The price of temporary water, on a market increasingly controlled by governments, has increased from $30 per megalitres to almost $300 per megalitres as a direct result of the water buybacks.
In 2016-17 the Commonwealth net debt to GDP ratio is forecast to be the highest since 1970-71 (as far back as the budget papers data go).
Considering the existing tensions between Iran and Saudi Arabia, if the OPEC meeting ends without a fight, it should be considered an achievement.
If company tax cuts can be criticised on the basis that they mean other taxes will increase, then surely the same criticism can be made about Gonski.
Indicative of the uranium industry's worldwide malaise, mining giant Cameco recently announced the suspension of production at Rabbit Lake and reduced production at McArthur River/Key Lake in Canada.
If the task involves work that would ordinarily be undertaken by a paid employee as a form of production rather than participant-observation then it is work that should be paid at an employees' rate.
The facts are that every tax cut has created some more billionaires, but few jobs down on Struggle Street. The trickle down effect has never ever trickled down.
'Australia now has more people who vote for their money than who work for it.' Taking benefits from voters is tough politics.
Rather than promising everyone some candy, the government needs to win back its credibility by demonstrating a clear plan to return the budget to surplus and pay down its debt.
The summit comes at a time when Queensland’s and Australia’s unemployment rate seems stuck at around 6%, about 2% above the lows achieved during the mining boom.
At first, proactive and outward-looking regulators looks like a good thing. But the problems with this new approach are easily demonstrated.
The review by PricewaterhouseCoopers questioned the very need for a regulatory response forcing higher payment rates on safety grounds.