Economy

Five hundred Toronto-area supporters crowded into a west-end school auditorium March 29 to support the Leap Manifesto, for a “justice-based” energy transition to renewable economy.

Wal-Mart, Apple, Walt Disney, Goldman Sachs and Coca-Cola are just a few of the US corporate giants who have more than a trillion dollars hidden in offshore tax havens, according to a report released on April 14 by Oxfam. The report, titled Broken at the Top, reveals the 50 biggest US companies' dodgy tax practices, which includes owning more than 1600 subsidiaries in tax havens which have helped them stash US$1.3 trillion between 2008 and 2014. According to Oxfam, “This is more than the entire GDP of countries such as Spain, Mexico or Australia.”

The revelations from the Panama papers continue to reverberate around the world. While the Australian angle has so far been a bit anticlimactic, it did kick off a discussion about the banking sector and tax havens. Bill Shorten, in an uncharacteristic display of spinal-cord solidification, seized the initiative and announced that the Labor Party would conduct a Royal Commission into the banking industry if elected.

The Sherpa are a Nepalese ethnic minority who have a reverent regard for the world’s highest mountain, Chomolungma — known in English as Everest.

A wedge is being quickly driven through Pretoria's political elite. Among the victims of this power struggle are vast numbers of poor people. The poor are starting to bear the brunt of the diverse shakeouts in the ongoing confrontation now underway between the country's two most powerful 21st century politicians: President Jacob Zuma and his predecessor Thabo Mbeki. That battle began in 2005, when Mbeki sacked then-deputy president Zuma following a corruption conviction against a long-time Zuma associate.

On April 14 hundreds of disability workers rallied in Melbourne against the state government's proposal to privatise disability services. Privatisation will reduce service quality for people with a disability and make job security and wages and conditions less certain for disability workers. Before being elected, Premier Daniel Andrews promised he would not contract out public sector disability services.

As part of the Sydney Comedy Festival now under way, writers of satirical website The (un)Australian have put together a live show of political satire and sketches for May 3 — which also happens to be Budget night.

The Powerhouse Museum in inner-city Ultimo is a great place to take the kids for an educational and enlightening experience. The NSW Coalition government's plan to sell off the museum building to private developers and shift the collection to Parramatta in Western Sydney is facing growing opposition. Premier Mike Baird confirmed on April 11 the government's decision to shift the museum, to be constructed on the old David Jones car park site on the banks of the Parramatta River. Construction is due to begin in 2018 and finish by 2022.

"Let's take the big banks head on over their crimes and their attempts to cover up their massive financial rip-offs, and nationalise them under workers' and community control," Peter Boyle, Socialist Alliance candidate for the seat of Sydney in the upcoming federal election, said on April 14. Boyle was responding to reports the banks were considering a huge advertising blitz against plans by the Greens and the Labor Party to launch a Royal Commission into the banking and finance sectors.

As a sagging economy cruelled their electoral chances, right-wing parliamentarians and power-brokers in the South Australian Labor Party decided in late 2014 that it was time to ditch a once fiercely-defended point of policy. The party's remaining opposition to the nuclear fuel cycle would have to go. Labor Premier Jay Weatherill soon came on board, and by March last year the state's Nuclear Fuel Cycle Royal Commission was under way.

In all the official Anzac 100-year commemorations to remember and celebrate the undoubted courage of World War I diggers, there is an extraordinary amnesia about how ambivalent Australians were about that war. This ambivalence grew as mounting casualties affected families all over the country and the 1916 Irish Easter Uprising was brutally supressed.

The Mike Baird government's push for local government to roll over to its forced amalgamation push is looking decidedly shambolic. The NSW government wants to reduce 43 Sydney councils to 25 and 109 regional councils to 87. It has argued that efficiencies and savings will be made by doing so. But it is facing stiff opposition from progressive and conservative councils alike. Even federal Liberal and National MPs, worried about their seats, have urged Baird to back off.