World BrieflyPaul Keating tells Labor to grow a spine on capital gains tax: 'No entrepreneur will cry'
Mojo ♻️@Gh0stlyM0use @dyckron I see it differently. My view is that Keating’s reforms were part of a difficult but necessary modernisation of the economy, and it’s worth asking what direction Australia might have taken if he had been given another term instead of a change to Howard.
How much better do you think Australia would have been if Keating had continued that agenda for another term, rather than the shift we got under John Howard, which in my view marked the start of the real rot in policy direction?
#auspol #paulkeating
How much better do you think Australia would have been if Keating had continued that agenda for another term, rather than the shift we got under John Howard, which in my view marked the start of the real rot in policy direction?
#auspol #paulkeating
@dyckron Paul Keating is right again. Widely regarded as one of the world’s best treasurers in his time, he understood how tax settings shape an economy.
Australia has spent decades bending the system toward property speculation and passive gains while wages carry the burden. Rebalancing capital gains tax is not radical, it is overdue reform.
#auspol #budget #budget2026 #paulkeating
Australia has spent decades bending the system toward property speculation and passive gains while wages carry the burden. Rebalancing capital gains tax is not radical, it is overdue reform.
#auspol #budget #budget2026 #paulkeating
World news | The GuardianPaul Keating urges Labor to stick with capital gains tax overhaul and avoid exemptions that would hurt economy https://www.theguardian.com/australia-news/2026/may/27/labor-budget-australia-economy-cgt-capital-gains-tax-changes-paul-keating-reponse #PaulKeating #JimChalmers #AngusTaylor #Tax #LaborParty #AustralianEconomy #AustralianPolitics #Business #AustraliaNews
The original superannuation plan from Paul Keating was meant to provide a secure retirement savings system for working Australians — not become a loophole for inter-generational wealth passing tax-free. But over time the scheme has been hijacked: generous tax breaks and inheritance rules mean many wealthy people end up passing on super to their children with minimal tax.
Now foreign leaders like Donald Trump are praising Australia’s super system as “a good plan” — but they seem to be admiring something that departed long ago from Keating’s original vision.
If super is meant to provide a fair pension safety net, it shouldn’t end up reinforcing inequality by turning into a wealth-transfer machine for the rich.
Agreed — Chalmers feels like the only one with a hint of reformist ambition left in Labor. He studied Keating closely, and maybe, just maybe, he’ll prove to be the next Keating — our last real hope for a bolder Australia.
On 15 March 2023, former Prime Minister Paul Keating took on Australia’s most powerful journalists over the AUKUS nuclear submarine deal — and won.
They came armed with a pro-American agenda, ready to silence the one senior statesman willing to question it. Instead, Keating dismantled their arguments with facts, wit and precision.
This wasn’t just a press conference. It was a brutal exposé of how far sections of Australia’s media have drifted from serving the public to serving foreign interests.
#australia #usa #china #british #geopolitics #mediabias #uschinarelations #aukus #foreignpolicy #paulkeating #auspol
Former Australian PM BRUTALLY DESTROYS Pro-American Journalists
The Japan TimesAustralia’s past economic “golden ages” show how bold reforms drove growth, but policymakers now face the challenge of boosting productivity and preparing the nation for a more competitive global environment. https://www.japantimes.co.jp/commentary/2025/09/16/world/australias-third-golden-age/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #australia #australianeconomy #paulkeating #andrewhauser #reservebankofaustralia #bobhawke
Seán na bhFritíorthaWhen Mr. Keating forgets to pay his tax somehow it’s fine.
ALP fans never shut up about the great Keating but somehow forget his privatisation gave us our most monstrous bank (known for charging the dead).
