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…
The two perpetrators of the recent Boston Marathon bombing, which killed three Americans and injured many more, appear to have been retaliating against the US involvement in Afghanistan and Iraq. In the wake of the bombing, a number of US commentators have noted that what is striking is the apparent rarity of such attacks following…
The famed SPC Ardmona cannery has slashed its fruit intake, cancelled contracts with farmers and called for an emergency tax on imported canned fruit to save the industry. In the Goulburn Valley around Shepparton in north-east Victoria, 114 farmers have either had their quotas for next season cancelled or slashed. The cannery has announced that…
