The alarming Census: debt and population

ONE OF the most alarming statistics to come out of this week’s release of the 2016 census figures was the dramatic decrease in outright home-ownership over the past quarter century.

It was coupled with a large increase in the portion of people renting – mostly from people who have taken out investment loans.

It bespeaks a gluttonous baby-boomer generation stealing from the next generation, egged on by greedy banks and poor monetary policy, and compounded by cowered do-nothing governments. Continue reading “The alarming Census: debt and population”

Journalistic confidence trivialised at media ball

WHAT does “off the record” mean? When I taught journalism at the University of Canberra I routinely asked my classes this question when covering the treatment of sources. The answers were varied. The question has arisen again in the light of Prime Minister Malcolm Turnbull’s speech at the “off-the-record” press gallery mid-winter’s ball and the enlightening Four Corners program on how Chris Masters got his material on the “Moonlight State” that blew apart the systemic corruption in the Queensland Police three decades ago.

WHAT does “off the record” mean? When I taught journalism at the University of Canberra I routinely asked my classes this question when covering the treatment of sources. The answers were varied. The question has arisen again in the light of Prime Minister Malcolm Turnbull’s speech at the “off-the-record” press gallery mid-winter’s ball and the enlightening Four Corners program on how Chris Masters got his material on the “Moonlight State” that blew apart the systemic corruption in the Queensland Police three decades ago. Continue reading “Journalistic confidence trivialised at media ball”

Marginal tax rates a scandal of unfairness

THE minimum-wage earners are knocking at the door and just one more increase like the one this month will push them through it. The door is the second tax rung above which they will pay 34.5 per cent of any additional income in income tax and Medicare levy. It is a scandal of unfairness. These people have very few deductions, so once the minimum wage surpasses $37,000 which it will almost inevitably do after the next rise, they will be paying more than a third of their marginal income (any extra income in the form of overtime or penalty rates) in tax. The same marginal rate as all the people earning up to $87,000. How can that be fair? Continue reading “Marginal tax rates a scandal of unfairness”

Diplomacy and science v Trump the barbarian

Horsey. LA Times
TWO of the great civilising forces in human history have been diplomacy and science. And that is why President Donald Trump’s rejection of the Paris Accord on climate change is the act of a barbarian.

In ancient times, barbarians were those outside the civilised worlds of Greece and Rome. In more recent times, it was epitomised by Trump at the G7 refusing to join the leaders of Britain, France, Italy, Japan, Germany and Canada in a civilised conversational 700-metre stroll to the piazza of the Sicilian hilltop town of Taormina which has been there since at lease 345BC. Trump had to wait for a golf cart to take him just 700 metres. Continue reading “Diplomacy and science v Trump the barbarian”

Uluru statement requires end to monarchy as well

DELEGATES at the First Nations Constitutional Convention at Uluru have rejected symbolic constitutional recognition with some justification. In 1999 Australians rejected (55-45) a proposal to insert a preamble in the Constitution which included the words “honouring Aborigines and Torres Strait Islanders, the nation’s first people, for their deep kinship with their lands and for their ancient and continuing cultures which enrich the life of our country”. Continue reading “Uluru statement requires end to monarchy as well”