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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
Ben, You've outdone yourself yet again. This is the absolute drivel that the lefty mainstream media has been pushing all week. You truly belittle yourself pushing this barrow.
Not a car maker in the world would survive without SIGNIFICANT subsidy from the relevant government in that country. Australia pales into insignificance with other countries giving up to 14 times the amount to keep manufacturing alive. The figures from the most reliable quarters, proven by a number of 'best-in-class' analysts prove that the few hundred measly millions of help for Holden and or Ford results in many BILLIONS (some estimates $30Bil+) back into the economy. Get your facts straight before you create these whimsical 'stories' based on your own bias and tainted, questionable opinions. You not only belittle yourself (further than usual) but drag into question the reputation of the fine magazine and employer for tolerating stories such as this. I am not affiliated with anyone/company in the motoring industry. I am a financial adviser of 28 years with an economics degree and drive an Australian made car and proud of it.
Point taken Brian and thanks for the comment. Although for the life of me, I don't know why you have to resort to insults to get your point across! Cheapens your argument methinks.
Merry Xmas to you and your loved ones!
Interesting observations. However, there rests a fair dose of ambiguity from both, author (of the article) and the commenter.
The disgusting raving by the Opposition (in Parliament) today, deserves no accolade.
On balance, I think the truth is hurting Ben. And, the multiplying example of on-going benefit of subsidising the car industry - is questionable. I doubt if the benefits (?) would ever contra the billions already lost.
With due respect, probably it is time for Ben to up-date his BEc !!!
Thanks William and Merry Xmas to you too. I've always adhered to the "no harm, no foul" policy so no harm done, no foul.
I welcome all comments -- good, bad or ugly -- my opinions are my own and I carry no malice on anyone in asserting what my logical reasoning dictates.
It is what it is...and I respect any and all criticisms for it helps me reassess my supposed biases.
All good!