Economy and Taxation

The fall in the number of new confirmed COVID-19 cases over the last few days has been received by most people with cautious relief. The official advice of federal and state governments remains to maintain the social distancing and to stay at home.

But the capitalist class is looking at things very differently. It is growing impatient for capitalist exploitation to return to “normal” and they are preparing us to accept the cost in lives.

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.

Democratise the media, democratise big tech

The Facebook ban on Australian media sites is a demonstration of the power of the tech giants and a compelling illustration of why they need to be brought under democratic control.

The wages share of national income has fallen to below 50% for the first time since 1959

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.

There is a big lie at the heart of Frydenberg’s budget speech. The rich don’t need more public largesse; if they wanted to create more jobs they already have more than enough money to do this.

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.

Albanese rushed to support the Coalition’s plan to give billions in more tax-cuts-and-subsidies for its business mates — to be funded by a historic increase in public debt to nearly $1 trillion.

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.

The passing of the Greens-initiated motion for a Green New Deal (GND) in Victoria in the Legislative Council on November 11 is a significant step forward.

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.

Today, Australia has aligned itself with the US in its trade war with China.

Australian government hostility to China is about an imperialist alliance with the United States and not in the interests of Australian workers.