Category Archives: Finance

Scotty From Human Resources

   “There is no economic reason for you to go to work.”   LET it be said that the Prime Minister is now an impressive ringleader of exaggerated emergency. Authoritative in his delivery, nervously robust – if anything, thriving rudely – … Continue reading

Posted in Economics and economy, Finance, History | 38 Comments

Universities begin throwing army of casuals under the bus

Turns out that studying the humanities for “eight years or more” is not a smart way to secure your future.

Posted in Education, Finance | 32 Comments

Network auditors show Faine the ABC’s Get Pell accounts

Posted in Finance, Media | 48 Comments

Proposal: cars for the cabinet, vouchers and bikes for the rest

Comcars changed from white to grey because they reflect ‘our colonial past’. IF Mathias Cormann wasn’t such a Belgian-come-lately, he’d know that Commonwealth cars were traditionally black. Some would argue the country’s decline into unserious banality occurred at roughly the … Continue reading

Posted in Finance, Global warming and climate change policy, History | 47 Comments

While the Pell’s away, the church mice will play

AS the first prefect (from February 2014) of the newly created Secretariat for the Economy, Cardinal George Pell quickly acquired a reputation for confrontational rigour as he worked to reform the Vatican’s notoriously slipshod and corrupt accounts. Even detractors admitted … Continue reading

Posted in Ethics and morality, Finance | 17 Comments

The Shark of Morro

How bad is Scott Morrison’s decision to give a billion dollars to rich chancers and panhandling carpetbaggers buzzing around the “clean energy” trough? Click it and weep: this bad. Speaking to Alan Jones this morning, Mark Latham excoriated the prime … Continue reading

Posted in Finance, Wasteful Spending | 46 Comments

Australia may have the world’s most incompetent central bank

Cannot be sure since I don’t watch them all, but it’s gotta be a contender. Look at this from today’s AFR: RBA’s Lowe flags ‘extended period’ of low rates. Speaking at the annual Australian Business Economists Anika Foundation lunch in Sydney, … Continue reading

Posted in Economics and economy, Finance | 47 Comments

Ken Henry is gone

One of the great ironies of Australia is that people often get done for something other than what they did. Ken Henry should have been sacked by the Howard government in early 2007. He wasn’t and there has been a … Continue reading

Posted in Australian Story, Finance | 39 Comments

British childcare is expensive! Who would have thought?

Yesterday I got a mail from Malcolm boosting his childcare package. Wanting to he helpful but also in a hurry I quickly replied “Save the money and deregulate the system. The regulations are far over the top”. I go a … Continue reading

Posted in Finance, Rafe, Take Nanny down | 2 Comments

David Leyonhjelm on growth and productivity

Op ed in The Fin last Friday. When the new Reserve Bank Governor testified before a parliamentary committee recently, some Labor politicians who love big-spending saw an opportunity. They quizzed him on the global failure of low interest rates to … Continue reading

Posted in Budget, Economics and economy, Finance, Guest Post, Wasteful Spending | 17 Comments