Tag Archives: wayne swan

Does the 2013 Federal Budget help the economy?

As presumed by most political commentators, the 2013 Federal Budget is likely to be Treasurer Wayne Swan’s sixth and last. It is also a political budget, more-so than an economic one.  While Prime Minister Gillard is looking to leave some sort of legacy, in particular through the National Disability Scheme (NDIS), the real questions raised by the budget are: how will the Coalition respond and do the numbers really mean anything? When you sift through the spin and the positive projections there Read more [...]

Get over obsession with tax, miners say

Miners have had enough of federal parliament's obsession with taxing the industry, saying the objective now should be to make mining more internationally competitive. The Australian Greens put forward a bill on Monday in an attempt to close a loophole in the controversial mining tax that would stop the commonwealth having to reimburse miners for any increases in state royalties. But Minerals Council of Australia chief executive officer Mitch Hooke says fully crediting royalties was a key feature Read more [...]

Is Labor now a political joke?

Thursday, 21st March witnessed a comedy of errors that just turned out to be much ado about nothing. However, the Labor Party did manage to taint its reputation even further. Read more [...]

Libs blame jobs data on surplus backflip

Federal Opposition leader Tony Abbott has tried to link Labor's backflip on its promise to return the budget to surplus to a weak employment report. Mr Abbott was responding to official labour force figures, released by the Australian Bureau of Statistics on Thursday, that showed the jobless rate rising to 5.4 per cent in December after the number of people in employment fell by 5500. It was no wonder jobs growth was weak "when you've got a government which simply cannot deliver when it comes Read more [...]

UN seat a pyrrhic victory

“Only $24 million... quite a modest amount”, so sayeth the man who keeps his used chewing gum in his coat pocket, Bob Carr. Perhaps Carr in his schoolboy excitement could explain the value of this UN nonsense to struggling Aussie families. This is not a great day for Australia, it’s a great day for the Left. The mainstream media dutifully echoes the "modest" $24 million cost that Gillard espouses but it’s a very hollow echo. And Julia Gillard bathes in the adulation of Canberra Read more [...]

Is there some hard truth in Romney’s comments?

Is there some hard truth in what Mitt Romney had to say about 47% of Americans? If so, then why is the truth so unpopular? At a recent closed door function, US presidential candidate Mitt Romney said: "They will vote for the President (Obama) no matter what. All right, there are 47 per cent who are with him, who are dependent upon Government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to healthcare, Read more [...]

The Future Prosperity Of Our Nation Is In Grave Danger When The Dangerous Socialist Rhetoric Of Our Treasurer, Mr Swan, Is Allowed To Influence Public Opinion

Below is an article published on Business Spectator where, instead of apologising for his attacks on mining billionaires and inciting politics of envy, Swan is now trying even harder to manipulate the less well off and cling to the power he so desperately craves, using deceptive political spin. Like somehow he thinks people aren't allowed to oppose his government’s flawed policies, so he’s trying to change the media laws to prevent the likes of Rinehart having her say via Fairfax. He prefers Read more [...]

Treasurer Swan And Our Government Are An Economic Joke Attempting To Deceive The Public Yet Again

That the economy is doing well with GDP figures at 1.3% for the last quarter solely because of their good economic management is a ludicrous claim by Treasurer Swan and Prime Minister Gillard. Here is a Government that’s done everything possible to destroy, interfere with, and sabotage our economic success; along with their Union friends doing their best to stop our mines being built by trying to prevent workers helping build them. With mining tax, carbon tax, an expensive NBN (that most Read more [...]

Should You Listen to Gina Rinehart or Wayne Swan?

Gina Rinehart’s comments about Australian workers have certainly caused a stir. However those who criticise her comments by taking them out of context still fail to provide a valid argument against her statement. Rinehart wrote: “Those that envy the wealthy or whinge about not having enough money should perhaps work harder and spend less time drinking and socialising.” In the right context, her comments are valid. She was referring to those ‘whinging’ Australians, not all Read more [...]

What if Australia’s millionaires and billionaires went on strike?

I'm sure I'm not the only one fed up with Federal Treasurer Wayne Swan’s attacks on our country’s entrepreneurs; his attempt at creating politics of envy is a desperate attempt to attract the average Australian’s vote. Politics of envy is a dangerous game to play. The stark reality in Australia is that the country’s business leaders create higher standards of living … for everyone. Accusing those business leaders of ignoring middle and lower income earners and then inciting anger Read more [...]

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