THE Grattan Institute is the latest in a long line of conservative or independent think tanks to warble on about public debt. Well, yes, it is higher than it has been for a while. But government debt (federal, state and local) is historically low at the moment. Private debt is historically high. Continue reading “Debt OK if spent well — ask a home-owner”
Month: April 2013
Do not dwell on bursting housing bubble
AUSTRALIA’S madly over-priced housing market seems to be holding up despite various economists’ analyses that dwellings in Australia are 30 to 40 per cent over-priced. Continue reading “Do not dwell on bursting housing bubble”
THERE is more than a technological difference between the Coalition’s new broadband policy and Labor’s National Broadband Network.
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Why media change and republic crashed
STEPHEN Conroy and Malcolm Turnbull have something in common. The Communications Minister and his Opposition counterpart are each responsible for destroying worthwhile changes in Australian society by adopting the crash-or-crash through approach. Continue reading “Why media change and republic crashed”