Economy
Australia’s debt crisis is real and needs to be dealt with
By Joe Montero The proof is in. A personal debt bomb is ticking, and it has the potential to pull the Australian economy down the drain, if something is not done about it.
Economy
Economy
Corporations invested their Trump tax cuts into failing stock buybacks
This article by Eric Levitz (New York Magazine 9 July 2018), is about the real effect of the Trump cut to company tax, just 6 months after it was put into effect. It has not […]
Economy
Average income is much less than we are being told
By Joe Montero 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 […]
Economy
Casualisation of work is rooted in the economic system
By Joe Montero 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 […]
Economy
Video: This is what really happens when you give corporations a tax cut
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 […]
Economy
Taxation scam is designed to benefit the richest at everyone else’s expense
By Jim Hayes The big push to enforce a corporate tax cut is still on. It might have stalled in the Senate, after last May’s budget, Treasurer Scott Morrison’s three stage plan is still on […]
Economy
Video: This is a future to fight for
Here is a call from the activist online organisation GNU, for Australians to come together to build an economy that works for everyone, not the one percent. It is suggested that this is a good […]
Economy
The 2018 budget covers that there is more take than give
By Joe Montero The big selling point in this year’s federal budget is the tax cuts. No doubt, much of Australia will appreciate having to hand over a little less of their income. This has […]
Economy
Victoria’s new budget should be the start of a new direction
By Joe Montero The budget handed down by the Victorian government on Tuesday, is an important step in the right direction. Of course, the final verdict is in the detail and some of this is […]
Economy
The Business Council is raising a $26 million war chest for the interests of big business
By Ugly A recent 7.30 report program broke the story that big corporations headed by the Business Council of Australia, are raising a $26 billion election fund to promote their sectional agenda.