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I posted to gorey.com.au
Barnaby Joyce is like a wild dog who should either be restrained or let loose to roam free. Being shadow finance minister is potentially too restrictive for him and the Coalition. He should not have said Australia may default on its sovereign debt, but in The Australian today he clearly…
February 25 2010, 2:20am | Comments »
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I posted to gorey.com.au
Sensible people have been concerned about Australia’s dwindling water supply for a number of years now. Without wishing to over simplify a complex issue, it seems to me the honest summary is that we use more water in the Murray Darling Basin than gets produced by rain or ground sources…
November 2 2009, 3:02am | Comments »
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I posted to theborderwatch.blogspot.com
Caution needed on interest rates
Has the Reserve Bank acted too early in raising interest rates by 0.25pc?Yesterday's decision will add $40 to the average monthly payment for a $300,000 mortgage if passed on by commercial banks.The banks are unlikely to delay passing on the increase. Indeed, they have raised interest rates in the past…
October 6 2009, 4:47pm | Comments »
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I posted to ozcomments.com
Rethink needed on pension age increase
It’s good that unions have rediscovered their voice and realised they have more than a symbolic role in representing organised labor. After winning the war on WorkChoices it seemed the ACTU had gone to ground, or possibly to bed with the Rudd Government. If a conservative government had proposed raising…
May 25 2009, 6:26am | Comments »
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I posted to theborderwatch.blogspot.com
Mixed messages on Federal Budget
There have been mixed messages from the Federal Government in its approach to next week's Budget.The global economic situation has severely diminished Commonwealth revenues, guaranteeing a significant deficit if the government is to keep its election promises, meet community expectations and boost infrastructure spending.On one hand Treasurer Wayne Swan has…
May 4 2009, 9:54am | Comments »
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I posted to theborderwatch.blogspot.com
What a time it was. Look back to July last year and South East dairyfarmers were enjoying one of their most prosperous eras ever.The South Australian Dairyfarmers Association held an upbeat regional meeting in Mount Gambier where farmers exuded confidence.They heard Dairy Australia executives give a positive spin on world…
April 1 2009, 4:53pm | Comments »
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I posted to theborderwatch.blogspot.com
Australia's unemployment rate has hit 5.2pc, according to statistics released yesterday.This follows the biggest monthly drop in full-time jobs since 1991.The jobless rate is now the worst it has been in four years, providing further evidence the economic downturn is getting worse.There is some irony in the fact many companies…
March 13 2009, 4:36am | Comments »
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I posted to theborderwatch.blogspot.com
There is a fine line sometimes between scaremongering and careless optimism; the current global financial crisis being a classic example.The outlook is improving or looking worse, depending on who you listen to.Industry Minister Kim Carr copped a political caning last week for venturing the honest truth that "nobody's job is…
March 2 2009, 3:28pm | Comments »
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I posted to theborderwatch.blogspot.com
The Federal Government's bold mini-budget gives promise of being the "recession buster" Australia had to have.The broader reach of the expenditure promises a greater social and economic return than the limited package dispersed before Christmas.Just about everyone benefits from the latest deal.Workers, families and schools are among the big beneficiaries.At…
February 4 2009, 3:44pm | Comments »
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