Aussie miners: no one likes a whiney child.

by | Jun 8, 2010 | Commentary

photo credit: loungerie The Henry Tax Review recommended a resource rent tax to the Australian government, carefully designed to maintain incentives and reward risk. The miners responded with apoplexy and a campaign of deliberate misinformation that has left the...

Resource Rents to Balance the Playing Field

by | Jun 2, 2010 | Commentary

photo credit: Yuga. The government must focus on the rate of return between those who benefit from economic rents and those that are entrepreneurial. The Age reports today: …a Senate estimates committee was told the average profit in mining was 37.1 per cent,...

Housing Data Beckons Fall

by | Jun 2, 2010 | Commentary

photo credit: funadium Yesterday’s ABS release of a 14.8% fall in seasonally adjusted building approvals shows that property insiders understand that a crash is coming. If not them, then the banks curtailing credit for housing is another signal that housing is...