Today in The Australian
First there was the splurge on schools that will more than pay for itself (so long as you don’t mind waiting until your unborn grandchildren reach pension age). Then came the tertiary education spending that will boost GDP by $26 for every dollar spent (so long as the economic return on education rises twentyfold).
13 Jun2016
Federal election 2016: real price of Shorten’s conjured costings
In The Australian today:
From the moment it lost office, Labor set itself one and only one fiscal goal: to prevent the Coalition from achieving the surplus Labor had repeatedly promised and repeatedly failed to deliver. Now, as Bill Shorten struggles to develop a credible fiscal strategy, the consequences are coming home to roost.
From the moment it lost office, Labor set itself one and only one fiscal goal: to prevent the Coalition from achieving the surplus Labor had repeatedly promised and repeatedly failed to deliver. Now, as Bill Shorten struggles to develop a credible fiscal strategy, the consequences are coming home to roost.
11 Jun2016
How Clinton the moderate got sideswiped to the left by Sanders
In The Australian today
With Hillary Clinton securing the 2383 delegates needed to clinch her party’s nomination, the race for the Democratic nomination is finally over. Now, after a campaign that saw her move sharply to the left, the challenge Clinton faces is to broaden her base of support in an electorate that is fractured, polarised and distrustful. The question is whether she can do so given the positions she has adopted and the baggage she carries.
With Hillary Clinton securing the 2383 delegates needed to clinch her party’s nomination, the race for the Democratic nomination is finally over. Now, after a campaign that saw her move sharply to the left, the challenge Clinton faces is to broaden her base of support in an electorate that is fractured, polarised and distrustful. The question is whether she can do so given the positions she has adopted and the baggage she carries.
06 Jun2016
Federal election 2016: workers ultimately benefit from tax cut
Today in The Australian
If you believe its opponents, the only thing cutting company income tax rates won’t do is cause cholera. Then again, absolute perfection, even in evil, is not of this world. As far as policy proposals go, however, this one apparently comes close, with the critics portraying it as a giveaway whose benefits, if any, are trivially small, long deferred and mainly for the “billionaire class”, while its costs are immediate and material.
If you believe its opponents, the only thing cutting company income tax rates won’t do is cause cholera. Then again, absolute perfection, even in evil, is not of this world. As far as policy proposals go, however, this one apparently comes close, with the critics portraying it as a giveaway whose benefits, if any, are trivially small, long deferred and mainly for the “billionaire class”, while its costs are immediate and material.
04 Jun2016
Federal election 2016: Vote for Labor (thus the Greens) will maim miners and GDP
In The Australian today:
This week’s gross domestic product figures, which showed our economy powering ahead, were no accident. Rather, they reflect the hard work Australia’s mining industry has put into cutting costs and boosting productivity.
This week’s gross domestic product figures, which showed our economy powering ahead, were no accident. Rather, they reflect the hard work Australia’s mining industry has put into cutting costs and boosting productivity.
30 May2016
Federal election 2016: evidence doesn’t justify more regulation
In The Australian today:
Here’s a disturbing fact: “Since 2008, the market share of Coles and Woolworths has risen from 60 per cent to 73 per cent.”
Or so Andrew Leigh, Labor’s spokesman on competition, tells us, in proposing yet more regulation.
Here’s a disturbing fact: “Since 2008, the market share of Coles and Woolworths has risen from 60 per cent to 73 per cent.”
Or so Andrew Leigh, Labor’s spokesman on competition, tells us, in proposing yet more regulation.