As the people of Australia face acute shortages in health, public transport, housing and welfare, the federal and NSW governments will spend about $3 million to get Oprah Winfrey — the US talk-show host and billionaire — to visit Australia. Wait a minute, WHAT?
Winfrey will fly to Australia in December — with 300 members of her audience — to shoot several episodes of her talk show. It has been reported that the federal government will chip in $1.5 million to the trip; the NSW government with throw in a further $1-2 million.
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Figures released by the Australian Bureau of Statistics on August 30 revealed mining company profits rose 62.7% to $25 billion in just the three months to June 30. Hopefully, those who fell for the hard luck stories of the mining billionaires when they were howling and screaming about the new Resource Super Profits Tax (RSPT) proposed by the former Rudd Labor government are now realising they were suckered.
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The federal election result was a breakthrough for all who dream of being liberated from the Tweedle Dum and Tweedle Dee politics that has been foisted on Australia for many years. By denying the major parties a majority mandate, and by swinging strongly to the Greens, the possibility for a very political future has been opened up. Of course, there are many challenges ahead.
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Ker-ching! Its half-year profit time and those poor, tax-oppressed, big mining companies are announcing huge profit increases. Rio Tinto announced a half-year net profit of $6.39 billion, up 260% from the same period last year. And this huge profit came even after the company reduced its net debt by a whopping $27 billion to $12 billion.
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No one won the so-called Leaders’ Debate on July 27 — not even the “worms”. It was no debate at all, and showed that people and the environment will lose with either the ALP or the Coalition in government. Coalition leader Tony Abbott hasn’t convincingly shed his climate change denialism and his promise that Work Choices is “dead, buried and cremated” is even less credible. Prime Minister Julia Gillard presided over Work Choices-lite and shares with Abbott an irresponsible determination to avoid serious action on climate change. -
This election campaign is crazy. It’s crazy that so much fear is being whipped up about the few thousand of the world's 43 million refugees and displaced people who manage to get on a leaky boat to Australia. But neither mainstream party is willing to stop sending troops to the decade-long military occupation of Afghanistan. This war is largely responsible for 2.8 million Afghan refugees worldwide — the same war is opposed by most in Afghanistan and most citizens of the countries whose armies occupy it. -
Just days after the ALP replaced Kevin Rudd with Julia Gillard as PM, Rio Tinto boss Tom Albanese delivered a blunt warning to governments around the world, especially Third World governments, not to be tempted to go for what he called “resource nationalism”. “As you know, the original May proposal for a super tax caused a furious national debate in Australia”, Albanese told a gathering of mining executives and big investors at Lord's in London. -
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.”
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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.”
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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.”