#paulkeating — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #paulkeating, aggregated by home.social.
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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. -
@mojo @HardBeingGreen @Devorppa
#PaulKeating was no #GoughWhitlam but #AnthonyAlbanese isn't much of anything. I hope that #JimChalmers can be better than #Keating
#AusPol
#chalmers
#Labor -
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.
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Mainstream media in Australia might finally be starting to wake-up and call-out Trump and his cronies.
Years ago, the Sun-Herald used to be Sydney's broadsheet newspaper, but it has long since lost its sense of balance and political teeth after being bought-out by a succession of increasingly right-wing media moguls. It's quite remarkable that they're printing a headline like this now.
The headline is a reference to a sledge aimed at cowardly, right-wing, yes-men for their support for the invasion of Iraq, "There they are a conga line of suckholes on the conservative side of politics." It was delivered by former ALP Leader of the Opposition and aspiring PM, Mark Latham (when he still sounded sane; long before he got RWNJ brainworms). I've always wondered about that particular line, and mused that his speechwriters were tapping into a vein of former Prime Minster, Paul Keating. He once said John Howard was "Like a shiver waiting for a spine to crawl up."
Amusingly, the subeditor misnamed Jeff Bezos as "Geoff Bezos" in the caption.
This picture was originally posted by someone else on Mastodon without Alt-text, so I have liberated it and added Alt-text.
#Trump #DonaldTrump #Zelensky #Zelenskyy #Ukraine #USPol #AusPol #MarkLatham #PaulKeating #JohnHoward #AltText #UseAltText #JeffBezos #ElonMusk