That’s saddens me, I think he’s a thoroughly decent bloke. And I don’t say that often about politicians.
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Dutton having a crack at Albo bringing in 1 million people in 2 year period when only 265,000 homes built.
without migration would be in recession now.
Liberals started increasing immigration, bit rich to have a crack at Albo.
But population growth has added significantly more spending to the economy than the RBA rate rises have taken out.
Almost all annual job creation is government funded, which has kept pressure on inflation. (not all frontline medical staff)
If the RBA sticks to Bullock’s script, we will look plain dumb when the USA starts cutting interest rates.
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I am not aware of any Australian VC earning less than $1.3M tax free PA.
Sometimes I do wonder why politicians are provided such generous super and retirement benefits, when most of them go on to very well paid sinecures post politics (if not a government appointed job such as an ambassadorship or heading up a QANGO).
Even the most hopeless cases and damaged ones get put onto the AAT.
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LOL
Most CEOs are accountable to a Board and Shareholders, a VC is accountable to no-one.
$400,000 as Minister for shitfeast like NDIS, or $1,200,000 as a VC, never having to campaign, listen to whinging Party Members and not having the heartache of NDIS.
Bill Shorten is a good bloke who should have been PM, so good luck to him.
Should add, that Bill also gets a very nice Super package on retirement asMP as well.
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But there are significant differences in the roles according to the University.The ANU, with its research emphasis is the opposite of the University of Canberra, which is more regionally based and undergraduate driven, not competing so much at the international level, not chasing so much the corporate or government big bucks, not beholden to the corporates or the tertiary fashions of the day, not like the Australian Catholic University chasing subsidised programs in the State capitals.
It’s a coup for the University of Canberra to secure a high level politician with connections and influence, who knows how stuff works, the negotiating skills to get funding for studies that have been cut elsewhere.
I thought Bill always hit the jackpot based on who he married.
Talk about punching above your weight.
Mind you she was a married woman at the time.
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There was a media report ( behind paywall) in late July, that the VC of Canberra University got a 71% pay rise 6 months before his sudden resignation. That placed him as about the highest paid VC in Australia. IDK whether that salary has since been adjusted.
In contrast, Nobel Prize winner Brian Schmidt was about the lowest paid ( around $800k) as VC of the ANU.
Incoming dumb question…
Why is it vice chancellor, and not just chancellor?
Levers government could pull to curb inflation rather than interest rate rise by RBA
- Temporary increase to GST
- Reduce migration to a level reflecting housing supply equilibrium
- fix energy policy so we are not paying more for gas than nations importing our gas on the other side of the globe
- long term - construct public housing homes to reduce demand on private sector housing
- increase super contribution max for high earners
- Reduce Government spending
- target Government surpluses to allow money to exit the system and address deficits whch contribute to inflation.
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Chancellor is a thing already. I think it’s just a ceremonial title for a figurehead who doesn’t actually take part in day to day operations.
Vice-chancellor is equivalent to a CEO.
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Chancellor is like Head of State, symbolic but prestigious, well connected . IIRC Julie Bishop was appointed Chancellor of ANU when she quit politics, not her day job.
FFS Bill — you were meant to line up the Windy Hill funding first.
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Canada has just had its 3rd cut in 4 months. Down .75% since June, ( now 4.25%)
Forecast is now 2.5% by the end of 2025 as the landing spot. The Fed is also about to cut in September if reports are accurate. And the head of the BOC- Tiff Maklem- has all but suggested they overcooked the rate rises and waited a little too long to reduce. He is pretty tight with Jerome Powell, and the thought is that Canada wouldn’t drop if the Fed were not doing the same, ( they don’t want too much disparity between the CAD and USD for trade reasons)
Bullock may have this a little wrong.
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I think most people could see through yesterday’s spin from Jim that world factors were the cause of the weak situation in the economic/ inflationary environment and blaming the RBA. I think he and the govt have done their decent bit to drive ‘higher for longer’ rates. And also state govts.
I think addressing falling productivity is the big step needed and I think that means proper reform which is always less likely in 3 year elected terms.
Better take Blitz offline, would improve my productivity
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Remember, Aust was among the last to lift rates, and it’s therefore unsurprising the inflation / rates are slower to come down…
And govt here have also created ‘home grown’ inflation through domestic policy which is harming the ambitions of the RBA to cut rates sooner.
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Yeah!! EFC did a bit of power broking over the last few years but things fell flat. Damn a cost of living crisis! Except if in Geelong.
No, we just need to take our Comm Games cost cutting methods and apply in a lot of Govt. portfolios.
I’m not so keen for health or education. But most other things are fair game.
We could get Govt. expenditure down like 85%.
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Cardboard submarines! What could possibly go wrong. They can still be nuclear right?
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