The budget deficit for this financial year: $19.4 billion The budget deficit for the coming financial year: $18 billion Swan’s accumulated deficits to date: $191.7 billion Costello’s accumulated surpluses: $97.4 billion The dashed lines are the 1996 – 2017 averages for Receipts and Payments. Here is a comparison of the budget balance as reported in [...]
Strong men more likely to have right-wing views, study says
MEN with strong upper body strength are more likely to vote conservatively while physically weaker males have a greater tendency towards left-leaning views.Psychological scientists Michael Bang Petersen of Denmark’s Aarhus University, and Daniel Sznycer of the University of California
Bigger biceps mean you’re more right wing Study of men in three countries MEN with strong upper body strength are more likely to vote conservatively while physically weaker males have a greater tendency towards left-leaning views. And stronger men are more likely to protect their resources while weaker males favour more socialist views such as [...]
Summaries of fiscal & economic evaluations of Labor and Swan
We stand by the predictions, the entries in the Mid-Year Economic and Fiscal Outlook. We stand by the figures and we’re on track to deliver a budget surplus.Julia Gillard (only 6 months ago)
Source: Andrew Bolt, Herald Sun Samuel J sums up the problem: Since its first budget in 2008-09, the government has: – taken policy decisions to increase expenditure by $142.1 billion – taken policy decisions to increase revenue by $75.1 billion – mis-forecast (over estimated) revenue by $133.4 billion This, in a growing economy and with [...]
In the name of Australia, go, Wayne Swan, go!
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 [...]
Weekly Wisdom No.159: What’s Your Default Position?
What’s Your Default Position? On my blog last week I wrote about responding in the moment to events that challenge and frustrate you (It’s not what happens to you but how you respond). Taking the next step; what’s your default position when faced with an opportunity? Do you need to have a guarantee to feel [...]
Weekly Wisdom No.158: Who is to blame for poor service?
Who’s to blame for poor customer service? Checking in at Qantas domestic, Brisbane airport, the ticketing officer was courteous, helpful, and informative. It wasn’t just because it was her job, you sensed she loved her work and loved serving the public. I thanked her for being so helpful and nice. “Very few people say that, [...]
“How Stupid Do You Think We Are?”
Titan is the one with the money and the talent to produce tires. What does the crazy union have? It has the French government.Morrie Taylor, CEO of Titan
From The Wall Street Journal An American CEO speaks the blunt truth to the French state. And, may well signal a warning for Australian business,workplace relations and our economy. When Morrie Taylor visited a Goodyear factory in north Amiens, France, he couldn’t believe what he saw: “The French workforce gets paid high wages but works [...]
Scottish leather for Gillard announcing Australian jobs plan
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 [...]
Rio Tinto and BHP Billiton do not have to pay any mining tax
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 [...]
Wayne Swan unable to answer Budget surplus — truthfully
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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Mick Cosgrove: I agree Ric. I was actually referring more to the ...
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Ric Willmot: No Kathy. I was honest in my opinions about Crean...
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Ric Willmot: Mick, I disagree that it is reflective of "educa...
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Mick Cosgrove: I don't think it has anything to do with muscles....
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Kathy Westmore: Ric are you showing your softer side there by comp...
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Scott Brown: Yes, read that study. Interesting. Should also be ...
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Research Survey on Referrals in Professional Services
October 31, 2011
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It’s not too late to ditch the tax, Julia
June 24, 2012
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Catherine Deveny hate speech continues in spite of spelling
October 6, 2012
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Wayne Swan: It would be funny if it wasn’t so scary
September 21, 2011
- Gun Control Laws: Sobering statistics and a sane argument December 15, 2012
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Psychologist, Peter Hart unable to adapt to pyjamas
August 12, 2012
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Weekly Wisdom No.162: Focus on my 4th question
May 20, 2013
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The financial facts provided by Treasury not politicians
May 19, 2013
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Strong men more likely to have right-wing views, study says
May 19, 2013
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The Nearly Free Workshop is Back!
May 17, 2013
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What’s around the bend for marketing your business, smarter?
May 16, 2013
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Summaries of fiscal & economic evaluations of Labor and Swan
May 15, 2013
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About Ric Willmot
Ric Willmot is "The Strategist" assisting organisations to improve performance, profits and productivity. Most businesses are en route to destinations they don't seek because of a strategy they haven't set is taking them there. Ric Willmot is seen as the thought leader for strategic business improvement. His intent is not just to improve your business, but to build firms which create wisdom and wealth.
Ric travels Australia, Asia, USA and United Arab Emirates as the go-to person for CEOs & senior executives of mining, oil, gas and resources companies -- and consults to principals, partners, and professionals practicing in law, accounting, financial services, consulting, recruitment, business coaching and the like.










