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Defence is a costly business, and few branches of defence are more costly, and questionable, than a country’s submarine capability. Since 2009, Project SEA 1000, the name for Australia’s Future Submarine program, has fascinated strategists and defence planners. In 2016, this resulted in an agreement with the French submarine company DCNS (now called Naval Group) to build an un-designed attack class vessel. Other contenders in the competitive tender — Germany and Japan, for instance — had existing models.
In July, Anthony Albanese announced a significant change of stance on Labor tax policy which was disappointing, if not surprising. An elected Labor government, Albanese promised, would keep the coming high income tax cuts he previously opposed. This decision to not oppose the government proposal to restructure the income tax system through reduced marginal rates is supporting a government policy that will lead to a significant redistribution of wealth towards high income earners.
I believe in the rule of law and I appreciate that the proper application of the law does not always produce a fair or popular result. I also believe that Australia's refugee policy is too harsh and deeply flawed. However, that policy is bipartisan and appears to be inexplicably popular. The same 'fortress Australia' mentality is evident in our efforts to contain Covid-19.
Last Wednesday, the Senate Standing Committee for the Scrutiny of Delegated Legislation chaired by the Government’s Senator Concetta Fierravanti-Wells tabled a report highlighting problems with a proposed new regulation affecting charities.
The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.
The question being asked, however, is one that puts the cart before the horse. The question of ‘What do you want to see in the national curriculum?’ presupposes the answer to another question: What even is the purpose of schooling?
We are all beholden to our story of origin and the systemic realities we are born into. Regardless, now and historically, politicians, preachers and pundits sporadically look to reintroduce the discredited dichotomy between the ‘deserving poor and the undeserving poor’. The embodiment of that second label, historically, has been the Jobseeker (Newstart) recipient.
In Victoria the latest lockdown has prompted fresh questioning of the business-as-before approach to life after COVID-19. In particular it urges renewed reflection on the connection between the remuneration of work and its importance to society.
The fact is that money still buys a better service from the legal system, and to claim otherwise is to throw out the most basic principles of an economy. After all, if there were no benefit to be gained from backing up a truck full of money and tipping 30 or 40 grand a day into a team of silks, junior barristers and top tier solicitors, why would those with the means do it? To argue the contrary beggars belief. And if the observation is accepted, what does that tell us about the rule of law?
At this point, the media cycle is mostly internal, and while the media is talking to itself, Scott Morrison is talking to a rapidly growing base with significant resources. The devil isn’t in the headline here, the devil is in the detail, in the appeal itself.
In a recent speech to business leaders, Prime Minister Morrison made the remarkable claim that ‘we are going to meet our [climate change] ambitions with the smartest minds, the best technology and the animal spirits of capitalism.’ This is straight from the neoliberal playbook, the doxa that the role of government is to get out of the way to make room for those animal spirits so as to pander to the fantasies of the wealthy few.
The debate about the future of work, and therefore UBI, was hijacked by a reductive media narrative around ‘the robot question’ and this has made it hard to recognise the complex nature of the changes underway.
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