Economists Say Budget Surplus is Unjustified

Several well-known economists have criticised the large Budget surplus recorded by the ACT Government. They have accused the Government of poor economic management and they all say that the Government should be spending some of the surplus instead of sitting on it.

ANZ Chief Economist, Saul Eslake, was not impressed with the ACT Government’s financial management. He said that the ACT surplus stood out from that recorded by other states. “It’s a big miss, it’s hard to understand,” he told the Canberra Times (17 August).

Mr. Eslake said that the surplus raised questions as to whether school closures had to be so severe.

Continue reading “Economists Say Budget Surplus is Unjustified”

School Flagpole Farce

Remember Brendan Nelson’s edict that every school in Australia should have functioning flagpole and fly the Australian flag? It was part of the Government’s plan to promote Australian values and patriotism.

It also had a Government self-promotion component. As a condition of receiving Federal funding for flagpoles, schools were required to invite a coalition MP to a flag-unveiling ceremony, publish a picture of the MP in the school newsletter, and erect a plaque acknowledging that it was a gift from the Government.

Well, apparently Government MPs haven’t been turning up to the ceremonies and this has meant that many schools have been unable to meet the conditions for Federal funding. It seems that some Government members are not as committed to public patriotism as their leaders would wish. Continue reading “School Flagpole Farce”