Archives for March, 2015

A fairy tale. Tony Abbott and the backbenchers.

Tony Abbott gathered together those who had failed to make the exalted rank of Cabinet Ministers.  It was just like Jesus gathering the disciples at the last supper. “I have gathered all you backbenchers together today to get some feedback as to how ‘good government’ is going.  The public seen to think I should talk to […]

Why government grants to first home buyers are a waste of time.

Imagine if you will, a company that sells gizmos.  They charge $1,000 for each gizmo and sell 50,000 a year.  It is a stable business and each year rolls past with the same price and the same volume.  Now the government decides more people should buy gizmos.  They decide to pay each person who buys […]

My Budget

I am going to be brave.  Really brave.  I am going to propose what should be in the next budget.  Now I don’t have access to the Government Budget Office or Treasury so I will have to give some general comments rather than quoting figures. Let’s start with some issues and principles: What we receive […]