Green Left Fighting Fund

Twitter, for the few who may not know, is a social networking internet service that enables its users to send and read other users' messages (tweets) of up to 140 characters. Increasingly, politicians are using Twitter as part of their (managed) media work. Shortly after becoming prime minister, Julia Gillard joined the Twitterverse. “1.54PM Jul 4: I’ve decided it’s time to take the Twitter plunge! Hopefully I’ll master it. JG.” By her second Tweet, she (or perhaps a specially assigned member of her staff) was behaving like a seasoned Tweeting politician.

The number of “High Net Worth Individuals” (HNWIs) in Australia — those with more than US$1 million in investable assets, excluding the family home — soared to 173,600 last year. This, according to the latest World Wealth Report, was an increase of 34.4% on the year before. The June 30 Sunshine Coast Daily said: “What's more impressive is Australia's ranking in the global population of HNWIs. Out of 71 countries, Australia has the 10th biggest population of HNWIs in the world, in front of Brazil and just behind that millionaire's paradise of Switzerland.”

Newly installed Prime Minister Julia Gillard has offered a truce and fresh negotiations with the mining industry over the government's proposed Resources Super Profits Tax (RSPT). Watching the industry's advertising campaign, you'd think the RSPT spelt the end of civilisation as we know it. According to one BHP Billiton ad, the RSPT will mean “fewer projects, jobs and opportunities for our future generations”. The ad's title, above an all-Australian image of young blokes playing footy, reads: “Australia loves to compete, but the Super Tax could take us out of the game.”

According to a recent study by the United States Geological Survey, Afghanistan has nearly one trillion dollars in mineral deposits. The study claimed to have found previously unknown reserves of lithium, gold, cobalt and other minerals. According to the New York Times: “An internal Pentagon memo … states that Afghanistan could become the ‘Saudi Arabia of lithium’, a key raw material in the manufacture of batteries for laptops and BlackBerrys.”

The obscenely wealthy have been celebrated again with the release of Business Review Weekly’s annual Rich 200 list. Sitting in top spot is Westfield Group chairperson Frank Lowy, whose personal fortune is estimated to be $5.04 billion. That's about 17,000 times our 2010 fighting fund target here at Green Left Weekly.

When voters celebrated the end of the John Howard years, many hoped the Rudd Labor government would usher in a new day of social inclusion, justice and fairness. The 2010/11 budget, delivered by treasurer Wayne Swan on May 11, dashes these hopes and shows the need to build a pro-people alternative to both Howard's Liberals and Rudd's Labor. Before the budget release, the Australian Council of Social Services (ACOSS) urged the government to increase payments to the more than 600,000 Australians currently unemployed.

Green Left Weekly — Australia’s leading non-corporate newspaper — has an ambitious target to raise $300,000 for it’s fighting fund this year. This is the amount needed to ensure we can cover all the costs associated with research, production and distribution. It’s no small thing to produce such a quality publication.

Much of the public discussion on Prime Minister Kevin Rudd’s proposed tax reforms — made in response to the Henry tax review — has centred on the projected 40% tax on “super-profits” in the mining industry. Most people probably agree that the big mining multinationals could afford to contribute a lot more to the public purse.

Green Left Weekly stands for putting people before profit. That includes rejecting the idea that anything that people need or enjoy should be subordinate to the drive for profit, be it health care, public transport or indeed sport. But unfortunately sport under capitalism is increasingly driven by the dollar, not people's enjoyment or community participation.

According to new research, Australia's richest 1% of taxpayers — those earning more than $197,000 — accounted for 9.8% of total income in 2007-08, up from 8.8% in 2002-03.

A recent investigation has found that nearly 55% of stories in the mainstream media are driven by public relations, or corporate spin. Spinning the Media was a joint investigation by Crikey.com and the Australian Centre for Independent Journalism, headed by Wendy Bacon, based at the University of Technology, Sydney (UTS).

What would be the cost of eradicating poverty in this country? What would be the cost of solving homelessness or unemployment? Could Australia afford to provide universal, free healthcare and education? Is there enough material wealth here to move to a safe, low-carbon economy?