The digital age is ripping the heart out of iconic mastheads as advertising and circulation is swallowed by on-line consumer preference. Unless CEOs grasp the nettle, admit defeat and embrace the new information age, Gillard will have little left to blackmail them with. Demanding people pay for their news is an arrogant ask. News belongs to no-one and everyone. Today’s news has only an intrinsic value, yesterday’s has no value. The town crier is broke and he wants you to pay to listen but why pay for something you can hear over the fence anyway?
Chinese investment in Cubbie Station is a win / win for China and for Australian jobs. Trade with China is essential to Australia’s wealth and financial health. There are safeguards in place to meet stringent national interest tests, and the Cubbie Station purchase ticked all the boxes. Barnaby Joyce’s objections are based on nationalism, but Australia is not an inward looking backwater. We’ll always need foreign investment. This $300 million injection from China and the jobs flow is a much needed boost to the area, the State of Queensland and the working families.
News Limited has announced further changes to its newsroom structure with expected jobs losses to number 65.
Prime Minister Julia Gillard has called for calm on fears about the mining investment pipeline after Fortescue Mining Group defered expansion plans.
To understand the deplorable state of our kids' education you first need to know how it was stuffed so it is never allowed to happen again.
Environment Minister Tony Burke says a private member's bill in parliament could increase his powers to ban a controversial super-trawler.
Programs to combat indigenous disadvantage are drifting aimlessly, the federal opposition claims.
Julia Gillard makes a lot of grand statements she, or we, can't afford to fund. Again today she committed $6.5 billion spending to education reforms. She wants the States to pay 70% of the bill. The problem here is (a) the States know nothing about it (b) the States can't afford it because most States are still grappling with State Labor debts in the billions of dollars. Like Rudd, she doesn't consult yet makes bold announcements with no detail. She justified getting rid of Rudd for this very reason.
“Private Schools will not be disadvantaged in funding”, so say Gillard and her Left advisers. This is another sneaky lie. Make no mistake, socialists detest “elite” Private Schools, always have. So, hidden away in the legislation is the proviso that all funds from private donors must now be declared by the receiving Private School. Businessmen who have always donated “spare” cash to assist the Private School their kid(s) attend will now be forced to expose themselves to rapacious ATO audits. Of course many will run a mile. Looks like parents who want the best education for their kids will need to work a little harder. Socialist plots continue to unfold.
Retailers hope an unexpected dive in spending will prompt the Reserve Bank to cut rates, but economists doubt it will move on Tuesday.
Nationals senator Barnaby Joyce is at odds with the Queensland government and the federal coalition over the sale of Cubbie Station to a foreign buyer.
Prime Minister Julia Gillard says federal Labor is willing to "step up and provide additional resources" to help pay for its new schools funding plan.
Those on death row have a last wish; a no-expense-spared last meal. Gillard is now booking her future expensive meals in hell... and at our expense. NBN, Gonski, NDIS, dental scheme and array of endless idealistic "reforms" and tax schemes the Loony Left are determined to make Abbott-proof. They will probably be successful. Gillard is throwing around yet-to-be-earned cash like there is no tomorrow. She knows she won't be responsible for the massive debt. She will be doing okay on her bloated pensions and perks but we will be paying off debt and interest for generations. She has taken fiscal irresponsibility to new heights. Gillard can wreck the rented House for one more year and we will have no hope of retrieving the bond.
Queensland Information Technology Minister Ros Bates says the state government has saved taxpayers $40,000 an hour by sacking almost 400 IT contractors.
Up to 400 Victorian schools may be shut down on Wednesday as 35,000 of the state's teachers are scheduled to strike in a bid to win a huge pay rise.