SOME economists and analysts have been saying for a decade or more that we are going to have a major slump in housing prices, and they have, according to real-estate commentators and others, been proved wrong. Continue reading “Housing bubble about to burst?”
Category: Uncategorized
The Senate — reviewer or wrecker?
WHAT are we to do with this “unrepresentative swill”, as Paul Keating called the Senate in 1989. The question arose again a week ago when WA Labor Senator Mark Bishop said that Labor should pass the whole of the Abbott-Hockey Budget in the Senate so the public would see how mean it was and flock back to Labor. Continue reading “The Senate — reviewer or wrecker?”
Rich worse off for being richer
I HAVE finally waded through Thomas Piketty’s Capital in the Twenty-First Century.
When I say “waded through”, I do not mean “read”, rather the book was read to me from the iphone as I went on my morning cycle ride, because I downloaded the audio version. Continue reading “Rich worse off for being richer”
Why Abbott’s conservative climate pact collapsed
THE TWO dumb Prime Ministers, Canada’s Stephen Harper and Australia’s Tony Abbott are on their own. The so-called conservative alliance against action on climate change died from its own contradictions in under a fortnight. Continue reading “Why Abbott’s conservative climate pact collapsed”
Labor should increase the GST to pay for science, welfare
LABOR could now stop the evolution towards paralysis in Australian politics — with a bit of courage and boldness. It could go beyond merely saying we will oppose the nasties. It could lay out its vision and state now, early in the electoral cycle, the way it is going to pay for it. Continue reading “Labor should increase the GST to pay for science, welfare”
Glad to be part of Mandle’s history
HE DID not have to do it — the Oxford 10-quid MA and Pommy 10-quid immigrant. But there we were, second-year students at Bill Mandle’s place in Downer, or should I say Upper Downer, crowded under a Hills Hoist with a mass-produced cut-canvas hood for just these circumstances – an autumnal downpour in Canberra in March.
HE DID not have to do it — the Oxford 10-quid MA and Pommy 10-quid immigrant. But there we were, second-year students at Bill Mandle’s place in Downer, or should I say Upper Downer, crowded under a Hills Hoist with a mass-produced cut-canvas hood for just these circumstances – an autumnal downpour in Canberra in March. Continue reading “Glad to be part of Mandle’s history”
Beware the aged scare
I HAVE just returned from my first sailing race. Well, I say “I” advisedly, because I did not take the helm. The man who did gave me a lesson in ageing.
I HAVE just returned from my first sailing race. Well, I say “I” advisedly, because I did not take the helm. As readers of this column might recall that I bought a 46ft (14.3-metre) Beneteau yacht about two years ago when partially retiring to Port Douglas. Continue reading “Beware the aged scare”
Solution for ABC Budget cuts
AFTER this Budget, the ABC should take the Tories at their word. The yapping conservatariat say the government broadcaster should not unfairly compete with, and replicate the work of, good commercial broadcasters. The ABC’s response should be – what do the commercial broadcasters cover comprehensively so that there is no need for us to do it? Well, it is not politics, arts, science, foreign affairs, defence, education, religion, children’s programs or even finance. No, it is sport. Continue reading “Solution for ABC Budget cuts”
Stopping the corporate donation rot
CHRISTOPER Pyne, of all people, put forward an excellent proposal to help clean up Australian politics.
“I don’t believe that the trade-union movement or corporate Australia should be able to donate to political parties,” Pyne, the Education Minister, told the ABC last Sunday: “I think only individuals should be able to donate to political parties.” Continue reading “Stopping the corporate donation rot”
Privatisation: the good, bad and ugly
THIS week’s Commission of Audit’s recommendation that the states be allowed to raise income tax – as they do in the US – and to effectively re-privatise the health system are spots of crass stupidity in a report that otherwise contains some fundamental truths and some worthwhile remedies. Continue reading “Privatisation: the good, bad and ugly”