As a nation, Australia continues to head in the wrong direction. Why? Because “every nation clings to a myth by which it lives; ours is the myth of economic progress.” This is one of the reasons why politicians love to take credit when the GDP goes up and why they look for scapegoats when it [...]
The much anticipated Henry Tax review has been delivered, landing with a thump on the desk of government. The government’s response was….well…decidedly light weight. I will leave you with a Former NSW Auditor Gerneral Tony Harris who was quoted as saying this about the government’s response:
“It doesn’t do Australia any good to have [...]
I’ve been losing sleep (again) about the ecomony and I’m not even an economist. Interest rates went up again today, “experts” suggest they will continue to rise slowly over the next year (are these the same “experts” who gave us the GFC? The mind wonders….). I’m not, however, losing sleep over interest rates. But I [...]