Many people think the law is something that has some kind of objective existence. But it is often more like a series of somewhat vague or elusive concepts that are required to be applied by courts, as consistently as possible, to a myriad of different circumstances. The concept of “proof beyond a reasonable doubt” has […]

Federal Labor has done a good job by pointing to holes in the Coalition’s coronavirus economic package. The communique today from Anthony Albanese to ALP members stated: “Parliament has just passed a wage subsidy – something Labor has spent weeks calling for. Support is on the way for millions of Australians – and as a […]

Government debt A government that issues its own currency cannot go bankrupt.  It can choose to offset its spending by raising taxes or by borrowing (issuing government bonds). But it does not have to. It can just credit the accounts of the recipients of government spending. The only limit on the amount a government can […]

On 30 March, the Government announced the $130 billion JobKeeper Payment to help keep Australians in jobs as we deal with the significant economic impact from the Coronavirus. This brings the Government’s total support for the economy to $320 billion across the forward estimates, representing 16.4 percent of annual GDP. How can the government afford this when we […]