PM Gillard’s defiant speech to the Minerals Council of Australia yesterday – asserting national ownership of our mineral wealth and the country’s right to a share of the bounty being dug up and shipped out – was good politics, good…
Philip Soos’ latest withering attack on privilege from The Conversation today. Over the last year or so, the Occupy movement has garnered wide attention, with people of all backgrounds gathering to protest the deteriorating social conditions. However, these grievances have…
Last Thursday, the Australian Financial Review leaked Treasury forecasts that the revenues lost in the Gillard Government’s back down on the mining tax will exceed $100 billion over the next ten years
If anyone needed evidence that we live in a plutonomy, here it is. Australian citizens would be rioting in the street if they understood this conspiracy.
The Gillard government today announced a levy on income taxes to pay for the Queensland floods: half a per cent on incomes over $50,000, one per cent on incomes over $100,000
The Senate Select Committee on New Taxes is pondering the implications of the Mineral Resource Rent Tax, holding a hearing yesterday in Perth. Here is a new tax measure that, even diluted for the election, will still raise over $10…
This week’s backdown by the federal labor government on the Mineral Resource Rent Tax will cost Australian taxpayers $35 billion over the next ten years. The shortfall in government revenues will be made up from taxes on work and taxes…
photo credit: Urban~Spaceman Miners finally agree to tax reform. What are the changes? The attempt to harness economic rents for the public good has been renamed from the Resource Super Profits tax to the Mineral Resource Rent Tax. The…
“Gillard must come out strongly and call the lobbyists for who they are. She must assert control over the RSPT rather than negotiate with each and every individual company.
photo credit: Gary Denness Harold Mitchell, advertising supremo, summed up the mood that led to Kevin Rudd’s downfall, as quoted in the AFR, 23 June: It is an ‘amazing fact’ that ‘ordinary people on the street are barracking for five…