IMF moves to provide $650 billion in aid for the crisis
Contributed by Jim Hayes To suggest that worry about where the global economy is heading is serious is something of an understatement. Underlying the mood…
Economy
Rising living costs and low wages are hints of a faltering economy
Contributed by Joe Montero The cost of living is rising in Australia. Last week’s revealed figures are an increase of 6 percent in the cost…
Cutting the top tax rate is wrong
Contributed by Joe Montero The new bipartisanship on taxation policy will prove to be a disaster for Australia. This is about cutting tax for the…
Australia must do more to ensure fair income distribution
Contributed from Victoria Why has Australia been accepting stagnant wages for eight years? Nominal wages have only grown by around 2 percent on average. Since…
Today’s weather events and other factors show that we are running headlong into crisis
Contributed by Joe Montero A single unusual weather events does not provide proof of a climate crisis. The simultaneous rise of a series of such…
Qantas gets another $2 billion government handout without conditions
Contributed from Victoria Qantas is about to be given another $2 billion by the Morrison government. This is om top of the $11.2 billion it…
Many are forced to go without while corporate CEOs are paid too much
Contributed by Joe Montero Australian wage earners, and especially those on Centrelink benefits, are doing it tougher these days. In contrast, some of the CEO’s…
Foreign investment is falling but is still in control
Contributed by Joe Montero Australia has long been far too dependent on foreign investment. The major negative consequences have been dominant ownership by overseas investor…
Why huge wealth threatens U.S. economy
In this article Robert Reich ( 27 June) puts forward his view on the impact on the economy of the growing wealth gap in the…
Australia’s forgotten people – the underemployed
Francis each writes (Australian Unions 25 June 2021) about the crisis of underemployment and the fact that it is being neglected in Australia. Rather than…
