Wall St was down 94 overnight, its biggest fall in a month, while the local market is down 66.
A Fairfax attack on pollies and perks goes national
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It’s an oldie but a goodie. The perks of politicians as they try and disguise the real earn from being an MP are resurrected regularly in slow news times. Electoral allowances, travel allowances, superannuation, overseas junkets - all keep coming under periodic scrutiny as the mob seems to like a bit of pollie bashing. And so it is that Phillip Hudson, Canberra chief of the new Fairfax National Bureau - formed by amalgamating most of the staff from what used to be separate Age and Sydney Morning Herald bureaux - has this morning up-dated the cuttings file with a look at the travel costs of retired Federl members. The gravy plane: 20,000 freebies - says the Sydney Morning Herald of the former federal MPs flying high on the gravy plane by claiming an astonishing 20,000 taxpayer-funded flights around Australia since 2001 worth more than $8.3 million. Ex-MPs on the gravy plane - accompanied by photos of some big spenders in the Melbourne Age POLITICS AND ECONOMICS Australia Political perks The gravy plane: 20,000 freebies - says the Sydney Morning Herald of the former federal MPs flying high on the gravy plane by claiming an astonishing 20,000 taxpayer-funded flights around Australia since 2001 worth more than $8.3 million.
Ex-MPs on the gravy plane - accompanied by photos of some big spenders in the Melbourne Age
Sky’s the limit for pollies with this handy perk - Phillip Hudson gives some details in the Melbourne Age about the scheme Economic matters 6% surge in spending buoys faith in cash splash - Melbourne Age. Sydney Morning Herald version - Swan’s cash handouts stimulate shoppers Building slump threatens buyers, tenants - Sydney Morning Herald Employment Retraining for all retrenched - in a government subsidised training place - Sydney Morning Herald Job seekers won’t get lost in transition, vows minister - Melbourne Age Industrial relations Unions hail win for the lowly paid - as Labor’s new Fair Work scheme comes into operation - Melbourne Age
Unions defy PM Kevin Rudd’s restraint call as new IR era begins - The Australian Curtain up on a new era of workplace relations - The Australian reports on the start of a new system Hotel trio first to approach Work Australia - The Australian Bosses fret over new IR laws - Sydney Morning Herald Leadership Martin Hamilton-Smith refuses to quit Liberal leadership - The Adelaide Advertiser says early counting shows Martin Hamilton-Smith will retain the Liberal Party leadership in this weekend’s ballot Liberals disclaim warning on fakes - the dodgy gate continues to make news in South Australia - The Australian Education Julia Gillard attacks class of clowns on school performance data - The Daily Telegraph reports how a band of Upper House “vandals” has hijacked plans to let parents see league tables showing how their childrens’ schools are performing. Education Minister Julia Gillard last night accused the NSW Opposition of “political opportunism” after it joined a bizarre alliance of independents to force through laws banning the comparative tables from appearing in print. Infrastructure $1.2b Gold Coast desalination plant a dud - Brisbane Courier Mail Consumer Affairs New pricing may cut bills - Melbourne Age. The SMH version is here. Defence $60bn defence hardware plan - The Australian Malcolm Turnbull’s salute in Afghanistan - The Australian reports on the Opposition Leader’s visit Malcolm Turnbull swaps one war zone for Afghanistan - Sydney Daily Telegraph South Australia’s $60 billion defence bonanza - Adelaide Advertiser Overseas students More suicides uncovered among overseas students - Sydney Morning Herald State governments Former chief wants NT govt scrapped - The Territory’s first chief minister Paul Everingham - who fought for and won self-government 31 years ago - told the Northern Territory News he believed all the states and territories were a “waste of taxpayer money”. Lobbying Pay $3300 to meet a Queensland LNP politician - The Brisbane Courier Mail gives the price for access at the party conventiion Opinions Where the ruddy hell were you, Malcolm? - Annabel Crabb in the Sydney Morning Herald goes searching for the Opposition Leader Fatal flaw in Turnbull’s climate compromise - Marian Wilkinson in the Sydney Morning Herald
Pay rise claim has echoes of disaster - David Uren in The Australian on how the claim by ACTU president Sharan Burrow that higher real wages will boost demand repeats an argument pressed by labour economists throughout the late 1970s until it was destroyed by the wages explosion of 1981 which ultimately cost 300,000 workers their jobs. Religion offers MPs an easy way to justify their positions - Carmen Lawrence writes in the Sydney Morning Herald that perhaps it is partly out of a desire to avoid being labelled frauds when they stray from absolute fidelity that Australian politicians, unlike their American counterparts, have worn their religious beliefs lightly, eschewing ostentatious displays of faith or the use of religious precepts to justify or shape policy positions. Economy hit in the eye - Alan Wood in The Australian says the data on housing prices, auction clearance rates and reports in this and other newspapers all point to a housing market that is beginning to run hot again, particularly, but not only, in the area where the Rudd government and state governments have been actively intervening: first-home buyers. Denying recycling just won’t hold water - writes Kenneth Davidson in the Melbourne Age Elsewhere Iran Opposition leaders court arrest by defying ‘unlawful Iranian regime’ - London Times Economic matters Data give signs of global recovery - The global downturn appeared close to a bottom on Wednesday after manufacturing figures from across the world suggested the worldwide recession was running out of steam in all big economies - Financial Times of London China recovery hopes gather pace - Picture mixed elsewhere in Asia-Pacific - Financial Times of London Opinions West’s hypocrites betray Iranians - Greg Sheridan in The Australian seeks the western human rights lobby BUSINESS Annual iron ore price-fixing cracks under pressure - The present bargaining process will eventually be abandoned writes Malcolm Maiden in the Melbourne Age China steel association eases stance on iron ore price cut - Melbourne Age Beijing buckles in iron ore price battle - The Australian New Suncorp chief Patrick Snowball tipped to sell banking wing - The Australian Last drinks for pub king Hedley - Sydney Morning Herald Net account rush crashes Commonwealth Bank site - The Australian ENVIRONMENT Cane toads face grim future - Volunteers are to be enlisted to help kill off the cane toad. But the carnage will not end at the toads. The Rudd Government will fork out millions to eradicate rodents on several Australian islands and feral animals across 178 million hectares - Brisbane Courier Mail Lucky devils put on a brave face - the lucky ones, free from deadly facial tumours that have wiped out 70 per cent of the Tasmanian devil population in the wild - Sydney Morning Herald MEDIA Future of our newspapers is bright, says Hartigan - The Australian reports on the boss at the National Press Club Blogging a dead horse for print - The Melbourne Age reports News Limited chief executive John Hartigan has launched a broadside attack on bloggers and other online amateurs, arguing they are no substitute for professional journalists. Reports of papers’ deaths exaggerated - full text of John Hartigan’s address to the National Press Club in Canberra - The Australian Criticism of ute reports dismissed by John Hartigan - Brisbane Courier Mail Dead wrong: slaughter of the celebrities - It’s been a busy week for celebrity deaths, with Britney Spears, Ellen DeGeneres, Miley Cyrus and P Diddy all shuffling off the mortal coil - if you believe their Twitter pages - Melbourne Age Now sex climbs the greasy pole - Annabel Crabb in the Sydney Morning Herald considers sex in advertising LIFE Law and order
3000 hoon cars seized - Adelaide Advertiser Westfield targets ‘mall brats’ - Adelaide Advertiser Drugs Paracetamol use causes a headache - Melbourne Age. The SMH version is here. Tainted ecstasy will cause overdoses - Brisbane Courier Mail Renewed push to ban cigarette branding on packs - Melbourne Age Funerals Michael Jackson will not be buried at Neverland Ranch - Los Angeles Times Sporting life
Punt Rd enfolds its favourite son - Patrick Smith writes in The Australian that unmistakably, the 18-month break since Kevin Sheedy left Essendon in 2007 has re-invigorated the veteran of 635 matches as coach Kevin Sheedy: I’m ready for Tigers job - The Australian Brett Seymour sacked by Cronulla Sharks - Sydney Daily Telegraph reports on copious drinking, a smashed mirror, a sore fist and even sorer dignity. We take you inside the night that could end Cronulla star Brett Seymour’s career in the NRL. |
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THE PICK OF THE MORNING’S STORIES
















One Comment
Perhaps we need a rundown on why the travel was undertaken. Unless the flights were related to ongoing government service none should be approved.