Blogotariat

The Prime Minister, Anthony Albanese, has defended the changes the government has made to the Stage 3 tax cuts.

In an address to the National Press Club, Albanese confirmed that the tax system will remain progressive with the reintroduction of the 37% tax scale. Whereas the Stage 3 cuts excluded people on lower incomes, all taxpayers will now receive a tax cut from July 1, but those on higher incomes have had their cut reduced.

The libertarian economist and newly-elected President of Argentina, Javier Milei, has delivered a strident defence of capitalism at the World Economic Forum in Davos, Switzerland.

Reflecting a growing view being expressed by emerging right-wing leaders around the world, Milei said: “Unfortunately, in recent decades, the main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism. Some have been motivated by well-meaning individuals who are willing to help others, and others have been motivated by the wish to belong to a privileged caste.”

The International Monetary Fund (IMF) has issued a “country report” on the Australian economy, warning that growth is weakening and inflation remains persistently high.

As 2024 starts, a reminder that across the nine federal, state and territory jurisdictions, there are eight Labor governments.

Current Australian Heads of Government & Opposition Leaders – from December 21, 2024

No.
Jurisdiction
PM/Premier/
Chief Minister
Age
Party
Since
Opposition Leader
Age
Party
Since

1.

AUSTRALIA

Anthony Albanese

62

ALP

23.05.2022

Peter Dutton

It is time to review the year in digital technology. Oh, what fun! As with prior reviews, we will arrange this review like an award ceremony.

There are three criteria for an award: