The Official Website of Emeritus Professor David E Flint AM
Julia Gillard: The Five Billion $ Woman
Written by David Flint
Tuesday, 29 June 2010 15:08
Kevin Rudd unleashed the federalism genie in the "mining states", and Julia Gillard will only win them back by abandoning the super profits tax.
Worse, she was handed a massive $16.2 billion for the BER stimulus. She failed in her duty to put in place the most elementary safeguards to see the taxpayers received value for money. As the scandals grew she was in denial, until too late. Now that the horse has bolted, she has appointed Brad Orgill to undertake a Clayton's review.
Orgill has been compromised by evidence before the NSW parliamentary Inquiry where he followed too closely the Gillard line. And that has been heard across the marginals, thanks to the ever diligent 2GB's Ray Hadley. And now Mr. Orgill concedes he cannot protect witnesses.
Of course what should now be in place is a public AWB style judicial inquiry, a Royal Commission, where documents can be subpoenaed, sworn evidence taken on oath and subject to rigorous cross examination, and witnesses protected.
Many in the media whinged about the AWB terms of reference, although the Howard government said these would be changed if the judge asked.
Where is the outcry now over the clear and compelling need for a proper inquiry about a scandal potentially involving many billions and not millions? Where did the money go? Did some of it come back?
And Madame $5 billion will only regain her credibility by Royal Commission into the nation's biggest financial scandal, the BER rort.
Last Updated ( Tuesday, 29 June 2010 15:36 )
The Super Profits tax: It Will End in Tears
Written by David Flint
Monday, 28 June 2010 00:00
A radio interview on the proposed super profits tax between on Kaleidoscope with George & Felicity broadcast on 2RDJ Sydney and other radio stations on 27 and 29 June, 2010.
Soon after the programme was recorded, the leading proponent of the tax, Prime Minister Kevin Rudd was forced to resign by his party. The other principal proponents of the tax, Deputy Prime Minister Julia Gillard and Treasurer Wayne Swan, were then appointed Prime Minister and Deputy Prime Minister respectively.
Ms. Gillard then withdrew government advertising on the tax, and invited the mining companies to enter into meaningful consultations.
Last Updated ( Wednesday, 07 July 2010 11:46 )
The Super Profits Tax will end in a legal minefield
THE super-profits tax will end in tears. Either there will be backflip or the government will lose the election, or both. In the event that the government survives and introduces the tax, it will collapse in a morass of constitutional and international litigation.
If the government is determined to have this tax, it should ask the people to clear the constitutional hurdles in a referendum. In addition, it should avoid international legal action by excluding all existing projects. But this would deprive it of the windfall income it hoped to have.
