In The Australian today: Speaking in Senate estimates this week, Treasury secretary John Fraser may have been less eloquent than Jonathan Swift but his message was no less ominous.
In today's The Australian Oh, the poetry of economics! Exchange rates float, economies limp and tax brackets creep. No wonder the field attracts fertile minds. But it would be better if they kept their imaginations under control.
“The taxation concession on superannuation earnings in retirement is unsustainable,” Chris Bowen said last week. And “someone has to show the courage to say it and to deal with it”.
Joe Hockey’s second budget would have left many asking, as Peggy Lee did years ago, “Is that all there is?” As for Bill Shorten’s budget reply, it made Peggy Lee’s advice, faced with a disappointing answer to her question, to “break out the booze”, seem like sound common sense.
In The Australian today "Aristotle opens the Metaphysics with one of his most striking phrases: “By their nature, all men desire to know.” Quite so. But not at the University of Western Australia."
In The Australian today Whatever else last year’s budget may have achieved, it certainly placed fairness at the heart of the political battle. And whatever this year’s budget may bring, the government will be working overtime to ensure it is less vulnerable than its predecessor to being cast as unfair.