economy

Time to Draw the Line
Directed by Amanda King & Fabio Cavadini
2016, 58 minutes
Demand.Film

A new documentary examines the largely overlooked story of the dispute between Australia and its near neighbour – the new state of East Timor.

As economists debate whether this year will be economically better or worse for Australia, one thing is certain: we will all get screwed even more this year.

Last week, BusinessDay Scope economic survey for 2017 issued its survey of 27 leading economists from financial institutions, academia and consultancies.

Marta Harnecker is a Chilean-born socialist activist and intellectual. A former advisor to Venezuela’s late revolutionary president Hugo Chavez, she has written dozens of books on popular struggles and socialist theory.

The Women’s March Guiding Vision and Definition of Principles was released by the organisers of the Women’s March on Washington, which drew 500,000 people onto the streets.

I became aware that Centrelink were trying to pin a cooked-up “robo-debt” of $5558 on me through a text message from the aptly named Probe group debt collection agency.

There resources about how to dispute a Centrelink debt letter, including GetUp! which has a page that sends a bunch of letters to key places in one go. 

Cuts to the age pension, legislated in 2015, have begun. The main change is to the assets test taper rate.

For every additional $1000 in assets, pensioners now lose $78 a year (raised from $39). Previously, a homeowner couple with $1,178,000 in assets would have qualified for a part pension. This upper limit has dropped to $816,000. (These figures do not include the family home.)

New Year’s Day is usually a moment of peace in the chaos of Mexico City — but not this year. For Mexicans, 2017 began with nationwide protests against the government’s plans to deregulate petrol prices, a move opponents say will hurt everyone from the poor to middle class.

Since January 1, protests have only continued to spread, with almost daily demonstrations in nearly every large city. Major highways have also been blockaded by furious transport workers, who say they can’t keep up with rising prices at the bowser.

To most South Australians, Labor Premier Jay Weatherill’s plan for a vast outback dump to host imported high-level nuclear waste is dead, needing only a decent send-off.

Nevertheless, the Premier keeps trying to resurrect the scheme. Why?

President-elect Donald Trump announced on November 30 that former Goldman Sachs partner Steven Mnuchin — a man described as “the anti-populist from Hell” — is his pick for treasury secretary.

Chavistas march against right-wing attacks in September.

The government of Hugo Chavez, who was first elected in 1998, helped lead the Bolivarian revolutionary process that made impressive social gains by redistributing oil wealth and promoting participatory democracy.

Since Chavez’s death in 2013, the Bolivarian government led by President Nicolas Maduro has faced mounting problems. In recent times, a worsening economic crisis has undermined the revolution’s gains and, along with political gains by the counter-revolutionary opposition, has raised questions about the survival of the revolution.

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