The big lie at the heart of every budget it that it is a plan to manage the economy for the collective good of the nation, write Peter Boyle ԻPaul Oboohov.
Wages
NTEU members struck and rallied at James Cook Universities’ two larger campuses in Townsville and Cairns, joining the union’s nationwide campaign. Jonathan Strauss reports.
Ahead of a significant day of industrial action across Britain, Terry Conway discusses the significance of the strikewave and what it will take to force the government’s hand.
With elections due in the next 12 months, Spanish Socialist Workers Party (PSOE) prime minister Pedro Sánchez is hoping his pro-worker posture will be enough to secure victory over the right and keep the independence movement at bay, writes Dick Nichols.
The Reserve Bank of Australia claims it is “fighting inflation” by hiking up interest rates. But, as Zane Alcorn argues, it has never been independent of the capitalist class and is dutifully carrying out its interests.
The Treasurer’s “values-based capitalism” looks like it will include cuts to public spending, greater private investment, cuts to services and greater upfront costs, argues Graham Matthews.
Reserve Bank governor Philip Lowe apologised to those who took out home loans on the basis of his promise not to raise interest rates. But he had no apology for wage earners trying to make ends meet amid sharply rising prices. Peter Boyle reports.
The IMF has debunked the myth that heightened inflation means workers should accept below-inflation wage rises — real wage cuts. Neville Spencer reports.
Three thousԻnurses and midwives rallied outside the Western Australian parliament as part of a state-wide strike for better wages and conditions. Chris Jenkins reports.
The Australia Nursing Federation Western Australia is conducting yet another online poll on an inadequate government pay offer. Chris Jenkins reports.
For those of us forced to live with it, Labor’s first budget since 2013 is both a missed opportunity and a threat of worse things to come, argues Graham Matthews.
An inflationary tsunami is passing through the world economy, creating economic disorder — in some cases acute political crisis — in every country it touches, writes John Ross.
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