Category Archives: Federal Politics

Accounting at the ABC

Did you ever wonder why the ABC’s budget figures never seem to quite add up? This is the government budgeting to have a $29.4 billion deficit for 2017-18 (page 11-7): In short: $433.5 billion in receipts; minus $459.7 billion in … Continue reading

Posted in Budget | Tagged , , | 15 Comments

More Self-loathing Incompetence From SMH

Michael Smith has brought my attention to this article written by SMH’s Latika Bourke on 13 April 2017. Predictably, it’s the usual self-loathing plop that we’ve become accustomed to no longer paying money for: Australia should follow the British Conservative … Continue reading

Posted in Federal Politics, Hypocrisy of progressives | Tagged , , , | 42 Comments

The 2017-18 Federal Budget: Taxing Our Way to Prosperity

Every year, the government seems to make it harder to really see what they’re doing with our money in the budget – whether by renaming things, requiring an extra click or two to access various papers or simply by the … Continue reading

Posted in Budget, Federal Politics | Tagged , , , , | 53 Comments

Buried in the footnotes

On 9 May 2017, the Treasurer directed that the maximum face value of CGS that can be on issue is $600 billion That is footnote 3 on page 8 of section 7 of Budget Paper 1. Vital information like that … Continue reading

Posted in Budget | 48 Comments

Budget Speech 2017

The right choices to secure better days ahead. Thank you Mr Speaker, I move that this Bill now be read a second time. For many years now, as our economy has gone through major changes, Australians have had to dig … Continue reading

Posted in Budget | 370 Comments

Our Debt Has Chosen to Identify Itself as Good

I wonder what my bank would say if I asked them to have more patience with my ‘good’ debt? Seriously, what drugs are Scott Morrison and this Liberal government on? The Treasurer said it’s “wise” for governments to borrow when … Continue reading

Posted in Budget, Federal Politics | Tagged , , , | 58 Comments

What do you want from the university system?

Adam Creighton has an op-ed in the Australian this morning with a whole bunch of good and bad arguments. Let’s start with the bad: Australia’s universities soak up billions of dollars in public funds — $9.5 billion a year from … Continue reading

Posted in Budget, Education | 64 Comments

The resources of the nation belong to the people

Will someone please convince me this isn’t economic idiocy: PM orders gas giants: Australian consumers first: Malcolm Turnbull will impose tough new restrictions on the country’s gas producers, introducing sweeping powers to block exports unless there are adequate supplies to … Continue reading

Posted in Economics on the left, Federal Politics | 101 Comments

Political parties are voluntary associations

Niki Savva has an op-ed talking about the problems the Liberal Party currently faces.  In summary, the Liberals are short on funds, short on talent, and short on voters. I don’t think anyone would be surprised by that description. Well, … Continue reading

Posted in Federal Politics | 87 Comments

How does that slippery slope work?

So yesterday on the way home I was listening to Melbourne ABC radio.* They were interviewing Dr Bronwyn King (an oncologist) from Tobacco Free Portfolios. It was only during a meeting with a representative of her superannuation fund in 2010 that Bronwyn … Continue reading

Posted in Hypocrisy of progressives, Superannuation | 27 Comments