Can You Help?

This website is in imminent danger of being shut down. It has been online since 1995, but the personal circumstances of the owner, Malcolm Farnsworth, are such that economies have to be made. Server costs and suchlike have become prohibitive. At the urging of people online, I have agreed to see if Patreon provides a solution. More information is available at the Patreon website. If you are able to contribute even $1.00/month to keep the site running, please click the Patreon button below.


Become a Patron!


Joe Hockey Speech To Lowy Institute: “The Age Of Personal And Corporate Responsibility Has Begun”

Federal Treasurer Joe Hockey has delivered a speech in which he says the age of personal and corporate responsibility has begun.

Hockey

Addressing the Lowy Institute in Sydney, Hockey said: “Individuals must do more for themselves, they must become more self-reliant. And the business sector must shoulder more of the burden. It must restore corporate accountability, and rely less on government assistance. It must stand on its own feet, and it must pay its fair share of tax.” [Read more…]


Tony Abbott Addresses World Economic Forum In Davos

Prime Minister Tony Abbott has addressed the World Economic Forum in Davos, Switzerland.

Abbott

Abbott began his speech with an overview of world economic conditions and the prospects for growth. He reiterated his election campaign themes and said Australia was now “open for business”.

Abbott said his government’s aim is to ensure that every “fit” person of working age remained in the workforce, either in a paid capacity or some other form.

The Prime Minister spoke of Australia’s role as president of the G20 over the coming year. He said he was looking forward to discussions in Brisbane about the digital economy and world infrastructure. He emphasised the importance of free markets and the need for governments to get out of the way of industry. “Government doesn’t create growth,” he said. “People do, when they run profitable businesses.”

“Better governance is not the same as more government,” Abbott told the forum.

Transcript of Prime Minister Tony Abbott’s Address to the World Economic Forum, Davos, Switzerland.

THIS YEAR’S G20: GETTING THE FUNDAMENTALS RIGHT

Abbott

For more than 40 years, this World Economic Forum at Davos has been an important contributor to global progress.

It has brought together some of the best thinkers and most important decision-makers: not to dwell on problems but to focus on opportunities.

As 2014 begins, it’s easier to be optimistic. [Read more…]


Australia Becomes The World’s 12th Largest Economy

Australia has becomes the world’s 12th largest economy, according to figures from the International Monetary Fund.

The Treasurer, Wayne Swan, said this is a remarkable achievement for a country with the world’s 51st largest population.

Over the past five years, Australia has moved up three places from the 15th largest economy to the 12th, surpassing South Korea, Mexico and Spain.

Media release from Treasurer Wayne Swan.

Today’s release of the IMF’s October 2012 World Economic Outlook shows that Australia is now the world’s 12th largest economy and has leapfrogged three places ahead under the Labor Government, after slipping back three places under the previous government.

As a country with the world’s 51st largest population, this is a remarkable achievement, and demonstrates the Australian community’s hard work and resilience, as well as the Government’s sound economic management, during a time of global economic upheaval. [Read more…]


200 Years of History in 4 Minutes

This video shows Dr. Hans Rosling charting the improvements in health and income around the world over the past 200 years.

The 4-minute clip is an extract from The Joy of Stats. The complete video of The Joy of Stats can be seen here.

Rosling’s GapMinder website describes itself as a “non-profit venture – a modern ‘museum’ on the Internet – promoting sustainable global development and achievement of the United Nations Millennium Development Goals.” It was founded in Stockholm in 2005.


Australia Benefits From Globalisation: Downer

This is the transcript of the speech delivered by the Minister for Foreign Affairs, Alexander Downer, at the Launch of the Monash Institute for the Study of Global Movements.

Speech by Alexander Downer at Monash Institute for the Study of Global Movements.

Globalisation: Global Opportunities And Global Responsibilities

DownerIntroduction

Thank you, Professor Darvall [Vice Chancellor, Monash University], distinguished guests, ladies and gentlemen.

It is my great pleasure to address you on the occasion ofthe launch of the Monash Institute for the Study of Global Movements.

Monash University has responded creatively and very successfully to the opportunities and challenges of globalisation.

It has adopted a global strategy, establishing campuses and research links in Europe, Asia and Africa. [Read more…]


Minor Parties Oppose US Free Trade Agreement

The Australian Democrats and the Australian Greens have each expressed opposition to a Free Trade Agreement (FTA) with the United States.

The proposed agreement has been the subject of discussion between the Prime Minister, John Howard, and the US President, George W. Bush, over the weekend.

Bush has said he wants to reach agreement on a FTA this year and send it to Congress for approval next year. International treaties have to be approved by the United States Senate. No such constitutional requirement exists in Australia. An executive government decision here is sufficient for Australia to become a signatory to a free trade agreement. [Read more…]


Hugs And Unfair Dismissals: Howard Meets With Berlusconi

John Howard has met with the Prime Minister of Italy, Silvio Berlusconi, as part of his European trip.

Silvio Berlusconi, Prime Minister of ItalyThe two men discussed Industrial Relations reform, prompting a question to Howard about whether he would consider a three-year trial of the unfair dismissal laws legislation his government has before the Parliament. The legislation provides for the abolition of unfair dismissal laws as they apply to small businesses employing fewer than 50 people. Howard gave guarded support to the idea and is quoted as saying: “Three years, very interesting time!” [Read more…]


Howard Talks Up Globalisation To Italian Business Leaders

As the Prime Minister, John Howard, wraps up his visits to Greece and Italy, he has promoted the benefits of globalisation to an audience of Italian politicians and business leaders at a lunch in Rome.

HowardThe speech differed little from the speeches Howard has given in a number of places over the past ten days. He attributed a strong Australian economy to major economic reforms over the past 15-20 years and said that the budget surplus had been reduced whilst Australia had become an “aggressive, diverse exporter”.

He said: “I am a very passionate believer in the benefits of globalisation. If you look at the balance sheet over the past 20 or 30 years, you can find examples of previously very poorly developed countries but whose condition has been transformed by them opening up their economies and thereby obtaining the benefits of globalisation.

“But I think it is fair to say that globalisation enjoys a bad press. And that is not meant to be a criticism of journalists. I think it is a recognition though that sometimes Governments and businessmen are not as good as they should be at explaining and selling and communicating the benefits of globalisation. [Read more…]


Tony Blair: Let Us Re-Order This World Around Us

In one of the great speeches of modern times, the British Prime Minister, Tony Blair, has outlined a persuasive case in support of military action against the Taliban regime in Afghanistan.

BlairIn the powerful, and at times emotional, speech, delivered to the annual conference of the British Labour Party in Brighton, England, Blair said that international terrorism would be fought “at every level, national and international, in the UN, in G8, in the EU, in NATO, in every regional grouping in the world”.

As President Bush said in his address to the US Congress, Blair said “those that finance terror, those who launder their money, those that cover their tracks are every bit as guilty as the fanatic who commits the final act.” [Read more…]


Costello Defends Globalisation; Speech Stakes Out Election Position And Leadership Credentials

In a speech to the Sydney Institute last night, the Treasurer, Peter Costello, has defended the process of globalisation. In so doing, the Liberal Party’s deputy leader has attempted to seize the initiative in the forthcoming election campaign. The speech also represents an articulation of his leadership credentials.

CostelloIn the speech, Costello argues that the critics of globalisation do not understand what is happening in the world or what has happened in Australian history.

He said: “Globalisation is a description of the fact that countries and their citizens are affected by other people, or governments, or businesses, or decision-makers all around the world. And because communication is faster, and transport cheaper, the connections are more immediate and more intense than ever before. The telephone which first connected suburbs now connects the world and optic fibre transmits data, money, email, knowledge from business to business, home to business, home to home across the world.

“As I have previously argued globalisation is not a value, it is a process. Globalisation describes what is happening. And ranting against globalisation is like ranting against the telephone. You can use the telephone for good or for ill. So too the wider process (of which the telephone is part) can be a force for good or ill. [Read more…]