Thunderous Objections Continue
You know a document has hit some kind of mark if the people against it are lining up to make their views heard. One gets the feeling the journalists covering this document were all pretty aghast at what was being presented, straight-faced and brazen, to a greatly sceptical audience.
Peter Martin slammed it saying the underlying assumption is that the only way Australia can get back to surplus was through cuts while leaving the current tax system untouched, while it even answered questions it was not asked like drastically cutting the minimum wage.
Michael Pascoe was just as pointed describing its approach as “casual brutality”. He also pointed out the notion that if the states ought to compete with one another, it would result in putting the states falling behind now in a worse position, not better; and that those states would end up having to pay more. Australia is – last we checked – still a ‘commonwealth’ and not a ‘competition of states’.
Steve Keen was more in a demolition derby mood as he pointed out the fundamental stupidity of Australia worrying about getting back to a surplus now, given the context of the world economy. The fundamental assumptions underlying the very exercise seems to be dodgy, while the preconceptions going in were just as misguided.
I know from Pleiades that the AFR s not happy either calling it ‘illogical hostility’ and decidedly critical of the notion of abolishing key industry support programs. The AFR is also reporting that customers are taking action, protesting the four major banks for their support of fossil fuel investments. Some of these are major funds looking to allocate funds to companies and projects that are genuinely eco friendly. The Federal Government is flying into a storm with its contrarian position on Climate Change, and its stated desire to shut down all these green initiatives.
Basically there has been a loud chorus of boos from the press gallery, which probably doesn’t mean much to the man in the high office. But it’s interesting to note some of this is spreading out to the world and will have consequences for Australia’s economy. If you look at the document it appears it is not that different to the sort of position statement that might come from the US Tea Party, and it would certainly be interesting to see how this document looks when lined up with the Tea Party’s position statement. After all, as Michael Pascoe points out, it appears Tony Abbott really wants to turn Australia in to a facsimile of America.
Gen-X Will Retire At 70
In amidst all the brouhaha about the Commission of Audit and its audaciously hostile report, was the gem that Joe Hockey announced that the pension eligibility will be raised to 70.
The line he drew in the sand?People born after 1965. That’s pretty much saying Gen-X onwards. I was going to lambast him for being born in 1964, but it turns out he was born 1965. So if you’re an old school mate of Joe’s you can thank him for that gift. He’ll be drawing on his generous Parliamentarian superannuation as soon as he leaves Parliament while some of his mates might never reach the age of drawing a pension. If there is such a thing as poetic injustice, it might just be in there somewhere.
If you thought demographics was crap, and that distinctions like Baby Boomers and Generation X and Generation Y and Millennials were just marketing brackets then the line in the sand drawn by the Treasurer might just give you pause. I’ve pointed out before that Generation-X were the first to get hit with HECS after the Baby Boomer generation went by on free Tertiary Education. It’s really no mistake that the boom is falling on the queue just in front of Generation X, because the Baby Boomers are fitting up the social cost of their lives and their education and their retirement on to Generation X.
I don’t know if this is going to work. 2035 is 21 years away, and there’s a lot of politics to be played out between then and now. It’s long enough for another generation to grow into maturity and look at all the social costs being passed on to the latter generations and tip the balance the other way. I’ve pointed this out before but the ALP is already coming into the next Federal election with a front bench dominated by Generation X, headed up by Bill Shorten. The script might be written, but this movie is far from shot, cut and mixed. 🙂
Oh, Let’s Cut All of It!
One of things that got put on the table for cuts was Screen Australia. Naturally there was an outcry from the usual voices.
“Culturally it would put us back in the stone age,” said John L Simpson, producer and founder of the film distribution company Titan View of the Commission of Audit’s recommendation. “I thought that Australians had got over the cultural cringe, the idea that the only culture engaging with is the culture imported into this country, but that’s what’s going to happen. We’ll be a cultural backwater if we don’t invest.”
“It would have a devastating effect on the Australian film industry,” said film producer and director Sophie Hyde. “It’s already a very underfunded industry. We do so much with the small amount that we get, but I think that would effectively decapitate it.”
Robert Connolly, a filmmaker and former board member of Screen Australia described the recommendation as “catastrophic”. He said that Screen Australia receives around $100m a year and has funded some of the most successful homegrown television of recent times. On 9 February, he said, “there was the INXS biopic and the Schappelle Corby one and there were almost five million Australians watching drama that Screen Australia had invested in.
You mean it would upset your gravy train perhaps?.
The people most vocal about it are the people who have received the most support from the funding bodies over their careers. Honestly I’d like to see all of it abolished just to see what would happen. I’ve got no love for film making in Australia any more, so I really don’t care if it goes to the dogs. Heck, if I can’t have it, let them not have it, is how I feel. Screw the bastards with their mouths firmly attached to the government teat and above all, screw the film bureaucrats. They can go find a job in another industry and work until they’re 70.
Yeah, don’t cut it in half, cut the whole damn lot.