Nationalisation

Regardless of which major party, or coalition of parties, forms government after the July 2 election one thing we can be certain of is that the struggle for a people's movement will still be as necessary as ever, writes Ken Canning.

Ford's announcement that it will close its last vehicle manufacturing plants in Australia - in Geelong and Broadmeadows - destroying the jobs of 1,200, is "totally despicable", said Sue Bull, the Socialist Alliance candidate for Corio.

When the Greek people voted “no” to creditor demands by 61.5%, the ECB tightened the screws even more. It is clear the Troika wants total surrender — to hammer home the message that “there is no alternative”. In reality, the only fair way out of the crisis is to write off the debt that is not just unpayable — as even the IMF admits behind closed doors — but illegitimate.

Reporting on the release of the mid-year budget update in the Canberra Times on October 22, Peter Martin wrote that “Tax collections from both wages and the GST are running ahead of projections. Dramatically lower company tax collections account for most of the $21 billion write-down.”

Socialist Alliance is calling on all Labor and crossbench MPs in the Senate to join with the Greens to vote down the TPP.

Australia has escaped recession for more than two decades, despite the impact of the Asian and global financial crises on the world's economies.

The most striking lesson to take home from the recent UK election is that left wing ideas can win popular support in an advanced capitalist country today. They said Socialism was dead but veteran socialist Corbyn is proving them wrong.

The Socialist Alliance is using the federal election to popularise the idea that we need bring mines, banks and power companies into democratic public ownership. Here are five reasons why this is a good idea.

The rich get richer and the poor get poorer, yet both the Abbott government and the so-called opposition try to place the blame for falling living standards on refugees, Aboriginal people, welfare recipients and the poor and marginalised.

The mining industry in Australia has boomed from about 4% of GDP in 2004 to about 9% today. Mining exports in the year to March last year were worth $155 billion, or 53% of Australia's total exports.

Not a week, nor even a day, goes by without a new outrage from the Tony Abbott government. One recent outrage was when Abbott declared that Australia was “unsettled” before the British invasion — taking us back to the days of terra nullius.

After Commissioner Kenneth Hayne released the banking royal commission’s interim report in September, many of the headlines and takeaway quotes focused on its claim that banks “put profits before people”.

However, any socialist, and probably most people, responded to this by saying: “No shit, Sherlock!”