Greg Combet was not born on the wrong side of the tracks. In 1960s Rooty Hill,there weren’t any tracks at all.
Some argue the new mandate for the taxpayer-owned Future Fund won’t change that much. But if that’s the case,then why do it?
Jim Chalmers is a good treasurer,but he is trying to pull a swifty with his new mandate,writes one reader.
Jim Chalmers has accused predecessor Peter Costello of being rolled into a “deliberately unhinged” attack on plans to encourage the $230 billion Future Fund to invest in new homes,renewable energy and cybersecurity.
The former treasurer says the Future Fund was never created to be a “political slush fund”.
The $230 billion Future Fund was created to stop a black hole in the federal budget. It’s now been tasked with investing in housing,energy and infrastructure.
Daisy Turnbull’s point is well made. Where are the backyards to play in? Where are the creeks to dam? Where are the places to cycle to? It would be nice to think we can turn this around,but for many this will not be possible.
Peter Costello will forfeit $374,000 in annual remuneration after the former treasurer’s premature resignation from Nine.
The former Reserve Bank governor has joined the chorus of voices warning that interest rates may have to stay higher for longer.
The former treasurer says it is too early to be calling interest rate cuts despite signs that inflation is easing,and that investors have likely been too optimistic.