. Tonight Wayne Swan handed down his 6th Federal Budget. Here are the major points. $19.4 billion deficit this coming financial year. Last year it was forecast… Read More ›
Suggested ALP Policies now that Treasurer Wayne Swan has admitted Bruce Springsteen is his economic inspiration.
This morning on the news they are reporting that the Australian Treasurer and currently acting Prime Minister of the Nation, gets his economic inspiration from Bruce Springsteen. I have not heard the context of the comment but I have immediately… Read More ›
The following is a tongue in cheek, simplified explanation of a regressive taxation system operating in an environment of increasing government handouts. It has been around for about 10 years. The owner of this blog understands its not a factual… Read More ›
Here are the things that concern me about the 2012-13 Federal Budget. 1) Having a budget surplus is a restrictionist economic policy stance and not what the Australian economy needs right now. The RBA is dropping interest rates to try… Read More ›
Treasurer Wayne Swan has handed down his fifth federal budget at Parliament House in Canberra tonight. Here is a snapshot of the major points. Treasurer Wayne Swan’s fifth budget has delivered a surplus of $1.5 billion from a $44 Billion… Read More ›