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.
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.
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.
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).
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.
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.