Tag Archives: economy

IAN MCAULEY. The budget – still tough on the young

The Commonwealth’s budget has a Keynesian boost for a sluggish economy, and is based on an optimistic, or even heroic, assumption that economic growth will deliver a fiscal surplus within a few years. We have heard similar claims from treasurers, … Continue reading

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IAN McAULEY. The Liberal Party’s French Connection

The political future of Kelly O’Dwyer, Minister for Revenue and Financial Services (presently on maternity leave) is uncertain, as Liberal Party members in her electorate move to disendorse her. On one level this conflict can be seen as the shenanigans … Continue reading

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IAN McAULEY. Capital gains taxes: Keating got it right in 1985

Most commentators on the crisis in housing affordability correctly attribute the problem, in part, to the Howard Government’s decision in 1999 to “halve the taxation of capital gains”. But that was only one aspect of the 1999 change: the other … Continue reading

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IAN McAULEY. What lies beyond capitalism?

This a review of Wolfgang Streeck’s book ‘How will capitalism end?’. Communists of the world, relax! Don’t spend your efforts trying to bring down capitalism, because it’s going to bring itself down.  

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SAM HURLEY, TRAVERS McLEOD, JOHN WISEMAN. Company directors can be held legally liable for ignoring the risks from climate change.

  Company directors who don’t properly consider climate related risks could be liable for breaching their duty of due care and diligence, a new legal opinion has found. Although the alarm for business leaders has been sounding for some time, … Continue reading

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Ian McAuley. Labor’s policies.

Amid all the political chatter about tensions between Turnbull and Morrison, a possible early election, and the laundering of donations to the Liberal Party, Labor has released a substantial policy document –Growing together: Labor’s agenda for tackling inequality. With a … Continue reading

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