Holding Pattern

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The Write Stuff- not wrong- But not quite enough

January 6, 2021 by Peter Holding Leave a Comment

‘The Write Stuff’, a collection of essays from the Labor Party’s right-wing, has been promoted as a book that ‘plot’s the Party’s return to power’. It doesn’t do this. A few central things are missing. The book covers a wide range of policy topics including the importance of unions, addressing of casualisation and job insecurity, […]

Filed Under: politics

Low Interest Rates- An Opportunity for Federal Labor

November 20, 2020 by Peter Holding Leave a Comment

Australia’s net debt was A$174.5 billion in September 2013, when the Coalition took office. The debt is forecast to grow to $872 billion in 2020-21 (44.8 percent of GDP). Then it is forecast to hit $1 trillion in 2021-22 (50.5 percent of GDP). Then, $1.1 trillion in 2022-23 (51.6 percent of GDP). Yet, as a proportion of GDP, our […]

Filed Under: politics

Biden’s Bind

November 12, 2020 by Peter Holding Leave a Comment

President-elect Joe Biden will likely find himself in a bind. Let me explain. An important difference with Donald Trump is that he was not ONLY a President. He also leads a social movement. Trump’s support base is a coalition of different forces- not very well educated white working-class folk, some white supremacist extremists (some of […]

Filed Under: politics

Labor’s Consultation Draft Platform

October 8, 2020 by Peter Holding Leave a Comment

The ALP’s National Policy Forum (NPF) is responsible for producing the draft platform for the Party which goes for consideration by Labor’s National Conference. The NPF, in consultation with the relevant shadow ministers, has released a consultation draft of the National Platform for input from ALP constituent units. It is, on the whole, a very […]

Filed Under: politics

Keating shows Federal Labor a way out

September 24, 2020 by Peter Holding Leave a Comment

Paul Keating has called on the Reserve Bank to help the Federal Government with fiscal spending. Normally governments offset their spending through either taxation or borrowing. But taxation is deflationary so is not an appealing option at the moment and there is a concern (largely exaggerated) about increasing government debt. Keating has essentially called for […]

Filed Under: politics

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