Category: Federal Budget

Australia’s weird new Federal Budget that advocates rapid wages growth: a quick critical note on the commentary

Australia’s weird new Federal Budget that advocates rapid wages growth: a quick critical note on the commentary

Here, Greg Jericho joins with other mainstream economists in agreeing with the lead analysis of Jim Stanford’s Centre for Future Work, that LNP government’s Budget expectation (requirement) for wages growth is not happening and shows no prospect of happening. Again the usual high quality info from Greg. But this time, the analysis about why and…

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The lucky generation

The lucky generation

Michael, thank you again, and this is excellent timing for us here in Australia as our current neoliberal government under PM Tony Abbott last week released the latest Intergeneration Report. You might be surprised to know that one of the main messages that the report has been propagandised to promote is that the living standards…

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Tsipras: the reverse shock doctrine

Tsipras: the reverse shock doctrine

I think this helps to understand what SYRIZA is trying to do. It must continue to build its base in Greece and extend that beyond to other countries in a similar situation: suffering from the diktat of the Troika imposed neoliberal destruction of communities and societies. Their strategy appears to include NOT doing what the…

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