MINIMISE YOUR TAX: WIN PLAUDITS

MINIMISE YOUR TAX: WIN PLAUDITS

Lendlease Chair Michael Ullmer this year nabbed himself an Order of Australia for distinguished service to the performing and visual arts and to the finance and banking industry. His service to Australia’s tax coffers? Not so illustrious. Headlines about the Order of Australia this year were dominated by the worthiness of Tony Abbott and noted air transport aficionado Bronwyn Bishop, with the political Right throwing…

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THE SALARIES CASE: PSA THERE TO FIGHT

THE SALARIES CASE: PSA THERE TO FIGHT

The NSW Government thanks essential workers by denying them a pay rise. The Government’s predictable response to COVID-19 – to cut wages – was met with resistance from the PSA and other public sector unions. After weeks of platitudes about the essential work done by public servants throughout NSW, the State Government announced planned 2.5 per cent pay rises would not go ahead unless they…

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Full employment is a policy choice Scott Morrison must make

Full employment is a policy choice Scott Morrison must make

by William Mitchell Japan is the world’s first post-neoliberal economy. It has been a prime case study in Modern Monetary Theory for three decades. Let me explain. Like developed nations across the world, Japan drank the neoliberal Kool-Aid of the 1980s. In 1991, excessive private debt caused a massive commercial property collapse. The government’s response, thankfully, did not follow the neoliberal playbook. Instead, the Japanese…

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