Category Archives: Wasteful Spending

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

Government spending creates government jobs

The federal department that is meant to help Australian business is pouring almost half its budget into its own administration, leaving taxpayers with a $150 million annual bill before a cent has been spent on expanding local ­employment opportunities. Source.

Posted in Australian Story, Budget, Wasteful Spending | 22 Comments

David Leyonhjelm on the Government’s balance sheet

The Commonwealth Government was $70 billion in the black at the end of the Howard era. It is now $265 billion in the red, equivalent to $11,000 for every single Australian. And as each new budget brings a deficit, we … Continue reading

Posted in Budget, Economics and economy, Guest Post, Rafe, Wasteful Spending | 49 Comments

HECS for PECS?

Jason Murphy has an argument over at News.com that we hear from time to time: WHEN Australia’s Olympic team entered the stadium in Rio in Saturday’s Opening Ceremony, it was a moment of intense national pride. But for me that … Continue reading

Posted in Australian Story, Budget, Wasteful Spending | 41 Comments