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A banker calls it how it is… ONE of the nation’s most senior bankers has taken aim at the negative gearing used by millions of property owners, claiming the tax break was leading to an unhealthy focus on housing as a means to get rich, while pushing property prices to unaffordable levels. Phil Chronican also suggests Real estate [...]  This could be a post directed at the global warming denialist, you know the how it goes…carbon dioxide is just a gas, the science is questionable, humans have nothing to do with it and besides the planet isn’t warming anyway, yada yada. Not that there’s anything wrong healthy skepticism as such, it encourages good solid [...] So word of mouth recommendations and mobile applications are going to be the next big thing. Leaving aside obvious self interest here, you know Facebook, advertising revenue, mobile phones…join the dots, leaving that aside since we apparently can never discuss the motivation to make money because that’s both a given and completely natural, leaving aside the [...] BRW god bless it little socks really summed it up nicely The list does demonstrate the two-speed economy Contrary to the two speeds we often hear about in the context of the Aussie economy, the two speeds very evident if you compare the rich list gained a 23 per cent rise in wealth to $167.25 billion with the [...] ”There isn’t a car industry anywhere in the world that doesn’t rely on some degree of private-public partnership,” according to Holden’s PR spinner, Ms Perry. A private/public partnership eh? When Kev007 was the boss he committed the taxpayer to a $6.2 billion partnership. I remarked at the time that money could go a long way to [...] Is this good news? Apparently making money is something Goldman Sachs does best but “making money” is a term that suggests magic, wave a wand and bingo there’s money! Goldman Sachs and the like are the top of the food capitalist food chain. The money they “make” comes at the cost of greater inequity and perversely, [...] Today’s story by Michelle Grattan shows us another aspect of “new” Labor, getting everybody back to work particularly those bludgers on disability welfare. It is all the more disturbing that this message was delivered in person by Ms Gillard to the esteemed audience of the Sydney Institute. There are clearly two messages, one to be [...] Of course the Fukushima plant was designed by experts with earthquakes in mind but the prospect of a nuclear plant out of control and with no water is hardly likely to be scenario they envisaged. Over at The Reg comforting reassurance is in abundant supply but the issue is nonetheless fairly critical (no pun intended) [...] The government is doing the opposite, distorting energy markets and shielding decisions on use from rising prices. Given the doubts about government’s ability to manage an emissions scheme, here’s a simpler, more transparent solution. Scrap all the de facto subsidies for fossil fuels, slash the budget deficit by $12 billion a year and watch the [...] How does one get to be one of five most admired chief executive officers? In Mr Ian Smith’s case you head up a successful media campaign that stops government plans to impose an extra tax on the mining industry. Ian is now the chief executive officer of a goldmining company. The bald faced hypocrisy of the [...] |
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