“Unemployment, underemployment, a shrinking middle class, stagnant middle incomes and levels of inequality, not seen since 1929, have left a sizable slice of Americans utterly contemptuous of America’s wealthy governing elites. It is not just American “battlers” who recognise the economic factors behind the deep political divisions and bitter debate in the U.S. presidential election” Read more.
(Nov 12, 2015) The Federal government is considering an increase to the goods and services tax (GST) from 10% to 15% and possibly extending the GST to include health, education, real estate, fresh food and financial services. These areas are currently exempt from the tax. Continue reading
(Oct 28, 2015) After a relatively short drought, which could worsen next year, Murray-Darling Basin irrigation farming is in crisis.
The problem is not nature, the problem is the Murray-Darling Basin Plan which has over-allocated water to the environment at the expense of farmers and food security. Continue reading
(Oct 16, 2015) After many years of saying that a development bank is impossible for Australia, the Federal government has backed China’s Infrastructure Investment Bank (AIIB) and now Labor’s leader, Bill Shorten, has announced plans to turn Infrastructure Australia into a development bank! Continue reading