Bernard Keane arguesWe’ve seen it with the big banks, we’ve seen it with the Crown and Star gambling empires, and now we need to see it with fossil fuel companies — the moment the corporate abuse of power achieved through state capture becomes so egregious that a reckoning is...
Alan Kohler writes in The NewDailyGovernments usually change after recessions, not before them, so the job is a nice one – to manage the recovery.
But not only is the new Labor government facing a sharp economic slowdown, and possibly a Whitlam-style recession, it’s dealing with multiple crises from the...
Australia already has a UK-style windfall profits tax on gas – but we’ll give away tens of billions of dollars unless we fix it soon
Peter Martin, Crawford School of Public Policy, Australian National University
The really bizarre thing about calls for a UK-style windfall profits tax on gas is that...
As the entitled self-serving Michaelia Cash, failed ex politicians Cory Bernardi and Tony Abbott join forces with the ratbag far-right-fringe https://www.theguardian.com/.../liberals-accused-of... promoting racist Trump style lies and miss-information with utter crap like this "If we put the voice into the constitution, to my mind, we’re effectively announcing an apartheid-type...
Peter Hartcher writes in the SMH
When the Morrison government was handing out cheques to build new car parks for commuters at Melbourne railway stations, it judged that some commuters were more worthy than others. Specifically, the truly worthy ones were those who used train stations in areas held by...
Glenn Dyer and Bernard Keane write in CrikeyIt’s a speech Treasury secretary Steven Kennedy wouldn’t have dared give under the previous government — and might be reluctant to give in six or 12 months. But his address yesterday to a meeting of Australian business economists questioned some of the...
Bernard Keane writes in CrikeyWith Energy and Climate Minister Chris Bowen meeting state and territory counterparts and energy regulators on Wednesday 8th June 2022, the ghost of Angus Taylor hangs over the gathering beyond his role in creating an energy crisis by trying to shackle Australia to coal.
Bowen and...
The NewDaily's Dominic Giannini reports Australia’s energy ministers have unanimously agreed to enhance the powers of energy regulators and give the market operator the capacity to procure and store gas supplies.
Energy Minister Chris Bowen chaired a roundtable with his state and territory counterparts on Wednesday, where 11 action points...
Alan Kohler asserts
It’s a bit like chemotherapy that kills the cancer by taking the patient to death’s door.
Here’s a wild idea for mainstream economists to smile at condescendingly: How about the Reserve Bank stands back and lets this inflation episode run its course.
There’s a wise old saying that the...
New Attorney-General Mark Dreyfus says the national corruption watchdog will be empowered to investigate the use of grants programs for politically motivated pork-barrelling, saying such abuse of public money should be regarded as corruption.
In his first interview since being sworn in as the country’s top law officer, Dreyfus said...