Mobilising superannuation funds for infrastructure development, in order to insulate Australia from the ongoing global financial crisis, should be a high priority for the next federal government. Of the $1,300 billion Australians have now invested in superannuation, only $40-65 billion (3 to 5 per cent) is invested in infrastructure. Further, most of this is invested…
In order to resist the militant anti-religious ideologies of our age, we can derive valuable lessons from both the French Revolution of 1789 and the Cultural Revolution which swept the Western world during the 1960s, argues Patrick J. Byrne. B.A. “Bob” Santamaria (1915-1998) proposed in his seminal 1973 paper, Philosophies in Collision, that Western societies…
Professor Ross Garnaut recently signalled that Australia needed new industries built alongside mining and called for the exchange rate to come down about 40 per cent. Australia’s prosperity has been substantially dependent on supplying raw materials — minerals and energy — to feed China’s rapid growth over the past two decades. However, in an interview…
Home ownership is still out of the reach of many Australian families compared to 30 years ago. Recently, the 9th Annual Demographia International Housing Affordability Survey ranked Australia as having one of the most expensive housing markets of the countries surveyed. According to the report’s authors, Wendell Cox and Hugh Pavletich, the major contributory factor…
