These are some thoughts from Valerie Yule, a regular OLO author. Hockey could cut * middle class welfare e.g. parental payments at the rate of usual income, even if high. All payments at the lowest rate. *negative gearing *payments for buyers of first housing as that only makes housing prices higher, and rewards the owners […]
Continue Reading...Posts in ‘Economics’
Some budget thoughts from a literacy researcher
Thursday, April 17th, 2014Some budget thoughts from a Tassie Tradie
Wednesday, April 16th, 2014As a Tasmanian who has endured a destroyed budget in recent years, it frustrates me no end to see the same issues played out nationally, and be completely missed by the media. 99% of media focus on gov’t spending / taxation – nothing about how our economy grows and contracts. In other words all focus is […]
Continue Reading...Strong Choices
Tuesday, April 15th, 2014The Queensland government has a debt problem and it’s asking for your help to solve it, or at least that is the pitch for Strong Choices, a website which gives you some say in the process by allowing you to decide how to repay debt using actual figures. It’s an interesting experiment in participatory democracy […]
Continue Reading...Albanese’s QANTAS ownership own goal
Thursday, March 6th, 2014Anthony Albanese didn’t need to make the claim that eight out of the top ten airlines in the world are majority government-owned to make his case out. But he did, and if he was properly briefed he must have known that claim was wrong. Now he must certainly know that claim is wrong because the […]
Continue Reading...Questions for Labor on car industry
Wednesday, December 11th, 2013The Labor Party has suddenly become opportunistically very supportive of the car industry. Why not? Perhaps the South Australian state election, and certainly some South Australian and Victorian federal seats, will turn on it. But this is the party that under Gough Whitlam slashed tariffs by 17% that set off the turn to globalisation in […]
Continue Reading...Plain packaging works for everyone but tobacco companies
Friday, November 29th, 2013It seems that plain packaging hasn’t reduced Australian smoking rates so far, according to this report from London Economics, so you might think that it fails to meet its policy targets. And that might be the case if you accept that the previous government’s only aim with this policy was to cut smoking rates. But […]
Continue Reading...Maccloskey, innovation and wealth
Tuesday, November 26th, 2013Every now and then you have one of those cross disciplinary moments when everything you think you know about a discipline is proven wrong. I thought I had a pretty good handle on economics, but was blown away last night to find that most economists apparently think that wealth is created by savings, or efficiency gains. […]
Continue Reading...Remuneration of politicians
Wednesday, October 9th, 2013I have quite a few friends who are politicians. A decent chunk of them earn much less than they could in the private sector. Some of them left much more lucrative jobs to go into politics. Others that I know undoubtedly obtained a pay rise by going into representative politics, and I wonder whether they […]
Continue Reading...Newman hikes workers’ compo insurance 23.4% for video stores
Friday, June 29th, 2012If the Queensland government is interested in privatising anything, they could do worse than running their ruler over WorkCover. They must be sensitive about their latest price hike – I’ve never before had a phone call from WorkCover to inform me that my premiums are about to rise. Perhaps they are super sensitive in that […]
Continue Reading...Why 20K Queensland public servants could lose their jobs
Thursday, June 28th, 2012I’m on Steve Austin’s ABC radio program tomorrow along with former Queensland Labor A-G Cameron Dick. Not sure what we are going to talk about, but there’s a good chance public service cuts will be on the list. I’ve been wondering how Campbell Newman has reached the conclusion that 20,000 public servants have to go, […]
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