Shorten smells blood

Bill Shorten can smell blood and is becoming bolder by the week. His announcement last week that the cash payments tied to the dividend imputation scheme would end, was just the beginning.Shorten

Read more at: The Australian Independent Media Network

 

 

 

 

 

 

Shorten draws a line in the sand

Bill Shorten and the Labor party are beginning to demonstrate true grit. The latest policy announcement that will see an end to a welfare handout to the rich, otherwise known as the Dividend Imputation Scheme M2, is a masterstroke.Bill-SHorten

Read more at: The Australian Independent Media Network

The Myth of the 2020/21 Surplus

Scott Morrison’s belief that he will be able to produce a surplus budget by 2020/21 is either a pipe dream or a con-trick. It is simply not achievable.
And, to our collective relief, it is ignorance rather than good management, that will ensure it doesn’t happen. Notwithstanding the fact that a surplus budget is the last thing our economy needs now or then, it is government policy that will stop it from happening.1446420860697

Read more at: The Australian Independent Media Network

Is Barnaby’s career done and dusted?

As we all know, Federal politicians spend nearly half their lives away from home. It can be a lonely life, we know that too. But should we cut them any slack because of it?8ac257e426c881a183b99f93656dcc27

Read more at: The Australian Independent media Network

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The Stock Market … better it never existed

Are we witnessing the end of the surge on Wall St? Or is, what we witnessed this week, no more than a minor correction? The current roller coaster ride on the NYSE and other world markets including Australia, demonstrates just how much of a casino these places are.os-bz-wall-street-plunge-20180205

Read more at: The Australian Independent Media Network

Time is running out, Malcolm

turnbullMalcolm Turnbull just doesn’t get it. Or, perhaps he does, and he is hoping against the odds that the situation will improve by the time he finds himself forced to call an early election.
The problem is wages growth, or more particularly, the lack of it. He has been trumpeting the success of his government’s ‘jobs and growth’ platform now for months, citing the creation of 377,000 jobs in 2017 as evidence of that success.

Read more at: The Australian Independent Media Network

A Politician’s Guide to telling the truth about taxation

Following an interview with an unusually frank and forthright politician, a journalist was struggling to absorb the reality that taxes don’t fund government spending. He was, however, still conscious enough to ask the next obvious question: if taxes don’t fund spending, why do governments tax?
The next day, while still trying to grasp how sovereign monetary governments pay for things, he returned to continue the interview. While it was questionable as to whether he was mentally ready to learn the truth about why governments tax people, he did have a deadline to meet.maxresdefault

read more at: The Australian Independent Media Network

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