Why does Australia continue to have a rampant cost of living crisis? That’s the $300 billion question. The hard men of Australia’s economic press claim it’s because of inflated wages and low productivity. Yet evidence suggests it’s mainly because of our big four banks. (more…)
Keith Mitchelson
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The real estate deals of the century
The world is shocked by President Trump’s solution for the ‘Palestinian Problem’. It’s similar to the one his father used to up-market his NY tenement properties – call in the police to throw the tenants out into the street. (more…)
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Why did the IDF reveal all to The New York Times?
The New York Times gained remarkable access to more than 100 Israel Defence Force soldiers, who confirmed that altered IDF practices caused the outrageous death toll among Palestinians in Gaza. Everyone should read the original article.
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The Israeli government is guilty of the deliberate death of Israeli civilians
The Israeli government has been accused of War Crimes including the murder and genocide of the Palestinians of Gaza. They should be indicted for the murder of Israeli civilians too. (more…)
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Inflation is the ‘godsend of capitalism’
The Australian Bureau of Statistics statisticians recently found that “Mum and Dad” mass ownership of Australian rental properties is a complete fiction (of News Ltd). The majority of rental properties (some 60%) are owned by the wealthiest 10% of citizens, who typically own numerous properties, because returns on rental property consistently outperform stocks and shares, year on year. About 31% of Australia’s housing stock is rental property, and the proportion is rising rapidly as investors convert more homes into rentals, leaving proportionately less housing available for families to buy. (more…)
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Was the housing crisis caused by government policy?
The housing crisis plaguing Australia is the direct result of Coalition taxation policies that favour individuals with capital and assets, and disadvantages individuals on wage incomes. (more…)
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A new western war against Iran?
Iran made two attempts to free its oil fields from Western domination. Since the Islamic revolution of Ayatollah Khomeini in 1979, Iran has kept Western companies out. They paid a huge price, a trade embargo lasting some 40 years. Is a new attack on Iran in the offing? (more…)
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A world conspiracy designed to sow doubt for consumers
A worldwide campaign against the reliability of EVs has been exposed on ABC Media Watch (Monday 22 July), which revealed claims made routinely in mainstream media were false. Host Paul Barry noted that similar false stories were reported widely in the US, UK and European media throughout this year, particularly by News Ltd outlets. This campaign was huge, indicative of an enormous purchase of print space across the world, not conventional advertising, but the bought-opinions of specialist journalists, designed to sow doubt for consumers, delivered by a media that routinely claims global warming is a hoax. (more…)
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Housing crisis, what housing crisis?
Newspapers decry it; yet market-led inflation more broadly is tut-tutted away as a ‘sacred mystery’ central to a free and working capitalist system. Government mandated inflation however, which society must pay to maintain a balanced economy, does not please anyone. (more…)
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The swarm: International consultancies
Predatory capitalism has become visible across the world as neo-liberalism becomes fully transnational. Consultancies working to authoritarian rules have consumed big business by making executives richer. They may be set to engulf governments and even entire societies. (more…)
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Terror Nullius: the tale of Tasmania
England invaded Australia in 1788, releasing a terror of death and dispossession on first nations’ peoples, particularly in Tasmania. Now 235 years later, Aboriginals, through the Statement from the Heart and the Constitutional Voice, say that it is time that this terror ceased. (more…)
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The dark dark secret
Fascism is in the news again, with the nazi salute being banned. Fascism is much more insidious than a few extremist adherents. With careful rebadging it has begun to pervade some of our institutions. (more…)
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Critical Decade: is the government concerned about the future?
We all want a better future for our children, and our grandchildren. The Government however seems unconcerned whether there is going to be a future at all. (more…)
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Keith Mitchelson: A trove of treasures
The National Library of Australia is preserving our past wealth of regional newspapers, magazines, and books. Trove holds treasures relevant to understanding the present. (more…)