Dan Himbrechts/AAP The much-debated term “neoliberalism” again entered the political debate last week, with Greens leader Adam Bandt using a National Press Club speech to decry neoliberalism in the Labor Party. Bandt claimed that since the Keating and Hawke governments, Labor has adopted neoliberalism by “privatising public services, cutting taxes for the wealthy and adopting more austerity”. Keating hit back, calling Bandt “a bounder and distorter of political truth”, angrily rejecting suggesti
The local market is expected to slip at the open after a weak session in the US overnight. This is your Tuesday morning wrap.
A huge Queensland Insurer just reported an after-tax profit of $681 million profit - even as large parts of the state are still drying out from floods. How do they make such large profits when you’d expect them to be paying out lots of claims?