments

    His body itself is a symbol of his inherited power and privilege. He hears women talk about being afraid to go out at night alone. He sees the great strides women have made in the workforce, yet sits in management meetings where nine out of ten leaders are men. He sees bikini clad women on his television screen and feels guilty at admiring their bodies.

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