Treasury

In the early 1990s there was a show on UK television called the Harry Enfield Television Programme. It was a sketch-based comedy that ran for several years. One of the characters was called Mr. You-Don’t-Wanna-Do-It-Like-That. On seeing his daughter and son-in-law doing a spot of DIY the old giffer would barge in and say, “You [...]

The bureaucratic propaganda machine has really ramped up this week. Page 7 of today’s Australian Financial Review (AFR) headlines:
“Super profit tax calls industry’s bluff”
And on the front page the AFR leads with:
“Henry ramps up pressure on miners”
With the subheading, “Claims tax will boost growth.”
To back up the arguments the AFR reproduced a chart and [...]

We admit it. Sometimes we don’t give credit where it’s due.
According to Money Morning reader Terry, we haven’t given enough of to Treasurer Wayne Swan:

“Kris
You are right that the RBA, Treasury and so on are a bunch of d********.
What you don’t know is that Wayne Swan has an independent Melbourne based financial and political strategist [...]