Eureka Street

Keywords: Tax

AUSTRALIA

The problem with CEO pay rises
- Joe Zabar
- 25 June 2024
2 Comments
For decades, unchecked corporate power and policy failures have driven up Australia's cost of living, leaving many Australians struggling. As corporate interests dominate, CEO pay increases dramatically while wages stagnate, and inflation rises. This influence of corporate Australia has eroded economic safeguards, dismantling the guardrails that once protected the common good.
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ECONOMICS

Waiting on the cash flow oracle
- David James
- 05 June 2024
Early every month Australians with big mortgages anxiously wait to find out if the Reserve Bank will raise interest rates and put more pressure on their domestic budgets. It is a bit like waiting for pronouncements from the modern day equivalent of the Delphic oracle.
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AUSTRALIA

Neither seen nor heard
- John Falzon
- 30 May 2024
1 Comment
In a signature essay published last year in The Monthly, Treasurer Chalmers staked out an ideological terrain he described as ‘values-based capitalism.’ The Budget 2024 is quite the big reveal on what those values include and who they exclude. In it, the people who have borne the brunt of inequality and precarity are neither seen nor heard.
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AUSTRALIA

The Punisher
- Barry Gittins
- 24 May 2024
1 Comment
In the latest Quarterly Essay profile of Peter Dutton, author Lech Blaine may well describe his work as character delineation, rather than character assassination. But we seem to be at an impasse in Australian market of ideas, and scorn gives greater bang for the buck than dialogue.
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AUSTRALIA

Budget balancing act fails working poor
- David Halliday
- 23 May 2024
2 Comments
In light of the gains made in lifting people out of poverty during the pandemic, it seems critics are justified in viewing this year’s budget with more than a little disappointment. I wonder, when it comes to the federal budget, who are we trying to serve?
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AUSTRALIA

Australia's dysfunctional housing quagmire
- Peter Mares
- 12 April 2024
1 Comment
The ABC’s recent Q+A housing special left many questions unasked and unanswered. Labor, Coalition and Green MPs all say they want more people to be able to buy their own homes. The most obvious way to achieve that would be to reduce the price of housing. Yet no politician will make that an explicit policy aim.
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ARTS AND CULTURE

The Dinner Guest
- Damian Balassone
- 09 April 2024
4 Comments
The rhetoric of elites / sets off his built-in shit detector. He much prefers to eat / with hookers, drunks and tax collectors.
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INTERNATIONAL

Americans look after each other because their government won't
- Sarah Klenbort
- 03 April 2024
4 Comments
Americans, facing high healthcare costs, frequently resort to crowdfunding for essential treatments, highlighting a reliance on volunteerism to fill government gaps. Meanwhile, Australians, benefiting from a higher tax-funded safety net, donate less to charity. So how do differing approaches to social welfare influence the spirit of community and generosity?
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AUSTRALIA

40 Days: Commonality
- Andrew Hamilton
- 13 March 2024
In the face of developments where the commons are intruded upon for private profit and economic efficiency, we need to treasure such unfashionable concepts as the commonwealth, the common good and the houses of commons – the places for deliberation and decision where what is in the common interest is given priority over the benefit of the few.
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ECONOMICS

The economy is in worse shape than you think
- David James
- 07 March 2024
4 Comments
The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.
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CARTOON

Shaving the fatcats
- Glen Le Lievre
- 20 February 2024
1 Comment
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AUSTRALIA

We need a real conversation about tax reform
- Joe Zabar
- 12 February 2024
1 Comment
Much of the discussion about tax reform is about the mechanisms of collection; around changes to things like negative gearing, stamp duty, land tax, capital gains tax, and superannuation. But what is missing is a statement of values about what we expect our tax system to fund.
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Keywords: Tax