Surely, it’s time that the saying, “When Wall Street sneezes, the rest of the world catches pneumonia”, was updated. It retains some veracity because the New York Stock Exchange is the biggest in the world, US banks are the largest and the US economy is the global heavyweight. But what about China? What if Beijing…

In the thick of Australia’s greatest era of social and cultural reform, a vice-regal coup succeeded in overthrowing the elected government of Prime Minister Gough Whitlam. It was November 1975 and the capitals of the Western world were swirling with hyper-inflation, OPEC’s “oil shock”, massive government debt and rising unemployment. A year earlier President Richard…

This week’s Federal Budget was not about Australia’s economic future. And it wasn’t about the future of the country either. Its overriding purpose was to rescue Prime Minister Tony Abbott. It was the “Save Abbott” budget. It sets the stage for a snap federal election between now and the end of the year. He has…

Politicians, the media, the RSL and the military lobby have kicked an own goal. Incredibly, they have managed to tarnish the Anzac legend and turn off a large number of Australians. How did they do it? By crassly politicising the event and grossly commercialising it. The Abbott Government invested some $200 million in the 100th…

Objectives of the mission by Australian Defence Forces in Iraq/Syria, masterminded by Field Marshal Tony Abbott, change from week to week. Amid the release of bloodthirsty and homicidal ISIS videos late last year, Abbott wrapped himself in the flag and ordered Special Forces and RAAF warplanes to “destroy the death cult”. Instead, Australian aircraft became…

Just before New Year the Abbott government’s final action as chair of the UN Security Council was to vote against a resolution supporting the establishment of a Palestinian state and ending Israeli occupation of the West Bank, Gaza and East Jerusalem. The only other country to vote against the declaration of Palestinian national rights was…

I rejected social democracy in the early 1960s when I worked on the Mount Isa Mail and saw the Labor Party and trade union leaders betray the miners who were struggling for a pay increase against US-owned Mount Isa Mines Limited. Jack Egerton, later Sir Jack, president of the Queensland Trades and Labor Council, and…