https://www.youtube.com/watch?v=IRVod4PwQHs#t=35

Australian Prime Minister Malcolm Turnbull said he’s yet to be convinced of the benefits of increasing the goods and services tax unless it boosts economic growth and employment.

The government, which is expected to hold an election in the second half of the year, is looking at an overhaul of the taxation system, including a potential increase in the GST to 15 percent from 10 percent.

The 2008 financial crises and meltdown occurred because large banks were speculating in fraudulent risky loans that failed. When the meltdown occurred, banks turned to the federal government, who immediately bought into the idea that banks were too large to fail, and taxpayers subsidized banks to the tune of trillions of dollars. No one really knows how much the bailout cost, but here is partial list of banks you generously helped out:

Citigroup - $2.513 trillion

In this article of the Daily Telegraph Saturday 6th February 2016, the front page present us with a reason why mergers of NSW Councils could become a massive RORT... Is this a double-cross information wedging preparation in favour of our little emperor Bairdus who of course could magnanimously intervene and protect the former councils' assets?

WE SHALL SEE....

Yesterday afternoon news broke of further job cuts to Australia’s premier scientific institution, the CSIRO. The area most affected? Climate science.

A bitter pill to swallow: 

Apparently the "global warming issue" has been settled in Australia. The Australian government now believes that since "global warming is real", there is no need to monitor it anymore through the public purse. Bye bye CSIRO research and expertise — especially in the new climate of innovation where failure is an option... Is Turnbullshitting us? Yes. He is, with a grand ladle of hot poop. What a lot of rubbish. 

from Crikey…

One of the most startling cases of a government using the fig leaf of “national security” to protect its own interests is happening right before our eyes - and it should have Australians up in arms.