Economy

The Australian Electoral Commission data from the declaration of donations to the major parties in 2013-14 was made public in early February. They show that a total of more than $278 million in speculative political capital was invested in the ALP, Liberals, Nationals, Palmer United Party (PUP) and the Greens.

This joint statement was issued by unions and campaign organisations on February 10. *** Australia’s universal health insurance scheme, Medicare, has ensured world-leading public health care is accessible for all, for over 30 years. The availability of bulk-billing has delivered a health system that is more cost-effective and equitable than in many comparable OECD countries.

What lessons can we learn from the recent victory of SYRIZA for building the anti austerity movement and a political alternative to neoliberalism here in Australia? Greens Senator Lee Rhiannon, in her recent article in New Matilda [see reprinted article on page 6], writes that the left in Australia should wake up and take notice of what is happening in Europe. I couldn’t agree more.

In the lead-up to the first global divestment day on February 14, the University of Sydney announced it will reduce the carbon footprint of its investments by 20% within three years by divesting from heavy polluters. But it has shied away from divesting from fossil fuels altogether. The decision follows a sustained student-led campaign, with support from Greenpeace, that has been urging the university to completely divest its investments in fossil fuels.

Sharlene Leroy-Dyer, the lead Socialist Alliance candidate for the Legislative Council in the upcoming March 28 NSW elections, released this statement on February 11. * * * The NSW and other state governments must share the blame for the latest shameful and outrageous results of the Closing The Gap Report tabled by PM Tony Abbott in federal parliament today.

Radical leftist party SYRIZA has swept to power in Greece promising to end austerity and threatening to spark an anti-austerity fightback across Europe. Green Left Weekly's European correspondent and Socialist Alliance member Dick Nichols, usually based in Barcelona, was in Athens for the historic win. He is speaking across the country about SYRIZA's challenge to austerity and elite rule.

A special commission of the two largest associations of Latin American nations, the Community of Latin American and Caribbean States (CELAC, which includes all of the Latin America and the Caribbean) and Union of South American Nations(UNASUR, which represents South American countries) met to discuss US attacks on Venezuelan democracy in a February 11 meeting. Held in Montevideo, Uruguay, to analyse the relationship between the United States and Venezuela as well as the situation inside Venezuela, the joint commission was convened at the request of Venezuelan President Nicolas Maduro.

As the excitement subsides on the Queensland election results, we need to take stock of what this means for the left in Australia. While the deep north of our country is a world away from Greece, there is a political trend here. But first let’s stay in Queensland. It was just three years ago that the then Bligh Labor government was thrown out suffering a 15.6% swing, one of the largest against a sitting state government in Australian political history. The Newman government lost with an 8.8% swing against it.

SCOTLAND AND WALES BAN FRACKING The National Assembly of Wales banned shale gas fracking in Wales on February 4. It follows an announcement on January 28 that the Scottish government will temporarily ban fracking until a public health assessment is completed. Early last year British Prime Minister David Cameron said his government was going "all out for shale".

A statement released by the Confederation of Revolutionary Trade Unions of Turkey (DISK) in Diyarbakir says the union has 12,000 members who have pledged their willingness to assist in the reconstruction of Kobanê following the offensive from ISIS which left much of the city in ruins.

In response the attempted blackmail by the European Central Bank (ECB) of Greece's new anti-austerity SYRIZA government in response to its bid to renegotiate its crippling debt and austerity programs, the Party of the European Left has called for mass demonstrations from February 11-17 in support of Greece. You can read about the latest developments in Greece's battle with the European elites here.

Tens of thousands of people took to the streets in Madrid on January 31 in a huge “March for Change” to support Spain's new anti-austerity party Podemos. The party has grown in support after the left-wing, anti-austerity SYRIZA party in Greece won last week's elections. This has brought hope that change could be in the air for other European countries whose debt is being used to justify austerity. On the demonstration, people chanted “yes we can” and “tic tac tic tac” ― suggesting the clock was ticking and time was running out for the political elite.