The Treasurer’s “values-based capitalism” looks like it will include cuts to public spending, greater private investment, cuts to services and greater upfront costs, argues Graham Matthews.
inflation
Federal public servants will start enterprise bargaining from next May after receiving only small pay rises throughout the nine years of Coalition government. Stanley Blair reports.
Reserve Bank governor Philip Lowe apologised to those who took out home loans on the basis of his promise not to raise interest rates. But he had no apology for wage earners trying to make ends meet amid sharply rising prices. Peter Boyle reports.
The IMF has debunked the myth that heightened inflation means workers should accept below-inflation wage rises — real wage cuts. Neville Spencer reports.
Labor has done very little to reverse the Kennett-era health and education privatisation spree, the consequences of which have led to a overloaded health system and a crisis-ridden education system. Arie Huybregts reports.
Socialist Alliance supports the current inspiring uprising across Iran, led by young women. Jacob Andrewartha argues Australia can do more to help.
Members of the Australian Nursing Federation WA are set to start day-long work stoppages as part of their enterprise bargaining agreement negotiations with the state Labor government. Chris Jenkins reports.
For those of us forced to live with it, Labor’s first budget since 2013 is both a missed opportunity and a threat of worse things to come, argues Graham Matthews.
An inflationary tsunami is passing through the world economy, creating economic disorder — in some cases acute political crisis — in every country it touches, writes John Ross.
Under a new umbrella — Public Sector Alliance — government workers in Western Australia are determined to break WA Labor’s wages cap policy. Janet Parker reports.
Capitalism is in crisis and new Labor Treasurer Jim Chalmers has offered little by way of analysis and even less optimism, argues William Briggs.
Despite the Treasurer saying workers’ wages are not to blame for inflation, the government is not coming up with solutions to address wage stagnation, argues Jacob Andrewartha.
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