Federal environment minister Peter Garrett’s latest blooper is gross. A week after Kevin Rudd proudly announced a $50 billion (tax revenue) deal to … More
Category: Economy
True Confections
Earlier this year Cadbury downsized 250g chocolate blocks to 200g, but changed to cardboard packaging that looked the same size. Retail prices have not fallen accordingly. Removal of … More
First Home Follies
Last October the first-home buyers ‘grant’ for purchase of established homes was doubled to $14,000, and tripled to $21,000 for new ones. Since then the average first home … More
Ruing Roubles: Eat Roo Too!
Russia has temporarily suspended imports of kangaroo meat from Australia, apparently following contamination concerns. Unfortunately that accounts for 70% of exports, … More
Sydney Shaking & Sticky
Brand Sydney project, with a committee of 14 ‘stakeholders’ from government, corporations & quangos (lovely term) spent 12 months and $1 million of taxpayer funds to … More
Bonsai Bluefin
Despite our China obsession, Japan remained Australia’s largest export destination last year, with foodstuffs and coal leading. A free trade agreement between the two countries … More
Brettless Virgin
Virgin Blue CEO Brett Godfrey announced his retirement (stepping down, calling quits) along with a forecast $165 million loss and heavily-discounted $231m capital … More
Coal! Coal! Coal!
Just as Federal Parliament girds its loins to thrash out legislation for a carbon pollution reduction scheme, presumably to help reduce the burning … More
Four Miles from Midnight: Blue Sky Blues
Reverse triple somersault with double pike, or volte-face as we say in diplomatic circles, was performed by so-called Environment Minister … More
Storm in Exec Teacups!
Aptly named Commonwealth Bank subsidiary Storm Financial managed to sink $3 billion of investors’ money by channelling home & margin loans (to … More