Labor’s Senate leadership under attack from within as three leading Senator’s are smeared in the ugliest factional fight to date from a repeat offending sub-faction of the Victorian Right. So what’s it all about and who’s involved?
Another Labor factional shitfight. What’s new eh?
Overwhelmingly, Australia’s top economists would rather the budget funds measures to cut carbon emissions than cuts income tax or company tax.
They are also dead against rumoured cuts to petrol tax and the tax on beer.
The biggest question relating to the management of the economy right now has nothing to do with next week’s budget. It has everything to do with the Reserve Bank and the board meetings that will follow it.
Cutting petrol tax to bring down the cost of living used to be the political version of a joke. Failed US presidential candidates John McCain and Hillary Clinton both tried it in 2008.
The West is arraying financial weapons never deployed before against a country of Russia’s size, forsaking some of the principles that have defined it.
Part of what has defined the West – and most of what has been the world’s engine of prosperity for the past century and a half – has been the free flow of goods across borders, a working banking system, and property rights.
Rainy Sydney in 2011, much the same now
In Sydney right now anyway. How about where you are, everybody?
I hope all hoydens and hoyden-adjacent folks are safe and sound during the latest manifestations of the climate emergency.
We are about to find out whether we’ll lose a tax break worth up to $1,080 a year.
Wes Mountain/The Conversation, CC BY-ND
If you told someone a year ago unemployment was about to dive below 5%, to just above 4%, they wouldn’t have believed you.
If that person was an expert, and you said it would happen despite a Delta outbreak and lockdowns in our two biggest states, they might have said you had little idea of how the economy worked.
Sometimes the best things you can do are invisible.
Such as fighting cholera by ensuring drinking water wasn’t contaminated by sewage, as happened in London in the 1840s.
What’s the boldest thing the Morrison government could do in next month’s budget?
It would be to forecast an unemployment rate below 4% (a rate of three-point-something), then to pledge to go further, to two-point-something.
It is time for the digital awards of 2021! This is a review of the year in digital technology, told with a bit of sass and snark. In keeping with the times, this year-in-review award ceremony will be a virtual experience.
And what a year in digital it was. Digital played a role in helping the world enjoy Mars, and it helped propel rumors that led to an insurrection on January 6. Somewhere in between it played a marvelous role in helping society slouch towards an apocalyptical future. Let’s make fun of it all!
When showing your progressive credentials means allegedly recruiting conservatives, breaching your own policies, and lying hand over fist the whole way…
Imagine spending your money on something that was supposed to be new and different from the old version only to find out it was as just as dodgy as the old version.
This is the position that those who have joined the New Liberal Party find themselves.