Cautious budget offers no strategy for future
The ‘safety-first’ small target agenda on which Labor won the election has been trashed.
The ‘safety-first’ small target agenda on which Labor won the election has been trashed.
Juggling multiple objectives, the Treasurer needs a budget that cements Labor’s economic authority.
America may be in relative decline, but it is a long way from down and out. But don’t assume China’s rise under Xi is inexorable or that its economy won’t spectacularly unravel.
Liz Truss’s plight in Britain the latest example of the collapse of viable conservative government in the West.
Any announcement by Labor of major surgery on the tax cuts would be depicted as pandering to the anti-aspirational left and would suggest a weak government devoid of backbone.
King Charles is far better prepared to manage this issue than his Australian advisers and a public lacking the energy or game plan.
Australia now embarks on a new journey under King Charles III – the past week having dramatically and brilliantly demonstrated that our head of state is the reigning British monarch.
A young Charles made an unwise mistake that ‘has the potential to damage his future as King of Australia’.
It is unrealistic to think King Charles can match the iconic standing of his mother. But as the prince who absorbed every nuance integral to monarchical success, Charles may surprise on the upside.
Beyond the cost-of-living crisis lies the need for a new social contract.
Original URL: https://www.theaustralian.com.au/author/paul-kelly/page/24