Pay the Rent, Boys

photo credit: ~Brenda-Starr~ Letter to the Editor – AFR 25/05/2010 Bryan Kavanagh, Glen Waverley Ross Garnaut and Ken Henry are undoubtedly correct about the benefits of the so-called super-profits ‘tax’ on miners. It’s actually a resource rent and acts vastly...

Hurrah for Garnaut on Resource Rents

photo credit: Ben Golub With Don Argus (former BHP Chair), Judith Sloan (former Santos Director) & Andrew Forrest (vested interest) banging their fists on the table this week, scaremongering the public – ‘How Dare They Threaten My Investments, My...

The New Resources Tax Reduces Mining Risk.

photo credit: jcarter   The Commonwealth of Australia was built on the sound principle natural resources are part of every Australian’s endowment. The Henry Tax Review recommended and the Rudd government has accepted a new tax system for mining that builds on...

Australia’s Needless Foreign Borrowing

photo credit: Adam_T4 Michael Hudson and Shann Turnbull* 
            Confronted by the global financial crisis that is burying foreign economies deeper in debt deflation each month, Australia needs to protect itself – indeed, to liberate itself from as many costs and...