The Liberal Party of Western Australia are misusing the West Australian government’s budget in many ways. I only want to focus on 3 of them for now.
- Solar Cuts – Solar feed-in rebate to be slashed in half, despite 10 year contracts.
- Paid Parking – Free parking at train stations to be abolished as of July 1, 2014.
- Wasteful Spending – $20bn+ on Elizabeth Quay and $1bn+ on sports stadium.
One of the most controversial decision in the August 8 state budget are the “Solar Cuts” (see #SolarCuts). These will see the solar energy feed-in tariff literally halved, despite electricity prices having risen by more than 70% in recent years.
Existing customers currently receive 40c per unit sold, this will be reduced to 20c.
Continue reading Solar Cuts, Paid Parking and the Liberal Party’s budget
Today I read an article by Timothy McDonald about debate around proposals to teach basic economics to primary school students in years five and six.
I was intrigued by the article, as I have been self-educating in the field of Economics and am left wondering how I, a clever student, finished my schooling with out ever having to obtain any serious knowledge of economics.
It is a wonderful idea to teach Australian primary school students the basics of economics. I fully support that. But the question is who will decide what we teach them? Continue reading I (tentatively) Support Teaching Economics in Australian Schools
Australia’s two-speed economy looks set for a difficult year in 2012.
In December last year, a large unexpected drop in employment occurred nationally. Three of Australia’s largest employment sectors: finance, manufacturing and retail, are already experiencing major downturns and began laying off workers in 2011. This is pattern is unlikely to change, but may yet get worse.
The strong Australian dollar will continue to dampen exports and imported products will become increasingly attractive. This will hurt the local manufacturing sector. All indications suggest Australian retail consumers are unlikely to return to the excessive credit-driven spending of past, and will instead continue to use spare disposable income to pay down existing debts. Continue reading A difficult year for Australia’s two-speed economy (2012)
If you have, you’ve probably also heard commentators asking “why, why, why?”. That has been pretty hard to miss. Here are some answers, which are of course my own subjective personal views. They are also subject to change as the movement grows and it’s membership takes shape. But anyway, lets get to it.
There are far too many reasons behind the popularity of the occupy movement to try name them all, but they all relate back to one key issue: Wealth Inequality.
Continue reading Why, why #occupy?