Magazine of the Socialist Party, Australian section of the CWI

Economics

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Greens leader Richard Di Natale has been in the spotlight recently with calls for the creation of a “People’s Bank”. In his view a …

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The Coalition’s first budget since the 2016 federal election is a clear attempt to reset the political agenda. In 2014 the government attempted to …

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The idea of welfare benefits being replaced by a ‘universal basic income’ (UBI) has resurfaced in recent years – a welcome discussion because it …

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With the end of the mining boom, the main sector propping up the Australian economy is property. It is becoming more likely however that …

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In many ways capitalist competition is a lie. Just look at the huge monopoly on the mobile phone market held by Apple and Samsung …

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Last month the pictures of two young women were splashed across the front pages of various News Corp publications. The papers described them as …

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The Liberal government has made proposals, which if implemented, would gut the welfare system. Social Services Minister Christian Porter announced a $96-million-dollar scheme to …

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After a number of high profile banking scandals, ordinary people are rightfully angry at the criminal actions of financial institutions and banks. The Commonwealth …

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Commonwealth Bank Australia (CBA) reported its seventh straight record profit in August. It’s 2015/16 financial year cash profit rose to $9.45 billion, bringing its …

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The following document was debated, and subsequently agreed to, at the 2016 Socialist Party National Conference held in Melbourne on August 6 & 7. …

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Over the last few months the Labor premier of Victoria, Daniel Andrews, has been styling himself as a progressive figure on a largely conservative …

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Today you can choose from hundreds of thousands of short-stay rooms in 192 countries as well as hail a ride in over 60 countries …

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Over 80,000 houses are suspected to be lying empty across Melbourne while 35,000 languish on the Victorian public housing waiting list. A report released …

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In April, steel manufacturer Arrium went into voluntary administration, potentially threatening 8,000 jobs – 3,000 in Whyalla, South Australia, where the steelworks are. Arrium …

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By Jeremy Trott The Turnbull government is trialling a new cashless welfare card in three rural towns in preparation for a planned national roll …

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By Dane Letcher Wage growth was at the slowest pace on record for 2015, according to the Australian Bureau of Statistics (ABS). Using their …

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By Tim Tran The Trans-Pacific Partnership (TPP) agreement was signed in New Zealand last month by its twelve member countries in the Asia Pacific …

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Editorial comment from the March 2016 edition of ‘The Socialist’ The recent stock market dives across the world are an indicator of deep problems …

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