THE broad church, as John Howard has put it, that is the Liberal Party has accommodated many views, but it always has had one article of faith – fiscal rectitude. Continue reading “The broad church accepts high debt”
Month: March 2015
Double dissolution favour majors not minors
THE Greens would be the biggest losers in a double dissolution. Perhaps that is why there was a bit of muttering about the possibility among Ministers in the past week. But the talk was quickly dismissed. Undermining Green power is one matter, losing government in the process is another. Continue reading “Double dissolution favour majors not minors”
Thought bubble or super idea?
THE special interests came out in force during the week at the suggestion by Treasurer Joe Hockey that young people be allowed to dip into their superannuation to help buy their first home. Continue reading “Thought bubble or super idea?”
Being fair to the next generation
GOVERNMENT debt in Australia has fluctuated furiously in all the time we have had public finance, so it should not be a big item in an intergenerational report. Other things are much more important. When you look at them, future generations would much prefer a pile of debt and those things protected than no debt and those things lost. Continue reading “Being fair to the next generation”