Keywords: Superannuation System
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EDUCATION
- Dennis McIntosh
- 22 November 2016
24 Comments
I wondered why my daughter was able to get an education with a brain injury and I couldn't get one with a normal brain? So I decided to copy what we had done with her. In short, I started reading again and started patterning sentences. Do I care about Direct Instruction, or Noel Pearson and the Cape York Academy? No. I care about seeing children find the joy in learning and embracing with courage and confidence the opportunities an education can provide.
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AUSTRALIA
- Rod Grant
- 18 November 2016
18 Comments
Having a sense of something as right or wrong, good or bad, is the essence of humanity. We get it from home, from education, religion, friends, the media. It's the sniff test or the pub test or the gut feeling or the Bible or Quran or Torah. We all have it. And just as people have a sense of right and wrong, we also have a very good humbug detector, and it's clanging loudly when politicians unctuously claim all their 'stop the boats' strategies are driven by desire to prevent drownings at sea.
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ENVIRONMENT
- Thea Ormerod
- 09 September 2016
10 Comments
With the grip of climate change tightening, few seem to understand the urgency of the crisis. This is why the announcement of over 3500 churches in the UK switching to clean power is so significant. At last, a solution presented by religious communities that matches the scale of the problem. They are providing the kind of leadership for the needed transition to an ecologically sustainable future. Unfortunately, one reason why it is so exciting is that we're nowhere near this in Australia.
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AUSTRALIA
- John Warhurst
- 28 October 2015
7 Comments
There are two broader implications arising from Joe Hockey's valedictory speech. The first is that his failure to reflect on the weaknesses of the Abbott government may be widely shared by his Coalition colleagues. They still don't understand the causes of the predicament they have made for themselves. The second is that if Malcolm Turnbull accepts Hockey's diagnosis then his government will be largely about better communication and more effective politics rather than refurbished policies.
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ECONOMICS
There has been great pressure on both of the major political parties to stop giving so-called rich retirees partial pension income. The conventional view has become that retired millionaires should not be feeding off the public teat. But in terms of income, many of those 'rich retirees' would actually be better off on the pension.
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AUSTRALIA
- Michael Mullins
- 25 May 2015
1 Comment
Tony Abbott has warned voters that Bill Shorten has his eye on their retirement savings. He once praised the Nationals' Barnaby Joyce as a 'uniquely gifted retail politician'. But more attention to wholesaling - i.e. policy resources - would help to get both pensions and super concessions on to a more sustainable footing.
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AUSTRALIA
- Brian Toohey
- 27 March 2015
6 Comments
Although the age pension will cost about $49 billion in 2017-18, it is means tested. In contrast, superannuation concessions are heavily biased in favour of high income earners. Both sides of politics pander to the wealthy and the cosseted finance sector, which want certainty that nothing will stand in the way of their super bonanza.
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AUSTRALIA
- Catherine Marshall
- 06 February 2015
18 Comments
The rewards of parenthood are immeasurable. But the price that women pay when they become mothers is unjust. This includes lost opportunities, gender wage gaps, and sparse superannuation savings. They really need an efficient and fair maternity leave scheme to support them as they transition from worker to working mother. Tony Abbott's 'signature' policy is now gone, and the 'replacement' families package has a big gap to fill.
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AUSTRALIA
- Kate Galloway
- 11 September 2014
14 Comments
Despite historical gains for women in terms of formal equality, structural issues - wage gap, superannuation gap, childcare, unpaid caring, inequitable income distribution - have not gone away. I do not see why my older women friends should be burdened with accumulated poverty simply because they are women. They carry a material burden because their unpaid work was considered to be performed 'for love', undeserving of financial security.
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ECONOMICS
As the Pope and economist Thomas Pikkety have observed in recent times, the inequity created by capitalism is a growing concern. But the problem with this argument is that 'capitalism' is too broad a term. The attack would be far better directed against the financialisation of developed economies. A new type of sovereign has emerged, and like all rulers they are cheerfully engaging in acts of plunder.
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ECONOMICS
- Brian Toohey
- 11 June 2014
15 Comments
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.
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ECONOMICS
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.
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