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For politicians, there’s no bright future in pushing up petrol prices. Alcohol Gasoline/Flickr

Driving off a cliff? The politics of petrol and carbon-pricing

Politically, increasing petrol prices is one of the least popular things a government can do. But is there any point to a carbon tax if it doesn’t cover petrol? Vladimir Putin has just found how quickly…
Cast come fly with me.

Not all television viewers are created equal

On Monday evening it seemed that all television viewers were not created equal in the eyes of the Nine Network regional affiliate stations, WIN and NBN which deemed the first episode of British comedy…
Jobseekers are the true target of a government clawback on student deductions. AAP

Labor: taxing the rich or screwing students and the unemployed?

Under the cover of last week’s budget splash, the Federal Government has quietly changed tax laws which currently allow students and potentially jobseekers to claim a deduction for expenses against government…
Is the Euro facing a sovereign debt crisis - or a currency crisis? AAP

Europe must grapple with debt crisis now

The Euro, Europe’s adolescent single currency, is in rough waters. This week European finance chiefs signed off on a 78 billion Euro bail-out for Portugal, while calling for Greece to accept stringent…
Despite shortages, skilled migrants struggle to find work in their chosen field. AAP

Skilled migrants - from desirable to invisible

The Gillard government’s recent budget announcement again raises the issue of how much Australia relies on skilled migrants to backfill skills shortages at a time of economic growth. The shift in emphasis…
Did Freddie Mac and Fannie Mae lead the race to the bottom in mortgage quality?

Freddie Mac and Fannie Mae: guaranteed to fail?

The global financial crisis has occasioned a vast literature purporting to analyse the causes and consequences of the crisis. The crisis literature ranges from morality play narratives, insider accounts…
A single sentence conveys myriad meanings.

The Machiavellian genius of Abbott’s ‘honest politician’ jibe

“Only an election could make an honest politician of this Prime Minister. Only an election can give Australia a government with authority to make the tough decisions needed to build a stronger Australia…
Family not forgotten: Tony Abbott is congratulated following his budget reply.

Middle class welfare: terrific politics, but terrible economics

“We are animated by but one desire — to do that which is best for Australia, and fair, just, and equitable to all the states, and to all classes and sections of our community.” This quote comes from the…
Balanced response: Tony Abbott’s budget speech should be thoughtful, not just critical.

Same old cycle - explaining our budget attention deficit

There is a sublime moment in the first series of The Thick of It, the brilliant British comedy TV series that satirised the inner workings of modern government, where the Minister for Social Affairs and…
Woolworths’ Masters chain is set to challenge Bunnings’ market dominance. Flickr/beeep

Can Woolworths master the tools of Bunnings’ trade?

Woolworths has unveiled details of its plan to launch an assault on the $42 billion Australian hardware and home improvement market with its Masters store brand, raising the prospect of a new chapter in…
Microsoft’s US$8.5 billion purchase: investment folly, or money well spent? Lou Dematteis/EPA

Skype and Microsoft: a deal worth ringing home about?

So, Microsoft has announced it will buy Skype in a US$8.5 billion move that has left the technology and business worlds puzzled. Owners of Microsoft shares might be most puzzled of all, maybe even tearing…
Microsoft CEO Steve Ballmer, left, has big plans for Skype. Kimihiro Hoshino/AFP

A big call: what Microsoft wants from Skype

Microsoft’s US$8.5 billion Skype acquisition, announced yesterday, gives the US software developer a golden opportunity to expand its business via the internet, including accessing and leveraging the rapidly…
Does the budget lessen or deepen the male-female divide?

Tax, women and the Henry Review

The Budget: What does it have to do with tax reform? This year’s budget claims to “progress the government’s tax reform agenda, improving fairness and integrity in the tax system”. Does it? The short answer…
The government’s targeting of welfare marks a significant policy shift. AAP

How this budget put welfare to work

Apart from the reassuring signals to financial markets about the deficit reduction, the longer term significance of this year’s budget is about restructuring the relationship between welfare and work…