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Economy

History Repeating Itself?

History Repeating Itself?

Sir Bob Jones nopunchespulled.com Students of social and economic history will see ominous signs reminiscent of 1929 currently in America. After the boom 1920s, seemingly overnight it all fell apart leading on to the Great Depression of the 1930s. From the President downwards, initially, numerous commentators, all, as subsequent

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No Budget Win for Labor

No Budget Win for Labor

It appears that Anthony Albanese and Jim Chalmers have made the same mistake as the Liberals: taking their traditional base for granted. Where the Liberals have deserted traditional conservatives, Labor have for even longer abandoned the blue-collar working-class. This is nowhere more apparent than in last week’s budget. And

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Finding a Dollar and Blowing It Again

Finding a Dollar and Blowing It Again

It seems too good to be true: a Labor Treasurer delivering a budget surplus. It would, after all, be the first time that’s happened in nearly 40 years. Like all such fairy stories, if it sounds too good to be true, well, it kinda sorta isn’t… not wholly

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Guy doing backflip in city park

More Backflips than Cirque du Soleil

The Sofronoff Inquiry into the handling of Brittany Higgins’ failed rape accusations just keeps on delivering. On the fourth day of questioning, the ACT Director of Public Prosecutions was squirming harder and faster than ever. On Wednesday, he sensationally claimed that there was a “political conspiracy” to stop the case

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Will the US Manage to Meet the Interest on Its Govt Debt?

Will the US Manage to Meet the Interest on Its Govt Debt?

Don Brash bassettbrashandhide.com Some months ago, this blog reprinted the final chapter of my autobiography, Incredible Luck. The chapter was headed “Does democracy have a future?” and dealt with the inherent temptation for elected governments to bribe voters with their own money. I quoted the great 19th century French

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‘Smoke and Mirrors’ Budget Hits Workers

‘Smoke and Mirrors’ Budget Hits Workers

The sense is growing that Australian Treasurer Jim Chalmers’ second budget is not at all what the government is claiming. Far from a triumph of good economic management, economists are calling it a “smoke and mirrors” budget, with a “surplus” that amounts to little more than an accidental windfall of

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Trying to Hide True Cost of ‘Net Zero’ Hammers Budget

Trying to Hide True Cost of ‘Net Zero’ Hammers Budget

The Albanese government’s demented climate policies are helping drive the cost of living for Australians through the roof. So, the government is throwing money back at Australians as “cost of living relief”. To pay for the “relief”, they’re jacking up taxes on energy, which will… You get the

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If This Is the Black, I’d Hate to See What Red Looks Like

If This Is the Black, I’d Hate to See What Red Looks Like

Somehow, it’s hard to be quite so hoopla as Zippy and Albo are at their “budget surplus”, when mortgages, power bills, fuel prices and grocery prices are zooming into the stratosphere. Especially when the “surplus” is entirely a chimaera of creative accounting and tax gouging, and splashing benefit handouts

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Sacrifice

Sacrifice

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man carrying to girls on field of red petaled flower

A Tick to Celebrate Single Parents?

lindsaymitchell.blogspot.com Earlier this week Ngati Kahungunu and Project Gender released the Mako Mama Mangopare Single Parents Project. The research is based on seven focus groups and an online survey of 3,545 single parents which asks about their circumstances regarding income, work, health, experience of discrimination and domestic

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Thanks, ‘Party of the Worker’!

Thanks, ‘Party of the Worker’!

I can’t recall a time when inflation was so shockingly obvious, so astonishingly fast. I’ve lived through my share of economic cycles. I was too young to really notice the stagflation of the 1970s, but I graduated into the recession of the early 80s. I well recall a

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Albo’s Training Wheels Just Keep Spinning

Albo’s Training Wheels Just Keep Spinning

As Australia’s economy sinks deeper and deeper into the mire, the Albanese government’s training wheels are spinning and going nowhere. Just digging us in harder. As for Anthony Albanese himself? Mr 32% is coming across as clueless as his Arts grad Treasurer. As Australia’s infrastructure teeters on

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man in gray blazer raising drinking glass while sitting on sofa

New Wokeland: Prosperity or Division?

Simon Angelo Editor, Wealth Morning WealthMorning.com This article is general in nature and should not be construed as any financial or investment advice. Did you complete your 2023 census? Are you one of the ‘over 4 million’ thus far? This year’s form seemed more invasive. More complex. It

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This Will Be the Number One Issue for the Election

This Will Be the Number One Issue for the Election

The number one issue for the election is going to be the cost of living crisis, fuelled by this spendthrift Labour Government and their wasteful spending and policy settings. Law and order will be very close to cost of living, but it will be cost of living that will be

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