Economy

With 44 seats (to the LNPs 42) and the support of Independent Peter Wellington, the ALP leader Annastacia Palaszczuk was sworn in as Premier on February 14. The full Cabinet of 14 (including 8 women) was sworn in on February 16. The ALP minority government represents a number of firsts for Queensland: first cabinet with a majority of women ministers; first female team of Premier and Deputy Premier (Jacki Trad); and first woman indigenous cabinet minister Leeanne Enoch. It is assumed that the axing of asset sales will be the first item on the new government’s to-do list.

NSW premier Bruce Baird was confronted by 200 TAFE students, teachers and supporters when he visited Newcastle’s Hamilton TAFE campus on February 16. His visit was to inaugurate the offices of the Hunter Business Chamber, which have been relocated to Hamilton TAFE. Significantly, the old TAFE signage out the front of the campus has been replaced with a sign that reads “Australian Business Apprenticeship Centre”.

The largest US refinery workers strike since 1980 entered its third week, TeleSUR English said on February 18, with union and oil company representatives set to renew face-to-face talks over pay and safety after a week-long hiatus. The article said: “The United Steelworkers Union (USW) is seeking a three-year, industry-wide pact that would protect 30,000 workers at 63 U.S. refineries, covering up to two-thirds of the country's domestic oil producing capacity.

The pledge below was published on the website of the Australia-Greece Solidarity Campaign, which says: “Let Greece Breathe is a campaign for hope and justice. We aim to show that Greece and the Greek people are not alone in their hour of need. “A victory for Greece will be a victory for people everywhere -- that is why the battle is so fierce. You can help by endorsing the statement and pledge below.” ***

After days of fraught negotiations, a temporary agreement was finally reached on February 20 between the Greek government and its Eurozone creditors to extend Greece's loan agreement. It came a day after the German government scuttled a Greece proposal for a six-month extension to its loans program, which was set to run out at the end of the month.

At the G20 meeting held in Brisbane last December, Treasurer Joe Hockey unveiled his blueprint for the Australian economy. It came in the form of a document grandiosely titled The Comprehensive Growth Strategy. This was Australia’s contribution to the G20’s strategy to raise their overall economic output by 2% over the next five years. So it must have come as a surprise to cigar-smoking Joe that when the IMF and OECD looked at the fine print of his document and reached for the abacus they concluded that it would, if implemented, add only 1.2% to economic output.

Independent journalist and filmmaker John Pilger was interviewed Michael Albert on the determination of the US and its allies to overthrow Venezuela's elected government and destroy the Bolivarian revolution begun by late president Hugo Chavez.

The statement below was released on February 17 by socialist groups in the Asia-Pacific region in response to a new coup attempt, including planned assassinations and bombings, by the US-backed right-wing opposition against Venezuela's socialist government of President Nicolas Maduro. *** We, the undersigned organisations, strongly condemn the recent coup attempt that sought to overthrow the democratically elected government of Venezuela in order to reverse the achievements of the socialist Bolivarian process.

"Let Greece Breathe" was the theme of a rally called by the Australia-Greece Solidarity Campaign (AGSC) at Sydney Town Hall here on February 16. Several hundred people gathered to express their support for the new SYRIZA-led Greek government and the right of the people of Greece to end austerity and challenge the dictatorship of the European banks and central authority.

Thousands of people hit the streets of Europe in solidarity with the Greek people and their newly-elected left-wing government, which is looking to undo years of imposed economic austerity programs. “Let Greece breathe” has become the rallying cry for those who want Greece’s new Syriza’s government to have a chance to tread a new path for Europe. Demonstrations in cities across Britain, France, Spain and elsewhere stood in solidarity with massive crowds in Greece to express support for the Syriza government led by new Prime Minister Alexis Tsipras.

Talks between Eurozone finance ministers and Greek officials abruptly broke down on February 16 after Greece was offered a deal that it said was “unacceptable”. Both sides ended debt-restructuring negotiations in Brussels, creating pessimism that a deal will be reached before a February 28 deadline. A draft agreement offered by the eurozone proposed that Greece accept a six-month extension of its bailout under existing bailout conditions.

A series of coordinated early morning police raids in south-west Dublin have seen at least seventeen people – including several left-wing politicians – arrested for attending a peaceful rally against water charges last November, amid claims of “political policing” and intimidation. Shortly before 7am on Monday February 9, six police arrested Anti-Austerity Alliance TD and Socialist Party member Paul Murphy at his home while he was still in his pyjamas, having breakfast with his children.