In Australia, the final communique from the G7 meeting in Canada went almost unnoticed. The reason is that the Turnbull government decided to ignore it, because it is thoroughly secured to the coattails of the United States, which did not support the agreement.
According to the government and reported by much of the media, the average adult in Australia has an income of $84,600. The so how does this match up with the reality that most seem to find themselves on the other side of this line? Continue reading Average income is much less than we are being told→
According to the Australia Institute’s Centre for Future Work, ABS data from 2012 to 2017, shows that full time work with leave entitlements has fallen to 49.97 percent and just 38.9 percent for those under 30. Part time work is the highest ever, Taking up 31.7 percent of the workforce. Continue reading Casualisation of work is rooted in the economic system→
The following by Julian Assange and WikiLeaks legal advisor, solicitor Greg Barns, and published in the Sydney Morning Herald on 2 June 2018, provides a case for intervention by the Australian government, for the protection of an Australian citizen. Assange’s position is becoming increasingly critical, with mounting pressure on the Ecuadorean government to hand him over to British authorities. This would result in his extradition to the United States for political reasons. Below this article is a brief comment on the support for Julian Assange from Roger Waters of Pink Floyd fame and prominent journalist John Pilger, and coming actions in Sydney, London and Dublin.
After facing accusations form the Federal Government’s financial intelligence agency AUSTRAC, involving serious breaches of anti-money laundering and counter-terrorism financing laws, the Commonwealth Bank has agreed to pay a $700 million fine. It will also pay AUSTRAC’s $2.5 million legal costs. Continue reading The Commonwealth Bank fined for what should be regarded as criminal acts→
Video: This is what really happens when you give corporations a tax cut
Watch this video clip for an easy to understand explanation that debunks the fallacy that allowing corporations to pay less tax results in more investment in the economy and more jobs. This applies to Australia too.