Category Archives: Budget

Of razor gangs, budget cuts and the policy mix

In the Channel Nine series Underbelly Razor – as in real life – Sydney’s criminal matriarch Tilly Devine did not hesitate to wield the razor to keep her motley empire in line and protect it against incursion by rival gangs. … Continue reading

Posted in Budget, Gillard Government, Global Financial Crisis, Interest Rates, Mining Boom, Reserve Bank | Leave a comment

Euro zone a car crash: best keep your eyes on the road

You know how most of the traffic created by a car crash is not the crash itself, but everyone slowing down to have a rubberneck? Well, the same thing can happen with economies. And fair enough, the unfolding car crash … Continue reading

Posted in Banks, Budget, Currency, Employment, Gillard Government, Global Financial Crisis, Interest Rates, Mining Boom, Reserve Bank | 1 Comment

Trouble keeping up with Euro woes? Get used to it.

Mamma Mia. Where are those happy days? They seem so hard to find. The Greek tragi-comedic musical continues to play on continuous loop. Leading characters are still struggling to sing from the same song sheet, emitting only a discordant jumble … Continue reading

Posted in Budget, Global Financial Crisis, Interest Rates | Leave a comment

Tony Abbott-o-nomics, or not…

Economics textbooks are hefty objects. Many a kinked neck and curved spine have resulted from children being forced to lug such weighty tomes between school and home. Whether many students manage to read and absorb the often turgid contents of … Continue reading

Posted in Budget, Climate change, Gillard Government, Global Financial Crisis, Mining Boom, Tax | 4 Comments

Super tax concessions not so super

To all the baby boomers out there nursing wounded retirement nest eggs and having to work into your dotage, my sympathies. But spare a thought for future generations. Looks like we’ll be working even longer, not to mention paying higher … Continue reading

Posted in Budget, Employment, Irvine Index, Tax | 3 Comments

Opponents of mining tax outnumbered 2 to 1

THE majority of Australians support the idea of a mining tax, with supporters outnumbering opponents almost two to one, according to a new survey to be released today (19/09/2011).

Posted in Budget, Gillard Government, Mining Boom, Tax | Leave a comment

So where does all our money go?

Short of rifling through neighbours’ rubbish bins, there is no better way to compare what your household spends with the rest of Australia than the Bureau of Statistics’ survey of household expenditure released this week. Conducted every six years, the … Continue reading

Posted in Budget, Housing | 1 Comment