Tag Archives: Australia

What Joseph Stiglitz says

12 Jul

Two big lessons of economic research over the past 10 years are that inequality is not the result of inexorable laws of economics but rather of policy; and that countries that adopt policies that lead to high inequality pay a high price – inequality not only leads to a divided society and undermines democracy, but it weakens economic performance. Hopefully, as Australia debates its new government’s budget and economic “reforms,” it bears this in mind.

Joseph Stiglitz is the winner of the 2001 Nobel Memorial Prize in Economics. He is a former chairman of President Clinton’s Council of Economic Advisers and Chief Economist of the World Bank. His most recent book is The Price of Inequality: How Today’s Divided Society Endangers Our Future.

Read more: http://www.smh.com.au/comment/inequality-why-australia-must-not-follow-the-us-20140706-zsxtk.html#ixzz37CagNfYh

Homelessness in Australia

11 Jun

http://theaimn.com/kids-ok-can-go-beg/#comments

If you go to the above link you are going to find a very well written post about social conditions in Australia published by

THE AUSTRALIAN INDEPENDENT MEDIA NETWORK

The Budget, Housing and the State of Economics

3 Jun

I received the following as an email already on the 26th of May. I am a bit late in thinking about publishing it. But it might still interest some bloggers in Australia who are interested in Earthsharing & Prosper’s insights on budget, housing and the state of economics

I ask myself, why are capital gains ignored in the budget?

THE ENEWS OF PROSPER & EARTHSHARING AUSTRALIA
MAY 2014

The state of economics

Welcome to the second Evolving Economics enews, combining the Earthsharing and Prosper Australia news lists. This knowledge is important in an age of entitlements, where welfare is demonised and unearned incomes (a.k.a. capital gains) are ignored. Take a quick look at these budget costs:

Jobseekers – $10bn p.a
Family Tax Benefits – $19bn
National Disability Insurance – $17bn
Medicare – $20bn
Imputed rents (unrealised capital gains) – $484bn in residential real estate alone.

So why tax students, the poor and the productive when so much revenue potential exists in economic rents?

With much talk about the ‘1996 Howard Costello tough budget’, we are reminded of the change since. In 1996, First Home Owners borrowed just $95,000 on average. Today that has more than tripled to $303,000. Wages have only increased by $214%, compared to 319% in housing (read land) costs.

This federal budget will cost the poorest 20% of the population, the lowest quintile, $2.9 billion over four years. However the wealthiest 20%, those earning $88,000 or more, will pay just $1.78 billion – 40% less.

It is time the public spoke up on the record capital gains occurring in housing, mining and other natural monopolies. That is our specialty here on the Evolving Economics enews. We hope you find this information of use and can join us to maintain this knowledge base, continuing to push governments towards a refined economic system that encourages productive activity over speculative largess. See our recent press releases.

GABBYS AT BERRY

2 Jun

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This is the Gabbys House where you can have High Tea ($45 per person) for a Relaxed and Delightful Afternoon! Maybe we could consider this for my 80th Birthday? Well, just a thought.

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Or what about this place for Lunch? Lunch would probably cost only half as much. Plenty of time to think about it, more than three months actually.

But now let’s go along Queen Street a bit more. We are actually now on the side of Queen Street where the Old Post Office Building is.

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On the way we saw this map in one of the windows.

On the way we saw this map in one of the windows.

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This Bakery Shop is somehow connected with the French Bakery Restaurant in the other street.

This Bakery Shop is somehow connected with the French Bakery Restaurant in the other street.

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We had done a lot of walking and headed back to our car.

We had done a lot of walking and headed back to our car.

Just outside Berry Peter stopped the car again to get out and take a picture of the beautiful landscape. I felt tired and stayed in the car. But I took some pictures from inside the car and later on I tried to catch from inside the car a bit about the road building activities. Peter had to drive slowly within the construction area.

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Everywhere are sections where a lot of earth has to be moved for the widening of the highway.

Everywhere are sections where a lot of earth has to be moved for the widening of the highway.

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A new bridge is being built.

A new bridge is being built.

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A truck that's being used for road building.

A truck that’s being used for road building.

The ocean can be seen a bit to the right of the road.

The ocean can be seen a bit to the right of the road.

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Passing Kiama Exit

Passing Kiama Exit

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Passing Old Kiama Cemetary

This old Kiama Cemetery can be seen from the highway.

Visiting Berry (continued)

2 Jun

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This is “Paulchen”, our fourteen year old car. In 2001, when Peter’s sister Ilse stayed with us for three months and “Paulchen” was still fairly new, Ilse lovingly called the car “Paulchen” . Whenever we tried to make a sly remark about the car, she would not tolerate it. She always urged us not to say anything bad about “Paulchen”. Apart from a few little dents, “Paulchen” is still okay, good for a drive in our surrounds.

I think we reached Berry on Saturday at around 11am. We were lucky to find a parking spot straight away right in front of the French Bakery Restaurant.

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Another view of our parking spot. To the right we noticed a beautiful cottage

We thought this cottage looks lovely.

We thought this cottage looks lovely.

The Restaurant is next to the cute little cottage.

The Restaurant is next to the cute little cottage.

The restaurant was originally a barn. It was cuddly warm with a heater switched on.

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Soon our coffee was served in big cups.  The pram in the background was a joy to watch it kept bouncing up and down the way a cradle would.

Soon our coffee was served in big cups.
The pram in the background was a joy to watch. It kept bouncing like a cradle!

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And yes we had Eggs Florentine and Eggs Benedict on sourdough bread with hollandaise sauce.

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The couple with the baby left the restaurant about the same time we did.

The couple with the baby left the restaurant about the same time we did.

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I took a picture of Peter before I sat in the car.

I took a picture of Peter before sitting in the car.

This picture is taken through the wet windscreen of the car.

This picture is taken through the wet windscreen of the car.

There must have been a little bit of drizzle while we had been sitting in the restaurant.

There must have been a little bit of drizzle while we had been sitting in the restaurant.

After our beautiful meal we felt energised to go for a walk through town. The restaurant had been filling up while we were in there. We noticed people had to queue up for seats and parking spots in the street might soon be getting scarce. I urged Peter to drive to the other end of town where we could probably find a parking spot not too far away from the street where all the shops are. We actually were able to park the car somewhere else without any problem. Our walk along the shops could begin!

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This is enough window shopping for today. There are still more pictures to come in my next post!

Visiting Berry

1 Jun

Berry is a small Australian town in the Shoalhaven region of the NSW South Coast in the state of New South Wales, located 145 km (90 mi) south of the state capital, Sydney.
History
The indigenous people of the area were the Wodi Wodi people. In the 1810s, George William Evans, Government Surveyor, reported on the Berry district as a possible settlement and on the good stands of red cedar. Subsequently, itinerant timber cutters visited to cut and send cedar to Sydney.
Alexander Berry, with his business partner Edward Wollstonecraft, pioneered European settlement in the Shoalhaven region in 1822. The locality was known as Broughton Creek from its beginning in 1825 as a private town and part of a large rural grant holding called “Coolangatta”. The name was changed to Berry in 1889, following the death of David Berry, Alexander’s brother, to honour the Berry family.

 

Geography and landmarks[edit]

The township of Berry lies on the South Coast Railway, and on the Princes Highway (Highway 1) between Nowra and Kiama. For much of its early history the town depended on timber cutting and dairy farming, with a tannery and boat building also present, but today, Berry thrives on tourism, with many souvenir shops, art galleries, antiques and collectibles shops, cafes, restaurants, and hotels. A local public hospital bequeathed by the Berry family, the David Berry Hospital, now serves as a rehabilitation hospital and palliative care hospice.

All this is taken from the Wikipedia. To find out more, please look here:

http://en.wikipedia.org/wiki/Berry,_New_South_Wales

 

I took yesterday a lot of pictures in Berry. Here are just a few of these:

 

At the Berry Hotel Lodgers are welcome.

At the Berry Hotel Lodgers are welcome.

 

 

 

 

ALPACA BURGERS are advertised at the Berry Hotel.

ALPACA BURGERS are advertised at the Berry Hotel.

Opposite the Hotel in Queen Street is an Old Post Office Building. It is from 1886.

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There are 'Posthouse Rooms' in the old Post Office Building as well as a Restaurant called LEAF.

There are ‘Posthouse Rooms’ in the old Post Office Building as well as a Restaurant called LEAF.

LEAF stands for “Love Eating Asian Food”. They tell their customers the following:

“It’s our pleasure to serve fresh, healthy and delicious Thai-Vietnamese dishes to you!
Please come visit us to enjoy your lunch and dinner.
With Love
From LEAF

P.S. Fully licensed. BYO (Wine only)”

Some of the Outside Sitting Area of the LEAF Restaurant.

Some of the Outside Sitting Area of the LEAF Restaurant.

This is in commemoration of Alexander Berry who lived from 1781 - 1873.

This is in commemoration of Alexander Berry who lived from 1781 – 1873.

Next to the Alexander Berry monument is a little park where I took some pictures of Peter.

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I think Peter looks here at his iPad.

I think Peter looks here at his iPad.

To be continued!

Sydney Royal Botanic Gardens

20 May

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We had come  past these gates when we arrived at the gardens.

We had come past these gates when we arrived at the gardens.

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We stroll in different directions.

We stroll in different directions.

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Isn't this a remarkable tree?

Isn’t this a remarkable tree?

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And who's hiding here?

And who’s hiding here?

Peter took this picture and also the following ones.

Peter took this picture and also the following ones.

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All pictures were taken on Saturday, 17tth of May 2014.

Breakfast at the Hilton Hotel, Sydney

18 May

http://www.hiltonsydney.com.au/restaurants-bars/glass-breakfast-detail

 “With the undeniable charm of Sydney’s breakfast culture, why not begin your day with a sumptuous breakfast at glass brasserie? An exquisite a la carte menu or our bountiful buffet will whet your appetite.”

“. . .   indulge in the finest breakfast in the city whilst enjoying a captivating view of the Queen Victoria Building from glass brasserie’s vast floor to ceiling windows. What better way to start your day?”

” . . .  breakfast and a glass of sparkling with loved ones . . .  “

 

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This was Saturday, the 17th of May 2014.

This was Saturday, the 17th of May 2014.

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This special event is the Sydey Half Marathon.

This special event is the Sydey Half Marathon.

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http://www.smhhalfmarathon.com.au/
Find out about running the Sydney Morning Herald Half Marathon, secure your place using the online entry system and learn how you can run for charity.

The last time Peter did run in the Sydney Morning Herald Half Marathon was in 2005. Anyone who wants to run this distance can enrol for the event. Peter is sorry that he cannot run like this any more.

Peter has always been an avid reader of the Sydney Morning Herald. He has now an online subscription. The SMH sponsored the breakfast at the Hilton for subscribers. We did not regret having made use of the offer for this special breakfast.

North Queensland, Australia, 1998

1 Apr

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In August 1998 Peter and I did fly to Cairns. 60 km north of Cairns is tropical Port Douglas, where we stayed at a Radison Reef Resort. Our travel agent had booked everything for us. Quite a few coach tours were included during our wonderful five day stay in North Queensland.

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Views of Cairns and the lush coast from the famous Kuranda Scenic Railway

One of our tours led us to this beautiful Scenic Railway.

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This is an aerial view of Cape Tribulation where two World Heritage areas meet, The Grat Barrier Reef and the rainforest.

One of our bus tours took us as far north as Cape Tribulation.

Concordia Club, Tempe, NSW

23 Mar

Today we visited the Concordia Club. It was still quite warm as though the summer did not want to leave us yet. We did meet our family at the club for lunch.

There were our two daughters and our son with their partners, as well as our twin grandsons. One of them was there with partner and beautiful son, who is our great-grandson!Also one of our grand-daughters, who turns seventeen early next month, was also there.

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Lucas, our little great grandson soon found company on the lawns in front of the club and kept tirelessly running around.

Lucas, our little great grandson soon found company on the lawns in front of the club and kept tirelessly running around.

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We had great fun watching the kids from where we were sitting down for lunch.

We had great fun watching the kids from where we were sitting down for lunch.

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