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The superannuation industry inhabits a cosseted world in which the money pours in thanks to a combination of government compulsion and tax concessions. The foundations of this empire are criticised for how the tax concessions create an expensive form of upper class welfare, and for the harmful effect of compulsory super's artificial expansion of the finance sector. The Abbott Government shows scant concern about either aspect.
View this week's offering from Eureka Street's award winning political cartoonist.
During Abbott's forthcoming visit to Obama he will find a president not only willing to take strong action in relation to climate change, but doing so with the public support of the US Catholic bishops. This is not a situation he will find comfortable given that in the Australian context he has always previously been able to count on the support of Cardinal Pell to muddy the waters on climate change.
The Budget will be the first test. The negotiations will set the scene for the remainder of this parliamentary term. Palmer, an enigma, has already survived longer than many of his critics thought he would. In fact he has grown in confidence and reputation rather than falling in a heap. What the Greens have to guard against are some of the traps that the Democrats fell into. They look pretty disciplined at the moment but that can't be guaranteed.
There may be debate about whether the current Family Tax Benefit, Part B is adequate recognition of the economic and social value of domestic child care. But there is no doubt that the $5.75 per week proposed in the recent Budget would drive low paid families deeper into poverty. The side issue of whether Howard or Keating was the father of the threatened payments could impact on post-Budget strategies and positions in the Senate.
Talk about politicians' faith is a trivial indulgence that diverts attention from more important questions. To conclude that a politician is influenced by their faith or is unfaithful to it may give satisfaction to the person who makes the judgment, but it does nothing for those affected by unfair policies. Nor is this kind of judgment one that Christians may make if they wish to be consistent.
When Tony Abbott reintroduced knights and dames back in March, critics said it was a sign he was 'stuck in the 1950s'. Another characteristic of 1950s Australian society was the sectarianism that bitterly divided the nation along religious lines. There are echoes of this in last Tuesday's Federal Budget announcement that schools will lose the option of appointing non-religious welfare workers under the national school chaplaincy program.
The 2014 Federal Budget has created a new hierarchy of virtue in Australian society, with well off investors deemed to be good and the disadvantaged bad. It is not so much class war as a war between capital and the rest of society. Those wielding significant capital are useful, while those who can save little, and have little to invest, are considered a burden.
It took John Howard until his third term before he let his personal leanings completely off the leash. It led to his electoral demise. Abbott is doing much the same in his first term, over-reaching, thinking himself invulnerable to a political backlash. Whereas Machiavelli's prince could rule through force, Abbott must face an electorate whose trust in political promises has been completely eroded. Our political system will take a long time to recover.
181-192 out of 200 results.