Rather than starting a new thread for each, I thought i would be good to flick up a thread that covered off daily articles. General rules: Intellectual rigour is good (especially well reference linked articles) - ranty opinions are for shock jocks At least one line summary or highlight about what you found interesting in the article. If it paywalled mentioned it (pretty much all News Corp and AFR). Don't cut and paste articles - that's likely copyright infringement So I'll start with this piece: Great analysis/opinion article at the guardian Culture shock: politics upended in era of identity Highlights economic interest as being less of an impact on voting intentions - both regionals and metros voting against their economic interest. TSK
Hospital Pass: Josh Frydenberg and the Coalition as, ahem, superior economic managers - Michael West Going back 50 years, Liberal treasurers have been terrible. Current treasurer doesn’t have much to celebrate.
Buckle up. 2019-20 survey finds the economy weak and heading down, and that's ahead of surprises A lot can change in 6 months. Iron ore is double what treasury predicted and the surplus is in name only - should be ditched to keep economy growing (a surplus is government ripping money out of the economy - only useful when booming, terrible choice when economy is flat ).
Which is why it is ludicrous to be legislating tax rates for 2024-. Having an aspiration to reduce income tax to 30% for nearly everyone is a laudable intention. Deciding that you will be doing it come what may, perhaps having to slash expenditure on infrastructure so leaving those who follow to pick up the pieces, is totally irresponsible. But great politics: Labor have little option but to support it, knowing that they will be mercilessly pilloried if a future recession delivers them power and no money for tax cuts.
Video Australia Institute on Twitter The right wing ratchet. This is a classic economic approach by right wing parties, including the Liberal and Nationals, and it create the problem with terrible economic decision and then offer the solution of cutting more services. The one thing I would note is that right wing parties will put up taxes but only ever the label of "levy".
Stages 1 and 2 of the tax cuts should pass. But Stage 3 would return us to the 1950s Stage one and two of personal tax rate cuts are useful. Stage 3 is extremely costly and tax us back to 1950s in terms of a progressive taxation system.
Satire alert (too close to the bone for some perhaps) Property Investors Selling House At A Loss Expects Nation Feel Sorry For Them
a must read. A"series of tax policy decisions over the past three decades – in particular, tax-free superannuation income in retirement, refundable franking credits, and special tax offsets for seniors – mean we now ask older Australians to pay a lot less income tax than we once did." For the first time in a long time, we're setting up a generation to be worse off than the one before it
Is this thread really about posting balanced, high quality articles or only those that align to a certain political leaning? All the articles posted so far come from only one side of the below spectrum...
For whatever reason, image didn't render on my system. Feel free to link to whatever well researched articles political articles - I'm not stopping you but try to use the guidelines. Edit: it rendered. So...you're complaining that I'm linking to mostly high quality article (note that there are zero high quality articles from the "right"). The conversation is often peer reviewed and link back to sources.
TL;dr: government uses media contacts to drop a story on FrontPage of newspaper to keep Stoke up fear." on water secrecy " only secret when it suits them. ww.theguardian.com/australia-news/2019/sep/02/sri-lankan-asylum-surge-story-comes-at-a-convenient-moment-for-the-government
"concerns that rising mortgage debt and falling home ownership rates in later life are undermining the role of home ownership in supporting retirees’ financial wellbeing" Fall in ageing Australians' home-ownership rates looms as seismic shock for housing policy Source report: Mortgage stress and precarious home ownership: implications for older Australians
NRAS was poorly designed; giving people with median wages (rather than people with low incomes) access to rental housing and providing landlords and developers excessive returns. https://www.theage.com.au/national/...and-developers-1-billion-20190908-p52p67.html
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