Resource Rents in the Eye of the Storm

Karl FitzgeraldCommentaryLeave a Comment

photo credit: versageek The might of the Australian mining industry is throwing everything it can at mainstream Australia at present. Can Joe 6 pack comprehend the difference between industry that is man-made ie car manufacturing, versus the mining industry, who are ripping up our valuable earth as if they scientifically produced the iron ore? Apparently, the Rudd Government is largely … Read More

Negative Gearing Too Risky? So Are Property Bubbles…

Karl FitzgeraldCommentary, Hot Issues5 Comments

The Rudd- Swan government’s flat denial of negative gearing reform proves that modern politics is incapable of dealing with the difficult questions. It was all too risky in an election year. The dreams of working families are set to play second fiddle to the propertied class for years to come. But yet the announced reforms are the most significant tax … Read More

Henry Review & Mining Magnates: Please Note ‘Commonwealth’

Karl FitzgeraldCommentary1 Comment

photo credit: s_mestdagh The gloves are off in the battle between the people and the mining magnates. Today Swan admitted the 40% Resource Super Profit tax is not set in stone. This was code for ‘come buy me a coffee and let’s see what we can do about it’. “We’ve outlined the design of the tax, we’ve said within the … Read More

WIL Surprisingly Accurate

Karl FitzgeraldCommentaryLeave a Comment

photo credit: NASA Goddard Photo and Video Tohm Curtis Week #5 – Diary of Eco Finance student Mid semester break rolls in and Group Assignments begin. Group assignments are one of those marketable nightmares that are the direct result of Work Integrated Learning (WIL). It is one of the many popular ways Higher Education tries to simulate employment to make … Read More