Culture wars may help to distract attention away from the material world. Murdoch Media tells us it's not the "Real News" as does our government who says things have never been better. Frydenberg, Harvard MBA, our Treasurer, is touted as the best man on the job but in Truth.......
" Profits are currently increasing at four times the rate of wage rises."
Workers now have the lowest share ever of the nation’s earnings. Under-employment is even worse now than it was late last year. Alan Austin looks behind the spin to report the true state of unemployment and economic management in Australia.
Beyond the Spin: workers’ share of wealth slumps to record low
Andrew Forrest steps up and calls Morrison and Taylor’s LNP “dithering gutless twats with no plan or science to guide where they are going.
Mr Forrest praised countries that are “firmly committed” to green hydrogen including Chile, France, New Zealand, Portugal and Spain, but said “most countries, including my own, are dithering – unsure whether to back green hydrogen or blindly commit to yet more fossil fuels, this time disguised as blue hydrogen”.
Andrew Forrest slams blue hydrogen funding
Scott Morrison has played down the need to travel to Europe for global talks on climate change but former prime minister Kevin Rudd says he must go.
In fact the nation expects him to go and regain some level of respectability for all of us. Respectability Morrison has in the past 8 years abandoned.
Prime Minister cool on Glasgow but Rudd says he must go
Climate pressure mounts on Australia as world’s coral dies off
He is holding the hose and has been all along
We saw the Panama Papers now the Pandora Papers and the government has done nothing. The ATO even complained and the government did nothing. This too Morrison and Frydenberg will let slip and pass through to the wicketkeeper as a no ball. It’s their leadership for “some” Australians to be kept safe.
“[The] onus is on the financial institutions involved to be the first and last lines of defence, whereas lawyers, accountants or real estate agents (the ‘gatekeepers’) involved have little or no education or incentive to deter or prevent the proceeds of crime entering the Australian economy,” FinTech Australia said in its submission. “High-net worth does not mean low [money laundering] risk. This weakness in the current regime appears to be the elephant in the room.” Related Article The ATO has accused PWC of using inexperienced lawyers to invoke legal privilege to deny access to documents during tax audits. Courts ATO accuses PwC of improper use of lawyers to conceal tax affairs However, the Chartered Accountants Australia and Real Estate Institute of Australia (REIA) have warned tranche two could create “onerous red tape” that might not improve the overall system and could lead to “unintended consequences” such as higher costs for consumers.
‘Dodging up the books’:
Prime Minister Scott Morrison has pointed to the resignation of Gladys Berejiklian as a reason not to introduce a NSW-style federal corruption commission.
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