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Showing posts from May, 2015

The Principles of Arts Funding and Why It's Unwise to Cut Off Your Arm

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One of the driving beliefs of the 2015 Federal Budget is that small businesses are well placed to energise the national economy. They are strong of arm and ready to 'have a go', as the language of the budget has it.  The budget certainly helps them to get moving. If a small business has an annual turnover of less than $2 million, from now until 30 June 2017 there’s an immediate tax deduction for every item purchased up to $20,000 (the threshold used to be $1000). Cars and vans, kitchens, machinery, computers... anything under $20,000 bought for that business is instantly 100% tax deductible. There is more: the company tax for these businesses is cut from 30% to 28.5% - the lowest small business tax rate in more than 50 years - and there’s a fringe benefits tax discount on mobile electronics. All in all, it’s a $5 billion boost to GDP over two years. Quite an adrenaline hit for the economy. This is the opposite of ‘trickle-down economics’ – the idea that econo

Principles matter

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When two Australians were put to death in Indonesia last week , the idea that the death penalty is simply wrong was at the heart of protest. In this sense, it did not matter whether these two men had been rehabilitated or not. Capital punishment is not right, anytime, anywhere. We do not accept that race, gender or religion should be the basis of discrimination. Tanya Plibersek makes the point that support for marriage equality should be seen in these term s. She reminds us that her political party, as a matter of principle, does not believe in discrimination before the law and so should, as a body, support the equal right of people to marry irrespective of gender. It is not, she argues, a matter of 'conscience', but one of principle. It's difficult to argue with the logic. Whether it's good politics or not is a different question. It might well inhibit the passage of any relevant legislation through the parliament. But maybe principles should com