In April 2009 as Australian Treasurer I attended the G20 Leader’s Summit in London in response to the Global Financial Crisis. The expansionary economic policies promoted at that meeting helped prevent the Great Recession caused by the GFC from metastasizing into a second Great Depression. The summit proved that global economic cooperation can succeed, even in the face of the most severe crises.
Read MoreTen years ago, the global financial system was rocked by the largest crisis since the Great Depression.
Read MoreHistory will conclude that the critics of Labor’s GFC response 10 years ago were hopelessly wrong. By avoiding a sudden, deep recession, Australia also avoided testing out what its effect may have been on our democratic system.
Read MoreIt’s no secret how critical Queensland will be in determining the outcome of the next Federal Election.
Read MoreBernie Sanders rightly rails against the US corporate media for uncritically amplifying Donald Trump, the man with the loudest megaphone in the world, while the voices of the people worst hit by the US President’s policies are increasingly choked off.
Read MoreOnce again Labor’s 2013 tax transparency legislation has proven that sunlight is the best disinfectant. Last week the ATO revealed that one in three public corporations paid no corporate tax in the 2015-16 financial year, echoing the results from the previous year and exposing the maliciousness of companies that engage in corporate tax evasion.
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