Analysis

Following the resignation of former Goldman Sachs executive Gary Cohn as the Trump administration's Chief Economic Advisor, US President Donald Trump tweeted: “Will be making a decision soon on the appointment of new Chief Economic Advisor. Many people wanting the job — will choose wisely!”

I am sure he's right on at least the first part of that tweet. There will undoubtedly be a conga line of other corporate bloodsuckers eager to take the job.

I live about 10 minutes' drive from Morwell, a town that simply feels like decay. Unemployment is among the highest in Victoria, the stress of losing jobs or homes is fuelling a drug crisis and it seems as if things can only get worse.

It’s hard to walk down empty streets with boarded up shopfronts and not feel worried about Morwell’s future. Following news that Target in Mid Valley, Morwell's largest shopping centre, would close, that future is more uncertain than ever.

Iranian-Kurdish journalist and refugee Behrouz Boochani has been detained on Manus Island for almost five years. The theme of home in the Asylum Seeker Resource Centre’s campaign to Change the Policy was inspired by Behrouz, whose vision of home is “humanity”.

Tasmanian elections are decided by the Hare-Clark system, a method of proportional voting that means a party must secure close to half the total vote to win majority government.

It is a complex system in which a voter has a single transferable vote in one of the five electorates, each of which elect five members of parliament. The system often produces close results and minority governments. It also means seats are rarely decided on election night.

Last month Australia slipped further down the rankings in the international corruption index. Among a wide range of factors cited by Transparency International was Australia’s “inappropriate industry lobbying in large-scale projects such as mining”, as well as “revolving doors and a culture of mateship”.

Who would you rather vote for in a state election?

A candidate from a leafy-suburbs party that has not been able to quell its factional squabbling for long enough to win office since before the turn of the century? Or a know-nothing roped in a few weeks earlier to stand on behalf of a political opportunist, who bases his appeal on childish stunts?

Karl Fitzgerald, 3CR’s Renegade Economist, spoke to independent investigative journalist Michael West (Michaelwest.com.au) about Transurban and its control of Australia’s toll roads.

* * *

Let’s start with some numbers: traffic was up just 1.4% on Transurban toll roads over the past six months, but toll revenues were up 9.6% and the earnings before tax trickery by 11.6%. But its net profit was up a staggering 280% in just six months. What does that mean?

The fact that Barnaby Joyce has been forced to step down from the leadership of the Nationals is a good thing. Not so good was Prime Minister Malcolm Turnbull's reframing of the former deputy PM's wrongdoings in terms of a paternalistic, sexual moralism.

Rather than address Joyce’s abuse of parliamentary privilege to ensure his partner maintained her well-paid media advisor job and questions over Joyce’s expenditure claims for travel and accommodation, Turnbull decided to play the moral card.

Hundreds of refugee families defied a protest ban in the Indonesian city of Makassar on Sulawesi on February 21.

They marched from their refugee accommodation to the office of the United Nations High Commissioner for Refugees (UNHCR) with banners and placards that read “No one is illegal” “Is there any UNHCR?”. A young girl held up a placard, almost as tall as her, that read “We are forgotten”.

A damning new investigative report has detailed the dark culture of degrading misogynistic harassment, sexual violence and the dangerous, disgusting hazing rituals that take place behind the sandstone walls of the most prestigious of Sydney’s residential colleges.

Investigators reviewed almost 90 years of newspaper reporting on University of Sydney college scandals. The report found evidence that current traditions date back several decades.

Pages

Subscribe to Analysis