If private savings and investments are to increase, then the people must reduce their consumption. However, there is a danger that households might maintain their current living standards and savings levels might decrease.
Militant trade unionism is not the only reason for our declining living standards and the difficulties of balance of payments but there is no doubt that both would be improve without it.
Economic necessity is forcing the individual to accept change and in the long run good procedures in support of good principles should generate good outcomes.
The importance of Menzies, Locke & Co for our current problems whether their insights and actions will enable us to think more effective about solving our current situation.
The government has already implemented all the tax cuts it can afford and avoiding the real issue of expenditure. A good budget that does not achieve surplus of a billion without new taxes is a bad budget
Governments are more interested in social messages than in evaluation and revelation when it comes to funding the arts.
Another reason why the average man who isn't interested in the arts is forced to subsidise the arts is that civil servants and politicians fancy themselves to be part of the elite.
Should child welfare payments be directly to single parents to be self-sufficient, most taxpayers would be happy for it to be so. However, the resources are being urged to be diverted by militant feminists to schemes that will increase the child care costs per child.
The cause of the Great Depression was not the stock market collapse but the result of poor government policies. The politicians should allow the markets to adjust accordingly instead of intervening and making things worse.
Today, most people believe that the state has prime responsibility for lesser familial services such as education, childcare and providing financially for the aged.
Most families that do meet the welfare needs of their members succeed far better than those that don't.
Public debate is essential but if Senator Stone alienates his colleagues, they can make him irrelevant and the public won't listen to him.
If he does not want to be made irrelevant, then he must accept that no one can be a shadow minister or otherwise without making concessions to cabinet solidarity.
Too many Australians deplore a lack of political leadership, we need to tell our leaders to follow the best worldwide examples and accept that we will need to modify our behaviour accordingly.
Due to the cultural differences and even with land rights for Indigenous Australians, Indigenous Australians have not prospered in comparison with the rest of society.
We need stop denying the best of all our cultures.
Legislators are above the law in that if they do not like a law they can amend it. However, they can never be above the principles of justice and equality.
A state that confers privileges that it cannot legitimately justify is corrupt.
Any paid academic must be held accountable for the value of their salary and academic freedom is best protected by an absence of government funding and a large range of sponsors.
The Robe River Iron Associates (RRIA) should not be demonised for using the law to recover their company property and their poor public relations should not be used as an excuse to bully them.
Socialists must decide between their abhorrence of the markets and helping the poor. Only when wealth is created, that it can then be diverted to assist the under-privileged can be help.
To protect the public from monopolies, the best alternative is to allow competition. Any reduction will reduce the pain of getting our economic house in order.
Democracy, especially in America, means that all possible technical, tactical and political errors that contributed to a tragedy will be exhaustively discussed.
If the National Dries do not disown any plans to strengthen the Australian Wheat Board's control over the domestic market, the voter may not have much choice except to vote for the Labour party.
Diversity is potentially a source of program but also of factionalism. Children of immigrants would seem to be integrating into Australia given their excellent exam results.
The WA government should not have initiated public sector activity which displays the usual inefficiency.
The real problem is that that when Western Australian politicians introduce government into commerce, they often abuse the trust that is placed upon them.
Without leadership, Australians will probably not stumble out of our well-established round of slow growth, poor investment and current account deficits.
A vengeful man should not be entrusted with the power of the Prime Minister.
The economic objection to an industry paying less than its share of taxation is that some other industry will have to pick up the slack and comparative advantage of each industry is ignored.
When the government privileges some newly declared Australians over the rest of Australia, the government violates the implied authority given to it to treat all Australians equally.
Politicians have been promoted to their level of incompetence and the only way to cure that is they are only allowed to create general conditions for the people to better themselves.
The greatest danger for the Western Australian citizen is that Petrochemical Industries Company Limited (PICL) is that the state government purchasing a large amount of PICL shares and any inefficiencies in the way that the company is run is then covered up by subsidies.
Foreign debt servicing can only be possible through deregulations, only then can investments flow into Australia and the level of foreign debt reduced.
Before we give governments that power to do damage to the world economy, we need to be reasonable sure that there is a crisis in the world ecosystem and that any action proposed as net benefits.
Mr McLachlan's H.R Nichols Society address was significant in that it addressed waterfront work practices and he is a future Liberal MP with leadership potential.
The whole point of the Liberal policy was the salary of pilots should be market driven but the leader of the Liberal party missed the opportunity to educate the Australian people on the least painful way to bring the current account into balance.
Since the Prime Minister cannot subsidise every everyone that has been disadvantaged by a strike, he should not subsidise the wealthy that have the ear of the government.
Many government programs subsidise employers to hire apprentices. This is admitting that young, unskilled employees are overpriced due to the minimum wage.
Miners are ordinary people who for the most part, love nature. By demonising them, environmentalists gave up the chance for BHP to use its resources for their cause.
The overall thrust of the policy is pro-employment but falls well short of solutions for the problems outlined. Nevertheless, it is a step in the right direction.
The fundamental reason why the labour market deregulation has not proceeded was indicated by a trade union official belief that most of society cannot get along. Unfortunately, he did not believe that most of society would appreciate directing their own affairs.
The most important lesson that we can learn is the export orientation for the most successful countries is high and even going to the extent of subsidising exports.
We tend to think the bankruptcy causes unemployment and loss of assets, by bailing out bankrupt companies, we subvert the ethics of the free market in redistributing over-valued assets under new management.
The public suffers a bigger government than it would had the States be willing to raise their own tax revenue as the Federal government is able to raise more taxes than the individual States.
Even with land degradation being a serious issue, most cases can be avoided by individuals managing their own affairs in an orderly manner. We do not need a totalitarian organisation telling farmers what to do with their land.
Free trade has always been in Australia's best interests. The Liberal's trade policy has called for Australia economy to be integrated internationally by the year 2000.
The general thrust of the Democrats policy is extremely irresponsible. Anyone considering voting for the democrats should study their policies, which pander to vested interests.
Dick Klugman, a Labour MP is retiring this election, he has been a voice of sanity and his greatest success according to him has been influencing his colleagues to look more critically at commonly accepted propositions.
While it is unfortunate that our votes cannot change the balance of power within the political parties but that does not absolve us from choosing wisely.
There needs to be an extra-parliamentary inquiry so that the real lessons of WA Inc will be taught to future administrators so that future governments will know how to conduct themselves.
Mr Greiner's 'Earth Day' speech outlined an approach to environmental management that doesn't prevent the achievement of other values which most people hold dear.
The Governor General's speech committed the government to economic reform but did not give the impression that the Government had policies to deal with urgent issues.
The average collectivist greens person does not want to increase immigration either because of greed or prejudice. However, a larger population will preserve the environment if a system of private property rights is maintained.
Democracy is not concerned about political succession compared to totalitarianism. As a nation's citizen become wealthier, they tend to demand democracy.
The ultimate purpose of the immigration/refugee policy should be to permit as many people as possible to enjoy liberty and prosperity as Australian can offer them.
The selection criteria can be improved by making it as objective as possible.
Telecom is Australia's biggest state-backed monopoly. It should be broken up and privatised. However, the biggest opposition to such a plan is political not economic with 85,000 employees.
Dr Bruce Ames is a scientist that has specialised in carcinogens and he has indicated that we consume trace amounts of deadly chemicals and we should vary our diet to ensure the exposure is remains small.
We should not slavishly follow any other country, but we can learn from some. The legal and moral restrains that support a free-market economy should be reformed to make them better.
One possible consequence of current corporate troubles is new laws that constrains the honest, enables the dishonest and raises inefficiencies. Donald Trump might consider emigrating to Australia.
As New Zealand and New South Wales have shown, it is possible to make enormous public section efficiency gains by rigorous accounting and management practices and by allowing private firms to compete with the public sector.
The lesson is blatantly obvious. Businesses and skilled labour are mobile and are increasingly becoming more so. Governments that do not offer a commercial environment that are attractive as any other state stands to kill the goose that lays the golden eggs.
The reason why Government privatise public companies is to make them more efficient. The reason why they don't is that they fear the wrath of employees and the subsidised consumers.
Ideas are not caught, they are given. Political Ideas can have powerful consequences and a club-like activity is one effective means of propagating ideas.
Although new technologies bring risks, they also confer benefits and the two cannot be separated. Nuclear power generation is the cheapest form of power generation and would elevate the pressure on coal and oil supplies.
The attacks on liberal policy are dishonest; those that are unable to discredit the ideas often obfuscate and misrepresent the ideas and confusing even Liberal Party members themselves.
Markets provide feedback for us to correct past mistakes and embrace new opportunities. By taking what doomsayers at their own value, if we implement policies that restrict opportunities, we place our society in real danger.
Although a consumption tax is a better tax base than income tax, it is difficult to administer. The best solution would be to minimise government spending.
The Coalition lost the chance to win the votes of ordinary sensible environmentalists, it could have announced the best possible combination of environmentalism and jobs.
Politicians must face the political problem posed by wealthy, high-risk users of Medicare who would be worse off should the system be made more competitive and fairer. Politicians cannot compensate all and will have to decide who cannot afford to lose Medicare benefits.
The market should help investors distinguish between high-risk investments masquerading as low-risk investments, however, regulations and public ownership is not the answer.
Australians have learnt that we cannot control the behaviour of the rest of the world and we would be better off selling uranium that we produce to parties that are strictly vetted.