As the Government lavishes stimulus on home renovators, the pandemic has revealed Australia’s economy to be fragile, with an export profile more akin to a developing nation, and a huge trade deficit in high-end manufactures. “We have to start making things again,” writes Peter Roberts of our narrow manufacturing base.
Our bloated financial services industry is sucking the economy dry. It’s time to take action and rein it in, argues manufacturing and media networking specialist, Peter Roberts.
Super funds stand idle while overseas investors buy up and go global with Australian manufacturing. How many globally successful companies have now been lost to overseas control such as Moly-Cop, Aspro, Kiwi boot polish and Speedo? Australia's blinkered superannuation...
Manufacturing and media networking specialist, Peter Roberts, reports on the threat to Australia's economic future by the Coalition's failure to support innovation. In 2015, former Prime Minister Malcolm Turnbull welcomed us to the “ideas boom”, launching a National...
“A serious tax cheat” is how his biographer David Cay Johnston describes Donald Trump. Johnston reports on the New York Times investigation into the finances of the US president, revealing Trump has previously lost two income tax fraud trials.
Comparing the GDP numbers of New Zealand and Australia to try to make a point is a superficial comparison, writes Alan Austin. Treasurer Josh Frydenberg should also include employment and debt levels, exports and health outcomes, for starters.
Hefty cuts to JobSeeker and JobKeeper mean that Australia now faces a potentially more deadly epidemic than Covid-19. But it is largely avoidable, writes Michael Tanner.
Hard on the heels of its Westpac sting, Austrac is close to prosecuting Paypal for offences under the Anti-Money Laundering and Counter-Terrorism Financing laws. Michael West reports.
The Joint Strike Fighter has been plagued by problems since it was just a sketch on paper, when in 2002 John Howard jumped the gun and committed to buying them. But the F-35 still has its champions in Australia with some wanting to buy 200 to get ready for a war with China.