In The Australian today:
In an update on Thursday, the Canberra-based economic modelling firm Cadence Economics estimated that each one percentage point fall in China’s long-term growth rate knocks $46.5 billion off the present value of Australia’s national income, making every Australian about $500 worse off in 2035 than they would otherwise have been.
28 Sep2015
How should the country adjust to being poorer?
In The Australian today:
Appearing last week on the ABC’s 7.30, former treasury secretary Ken Henry claimed Australia has a revenue problem, because the ratio of tax revenues to GDP is lower than in 2002, the implication being tax rates should rise. And that was only the highlight of a week-long “taxfest”, in which the media was crowded with like-minded pundits proposing ways of lightening taxpayers’ wallets.
Appearing last week on the ABC’s 7.30, former treasury secretary Ken Henry claimed Australia has a revenue problem, because the ratio of tax revenues to GDP is lower than in 2002, the implication being tax rates should rise. And that was only the highlight of a week-long “taxfest”, in which the media was crowded with like-minded pundits proposing ways of lightening taxpayers’ wallets.
21 Sep2015
Malcolm Turnbull’s economic choices will make him or break him
In The Australian today
According to the Australian Election Study, which surveys voters at each federal
election, Tony Abbott won the 2013 election with the lowest approval rating ever for an
incoming prime minister. So despite gaining 53.5 per cent of the vote and delivering on a
broad range of commitments, he had little political capital on which to draw and never
found a way to secure the electorate’s goodwill.
According to the Australian Election Study, which surveys voters at each federal
election, Tony Abbott won the 2013 election with the lowest approval rating ever for an
incoming prime minister. So despite gaining 53.5 per cent of the vote and delivering on a
broad range of commitments, he had little political capital on which to draw and never
found a way to secure the electorate’s goodwill.
14 Sep2015
Migrant crisis: Refugees must be prioritised on their beliefs
Today in The Australian
Just as the government, in allocating the 12,000 places it has added to the humanitarian intake, has every right to screen out security threats, so it has every right to test whether applicants are capable of integrating peacefully and effectively into the community.
Just as the government, in allocating the 12,000 places it has added to the humanitarian intake, has every right to screen out security threats, so it has every right to test whether applicants are capable of integrating peacefully and effectively into the community.
07 Sep2015
EU should revisit Australia’s asylum-seeker policy
Today in The Australian
All the grief in the world about the death by drowning of Aylan and Galip Kurdi, aged 3 and 5, as they tried to cross from Turkey to Greece, cannot absolve Europe of its responsibility for the 2600 lives lost, this year alone, to the Mediterranean’s treacherous seas.
All the grief in the world about the death by drowning of Aylan and Galip Kurdi, aged 3 and 5, as they tried to cross from Turkey to Greece, cannot absolve Europe of its responsibility for the 2600 lives lost, this year alone, to the Mediterranean’s treacherous seas.
27 Aug2015
National Reform Summit: Agreeing to disagree a place to start
Today in The Australian:
“Every human benefit and enjoyment,” wrote Edmund Burke, “is founded on compromise.”
“Every human benefit and enjoyment,” wrote Edmund Burke, “is founded on compromise.”