Budget emergency, fiscal deterioration, fiscal blowout is a common ploy used by incoming political parties when newly elected: (particularly by Liberal or right wing parties) to justify or validate their pursuit of conservative, right wing, Liberal agenda to enhance business profitability: by reducing government regulation/supervision of business practices; selling […]
Tag: government debit
NBN Mark II – New Energy Network
The cost of energy is in many cases a significant burden to business (and many households). Unlike his predecessor Peter Costello, who does have an economics background and has often advocated for Australian businesses: that high fuel prices were an increased burden for businesses. Little has been said by […]
Prosperity in Government
The prosperity of government determines the extent that governments can deliver services to people in the community. What is most evident in corrupt governments/dictatorships – where monies are syphoned to enrich the wealth of ruling party, much to the detriment of the welfare and wellbeing of the people of […]
Global Financial Crisis
The banking sector, as a provider of credit in the form of loans towards personal and business finance: is essential to the growth of the economy and as such, plays a central and pivotal role in capitalistic markets. The GFC almost plunged many economies towards a Great Depression. The […]
Nation Building – infrastructure – Building Education Revolution
Public spending must be done effectively and always represent good value for the money spent. Like any long term debit, the money repaid with interest: can represent two or three times the original debit. Whilst public spending during the global financial crisis was undertaken by governments to maintain employment […]
Nation Building – Infrastructure – National Broadband Network (NBN)
Whilst a fibre optic cable national broadband network would be a ‘nice to have’ piece of infrastructure, the cost for this project is 43 billion dollars (Aus). In a country with rapid population growth, requiring increased resources, such as water, electricity, public transport and education. It is difficult to […]
Government could be run more like a business.
There are merits in running some government services with business principles in mind, such as accountability and cost control. There is limit to the affordability of the public purse. Effective operations should also apply to Government and government departments, to facilitate value for money and to ensure such money […]