09 Nov2018

It’s a mess, but history shows that the US can rebound

Posted in Op eds

Today in The Australian

The American people spoke on Tuesday, but quite what they said will remain contentious for years to come. What is certain, however, is that American politics will be as tumultuous in its next phase as it was in the last.

Click here to read the article at the Australian's website (login required) or check back here next week for a pdf. 

02 Nov2018

Leninist logic says China must be checked, and soon

Posted in Op eds

Today in The Australian

As Bill Shorten noted in his address to the Lowy Institute on Monday, China is likely to remain Australia’s largest trading partner “for the foreseeable future”. However, that doesn’t mean our interests are necessarily aligned.

Click here to read the oped at The Australian website (login required) or check back here next week for a pdf. 

26 Oct2018

It’s time liberals put away childish things

Posted in Op eds

Today in The Australian
It’s time liberals put away childish things


One of the beauties of democracy is that when things don’t work out, there is plenty of blame to spread around. What happened in Wentworth is no exception.


Click here to read the article at The Australian's website (login required) or check back here next week to download a pdf.
 

05 Oct2018

Greed is a deadly sin perhaps, but it helps drive our economy

Posted in Op eds

Today in The Australian

Greed is a deadly sin perhaps, but it helps drive our economy


Anyone who has followed the evidence being given in the financial services royal commission will not be surprised that Kenneth Hayne refers to “greed” more than 50 times in the interim report.

Click here to access a copy at The Australian's website (login required) or check back here next week for a pdf.
 

28 Sep2018

Thumbs down for Trump’s man? it’s spiteful theatre

Posted in Op eds

 

Today in The Australian

It is hard not to feel uneasy about the treatment being meted out to Brett Kavanaugh, Donald Trump’s nominee for the US ­Supreme Court.

Click here to read the article at The Australian's website (login required) or check back next week to download a pdf.

 

 

21 Sep2018

Common sense has died along with truth and trust

Posted in Op eds

Today in The Australian

Perhaps the royal commission is the new form of the Last Judgment. As the wicked are exposed and the innocent — should there be any — exonerated, the commissioner, observing the proceedings from an elevated podium, impassably records their fate.

Click here to read the article at The Australian's website (login required) or check back next week to download a pdf.

14 Sep2018

Like Sweden, we’re ripe for the anti-immigration vote

Posted in Op eds


Today in The Australian

After repeated rampages in Melbourne by African gangs, Australians are hardly likely to find the election results in Sweden surprising. With a sharp rise in violent crime, including a wave of attacks using hand grenades, since the country received an influx of refugees, the anti-immigration Sweden Democrats emerged this week as the kingmakers in what is certain to be a hung parliament.

Click here to read the oped at the The Australian's website (login required) or check back here next week for a pdf of the article.

31 Aug2018

History of regicide can shed light on Turnbull’s downfall

Posted in Op eds

Today in The Australian

With Australians scratching their heads and wondering what that was all about, Shakespeare’s dictum, “uneasy lies the head that wears a crown” has received a solid workout in the public debate. 

Click here to read the article at The Australian's website (login required) or check back here next week for a pdf of the article.
24 Aug2018

Our political class lacks moral courage

Posted in Op eds

Today in The Australian

Exactly 50 years ago, I spent my birthday protesting against the Soviet invasion of Czechoslovakia. At a co-ordinated time, I believe it was Prague’s midnight, a minute of silence was observed in places that circled the globe.

Click here to read the oped at The Australian's webpage (login required) or check back here next week for a pdf.

19 Aug2018

Road to a big Australia is in poor repair

Posted in Op eds

Today in The Australian

Like a python that has swallowed a pig, we are struggling to digest the population bulge the resources boom left behind. Unless immigration levels are reduced, the costs of that adjustment will only continue to mount, undermining public support for the migration program and jeopardising our ability to continue reaping the large gains migration brings.

Click here to read the oped at The Australian's webpage (login required) or check back here next week for a pdf. 

10 Aug2018

Fuel-efficiency regulation impact draft is a fantasy

Posted in Op eds

Today in The Australian

Fuel-efficiency regulation impact draft is a fantasy

Just two good things can be said for the government’s draft regulation impact statement on “improving the efficiency of new light vehicles”.

Click here to read the oped at The Australian's webpage (login required) or check back here next week for a pdf.
 

08 Aug2018

NEG might be the answer but Turnbull needs to explain why

Posted in Op eds

Today in The Australian: "NEG might be the answer but Turnbull needs to explain why"

 Experts agree that a steady diet of fudge, cream pies and french fries is far healthier than consuming grains and vegetables. Or at least they do in 2173, according to Woody Allen’s movie Sleeper (1973).


Click here to read the article at The Australian's website (login required) or check back here next week to download a pdf.   

 

 

03 Aug2018

Labor’s broader narrative resonates at the ballot box

Posted in Op eds

Today in The Australian

That genius of modern politics, Edmund Blackadder, could have had Labor in mind when he said “we in the Adder Party are going to fight this campaign on issues, not personalities … because our candidate doesn’t have a personality”.

Click here to read the article at The Australian's website (login required) or check back here next week to download a pdf.  

27 Jul2018

ACTU counts on Shorten to change the rules, AER on Turnbull

Posted in Op eds

Today in The Australian

Were there a prize for the slogan that best captures the spirit of the age, it would surely go to the ACTU’s “Change the Rules!”

Stingy bosses? “Change the Rules!” Mean-minded bankers? “Change the Rules!” Spiking electricity prices? “Change the Rules!”

Click here to read the article at The Australian's website (login required) or check back here next week to download a pdf. 

20 Jul2018

With NATO and Putin, Trump’s cleaning up after Obama

Posted in Op eds

Today in The Australian

With NATO and Putin, Trump’s cleaning up after Obama

In a widely acclaimed column in last weekend’s The New York Times, Bret Stephens argued that Donald Trump’s foreign policy aimed at one result and one result only: “The collapse of the liberal international order”, even at the cost of leaving America hated, feared and alone.

29 Jun2018

Asylum-seekers shake up European Union and America

Posted in Op eds

Today in The Australian

As the EU’s heads of government gather to discuss policies towards asylum-seekers, migration is causing political turmoil throughout the developed world.

22 Jun2018

Tax policy: Coalition, Labor plans offer clear choice

Posted in Op eds

Today in The Australian
 
With Pauline Hanson deciding to support the government’s proposed tax changes, Australians now face a stark choice between competing visions of our fiscal ­future.


15 Jun2018

Checks are needed to bring the ABC’s facts division to heel

Posted in Op eds

Today in The Australian

Well, that will teach senator ­Fraser Anning a lesson. And it should be a warning to us all. If you thought the ABC’s Fact Check was about checking facts, think again.
 
 
25 May2018

Freedom of religion plays out in every facet of life

Posted in Op eds

Today in The Australian

With the government having received the report of the religious freedom review, both Labor and the Coalition have promised at least to retain the protections that are now in place.




18 May2018

Royal fairytales recount our nation’s blessings

Posted in Op eds

Today in The Australian
With planeloads of tourists descending on London for the royal wedding, and an expected television audience in the hundreds of millions, Britain’s royalty remains the greatest show on earth.


11 May2018

Even the innocent are lost to this virtual lynch mob

Posted in Op eds

Today in The Australian
Even the innocent are lost to this virtual lynch mob

Eric Schneiderman, the attorney-general of New York who resigned on Monday just hours after being accused of sexual misconduct, apparently suffers from Portnoy’s Complaint, which Philip Roth defined, on the first page of his novel by that name, as “a disorder in which strongly felt ­altruistic impulses are perpetually warring with extreme sexual longings, often of a perverse ­nature”.


05 May2018

Karl Marx: flawed visionary sowed seeds of clarity and chaos

Posted in Op eds

Today in The Australian

Karl Marx, who was born on May 5, 1818, has not had much luck with centenaries.
When his first centenary was celebrated in 1918, the international socialist movement he had fought so tirelessly to create had been torn apart by World War I, with the revolutionary turmoil in Russia inducing further convulsions.


27 Apr2018

Financial system will be rebooted only to fail again

Posted in Op eds

Today in The Australian


If there is a lesson to be drawn from the trail of horrors uncovered by the banking and financial ser­vices royal commission, it is the folly of forcing ever greater financial risk on to people who lack the skills to manage it.


20 Apr2018

We love a big Australia — but not so fast

Posted in Op eds

Today in The Australian

It is true that Melbourne, with just half London’s population, covers six times London’s area, as Shaping a Nation, the research paper on migration released earlier this week by the Treasury and the Department of Home Affairs, claims. But it hardly follows that Melbourne should, or sensibly could, aim to achieve London’s population density.


13 Apr2018

Kevin Rudd’s 2020 summit symphony fell flat

Posted in Op eds

Today in The Australian

Listening, on the eve of its 10th anniversary, to recordings of the Rudd government’s 2020 Summit, it was hard not to be reminded of Rossini’s quip about Wagner. “One cannot judge Wagner’s ­Lohengrin from a first hearing,” said the maestro, “and I certainly do not intend to hear it a second time.”

06 Apr2018

Trump’s tariffs, China’s attitude spell trouble for world trade

Posted in Op eds

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

Posted in Op eds


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

Posted in Op eds

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.

02 Mar2018

CFMEU thugs emboldened by Bill Shorten’s embrace

Posted in Op eds

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.

16 Feb2018

The Productivity Commission gets it wrong on Economics 101

Posted in Op eds

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

02 Feb2018

Tax system and regulation are stifling productivity growth

Posted in Op eds

Today in The Australian

With Australians settling back into work after the summer break, last week’s release of the latest estimates of productivity growth suggests we are still struggling to increase the efficiency with which we use the nation’s resources.

19 Jan2018

Fickle voters abandon the man they made president

Posted in Op eds

Today in The Australian

With Donald Trump’s first year as 45th President of the United States drawing to a close, America’s economy is growing strongly, the unemployment rate is at an 18-year low (and that for black Americans is lower than at any time since data began to be collected in 1972), consumer and business confidence are high, and the stockmarket has reached new peaks.
26 Jan2018

Modern Australia’s success is built on enterprise and hard work

Posted in Op eds

Today in The Australian

With the politics of envy in full swing, it is worth remembering that the millions who came to these shores since the First Fleet arrived 230 years ago were driven not by the prospect of living at other people’s expense but by the aspiration to forge a better life for themselves and their children.


12 Jan2018

Think before we get rid of the monarchy

Posted in Op eds

Today in The Australian

Shorn of its bombast, the argument for becoming a republic is that it would complete the “Australianisation” of the office of head of state without altering the ­substance of our constitutional ­arrangements.

22 Dec2017

Quality of mercy strained by culture of complaint

Posted in Op eds

Today in The Australian

Arriving in Australia many decades ago, the first thing I learned was that real Australians never complain. In this country, outrageous fortune seemed to be wasting her time: the cruellest slings and arrows were met with a stoicism that made Seneca look like a whingeing Pom.


15 Dec2017

Keating’s pointscoring unfair to Menzies and a disservice to history

Posted in Op eds

Today in The Australian

 Paul Keating’s attack on Robert Menzies is merely the latest episode in the politicisation of Australian history. Lost in that attack, which seeks to portray Menzies as an appeaser who would have left Australia undefended in World War II, is even the slightest pretence of historical accuracy.

24 Nov2017

Nation still reels from toppling of Kevin Rudd by his own party in 2010

Posted in Op eds

Today in The Australian


When the voters of Bennelong turfed John Howard out exactly 10 years ago, “Kevin 07” seemed to offer a fresh alternative to a government that was scarred and wearied after four terms in office.



17 Nov2017

Dual citizenship: this parliament of ‘foreigners’ is listing

Posted in Op eds

Today in The Australian
Dual citizenship: this parliament of ‘foreigners’ is listing

As braces of bloodhounds scour Parliament House for dual nationals, section 44(i) of the Constitution has crippled the gov­ernment and, depending on the outcome in the seat of Bennelong, may make Bill Shorten prime minister.

10 Nov2017

ACTU chief’s fake facts on wages undone by history

Posted in Op eds

Today in The Australian

It is a truth universally acknow­ledged that we live in a post-truth age.

That Sally McManus’s speech on the 110th anniversary of the Harvester decision last week is ­replete with claims whose only ­relationship to reality is that they contradict it may therefore be par for the course.


03 Nov2017

Lenin may be no longer, but his fetid disease lingers

Posted in Op eds

Today in The Australian
 
“Lenin lived, Lenin lives, Lenin will live!” proclaimed the banners in the Moscow mausoleum as Lenin’s embalmed body was laid to rest; but 100 years after the storming of the Winter Palace, all that remains of the communist utopia the Bolsheviks promised when they seized power on November 7, 1917, is the dust and ashes of its victims.


20 Oct2017

At last, an energy policy that has Australia headed in right direction

Posted in Op eds

Today in The Australian

If there is a lesson from Australian energy policy, it is that it is far easier to make a fish soup out of an aquarium than vice-versa. But even though Malcolm Turnbull and Josh Frydenberg have not worked a miracle, their National Energy Guarantee could be a first step to reversing the harm caused to what was once a relatively well-functioning electricity market.

06 Oct2017

Checks and balances on submarines thrown overboard

Posted in Op eds

Today in The Australian


Faced with legitimate questions about the future submarine program, Christopher Pyne’s approach has been to mimic the great name-calling scene in Waiting for Godot: “Ceremonious ape!”, “Punctilious pig!”, “Moron!”, “Vermin!”, “Sewer-rat!”, “Curate!”, “Cretin!” — culminating in Estragon’s most devastating of insults to Vladimir: “Crritic!”


13 Oct2017

Same-sex marriage survey suffers from incomplete information

Posted in Op eds

Today in The Australian


The continuing crisis in Catalonia highlights once again the dangers plebiscites pose to social coherence and stability. By reducing complex problems to simple questions, they can exacerbate divisions rather than build agreement, while worsening the tyranny of the majority.


29 Sep2017

German election: Merkel loses out in backlash over refugees

Posted in Op eds

Today in The Australian
Having won a fourth term, Angela Merkel has secured a place in the pantheon of German chancellors alongside her fellow conservatives Konrad Adenauer and Helmut Kohl. But there is no denying that the coalition she leads of the Christian Democrats and the Christian Social Union has emerged battered and bruised from last Sunday’s election.


08 Sep2017

Australian citizenship is qualification enough to serve in parliament

Posted in Op eds

Today in The Australian

Australian citizenship is qualification enough to serve in parliament

If so many parliamentarians risk being disqualified under section 44(1) of the Constitution, it is ­because parliament’s composition broadly reflects that of Australian society. With 49 per cent of Australia’s population either born overseas or having a parent who was, dual nationality, or at least the entitlement to dual nationality, has become widespread.




30 Aug2017

Ghosts of the GFC haunting our fragile economies

Posted in Op eds

Today in The Australian

On August 9, 2007, France’s biggest listed bank, BNP Paribas, froze €1.6 billion worth of funds backed by subprime mortgages, signalling the beginning of the global financial crisis.
12 Aug2017

Predictable NBN errors replicated in renewable energy sector

Posted in Op eds

Today in The Australian

  The problem with the National Broadband Network was always very simple. The project’s goals were worthy: to provide a new, albeit extremely costly, high-speed network, earn a reasonable return on taxpayers’ investment and charge readily affordable prices.


29 Jul2017

Shorten’s fix for imaginary inequality issue is to tax the rich

Posted in Op eds

Today in The Australian

 When Bill Shorten says “tax reform” what he means is the largest peacetime increase in tax rates since federation.



22 Jul2017

Australian liberalism is conservative in sense Disraeli would appreciate

Posted in Op eds

Today in The Australian

A dogma, Groucho Marx might have said, is a man’s best friend. After all, no one could deny that a fixed set of beliefs can sustain good combat, soothe defeat and simplify hard choices.

03 Jun2017

Gonski school funding harms education quality and equality

Posted in Op eds

Today in The Australian

It’s those wretched Catholics again. If you believe the press, they are spending substantially less than they should on Catholic schools in low-income areas, while using taxpayer dollars to subsidise the ones that compete with independent schools at the top end. Yet there they go, howling about the new school funding package.
17 Jun2017

French election: Macron’s huge majority a misleading guide to France

Posted in Op eds

Today in The Australian

French election: Macron’s huge majority a misleading guide to France

In Britain, voters split on left-right lines; in France, they moved to the centre. Little wonder the commentary has been all over the place, with some pundits claiming the swing to Jeremy Corbyn heralds a revival of the clash between left and right, while others have hailed Emmanuel Macron’s triumph as signalling a move away from the politics of division.

20 May2017

Liberals, tax your brains and drop the bank levy

Posted in Op eds

Today in The Australian

Let’s be clear: increasing taxes is not necessarily bad. After all, if we are genuinely unwilling to curb public spending, then we ought to pay for it rather than passing the bill to future generations.


08 Apr2017

If Macron beats Le Pen, he will still face a divided France

Posted in Op eds

Today in The Australian

If Macron beats Le Pen, he will still face a divided France

Like all populists, Marine Le Pen, the National Front candidate in France’s presidential election, gives bad answers to good questions. And like so many of their opponents, Emmanuel Macron, her leading rival, would rather avoid those questions altogether.


25 Mar2017

London terror will help Marine Le Pen’s presidential campaign

Posted in Op eds

Today in The Australian

It is easy to imagine what people thought as they heard the news from London: this will never end. But they will also have thought: this cannot be allowed to continue.
11 Feb2017

Washington faces Donald Trump’s shock and awe tactics

Posted in Op eds

Today in The Australian

With the US Court of Appeals for the Ninth Circuit decisively rejecting the Trump administration’s application for its executive order on immigration to be reinstated, the question of whether the checks and balances America’s system of government imposes on the new administration will remain effective has moved to the centre of the political debate.

30 Jan2017

Pressures of populism pose problems for parliaments

Posted in Op eds

Today in The Australian

Released just before Australia Day, the British Supreme Court’s decision on Brexit reminds us of a fundamental truth: the British system of government, which was Britain’s greatest gift to its former colonies, rests on the supremacy of parliament.

28 Jan2017

Donald Trump’s protectionism won’t make America great again

Posted in Op eds

Today in The Australian

There was good news this week for Donald Trump, with a poll by Politico finding that the “America First” message of his inaugural address resonated with 65 per cent of Americans. Yet the new President’s bellicose economic nationalism is as dangerous for the US as it is for the world.

23 Jan2017

Trump’s tariffs deny reality of golden age

Posted in Op eds

Today in The Australian

“Protection will lead to great prosperity and strength.” With those eight words, placed at the heart of his inaugural address, Donald J. Trump, 45th President of the US, ended America’s long-standing commitment to an open, rules-based, trading system.

09 Jan2017

Who’ll pay for our long lives and pensions?

Posted in Op eds

Today in The Australian
There was good news late last year for governments struggling with soaring pension costs: according to a study published in the prestigious journal Nature, it may not be possible to extend the human lifespan beyond the ages already attained by the oldest people on record.

02 Jan2017

Courageous must stand up to proponents of ‘post-truth’ world

Posted in Op eds

Today in The Australian

It is a truth universally acknowledged that we now live in a “post-truth” world. But the notion that there was a golden age in which political truth readily triumphed over falsehood is so fanciful as to exemplify the very phenomenon the term “post-truth” describes.

19 Dec2016

Asset lottery makes it a merrier Christmas for some

Posted in Op eds

Today in The Australian

Little wonder Donald Trump swept the rural states: this year’s Christmas Price Index, which calculates the cost of buying the full basket of goods and services specified in The Twelve Days of Christmas, shows America’s milking maids are doing it tough, as are the country’s suppliers of swans, geese and partridges in pear trees.


05 Dec2016

Malcolm Turnbull must beware the whims of the promiscuous voter

Posted in Op eds

In The Australian today:

Last Thursday, when he ­announced he would not stand for re-election, French President Francois Hollande became merely the latest victim of the year of political head-rolling. Hollande’s fall at the guillotine of politics follows a string of errors and miscalculations that saw his satisfaction rating plummet to barely 4 per cent. But with the ­National Front fracturing the political equilibrium, it also reflects the difficulties both France’s Socialist Party and its centre-right opponents have had in regaining their hold on the country’s political system.



03 Dec2016

Divided Italy’s constitutional crisis of confidence

Posted in Op eds

Today in The Australian

You can, so to speak, count on the Italians. As opinion polls may not be published in the two weeks leading up to a vote but can still be taken, blog sites have sprung up that report the results in terms of entirely imaginary wagering opportunities, with names that allow readers to readily identify the yes and no sides in tomorrow’s constitutional referendum.

28 Nov2016

Sugar coating hard truths about obesity tax

Posted in Op eds

Today in The Australian

Recommending new taxes should not be done lightly. But while it is full of strong claims, last week’s Grattan Institute report proposing a tax on sugar-sweetened soft drinks ignores relevant evidence and is marred by serious errors of analysis.
21 Nov2016

Trump’s tax and trade policies could hurt Australia and the world

Posted in Op eds

Today in The Australian
Having promised to return manufacturing jobs to the US, Donald Trump’s macroeconomic policies may instead accelerate their ­demise.

14 Nov2016

US election: political charlatans and conjurers wait to exploit vulnerable

Posted in Op eds

Today in The Australian

According to a recent poll in the French daily Le Monde, 57 per cent of French voters believe demo­cracy works badly, more than a third would like to see it replaced by an alternative and one in five think that alternative should allow a “chief” to override the present checks and balances.

12 Nov2016

US election: Trump unschooled in Washington’s ways and must learn fast

Posted in Op eds

Today in The Australian

Having captured the presidency, retained control of both chambers of congress and secured majorities in states the Democrats considered their own, the Republicans have achieved far more than seemed possible six months ago. But this victory’s foundations are far from stable and leave the GOP’s future as uncertain as it has ever been.

07 Nov2016

US election likely to test traditional party habits

Posted in Op eds


Today in The Australian
 
That this year’s American presidential contest is unusual hardly needs to be said. What remains to be seen is just how far the outcomes diverge from the norm. To help you assess the results, here are five features of American presidential elections worth knowing. Two weeks ago, they were all going Hillary Clinton’s way; that is less clear today.

17 Oct2016

Howard shows how far we’ve drifted from the Menzies era

Posted in Op eds

Today in The Australian
 Set against the turmoil that has racked Australian politics since 2007, John Howard’s masterly series on the Menzies era reminds us of what stability looked like.

10 Oct2016

Where to for Republicans after rise and fall of Donald Trump?

Posted in Op eds

Today in The Australian

When Walt Whitman, writing in 1856, observed that Americans aspire to a “democracy of manners”, he meant that they expect to be treated not only equally but also respectfully. Well, you don’t need to know much about politics to know that Donald Trump’s ­remarks about groping women don’t meet that standard.
03 Oct2016

Deutsche Bank turmoil raises questions of Australian regulators

Posted in Op eds

Today in The Australian

Although it is unlikely to precipitate a broader crisis, the turmoil affecting Deutsche Bank — the biggest bank in Europe’s largest economy — highlights the risks still confronting the global financial system. And as markets struggle with those risks, there are serious questions to be asked about the decisions Australian regulators are taking to ensure the stability of our banking sector.

27 Sep2016

Central banks repeatedly made to look very ineffective managers

Posted in Op eds

In The Australian today
William McChesney Martin Jr, who chaired the US Federal ­Reserve in the 1950s and 60s, ­famously observed that central bankers are the people who take away the punch bowl just as the party is heating up. Nowadays, his successors are the fellows who spike the drinks.
19 Sep2016

Stephen Conroy has retired, red underwear securely on his head

Posted in Op eds

In The Australian today:

Stephen Conroy’s decision to quit the Senate so as to establish a red underwear business has been ­hailed by his colleagues.

12 Sep2016

Super changes will punish those who save relative to pensioners

Posted in Op eds

In The Australian today:
There is a fundamental defect in the government’s superannuation proposals that has been entirely overlooked. Instead of growing in line with average earnings, the $1.6 million “transfer balance” cap, which limits the amount that can be held in the withdrawal phase, is only indexed to consumer prices.



05 Sep2016

Special banking tribunal is a financial regulator too many

Posted in Op eds

Today in The Australian:
Finding anything good to say about Labor’s proposed royal commission on banking is a challenge. But no matter how ill-­conceived it might be, at least it will eventually fade away.


08 Aug2016

Banks’ response to RBA rate cut doesn’t warrant inquisition

Posted in Op eds

Today in The Australian
 
Perhaps the best that can be said for hauling the banks before the House of Representatives’ Standing Committee on Economics is that it is unlikely to do much harm. But rather than being dragged behind Labor’s populism, isn’t it time the government moved to reset the economic agenda?

01 Aug2016

Modern politics has reached a sorry state with Rudd UN affair

Posted in Op eds

Today in The Australian
If Labor has an ethical standard that guides its conduct it is no better than this: hurt your enemies, help your friends. Now, with the government’s refusal to nominate Kevin Rudd as a candidate for secretary-general of the UN, the ­Coalition risks sinking to its opponent’s level.

25 Jul2016

Liberal Party is paying the price for letting Labor set the rules

Posted in Op eds

Today in The Australian


The trouble with voters in western Sydney, pollster Mark Textor appar­ently told the Liberal partyroom when it met last week to consider the election campaign, is their “entrenched cynicism”.

18 Jul2016

France takes centre stage in the clash of civilisations

Posted in Op eds

In The Australian today

France takes centre stage in the clash of civilisations

When the first anniversary of the storming of the Bastille was celebrated on July 14, 1790 in an elaborate “Feast of the Federation”, the 20-year-old Wordsworth rhapsodised that “Bliss was it in that dawn to be alive, but to be young was very heaven,” while an ageing Kant mused that humanity might finally have “matured”. Two centuries later, at least 10 children and 74 adults lie dead, mowed down as they celebrated Bastille Day on Nice’s iconic Promenade des Anglais.

16 Jul2016

Donald Trump is unlikely to be dumped at Republican convention

Posted in Op eds

In The Australian today:

As Republicans gather in Cleveland, Ohio, for next week’s Grand Old Party convention, a poll from the Pew Research Centre finds that just 38 per cent of Republican and Republican-leaning voters believe the party will “solidly unite” behind Donald Trump. And with Hillary Clinton estimated to have a four to 12 percentage point lead nationwide, it is scarcely surprising the Republican Party remains troubled and divided.

11 Jul2016

Long shadow of ghettos stains race relations

Posted in Op eds

Today in The Australian
Coming after three years of protests by the Black Lives Matter movement, the horrific killings in Dallas have placed race at the centre of the turmoil gripping the United States.

04 Jul2016

Federal election 2016: voters follow European equals in delusion

Posted in Op eds

Today in The Australian
 With Australians choosing paralysis at best, chaos at worst, our only answer to the challenges the country faces seems to be the hope that something will turn up.


27 Jun2016

Brexit: the EU Britain leaves is brittle to the point of fracture

Posted in Op eds

In The Australian today

Britain joined the European Economic Community in the turmoil of the 1970s. As its entry occurred, Australia embarked on the Whitlam experiment, which crippled our ability to adjust to the shocks that hit the world economy and condemned us to two decades of misery.

20 Jun2016

Federal election 2016: Labor’s NBN assumptions are implausible

Posted in Op eds

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).


06 Jun2016

Federal election 2016: workers ultimately benefit from tax cut

Posted in Op eds

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.

04 Jun2016

Federal election 2016: Vote for Labor (thus the Greens) will maim miners and GDP

Posted in Op eds

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.
30 May2016

Federal election 2016: evidence doesn’t justify more regulation

Posted in Op eds

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.

16 May2016

Federal election 2016: super debate deserves better than polemics

Posted in Op eds

Today in The Australian

Let’s start by clearing up the confusion which seems to have clouded even Judith Sloan’s usually razor-sharp insights. The government’s changes to superannuation, whatever one may think of them, are not retroactive: they do not seek to alter the state of the law at a time prior to their announcement.

09 May2016

Super should serve economic and social goals

Posted in Op eds

Today in The Australian
In theory, putting your jewels in a safe protects them from theft. In practice, thieves know safes are where the jewels are kept. And if the thief has a key, you’re in ­trouble.

That, in a nutshell, is the story of super. There are, no doubt, many twists in the saga; but all the latest episode confirms is that when they are desperate for cash, governments can be trusted to breach whatever trust we have placed in them.

07 May2016

US political disillusion made Donald Trump all the rage

Posted in Op eds

In The Australian today:

So it’s Trump. And what a win.

After all, the field was one of the strongest in Republican history, ranging from Jeb Bush, whose family had produced two presidents and who had a solid claim in his own right, through to heavy hitters such as Marco Rubio, John Kasich and Ted Cruz. And the losers were hardly short of cash, consistently outspending Donald Trump in critical contests. Yet the prize has gone to the man who seemed to come out of nowhere.

02 May2016

Grattan Institute obsessed with wealth distribution

Posted in Op eds

Today in The Australian

Did you realise “investors now account for more than half of new loans for housing, up from 29 per cent two decades ago”?

You would if you had read Hot Property, the Grattan Institute’s latest call to scrap negative gearing and increase capital gains taxes. Except that it isn’t true. Indeed, the statistical series the report cites as its source shows 35.8 per cent of new housing loans went to investors in February 2016.

25 Apr2016

Labor is taking Europe’s road to ruin

Posted in Op eds

Today in The Australian:
It is easy to understand why Labor wants to increase taxes on higher-income earners. And it does not take much nous to figure out why the government might feel under pressure to do so too. But what does require explaining is how the need to raise taxes in next month’s budget has become an unchallenged part of the conventional wisdom.

11 Apr2016

Student union denies believers’ right of association

Posted in Op eds

Today in The Australian
In an age of inclusivity, the least one can ask is to be included. Or so the University of Sydney Student Union — which has threatened to deregister the university’s evangelical union unless it drops the requirement that members be evangelical Christians — seems to believe.

04 Apr2016

COAG: more pressure needed to force reforms to tax regime

Posted in Op eds

Today in The Australian

COAG: more pressure needed to force reforms to tax regime

The premiers had a choice. They could simply demand more money, knowing that, with an election looming, Malcolm Turnbull would be hard pressed to refuse; or they could take responsibility for raising the revenues they claim they need and accept that voters would then hold them to account for the taxes they impose. That they chose as they did is no less disappointing for being utterly predictable.

21 Mar2016

What is superannuation savers’ should stay so

Posted in Op eds

Today in The Australian
It is a pity no government has thought to build a tomb of the unknown saver or a cenotaph for fallen superannuants. With the opportunities it offers for iconic memorials gracing our suburbs, a worthier use of public funds would surely be hard to find.

19 Mar2016

Republicans might never recover from Donald Trump

Posted in Op eds

Today in The Australian

Hillary Clinton ended Bernie Sanders’s dream of a “political revolution” this week, making it virtually impossible for the crusty socialist to win the Democratic nomination.

07 Mar2016

Labor down the rabbit hole with DIY economics

Posted in Op eds

Today in The Australian

“In a society like ours,” Gore Vidal wrote some years ago, “politics is improvisation”: policies are announced, tactics invented and slogans launched with consequences “no one can foresee and everyone has to live with”. But if Labor’s proposed tax changes prove anything, it is the dangers that involves.

05 Mar2016

A president Donald Trump would wreak havoc far beyond America

Posted in Op eds

Today in The Australian

Donald Trump’s march to the Republican nomination took another leap forward this week as his Super Tuesday wins added 237 delegates to the 82 he had already gained. Having secured about 44 per cent of the GOP delegates chosen so far, Trump seems increasingly difficult to beat, heightening the tensions within the Republican Party.

29 Feb2016

Labor must stop denying negative gearing truth

Posted in Op eds

Today in The Australian

With Labor spending last week denying the obvious about its proposed tax hikes, it was hard not to be reminded of writer Hannah Arendt’s warning, which ought to be emblazoned on every street corner, that “no one has ever counted truthfulness among the political virtues”.

27 Feb2016

Trump card is changing the rules of the game

Posted in Op eds

Today in The Australian

And then there were seven, ­Agatha Christie might have said. But even with 16 candidates leaving the field since the outset of the primary season, there is still a lot of blood to be spilled before the line-up for the US presidential election is finally determined.

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