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”
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. 
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? 
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”. 
EIGHTY years ago, Hitler had just remilitarised the Rhineland and had his eye on taking Austria and the Sudetenland of Czechoslovakia. Nothing happened after those takeovers but talks, and British Prime Minister Neville Chamberlain declaring, “Peace in our time.” Naivety and appeasement. Today we have North Korea’s Kim Jong-un. The history is similar. 
BUDGET time often shows Australia at its most sectional and selfish, especially if it is a Coalition Budget. This one was certainly no exception. It has been described as a turning away from the meanness of the Abbott Government’s mean approach of the 2014 Budget and turning away from obsession with deficits. But I get the sense that virtually every 2017 Budget measure was done with an eye to voters, but not to voters or society overall, but to particular “sectors” of voters who might change their vote for or against the Government according to how well or badly or unchanged the Budget affected their individual financial position. 
LET’S start with some definitions.
IS Malcolm Turnbull determined to lose the 2019 election? His statement this week that the Government could underwrite the rail line for the Adani mine would have increased the anger among small businesses in the six Reef Seats.
IS Malcolm Turnbull determined to lose the 2019 election? His statement this week that the Government could underwrite the rail line for the Adani mine would have increased the anger among small businesses in the six Reef Seats.