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In the name of Australia, go, Wayne Swan, go!

By Ric Willmot on May 14, 2013 in People Performance, Ric's Rant, What's Ric Thinking?

Hopefully, this will be a parting message to Wayne Swan and that he never has influence over Australia’s economy EVER again. Oliver Cromwell’s Speech on the Dissolution of the Long Parliament Given to the House of Commons  20th April 1653 It is high time for me to put an end to your sitting in this [...]

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Cost Comparisons of Motorola Acquisition by Google

By Ric Willmot on May 13, 2013 in For the fun of it, Ric's Rant

Google closed its Motorola Mobility acquisition in May 2012 and the returns remain to be seen. One thing is clear: There’s no question that the Motorola Mobility purchase was all about the patents. In recent weeks it’s clear that Google has dismantled Motorola Mobility via assets sales and restructuring. The Motorola Mobility question for Google [...]

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Scottish leather for Gillard announcing Australian jobs plan

By Ric Willmot on February 20, 2013 in Media & Press, Ric's Rant

The hand-crafted Scottish leather, worth $42,000, will re-upholster sofas, dining chairs, tub chairs and large lounges in Ms Gillard's private office and dining room.

BEN PACKHAM: The Australian

JULIA Gillard’s office furniture will be re-upholstered in plush Scottish leather. A West Melbourne company proudly announced the delivery of the custom hides yesterday as the Prime Minister pitched her new Australian jobs plan. The $1 billion jobs plan will require companies to ensure local manufacturers get a chance to tender for big mining and [...]

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Rio Tinto and BHP Billiton do not have to pay any mining tax

By Ric Willmot on February 13, 2013 in Media & Press, Mining & Resources, Ric's Rant

Rio Tinto and BHP have built up a $1.7 billion of tax credits - and do not have to pay any mining tax.

The Age

Mining companies Rio Tinto and BHP Billiton have built up a $1.7 billion arsenal of tax credits – and do not have to pay any mining tax until they are used up. And with Prime Minister Julia Gillard facing a perfect storm over the mining tax, crossbencher Andrew Wilkie heavily criticised her role in the [...]

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Department of Parliamentary Services pretends to be locals

By Ric Willmot on February 13, 2013 in Media & Press, Ric's Rant

On closer inspection they weren't real email addresses but they were all from the same IP address from Parliament House in Canberra.

Colac Herald, David McKenzie

The editor of a country Victorian newspaper says political operatives in Canberra have tried to hijack community debate over the effect of funding cuts on the local hospital. The management of the Colac Hospital in south-western Victoria blamed Commonwealth funding cuts for a decision to close its overnight emergency care centre. The editor of the [...]

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Wayne Swan unable to answer Budget surplus — truthfully

By Ric Willmot on February 9, 2013 in For the fun of it, Media & Press

JOURNALIST: The Opposition raised the issue about pamphlets, taxpayer pamphlets released in the ten Labor electorates which said we delivered a surplus on time as promised. This is before your comments later in the year that the surplus wasn’t being delivered. Can you tell us why these pamphlets said you delivered a surplus on time [...]

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Australia and Gillard Gov’t don’t have enough working people

By Ric Willmot on January 23, 2013 in Media & Press, Ric's Rant

Rather than platitudes about confidence, we need public policies that will provide us with a much-needed buffer against the inevitable day of reckoning, in the same way that the Howard government's legacy allowed us to navigate the global financial crisis in relative comfort.

Maurice Newman, former chairman of the Australian Securities Exchange

IN a bright start to the new year we are reading that the global economic outlook is improving. Setbacks are transitory. The fiscal cliff is history and the debt ceiling is bound to be lifted. Stockmarkets everywhere, even those in Europe, are rising. In Australia, Wayne Swan, accentuating the positive, repeatedly reassures us that our [...]

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