Australian Politics

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Labor flags first home buyer subsidies for next election

After last week junking their negative gearing and capital gains tax reforms taken to the past two elections, Labor’s financial services spokesman Stephen Jones hinted that it will offer first home buyer subsidies as part of its election platform: “We took those policies [negative gearing and capital gains tax reforms] to the last two elections.

18

What is Delta herd immunity?

The debate is raging. What is Delta herd immunity? Domain says: National cabinet will start creating the path out of lockdowns on Friday when the country’s leaders look at how many Australians must be vaccinated against COVID-19 in order to end economically damaging restrictions. …Premier Gladys Berejiklian has previously cited a figure of 75 to

31

Labour groups: Albanese “the enemy” of workers

A series of organisations with a tradition of supporting Australian workers have labeled the dramatically shrunken Albanese Labor opposition “the enemy“: The nation’s peak organisation on affordability and secure housing for Australians on low incomes has accused federal Labor of rejoining a “list of enemies” against increasing home-ownership in favour of benefiting wealthy landlords. National

69

Anthony Albanese is the Manchurian candidate

Bernard Keane at Crikey took us down memory lane yesterday in useful fashion regarding Australia and China: At least Tony Abbott is prepared to admit he screwed up: what he once boasted as a “history making” trade deal with China, and one of his great achievements as prime minister, was a mistake based on “wishful thinking” and

64

Give Sydney JobKeeper or expect violence

My sources are telling me Sydney is in lockdown for another two months at least. Hence, the following is completely bonkers from the state and federal Coalition: Premier Gladys Berejiklian is refusing to publicly lobby the federal government for the return of JobKeeper despite Sydney’s lockdown being extended by four weeks and new data revealing

26

Albo cashes investment property as negative gearing reform scrapped

This may seem like a cheap shot. But optics is everything in politics. Only a day after Labor dumped the negative gearing and capital gains tax reforms taken to the past two elections, leader Anthony Albanese sold his Marrickville investment house for $2.35 million, banking a $1.2 million gross profit: From the article: [Albanese] and

87

Why Anthony Albanese must never see power

The propertocracy has won another round in the policy fight. Not courtesy of the blood-sucking interests. Rather via the hand of those that set out to end it and instead succumbed to its corrupt siren song. As Labor gives up on property tax reform, any and all reform actually, the thirty-year Australian property bubble once

31

Another Morrison vaccine hits the skids

From the beginning of the pandemic, Morrison Government vaccine procurement policy has been written by either carpet-baggers or idiots. First, it sent Pfizer packing mid-last year. God only knows why. Perhaps because its shots were the most expensive. Second, it over-committed to Astra Zeneca, a firm that has never made vaccines before. Perhaps Morrison did

19

China goes all-in on Fort Derrick COVID origins

When post-truth becomes the fog of war, via Sinocism today: Global Times: ‘Political virus also needs origin tracing’ as US politicizes, stigmatizes epidemic: FM Wang Yi The coronavirus needs origins-tracing, and so does the political virus, said Chinese State Councilor and Foreign Minister Wang Yi, noting that the US has been trying to politicize the

146

What does the “Labor” Party stand for? Absolutely nuthin’

Labor announced yesterday that it will not make changes to the stage three income tax cuts if it wins the upcoming federal election. It also abandoned the negative gearing and capital gains tax reforms taken to the past two federal elections. Shadow cabinet formally signed-off on these policy positions yesterday. Earlier this year, Labor also

4

Australian policy reform ‘gridlocked’ by soft corruption

The Grattan Institute has released a new report entitled “Gridlock: Removing barriers to policy reform”, which argues that Australia’s prosperity is at risk from a decade-plus of decay across our political institutions. Below is the Overview, combined with some key graphics: Australia’s governance has deteriorated over recent decades. The formal institutions and the informal norms

20

Do rising house prices threaten the Morrison Government?

News.com’s Tarric Brooker believes that soaring property prices and the locking-out of first home buyers could dent the reelection chances of the Morrison Government: In the 1970s then British Prime Minister Margaret Thatcher came to the conclusion that one of the key factors in providing citizens with a stake in society was home ownership… Many

21

Fear a Chinese planet

Excerpted from “The Long Game: China’s Grand Strategy to Displace American Order”, provided by Sinocism and Oxford University Press. Rush Doshi is the founding director of the Brookings China Strategy Initiative and a fellow (on leave) at Yale Law School’s Paul Tsai China Center. Previously, he was a member of the Asia policy working groups for

15

National cabinet: a new buck-passing delivery system

Former prime minister Tony Abbott has criticised the national cabinet, arguing that it is an ineffectual co-ordinating committee. Abbott contends that the national cabinet, which has met 46 times so far,  is contributing to the lack of a clear delineation of responsibilities between the federal and state governments during the COVID-19 pandemic: Tony Abbott has

28

Morrison whinges as Aussie iron ore returns in Chinese warships

Pig Iron Scott’s storm troopers are upset that China is spying on Australia on the high seas, via the UK Express (there are now two spy ships): The Australian military is keeping tabs on the PLA naval surveillance ship, Tianwangxing, as it travels towards Queensland waters off the country’s north-east coast. The vessel is widely

30

Morrison Newspoll’s crash

It had to happen. During the good times, it doesn’t really matter how bad a government is. But, when it is really needed, during huge external shocks, a government must perform competently or it will pay. And now it is: The latest Newspoll has the Morrison government slumping to even on 39% on the primary

66

109 Sydney COVID cases today, reveals maths genius

Jon-Bernard Kairouz has been predicting precisely the Sydney COVID cases all of the last week the night before their release. 109 coming today: Number Of Cases Tomorrow, Monday 19th Of July. #covidnsw #sydneylockdown #TikTokGuy pic.twitter.com/uVILiHgyaY — Jon-Bernard Kairouz (@jonbernardk) July 18, 2021 The day before: Number of Cases Tomorrow, Sunday 18th of July#nswcovid19 #SydneyLockdown pic.twitter.com/bOIYhy35ZH

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Electioneering Albo tries to undo Labor’s China treason

Finally, the message appears to have sunk in at Labor’s headquarters that committing treason is not a great election strategy. Today the leader of the opposition, Anthony Albanese, appeared at The Australian to dramatically pivot away from China. According to Albo: Anthony Albanese says restarting dialogue with China will be a challenge no matter who

15

Schvets on the US “sputnik moment”

The magnificent Viktor Schvets of Macquarie with the note: No decoupling but supply chains will focus on competing blocks •In Oct ’57, Soviets surprised the world by launching the first satellite (‘Sputnik’). While the US defence secretary dismissed it as a ‘useless hunk of iron’, Edward Teller (father of the hydrogen bomb)was more prescient, describing