Economy

Much is made in the media of Venezuela’s deep economic crisis. But why does Venezuela have the world’s highest inflation rate and what impacts have the sanctions really had on the country? Green Left Weekly’s Federico Fuentes spoke to Venezuelan economist Pascualina Curcio, from the Simón Bolívar University, to find out more.

The Coalition’s budget has ensured that its neoliberal agenda remains in intact. It has deepened cuts to social spending while given tax breaks to high income earners and greedy corporations.

The Christchurch massacre has prompted many to reflect on the times we live in.

Satellite imaging analysis released for the first time on March 13 shows much greater ground settlement and potential property damage from WestConnex tunnelling than predicted by the NSW Coalition government and the environmental impacts statements for the project.

Nearly ten thousand public servants have been fired in Ecuador following President Lenin Moreno's agreement with the International Monetary Fund.

“NSW not for sale!” was one of the chants at a Fix NSW rally on March 3, 20 days out from the state election. It expressed a common element in NSW government projects that have sparked resistance from numerous communities and trade unions.

In 2013, then-Prime Minister Tony Abbott launched a “war on red tape and green tape”, which he claimed was “suffocating” Australian businesses. The Coalition government even announced a special cutting of red tape day.

No doubt Abbott was able to point to some idiotic and bureaucratic regulations to win public support for cutting so-called red tape that was actually protecting the public or the environment, to allow the corporate rich to pillage and plunder.

The South Brisbane Greens held a forum on "Communal Luxury: how to create a future for all of us" on February 28.

Speakers included Greens' Griffith candidate Max Chandler-Mather, Natalie Osborne from Griffith University and Gabba ward Councillor Jonathan Sri.

According to Muffin Break general manager Natalie Brennan, “entitled Millennials” are not prepared to work without pay to gain experience.

Her comments rightly sparked a backlash from trade unions and on social media, where the company was subject to ridicule.

Unfortunately, this is barely the tip of the iceberg when it comes to employers trying to rip off young workers.

John Passant takes a look at franking credits and explains what all the fuss is about.

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