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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.