Fighting Fake News and Griters, 10/6/19; LNP Talent Abbott, Turnbull ,Morrison, Frydenberg, Dutton the highest paid in the world to look after 24 million; Reserve Bank doing the LNP's work;

Why Scott Morrison is paid three times what he’s worth

 

There is something seriously amiss with Australia’s parliamentary salaries. Alan Austin considers the problem and possible solutions.

ON HIS RESULTS as Treasurer and now Prime Minister, Scott Morrison’s salary should be about $183,000 — one-third of the current level. That should increase steadily as his performance improves. Other parliamentary salaries should be adjusted commensurately. Let’s examine why.
High salaries for members of parliament (MPs) are purported to:

• attract high calibre candidates; 
• ensure MPs are not distracted by their financial situation; and
• compensate job insecurity.

None of these applies today.

• Coalition's income tax plan will gift highest earners $33bn

 

1. Jobs are the fraying rope holding Australia above recession 

   By business reporter Michael Janda about 3 hours ago

   Australia's economy is hanging tough, stubbornly refusing to capitulate to recession after a world-record 28 years of growth. But some of the threads it is hanging by are fraying.
   
   In the meantime underemployment has surged to record highs, replacing one labour market scourge with another, albeit lesser, evil.
   But as Mark Colvin's story highlighted, the effects of unemployment are long-lasting and potentially life-destroying.
   

    The Government has done nothing the Reserve Bank has done its work

   In the meantime underemployment has surged to record highs, replacing one labour market scourge with another, albeit lesser, evil.
   But as Mark Colvin's story highlighted, the effects of unemployment are long-lasting and potentially life-destroying.
   
   That is why the Reserve Bank has moved now, stimulating the economy to try and head-off further job losses, and why it's urging the Federal Government to do the same.
   Let's just hope they aren't doing too little, too late.
   

   Tax cuts

   Scott Morrison's $158 billion tax cuts in limbo as Pauline Hanson says 'no'

   

    How long do these people think it takes to build a Coal-Fired Power Plant and major Water Projects? They can't get the economy right when they think giving $31 billion to the rich will fix it. The economy depends on 90 % of the nation, not 10% (ODT)

    Senator Hanson said she was not in favour of the third and final stage of the ten-year tax plan "at this stage" when government money should be spent instead on building new coal-fired power stations and water projects.

   One Nation leader Pauline Hanson has rejected the government’s plea to pass the full $158b income tax cut unveiled in last month's federal budget.

   • 2 hours ago
   • by David Crowe
   •  

   Simply Jawdropping

   More than 1 million turn out to protest extradition law