Economy and Taxation

Australia: Climate pariah

The lesson from the G20 and COP26 is that it is not enough to just change an extreme climate foot dragging government for a seemingly climate friendly, big talking, but small action capitalist alternative.

Climate protest Canberra, September 2018.

That the federal Coalition government cannot even promise a target by 2050 — which is pretty meaningless given the climate emergency requires dramatic carbon draw down in the next few years — reveals it is still trying to avoid doing anything.

No cuts to diaster payments

Socialist Alliance candidate, Sue Bolton, has condemned the Federal Government's announcement to phase out the COVID-19 Disaster Payment once 70% and 80% vaccination targets are reached.

Labor’s capitulation on tax is an attack on us all

Labor seems more determined than ever to promise little, hoping the next election will land in its lap without offering any meaningful change.

Our lives are worth more than their profits

As Australia’s billionaires increased their wealth by 34% since the start of the COVID-19 pandemic, while the wages share of national income dropped to a historic low, a billionaire tax is a modest proposal!

A budget for billionaire climate criminals

The federal government delivered another budget for the billionaire class that runs Australia and is hell-bent on putting their profits ahead of the climate emergency.

Graph: Paul Oboohov based on Australian Bureau of Statistics data.

The squeeze on workers far predates the COVID-19 pandemic. In today’s dollars more than $4 trillion has shifted from workers’ pockets to corporate profits.

The Sirius Building in Sydney was built by the Housing Commission of New South Wales in 1978–1979.

The property-owning class has come out of the pandemic richer and more determined to use their wealth to get even wealthier. Typically, they are demanding measures that will only make housing prices more unaffordable to most.

The Labor party’s stage-managed policy conference was a clear demonstration that leader Anthony Albanese plans to continue the party’s “small target” strategy, offering working people very little in a pandemic recession and climate emergency.

The end of the JobKeeper program on March 28 means that up to 500,000 jobs are at risk, according to Small Business Australia (SBA). Government estimates are that 150,000 jobs could go.

Some of the policies we are proposing that no other party is actively campaigning on include: land rights; net zero emissions within 10 years, bringing strategic monopolised sectors of the economy into democratic public ownership, restricting residential rent increases to the consumer price index, 30,000 new public housing dwellings in four years and; sustainable transport solutions as a better alternative to both Roe 8 and building an Outer Harbour.

Facebook’s “Zucker” punch on February 18, disabling large sections of Facebook in protest at the federal government’s News Media Bargaining Code (NMBC), which led to amendments and the bill becoming law on February 25, reveals the enormous power of the media corporations.

It also shows how far we are from public interest journalism.

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