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Archived news for June 2009 | Recent news
Crisis? What crisis?
By now, we've all read the story, dozens of times. It goes like this: the financial crisis has brought down the Potemkin village of consumerism....
Profligate policies put us back in the firing line
World share markets took another nosedive this week triggered by the World Bank's publication of downbeat growth forecasts. For 2009, the World...
Automotive welfare
Just what is it about governments and cars? The political fallout from the OzCar affair continues unabated. The opposition has raised questions...
Stimulus (n): a huge sum of money spent on any old crap
What doesn't count as economic stimulus? Or, if we are to use the more formal term, is there any spending Prime Minister Kevin Rudd wouldn't...
Budget built on a loose foundation of beach sand
The past 12 months have been a time of Budget pain for Queenslanders, and the 2009-10 Budget continues the bad fiscal run. A year ago the Bligh...
Infrastructure spending unlikely to steer us out of doldrums
Over the past few weeks, federal government ministers have congregated in front of a selection of 35,000 construction sites around the country....
Tassie in a sorry state of affairs
As Treasurer Michael Aird likes to tell the Tasmanian public, the economic and fiscal circumstances surrounding the state are tough. Taking the...
Hurling invective at CEOs over salaries is a bit rich
Why the anger about executive salaries? Sure, that question might seem just a little naive. ("Multimillionaires, the long-term unemployed - why...
Spending the savings will not help in long term
What is needed is to correct the imbalance between deposits and consumption. This past week, 21 economists endorsed the federal government's...
The recession no one's sure we're having
The Federal Government dodged a bullet when the Bureau of Statistics announced first-quarter growth of 0.4 per cent. The economy is not in...