Today in The Australian
For all his bellicose rhetoric, Donald Trump’s trade policy is not a major departure from the traditional American stance. But with China mounting an aggressive response, the world trading system is under greater threat than it has been for decades.
23 Mar2018
Labor could make all super earnings taxable but that would require political honesty
Today in The Australian
After a week of taxation claim and counterclaim, 10 propositions are essentially uncontested.
First, Labor’s elimination of the full reimbursement of imputation credits will replace a system where dividends received by Australian residents are taxed at their personal income tax rates by one in which all dividends are taxed at no less than 30 per cent, even if that rate is well above the rate which would apply to any other taxable income that taxpayer might receive.
16 Mar2018
Shorten’s squeeze on nest eggs benefits nobody
Today in The Australian
When imputation credits were made fully reimbursable, Labor wasn’t merely supportive — it was positively gushing.
Calling attention to the benefits full reimbursement would provide to a “low-income person who earns a little investment income”, Peter Cook, Labor’s then deputy leader in the Senate, claimed paternity for the policy, which Labor had taken to the previous election.
When imputation credits were made fully reimbursable, Labor wasn’t merely supportive — it was positively gushing.
Calling attention to the benefits full reimbursement would provide to a “low-income person who earns a little investment income”, Peter Cook, Labor’s then deputy leader in the Senate, claimed paternity for the policy, which Labor had taken to the previous election.
02 Mar2018
CFMEU thugs emboldened by Bill Shorten’s embrace
Today in The Australian
Bill Shorten has a plan for dealing with union thuggery: he will make it legal. Addressing members of the Construction Forestry Mining and Energy Union last October at Queensland’s Oaky North coalmine, where CFMEU protesters allegedly threatened to rape the children of non-striking workers, the Opposition Leader promised to tear up Australia’s industrial relations law.
Bill Shorten has a plan for dealing with union thuggery: he will make it legal. Addressing members of the Construction Forestry Mining and Energy Union last October at Queensland’s Oaky North coalmine, where CFMEU protesters allegedly threatened to rape the children of non-striking workers, the Opposition Leader promised to tear up Australia’s industrial relations law.
23 Feb2018
Forget Putin, we need to fear Russia’s weaknesses
Today in The Australian
Like Casablanca’s Captain Renault, who was “shocked, shocked” to discover gambling was taking place at Rick’s nightclub, the Democrats on the US House of Representatives’ intelligence committee have barely been able to contain their outrage at evidence of Russian interference in the 2016 presidential election.
Like Casablanca’s Captain Renault, who was “shocked, shocked” to discover gambling was taking place at Rick’s nightclub, the Democrats on the US House of Representatives’ intelligence committee have barely been able to contain their outrage at evidence of Russian interference in the 2016 presidential election.
16 Feb2018
The Productivity Commission gets it wrong on Economics 101
Today in The Australian
The god of long reports makes sure no one reads them. Having released its 600-page draft report on competition in the Australian financial system, the Productivity Commission would do well to keep the candles at that god’s shrine burning
The god of long reports makes sure no one reads them. Having released its 600-page draft report on competition in the Australian financial system, the Productivity Commission would do well to keep the candles at that god’s shrine burning