'Taxed-nots': Treasurer's attack on the old
There are not quite so many lazy loafers as the Treasurer would have you believe. The people who really clean up are the retired.
Ross Gittins is economics editor of the SMH and an economic columnist for The Age. His books include Gittins' Guide to Economics, Gittinomics and The Happy Economist.
There are not quite so many lazy loafers as the Treasurer would have you believe. The people who really clean up are the retired.
What kind of Australia do we want our children and grandchildren to inherit? One with rundown and inadequate public facilities? If we continue letting our politicians demonise public debt, that's the world we'll be leaving for our descendants.
I have disturbing news. The big business people of Australia are feeling quite upset about the recent federal election.
Sorry if I sound wide-eyed, but I was mightily impressed when I visited China as a guest of the Australia-China Relations Institute. Those guys are going places.
The plain fact is that the mainstream politicians have forfeited our trust and lost our respect.
The success of Labor's Mediscare in this election is worrying - but not for the reason you may imagine.
I get criticised by rusted-on supporters of both sides of politics when I say this, but that doesn't stop it being true: there are differences between the two sides' policies, but they're not as great as they want us to believe (and their supporters do believe).
Most of us have highly stereotypical, caricatured views of the parties' respective strengths and weaknesses.
Does the Coalition really want its generous mates to "pay their fair share of tax"? Be sceptical. I am.
The government has taken brave steps to clean up a mess it created years ago but in terms of fairness it falls short.
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