1. Michelle Payne strikes a blow for female jockeys
“A female jockey has won the Melbourne Cup,” said the ABC’s Gerard Whateley in calling the winning moment. Indeed she had, along with Prince of Penzance, a 100-1 outsider. Had Prince of Penzance been at shorter odds the ride would have been given to a bloke. Almost certainly.
Now that Michelle Payne has won, this caper becomes less likely.
After dismounting, as Tracy Holmes tells, her comments were as memorable as her ride.
- To think that (trainer) Darren Weir has given me a go and it’s such a chauvinistic sport, I know some of the owners were keen to kick me off, and John Richards and Darren stuck strongly with me…and I can’t say how grateful I am to them.
I want to say to everyone else, get stuffed, because women can do anything and we can beat the world.
2. Revving up the GST debate
The GST is very much on the table, indeed it seems at the centre of the Turnbull Government’s thinking on tax. Barrie Cassidy says:
How the debate advances – and how it all ends – will define his [Turnbull’s] leadership right through to the election, and beyond.
Should we increase the GST? In Australia the GST covers 47% of economic activity at a 10% rate. In New Zealand the GST covers 97% of the economy at a rate of 15%.
Shadow Assistant Treasurer Andrew Leigh claims that the GST is as inefficient but less equitable than income tax.
The Conversation factchecked Leigh’s claim and found it essentially correct.
- NATSEM modelled a scenario in which the GST rate would be raised to 15 per cent and every income tax threshold would be reduced by 5 percentage points. This, however, would be even more regressive for low and middle-income households.
About 60 per cent of households, or those with an income under $100,000, would be worse off while the top 40 per cent would be better off.
The lowest 20 per cent would, on average, be $33 a week worse off, and the top 20 per cent would be $69 a week better off.
See also from The Conversation:
Along the way we learn that Sweden has a 25% GST (12% on food) but has a Gini coefficient (measures inequality) better than ours.
In cleaning out the rubbish left by Tony Abbott, Turnbull has tipped out the knights and dames awards. It was probably Abbott’s choice of Prince Philip rather than the knights and dames awards as such that got a lot of people riled.
The lucky recipients of this aberration were Sir Peter Cosgrove, Dame Quentin Bryce, Dame Marie Bashir and Sir Angus Houston, plus, of course, Prince Philip.
4. Senate vote reform still on cards
The Government is still considering changing the senate voting system, according to George Brandis. Timing seems to be an issue. They don’t want to upset the cross-benchers.
Peter Breen claims that the Australian Green are considering legislation which will wipe out all the independents and ultimately has a better than even chance of delivering control of the senate to the LNP. Surely not!
Introduction to Saturday salon
Because of the way the blog currently presents posts on the home page I think it’s better to remove the introductory material to a different place. For new readers, here’s the rationale for this space.
An open thread where, at your leisure, you can discuss anything you like, well, within reason and the Comments Policy. Include here news and views, plus any notable personal experiences from the week and the weekend.
For climate topics please use the most recent Climate clippings.
The gentleman in the image is Voltaire, who for a time graced the court of Frederick II of Prussia, known as Frederick the Great. King Fred loved to talk about the universe and everything at the end of a day’s work. He also used the salons of Berlin to get feedback in the development of public policy.
Fred would only talk in French; he regarded German as barbaric. Here we’ll use English.
The thread will be a stoush-free zone. The Comments Policy says:
The aim [of this site] is to provide a venue for people to contribute and to engage in a civil and respectful manner.