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.
"While ALP politicians are fleeing in terror from factional and media accusations about using ‘class war rhetoric’, the reality is that there is an ongoing class war that is about to be dramatically escalated if Abbott wins the September 14 elections", said Peter Boyle.
Where to start with an analysis of the mining boom in Australia? Perhaps ironically, with the Independent Commission Against Corruption.
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.
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.”