British economist and former Citi trader Gary Stevenson warns that Australia is losing its "fair go" ethos due to a worsening housing crisis and widening wealth gap. During an Australian speaking tour, he told the ABC that governments worldwide are failing to seriously tackle inequality. Stevenson advocates for higher wages, improved housing affordability, and tax reforms that take more from the wealthy to boost living standards for low and middle-income households. He warns that without action, Australia will face the same decline in public services and rise in poverty seen in the UK and Europe. Despite his large YouTube following, Political leaders, trapped in "bubbles," are resistant to changing the economic status quo.

#garystevenson #australia #fairgo #housingcrisis #wealthinequality #economicinequality #taxreform #livingstandards #publicservices #poverty #uk #europe #abcnews #abcbusiness

https://www.youtube.com/watch?v=cB9pK0qHSoA

Imagine this: While you're grinding away at your job, paying full tax on every dollar you earn, 24,000 millionaires got a massive tax break on their investment profits — pocketing an average $271,000 EACH from the capital gains discount in just one year. That's nearly 1,500 times what the typical worker sees from any tax perks.
This handout costs us all $247 billion over the next 10 years — money that could fix housing, hospitals, or schools instead of pumping up house prices and making life harder for the rest of us.
It's not fair that wealth gets a 50% discount while your wages get taxed hard. Time to scrap this rich-only perk and tax wealth the same as work.
#Auspol #FairGo #TaxTheRich #HousingCrisis

https://www.9news.com.au/national/capital-gains-tax-discount-24000-millionaires-pocketed-half-the-gains-oxfam-australia-finds/d08e4b7a-1814-460c-b697-654ecd3cd517

@usluck
The Australian Govt: 'We can’t afford to put dental into Medicare.'
Also the Australian Govt: 'Anyway, here is $7,000,000,000 for private health insurers so they can keep their profit margins high and their executive bonuses fat.'
The math isn't mathing, but the lobbying sure is, welcome to capitalism for the poor, socialism for the rich.

#dentalinmedicare #bupa #medibank #fairgo #publicservices
#auspol #medicare #healthcare #australia #corporatehandouts #dentalinmedicare #neoliberalism

Investors enjoy billions in tax perks while first home buyers are pushed further out of reach. Negative gearing and CGT discounts aren’t “housing policy” — they’re handouts to the wealthy. A fairer system would redirect this money into public and affordable housing, giving everyone a chance at a secure home.

#auspol #housing #inequality #negativegearing #fairgo

https://amp.9news.com.au/article/7c471643-8377-4927-9575-acddb6b5d297

We're listening to a social artifact from #Australia in the #1970s.

#Unionism, the bush, serious young men, & bush dance music all packaged up by #PaulHamlynPtyLtd for consumers.

#FreedomOnTheWallaby by #DaveDeHugard and the Bush Band.

" ... independence, mateship and disregard for the boss had already been established by the convicts, early settlers and miners ...".

Good stuff. Though the #FairGo was restricted in who was eligible - women & Chinese being just some of those excluded.

#AI #Avatars Are Doing #Job #Interviews Now

“This #HR AI avatar is a perfect demonstration of late stage capitalism,” Jack Ryan, someone who was interviewed by a tool called Fairgo.ai, told 404 Media

Registration required at 404 media or go to Slashdot for excerpts
#fairgo #jobs #jobsearch

https://www.404media.co/ai-avatars-are-doing-job-interviews-now/

Fair Go is the canary in the coalmine of investigative journalism. It's imminent demise is deeply troubling.

Whatever their opinion about the political neutrality of the contemporary news media - or whether broadcasting should be a public service, a business, or a mix - most kiwis value what a program like Fair Go does. It still gets huge audiences on broadcast TV.

How can there be no public service media funding for something like Fair Go?!?
https://www.rnz.co.nz/national/programmes/thepanel/audio/2018929333/the-panel-speaks-to-kevin-milne-about-fair-go-being-axed

#Aotearoa #NZ #TV #FairGo