Shell to be allowed to avoid resource tax obligations
Contributed At a time when Australia’s addiction to fossil fuels should be wound back, fossil fuel extractors keep on enjoying perks that rank them at […]
Economy
Big business and Morrison government want the minimum wage frozen
By Joe Montero In its submission to the current minimum wage case, Australian Chamber of Commerce (ACCI) and Industry has put that Australia cannot afford […]
Systemic failure is wrecking Australian economy not the pandemic
By Joe Montero Greg Jericho wrote (The Guardian 28 January 2021), “Covid-19 has actually hidden the weakness of the economy”. He hit the nail on […]
Global economy may be closer to the edge than many people think
By Joe Montero The talked about economic recovery form Covid-19 is being exaggerated for political reasons and has little to do with the real situation. […]
Australia now has almost zero interest and billions for the banks
By Joe Montero We must look closely to the Reserve Bank’s cut of the interest rate to 0.1 percent, the buying of $100 worth of […]
A critical view of Modern Monetary Theory
By Joe Montero As the reality of the biggest economic and job crisis experienced since the Great Depression hits home, and the failure of economic […]
Budget will give to a few and impose a burden on the rest of us
By Joe Montero and Ben Wilson While delivering this year’s budget, Treasurer Josh Frydenberg put a lot of effort towards trying to convince Australia that […]
Economy needs stimulus and attention to the underlying problems
By Joe Montero Forty-nine eminent economists have called for a budget that provides stimulus to the economy and for the tax cuts, mainly going to […]
Morrison’s tax cuts will hurt people and damage economy
By Joe Montero We know it now. Scott Morrison is forging ahead and bringing forward the intended tax cuts for the wealthiest Australians, and this […]
Scott Morrison and the escalation of crony capitalism in Australia
By Joe Montero Crony capitalism is alive and well in Australia. You can say crony capitalism exists when those who are administrating political power are […]