Tags » Australian Economy

Does working with money make us worse people? | Gordon Menzies

Money exercisings psychological dominance over us. So perhaps those who participated in the royal commissionings headlights couldnt help themselves

Everyone likes a good royal committee- watching normally unaccountable people give an account of themselves. 997 more words

Australian Politics – The Budget: Costello Warns Of Years of Debt

By Andrew Bolt ~

Former Australian Treasurer Peter Costello confirms we have a spending problem that will leave us with debt for many years:

So we’ve now had 10 years of deficit.

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Public Opinion

Australian Politics – The Budget: Heading In The Right Direction, But Small Steps

By Andrew Bolt ~

Good as far as it goes: 

The Turnbull government is also expected to confirm in ­tomorrow night’s budget that it will return the balance sheet to surplus in 2019-20, a year earlier than forecast but by only a slim margin, while announcing an extra $24.5 billion in new infrastructure spending across the country.

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Public Opinion

Australian Politics – Good, No Tax Rises, But The NDIS Is Still A Tax-Guzzler

By Andrew Bolt ~

Good that it won’t raise taxes, after all:

The Turnbull government has abandoned a plan to increase the Medicare levy by 0.5 percent to pay for the National Disability Insurance Scheme, saying improvements in the Australian economy mean the measure is no longer necessary.

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Public Opinion

14 Apr 2018 (AFR) - RBA raises debt concern in April financial stability review - Ignore RBA's worries at your peril

(14 April 2018, AFR, p6, by Jacob Greber)

‘For an institution that has just given the nation’s financial system another bill of good health, the Reserve Bank of Australia actually… 54 more words

1.Market Observations

Where is Peter Costello when you need him?

The single most ignorant statement found in the media today:

The South Australian senator revealed yesterday he could not support the government’s enterprise tax plan in its current form, declaring the money would be better spent on “well-targeted social and economic programs”.

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Australian Economy