Australian politician, 14th Deputy Prime Minister of Australia
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ASIC says it will surveil super funds after it was revealed Cbus failed to pay out death and disability benefits worth millions of dollars. Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian's app. This episode of The Front is presented and produced by Kristen Amiet, and edited by Tiffany Dimmack. Our regular host is Claire Harvey and original music is composed by Jasper Leak.See omnystudio.com/listener for privacy information.
Liberal Senator Andrew Bragg has weighed in on Wayne Swan's Cbus dodging Senate's invitations.See omnystudio.com/listener for privacy information.
Former treasurer Wayne Swan weighs in on Treasurer Jim Chalmers' attack on the RBA, the Opposition Leader vows nixed McPhillamys gold mine to go ahead under the Coalition. Plus, Donald Trump's former senior advisor discusses the US election. See omnystudio.com/listener for privacy information.
Our summer podcast series brings you some of the best conversations from our webinars and live events in 2023. On 15 September 2008 came the collapse of Lehmann Brothers, the largest bankruptcy in US history. This set off a chain reaction and had a massive impact on the Australia financial system and economy. Across the northern hemisphere the GFC became known as the Great Recession. But in Australia the economy was spared the large rises in unemployment that occurred in the USA and Europe as well as the collapse of major financial institutions. This was recorded on Friday 15th September 2023 and things may have changed since recording. australiainstitute.org.au // @theausinstitute Guests: Wayne Swan, National President of the ALP, former Labor Member for Lilley and former Deputy Prime Minister and Treasurer of Australia // @SwannyQLD Greg Jericho, Chief Economist, the Australia Institute and the Centre for Future Work // @GrogsGamut Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Producer: Jennifer Macey // @jennifermacey Edited by: Emily Perkins Theme Music: Pulse and Thrum; additional music by Blue Dot SessionsSupport Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
G'day Diplomates fans:To round out the year, we had our great friend Hagar Chemali on discuss EVERYTHING happening in the world:Including:-- Israel Palestine and what happens next-- Trump in 2024-- The politics of Ukraine aid-- Hong Kong and Russian 'elections'-- India, Canada and the politics of assassinationsAND MORE!Please get yourself a copy of The Sun Will Rise The Sun Will Rise is inspired by true events and dedicated to the brave heroes of Ukraine. It is based on Misha's reporting from inside Ukraine, real events from the war as well as the complex history between Russia and Ukraine. ABOUT THE SUN WILL RISE: Oksana Shevchenko remembers life as it once was. Before the War. Before the Invaders stripped her freedom away. Before the Motherland decided to take what wasn't hers, and call it her own. As the leader of the local Union, thirty-one-year-old Oksana has met her match in enemy officer Lieutenant General Mikhailovich, who will stop at nothing to win glory for the Motherland – and himself. After he captures the city of Heryvin, the young, ambitious Mikhailovich forces Oksana and her Union comrades to operate the local nuclear power plant for the Motherland's gain, while sapping its capacity to operate safely. It's a nightmare for a city still reeling from the disastrous Accident that took the lives of dozens – including Oksana's father – decades before. Caught between her loyalty to those resisting the Occupation and a nuclear catastrophe threatened by increasingly impossible orders, Oksana must find a way to defeat Mikhailovich before his sadistic determination leads him to doing the unthinkable. But Oksana might not be alone in her fight, because war makes heroes out of the ordinary and unlikely. A grandmother defiantly waving the colour of her nation. A principal offering a safe haven for students dreaming of brighter futures. A young adult choosing courage in the face of mortal danger. A country quietly showing that glory belongs to those who dare to hold on against impossible odds. Because one day soon, the sun will set on dictators. And the sun will rise on freedom once again. Inspired by true events in Ukraine, The Sun Will Rise is a tribute to those bravely fighting for their freedom – and ours. PRAISE FOR THE SUN WILL RISE: Stirring, brilliant, soulful. An Orwellian tale, evoking the very essence of Ukraine's fight for freedom and our right to exist” — Kira Rudyk, leading Ukrainian Member of Parliament. “A love letter to the human spirit, Zelinsky's deeply personal coverage of Russia's invasion comes to life in this stunning first novel. An affecting story about the humanity behind the news” — Wayne Swan, President of the Australian Labor Party, former deputy prime minister and world finance minister of the year. “Zelinsky's outstanding journalism transported Russian brutality and Ukrainian bravery from the battlefront to our homes. Now, this story gives us a reason to hope” — Ambassador, Vasyl Myroshnychenko, Ukraine's Ambassador to Australia. “Misha Zelinsky has penned a gripping book which although fictional, depicts the courage, strength and conviction of the Ukrainian people fighting for their freedom and sovereignty. Once you pick up The Sun Will Rise, you will not be able to put it down. It is an exciting read. — Ambassador Paula J. Dobriansky, former Under Secretary of State for Global Affairs (2001-2009) “A gripping page-turner, set in Ukraine in the wake of Russia's invasion. Misha Zelinsky has captured the bravery and humanity of Ukrainians living under occupation, as well as the callousness and cynicism of Vladimir Putin's soldiers. Original, compelling, and topical, The Sun Will Rise is an impressive novel which brings to life recent history.” — Luke Harding, award-winning foreign correspondent with the Guardian and New York Times best selling author of books including Invasion: Russia's Bloody War and Ukraine's Fight for Survival, shortlisted for the Orwell prize. “Zelinsky has turned his superb war reportage into a riveting first novel, inspired by real people and events, but transcending them to convey the heart behind the conflict. If you want to know why Ukrainians fight and why it's our fight too, this is the place to start. Reminiscent of Disraeli—a novelist turned British statesman—a writer with such soul, who knows what makes people and countries great, would be a rare addition to our public life. — The Hon. Tony Abbott, 28th prime minister of Australia.See omnystudio.com/listener for privacy information.
In a special episode of Diplomates, the roles have been reversed as our host, Misha Zelinsky takes the hot seat! Legendary Australian journalist and geopolitical analyst, Peter Hartcher of the Sydney Morning Herald interviews Misha Zelinsky about his new book: The Sun Will Rise. The Sun Will Rise is inspired by true events and dedicated to the brave heroes of Ukraine. It is based on Misha's reporting from inside Ukraine, real events from the war as well as the complex history between Russia and Ukraine. Misha and Peter discuss: — Misha's experiences in Ukraine covering the war for the Australian Financial Review. — Why the invasion of Ukraine is a hinge moment of history. — How democracies must respond to Putin's invasion and why other Dictators are watching closely. — The use of fiction over facts. — The inspiration behind the story and characters. — What happens next in the war. Get your copy now: www.thesunwillrisebook.com ABOUT THE SUN WILL RISE: Oksana Shevchenko remembers life as it once was. Before the War. Before the Invaders stripped her freedom away. Before the Motherland decided to take what wasn't hers, and call it her own. As the leader of the local Union, thirty-one-year-old Oksana has met her match in enemy officer Lieutenant General Mikhailovich, who will stop at nothing to win glory for the Motherland – and himself. After he captures the city of Heryvin, the young, ambitious Mikhailovich forces Oksana and her Union comrades to operate the local nuclear power plant for the Motherland's gain, while sapping its capacity to operate safely. It's a nightmare for a city still reeling from the disastrous Accident that took the lives of dozens – including Oksana's father – decades before. Caught between her loyalty to those resisting the Occupation and a nuclear catastrophe threatened by increasingly impossible orders, Oksana must find a way to defeat Mikhailovich before his sadistic determination leads him to doing the unthinkable. But Oksana might not be alone in her fight, because war makes heroes out of the ordinary and unlikely. A grandmother defiantly waving the colour of her nation. A principal offering a safe haven for students dreaming of brighter futures. A young adult choosing courage in the face of mortal danger. A country quietly showing that glory belongs to those who dare to hold on against impossible odds. Because one day soon, the sun will set on dictators. And the sun will rise on freedom once again. Inspired by true events in Ukraine, The Sun Will Rise is a tribute to those bravely fighting for their freedom – and ours. PRAISE FOR THE SUN WILL RISE: Stirring, brilliant, soulful. An Orwellian tale, evoking the very essence of Ukraine's fight for freedom and our right to exist” — Kira Rudyk, leading Ukrainian Member of Parliament. “A love letter to the human spirit, Zelinsky's deeply personal coverage of Russia's invasion comes to life in this stunning first novel. An affecting story about the humanity behind the news” — Wayne Swan, President of the Australian Labor Party, former deputy prime minister and world finance minister of the year. “Zelinsky's outstanding journalism transported Russian brutality and Ukrainian bravery from the battlefront to our homes. Now, this story gives us a reason to hope” — Ambassador, Vasyl Myroshnychenko, Ukraine's Ambassador to Australia. “Misha Zelinsky has penned a gripping book which although fictional, depicts the courage, strength and conviction of the Ukrainian people fighting for their freedom and sovereignty. Once you pick up The Sun Will Rise, you will not be able to put it down. It is an exciting read. — Ambassador Paula J. Dobriansky, former Under Secretary of State for Global Affairs (2001-2009) “A gripping page-turner, set in Ukraine in the wake of Russia's invasion. Misha Zelinsky has captured the bravery and humanity of Ukrainians living under occupation, as well as the callousness and cynicism of Vladimir Putin's soldiers. Original, compelling, and topical, The Sun Will Rise is an impressive novel which brings to life recent history.” — Luke Harding, award-winning foreign correspondent with the Guardian and New York Times best selling author of books including Invasion: Russia's Bloody War and Ukraine's Fight for Survival, shortlisted for the Orwell prize. “Zelinsky has turned his superb war reportage into a riveting first novel, inspired by real people and events, but transcending them to convey the heart behind the conflict. If you want to know why Ukrainians fight and why it's our fight too, this is the place to start. Reminiscent of Disraeli—a novelist turned British statesman—a writer with such soul, who knows what makes people and countries great, would be a rare addition to our public life. — The Hon. Tony Abbott, 28th prime minister of Australia.See omnystudio.com/listener for privacy information.
Next week the Labor Party will hold its national conference in Brisbane. It's the first face-to-face conference in five years. These conferences don't have anything like the bite they once did, but there's still a chance for the party's rank and file to have a shout about issues. More than 400 delegates will be there. Most of the delegates are aligned to a faction, and for the first time in decades the left will have the largest slice of the numbers. AUKUS and the Stage 3 tax cuts are expected to be among the hot topics, but the conference will be carefully managed – there will be no defeats for Prime Minister Anthony Albanese. Ahead of the conference, we have already seen the government change its stance on Palestine, a sensitive subject among the left and right factions of the party. In this podcast we talk with Wayne Swan, the Labor Party National President. Swan was treasurer and deputy prime minister in the Rudd and Gillard governments.
Former Deputy PM and Treasurer of Australia Wayne Swan joins Graham Cornes.See omnystudio.com/listener for privacy information.
Chair: Paul Barclay Brought to you by The Australia Institute in partnership with Adelaide Writers' Week Democracy thrives on high expectations. The less faith people have in government, the more people shun the project of democracy. The idea that government spending, regulation and ownership can significantly improve the lives of most Australians is so derided it's almost never seriously discussed. But during the pandemic, and now with wages, inflation and climate action, we see that's exactly what Australians want: for the role of Government to go BIG. Event details: Mon 06 Mar, 12:00pm on the North Stage
Wayne Swan defends Labor's super plan, Medibank bounces back from cyber-attack, Ukraine appeal for NATO support. Plus, Jenna Clarke joins the show to discuss the 2024 U.S. election.See omnystudio.com/listener for privacy information.
I've been lucky with the content offered by the guests on this podcast – but this guy has an unusually inspiring story. Working class boy, becomes a political operative at 19, works his way up to being an advisor in the Rudd and Gillard Governments before pivoting to cricket commentary and becoming one of the best-known cricket broadcasters in the world. His name is Adam Collins, and in 2018, he saw there was no Australian radio presence covering the test series between Australia and Pakistan in the UAE, so he used the money he was saving to buy a house and bought the rights to broadcast the series. He talks about the stress of that deal here, particularly finding a station he could on sell the broadcast to, as well as overcoming tech and censorship issues. Right now, the whole saga is being developed into a feature film. Quick shout out to The Final Word - the best cricket podcast going around hosted by Adam and his on-air partner, Geoff Lemon.I hope you enjoy this chat. Check out the exclusive bonus video below where Adam discusses the two funniest cricketers he's met.Links: The Final Word PodcastAdam's collaboration with Wayne Swan which set his career pivot to cricket journalism in motion. BONUS VIDEO: THE FUNNIEST CRICKETERS ADAM COLLINS HAS MET Get full access to The Kicker at thekicker.substack.com/subscribe
Scotty From Multitasking has so many jobs! Emerald and Tom are joined by Elizabeth Humphrys (12:02), author of How Labour Built Neoliberalism: Australia's Accord, The Labour Movement and the Neoliberal Project. What is neoliberalism and when did it take over Australia? Is Paul Keating actually bad? Will the upcoming Jobs & Skills Summit be the Accord 2.0? Finally, a call to action (1:00:59). Subscribe to our Patreon to keep the show alive and hear bonus episodes like our full hour-long interview with Wil Anderson - https://www.patreon.com/SeriousDangerAU Full video version of this episode available on https://www.youtube.com/c/SeriousDangerAU Follow Elizabeth on Twitter @anintegralstate All her links - https://linktr.ee/anintegralstate Toohottowork.org Order Elizabeth's book here - https://www.haymarketbooks.org/books/1360-how-labour-built-neoliberalism ‘The Hawke-Keating agenda was Laborism, not neoliberalism, and is still a guiding light' by Wayne Swan - https://www.theguardian.com/commentisfree/2017/may/14/the-hawke-keating-agenda-was-laborism-not-neoliberalism-and-is-still-a-guiding-light Tom talking to Wayne Swan about neoliberalism on his other podcast (and it makes Wayne tetchy) - https://likeimasixyearold.libsyn.com/206-wayne-swan CALL TO ACTION - Check for Greens events in your area - https://greens.org.au/events If you're outside the ACT, email your state MP and ask them to raise the age of criminal responsibility to at least 14 years old - https://www.changetherecord.org.au/RTA_EmailMP Don't NAB our future campaign - https://chuffed.org/project/ss4c-dontnabourfuture Produced by Michael Griffin Follow us on Twitter, Instagram, TikTok and Patreon @SeriousDangerAU seriousdangerpod.comSupport the show: http://patreon.com/seriousdangerauSee omnystudio.com/listener for privacy information.
On this week's podcast, we pay a visit to one of our favourite friends of the pod.Wayne Swan is a Labor legend. the proud Queenslander served as the Member for Lilley between 1993-1996 and again from 1998-2019.As Treasurer in the Rudd/Gillard governments, he steered Australia successfully through the Global Financial Crisis that decimated economies around the globe from 2008 until 2012 and beyond. Having retired from parliamentary politics, "Swanny" remains active as the National President of the Australian Labor Party. Wayne Swan is a proud advocate and champion for workers, Unions, and a fairer economy that shares its wealth more equally. Francis paid him a visit at his Brisbane home to discuss the challenges and opportunities the Albanese Labor Government faces in making Australia a better place for all. _____________________________________________________________ * You can now email us with your comments, story ideas, tip-offs, flip offs, and questions - otjpodcast@protonmail.com *On the Job is made by Australian Unions. More about On The Job podcast Need help with working conditions? Call Australian Union Support Centre - 1300 486 466 About the hosts Sally Rugg - @sallyrugg Francis Leach, ACTU - @SaintFranklySupport the show: https://www.onthejobpodcast.com.au/See omnystudio.com/listener for privacy information.
Federal Labor is within just two seats of forming a majority, allowing it to govern in its own right. The party secured five new members in Western Australia, an outcome credited with putting the party on the path to majority. Guest: Wayne Swan, Federal Labor Party President
With intelligent and thought-provoking analysis, RN Drive goes behind the headlines to give you original insight into the world you live in. Keep up to date with federal politics, current affairs, arts, culture and the stories that are making Australia talk.
What's it like to wake up every morning and know that every decision you make at work today will have a profound effect on the lives of millions of Australians? As Australia's Labor Treasurer during the Global Financial Crisis (GFC) , Wayne Swan did exactly that. Swan guided Australia through the GFC as other major economies around the world suffered disastrous recession, job loss and social unrest. These days, Wayne Swan is a retired parliamentarian and President of The Australian Labor Party. Francis paid a visit to Wayne Swan's Brisbane home and sat down with him to discuss the current state of the Australian economy, the future of work and how a future with decent secure jobs in a carbon neutral economy is in our hands. More about On The Job podcast Need help with working conditions? Call Australian Union Support Centre - 1300 486 466 About the hosts Sally Rugg, Executive director at Change.org Australia - @sallyrugg Francis Leach, ACTU - @SaintFranklySupport the show: https://www.onthejobpodcast.com.au/See omnystudio.com/listener for privacy information.
'The Wrap' is RN Drive's summary of the biggest stories of the week, plus some you may have missed. This week, Tim Costello and Wayne Swan are the guest commentators.
The Global Financial Crisis shattered the economic system. It destroyed communities, lives, businesses and governments, and the effects are still being felt, even today. The result and fallout of the largest global recession since the 1930s was left to governments, ministers and leaders, with some of the biggest decisions the modern world had ever faced needing to be made. The person making those decisions for the Australian people, was then Treasurer Wayne Swan. Wayne served as Treasurer for the Rudd Government from 2007 to 2010, and continued his role, whilst also serving as Deputy Prime Minister under Julia Gillard til 2013. On this week's episode of The Risk Equation, Dr Chris Maguire explores how Wayne made the decisions he did, who gave him the economic guidance to organise and distribute the second biggest stimulus package in the world, and what made the pressures and stresses of the media and the opposition bearable and manageable. Follow the show on Instagram: @theriskequationpodcast Follow Chris: https://linktr.ee/chris_r_maguire Thanks to Altdrop for sponsoring this week's episode of The Risk Equation and for helping support a charity of our guest's choosing. Use code “RISKCAN” to donate 10% of your purchase from Altdrop to Canteen Australia, a charity helping to support young people with cancer by providing counselling, youth services and personalised treatment plans. For more information, visit canteen.org.au and Altdrop.com.au. Receipts and dockets outlining details of Altdrop's 10% donation will be emailed to each purchaser. Follow Altdrop: instagram.com/altdrop_ facebook.com/Altdropco The Risk Equation is edited and produced by Edward Gooden. For show enquiries: edgooden31@gmail.com Music and sound effects: Epidemic Sound and Chris Zabriskie.
Wayne Swan is a former Treasurer and Deputy Prime Minister of Australia. He's the current President of the Australian Labor Party. In this conversation I ask Wayne about Labor's performance in the recent Newspoll, what it means for Australia to aspire to "full employment" out of COVID, the ideological war over superannuation, whether the Hawke-Keating legacy can be described as "neoliberal" and how he thinks about the relationship between the ALP and the Greens. If you’ve got the means please support this show by becoming a Patron Join the LIASYO Facebook group here please and thank you @SwannyQLD Wayne's media as ALP President My interview with Wayne on Tonightly in 2018 ARTICLE: Sometimes, Too Much Is...Too Much by Wayne Swan ARTICLE: Already in this crisis we are slipping into over-optimism about the economy and over-pessimism about debt by Wayne Swan ARTICLE: Liberals tearing down the pillars of our superannuation scheme by Wayne Swan ARTICLE: Weakening superannuation is a once-in-a-100-year mistake by Wayne Swan ARTICLE: The Hawke-Keating agenda was Laborism, not neoliberalism, and is still a guiding light by Wayne Swan How Labour Built Neoliberalism: Australia's Accord, the Labour Movement and the Neoliberal Project by Elizabeth Humphrys Cause of the Week: St Vincent de Paul Society (vinnies.org.au)
Australia’s citizenship test is getting its first update in more than a decade, with a focus on Australian values. - नोभेम्बर १५ देखि सुरु हुने भनिएको नयाँ व्यवस्था अन्तर्गतको अस्ट्रेलियाली नागरिकता परीक्षामा के-कस्ता बद्लाव हुँदैछन् त?
Labor's National Executive has seized control of the party in Victoria following highly damaging allegations of industrial scale branch stacking.
Labor will campaign on the flaws in the JobKeeper program in the Eden-Monaro byelection, shadow treasurer Jim Chalmers says. “There will be so many people from Eden-Monaro who would have heard the Prime Minister say that there would be wage subsidies only to find out that they’ve either been deliberately or accidentally excluded from those wage subsidies, who can’t understand why someone who might have been on $100 a week before is now getting $750 while they’re excluded from it.” Chalmers says he intends to campaign in the byelection - for which a date has yet to be set - and has spoken with Labor leader Anthony Albanese about doing so. As the political debate turns to the strategy for the economic exit from the pandemic, Labor is seeking to define its differences with the government. “We don’t want to see all of this support withdrawn from the economy in one hit, on one day, based on a faulty assumption about ‘snap back’, when the reality is that the recovery is going to be patchy, Chalmers says. "It’s going to be longer than ideal, and different types of workers in different types of industries will feel the impacts differently. I think the Government’s policy needs to recognise that.” The aftermath of the crisis will be the defining debate at the next election,“ Chalmers says. "I think the next election will be about unemployment in particular. It will be about what the future economy looks like and whether we can create that inclusive, sustainable growth that creates well-paid jobs for more people and more opportunities. I think that’s where the next election will be won or lost for the government and for the opposition.” “This is not the sort of crisis where we get to September, people forget about it, and the world moves on” Chalmers, who worked in then-treasurer Wayne Swan’s office during the global financial crisis, contrasts the support Labor has given the Morrison government with the stand of the Coalition opposition then. “We actually haven’t held anything up in the parliament because the priority is to get this support out the door and into the pockets of workers and businesses as soon as possible.” “We are deliberately being more constructive than our opponents were a decade ago because we saw firsthand the costs of that kind of oppositionist approach.”
A live recording of a webinar with Wayne Swan, ALP President and former Deputy PM and Treasurer who helped steer Australia's economy through the GFC without going into recession, recorded live on Zoom Thursday 9 April 2020. Part of the Australia's Institute's 'Economics of a Pandemic' webinar series.Visit tai.org.au for our latest pandemic economic research and analysis // @theausinstituteHost: Ebony Bennett, deputy director of the Australia Institute // @ebony_bennettGuests: Wayne Swan, ALP National President // @SwannyQLDRichard Denniss, chief economist of the Australia Institute // @RDNS_TAIProducer: Jennifer Macey.Theme music is by Jonathan McFeat from Pulse and Thrum
For more than thirty years, the Bathurst Branch of the Labor Party has been holding an annual dinner in honour of Labor Prime Minister Ben Chifley called the Light On The Hill Address. This dinner has previously seen guest speakers like Paul Keating, Wayne Swan, Gough Whitlam, Julia Gillard, and Anthony Albanese. The 2019 guest speaker was Jim Chalmers. Jim entered Parliament as the member for Rankine in 2013 and is the current Shadow Treasurer of Australia.
For more than thirty years, the Bathurst Branch of the Labor Party has been holding an annual dinner in honour of Labor Prime Minister Ben Chifley called the Light On The Hill Address. This dinner has previously seen guest speakers like Paul Keating, Wayne Swan, Gough Whitlam, Julia Gillard, and Anthony Albanese. The 2019 guest speaker was Jim Chalmers. Jim entered Parliament as the member for Rankine in 2013 and is the current Shadow Treasurer of Australia.
Wayne Swan is the President of the Labor Party. He served as Australia’s Treasurer from 2007 to 2013 and was Deputy Prime Minister. Wayne is credited with helping save Australia from the GFC and in 2011 was crowned World Finance Minister of the year.As the author of numerous books on social policy, he has lead the domestic and global debates on the dangers of economic inequality.Wayne Swan joined Misha Zelinsky for a chinwag about what went wrong at the 2019 election for Labor, why fiscal policy still matters in economic management, how far right nationalists are using inequality to win government around the world, why big philanthropy is a big problem for democracy, how Australia should manage an assertive Chinese Communist Party and where to from here for social democrats around the world.
Wayne Swan is an Australian politician who was the Deputy Prime Minister of Australia and Deputy Leader of the Labor Party from 2010 to 2013, and the Treasurer of Australia from 2007 to 2013. As he steps aside from the seat of Lilley after more than 20 years, he reflected on his life in public service, Bruce Springsteen and Jimi Hendrix.
Australia's worst Treasurer in recent memory, Wayne 'Swanny' Swan, leaves parliament, and according to a rock star, there is nothing wrong with Venezuela (what would we do without their incisive geopolitical analysis?)
Welcome to Follow The Money's summer special series! If you're taking a break this summer, but still crave a political fix, settle in a listen to the 'best of' from the Australia Institute's live politics in the pub events this year. Ten years after the global financial crisis, Wayne Swan, Tanya Plibersek and Jim Chalmers revisit the Labor government's stimulus package which kept Australia out of recession. Host: Ebony Bennett, Deputy Director at The Australia Institute // @ebony_bennett
Welcome to Finance & Fury, the Furious Friday edition. To start this episode, I want to say just how incredibly lucky we are to be born in Australia during this time, even compared to 100 years ago. Free societies are amazing – so why is there a massive shift lately in wanting to change it? What if you think that what we have is actually broken? What happens then? If you take for granted what you have? The loss of historical context, and perspective relative to how others live globally, there is a loss of ability to see how good we have it. This is our demise as it is used by those in power or those seeking power. We create a non-existent problem to solve and mobilise the masses, for the benefit of those in power, or those seeking power. This will be the first in a 5-episode series which will aim to break down the real risks of socialism in detail, and just how it infiltrates a society like ours. Breaking down socialism and they methods that are used including the conditions needed to be created first. Breaking down the stages of socialism Has to start with Capitalism (create wealth) Socialism Communism Next, breaking down the strategies used and the methods that people use to mobilise/manipulate the masses. Looking back through the history of Australia and where we may be heading Finish up by looking at the political spectrum overall, and ways to avoid a dystopian hellhole The road to socialism is paved by those with good intentions, unfortunately just results in awful outcomes every time. I might sound crazy but this is one of the most important eps (IMO) that I will do. We are blinded due to our incredibly narrow view, and we forget what life is really like for the majority of people living around the world, or for tens of thousands of years through society. Things can always be better right? There are many people with a desire to install a system in Australia which has been proven in the past to fail every time, and this is worrying. Doing the same thing over and over again, and expecting the different results. I know politics is not everyone’s cup of tea, but it forms the rules and regulations that you have to exist under. You can ignore politics, but it won’t ignore you. Every personal finance tip I give on Finance & Fury goes out the window if a system is installed that removes your ability to do it. We are seeing this increasingly over time, like the removal of negative gearing on existing properties being proposed, the increase in progressive tax…slowly chipping away at what freedoms individuals have. From what I see in the media, it’s all a one-sided argument… so I want to present the other side for a change. Please do me a massive favour PLEASE share this episode if you don’t want to live in a country that goes down like Venezuela. I want to create a series to provide insight into the warning signs that the country is going to hell, like warning signs for a heart attack. What are “Socialist Ideas” True socialists advocate a completely classless society - government controls all means of production and distribution of goods He final stage is communism where everyone owns everything and there’s no government Socialists believe this control is necessary to eliminate competition among the people and put everyone on a level playing field. Socialism is also characterized by the absence of private property. The idea is that if everyone works, everyone will reap the same benefits and prosper equally. Therefore, everyone receives equal earnings, medical care, housing and other necessities. This sounds nice, but let’s look at an example; say you have 2 people: you get 25% of $100, or 50% of $20? Socialism shrinks the pie, removes incentives and focuses on equality of outcome. Democratic Socialists believe that they can achieve this through the democratic process. But once they have it, the ‘democratic’ part ceases to exist – Once Governments get so much power, they no longer need the population to gain power, what happens then? Socialism can work in tribes of 100 people – Everyone carries their weight, otherwise you get an axe in the back of the head. Today it is the opposite: Under socialism those carrying the most weight get the axe in the back of the head first – as they create the inequality (through owning the private property) and need to go to achieve the goal. There are two ways of installing socialism Marxists: in a hurry to come to power through direct confrontation with established governments – revolution. We have talked about this in previous episodes about Russia, and China, and I will look to do further episodes on other countries as well, exploring the patterns that play out with Marxism. Fabians: This is something happening a little closer to home. They take their time to come to power without direct confrontation, working quietly and patiently from inside the target governments – it’s death by 1,000 cuts Fabian Strategy: advances the principles of socialismvia gradualist and reformist effort in democracies, rather than by revolutionary overthrow. Named after Quintus Fabius Maximus – The Roman General in the 2nd Punic war – Against Hannibal (IMO 3rd best in History). A frontal assault avoided in favour of wearing down an opponent through a war of attrition and indirection. Hannibal occupied Italy for 15 years before being recalled to Carthage. This is how Western countries will fall to socialism/communism – through concession after concession. Fabian Society 1884 in the UK The Fabian Coat of Arms was a WOLF IN SHEEPS CLOTHING. This was a tad too telling so they replaced it with the TORTOISE with the motto "When I strike, I strike hard". Slow and steady. Australian Fabian Society Founded in 1947 Members: 4 prime ministers – Gough Whitlam, Bob Hawke, Paul Keating, Julia Gillard Other Politicians – Bill shorten, Chris Bowen, Luke Foley, Tanya Plibersek, Wayne Swan, plus 20+ APL players Media – Eva Cox, Phillip Adams, Van Badham, plus 6 more listed on their website. (from their website) the Australian Fabians' Statement of Purpose states: Contributing to progressive political thinking by generating ideas that reflect a level of thinking that meets the challenges of the times. Contributing to a progressive political culture by disseminating these ideas and getting them into the public domain. Creating an active movement of people who identify with, are engaged in and who encourage progressive political debate and reform. Influencing the ideas and policies of political parties, especially the Australian Labor Party. Their policy is to focus on the advancement of socialist ideas through gradual influence and promoting socialist ideals to intellectual circles and groups with power. How do they do this? Create the right environment The road to socialism is paved with apathy, hopelessness, frustration, futility, and despair in the masses of people. Equality is a dangerous word Equality of opportunity is a free society. You can choose to work 80 hours and earn $200k, or work 40 hours and work $100k. By its nature however, freedom creates inequality because people can choose to do different things. Even if we all started from scratch, all on the exact same level, when we have a choice how we spend our money in Equality of outcome is socialism. Would you prefer to have $50,000 and someone else have $100,000? Or, you have $10 if everyone has $10? Psychology actually points to that you would prefer the later – even if it is against your own interests. It is this fear and complete hopelessness on the part of the masses which ultimately makes them relinquish all control over their lives and turn the power over to a Government. How they do this: Universities, schools, media and Governments Universities and schools: The purpose is to create "fundamental change" and "social justice" was through a mass movement of the masses controlled over by intellectual and cultural elites. Propaganda – Writing things out repetitively eventually changes your beliefs. Tell a group of people they’re disenfranchised enough times that they start to believe it, then they will start voting against their own self-interest. It goes back to contributing to ‘progressive political thinking” – generating the ideas through ‘intellectuals’. All socialist movements have been driven by the intellectuals who manipulate the working class for their own benefit. Intellectuals live in an isolated bubble without real-world experience in the application of these ideas. Theory versus reality: this is why socialism sounds nice, until you see it in action. ‘But it will be different this time’ is incredibly naive and narcissistic. Free market: When ideas are applied, you find out very quickly if idea works or not. Creative destruction. Government: Lacks the feedback loop which ensures efficiency. Trying new things is dangerous to the status quo. The younger you start, the better. Media – The tool used to spread the ideas and misinformation. 58% of young Australians have a favourable view of socialism, and 59% agree that capitalism has failed - Centre for Independent Studies. Mixed up thinking – Capitalism hasn’t failed, people are failing to operate under capitalism. In free market – you get out what you put in. If you get a useless degree – all you have picked up is debt. It is only in a wealthy country you can get a higher education, otherwise you are working from an early age to survive. “Removing the poverty of society” There is a difference between absolute and relative poverty. Measurement of Poverty – the rate is based on taking 50% of the median income, as that income rises, so do the relative living standards of people living above and below the poverty line - 2.5m people below line This is a tricky measurement, there will never be an end to relative poverty – Absolute poverty different [Single ($433 p.w.) $22.5k p.a.] Are people's lives better than they were 10 years ago? 20 years ago? My heart goes out to people doing it tough – Almost everyone of these people is on government assistance – the safety net of society. Sadly though, the only way out of poverty is working and participated in the free market. The people pushing these ideas (that everyone is in poverty and we have to give them more money) are in the 1% - Bill shorten: Salary of $380k + perks = Just below 1%. Censorship: labelling people as extremists because their views are different. Overton Window - window of discourse, describes the range of ideas tolerated in public discourse – this is shifting and closing quickly. Gavin McInnes – Blocked from coming here (Labelled Nazi – wife is Native American). Why use dynamite when mass media and community manipulation through political and educational activism work so much better? “They must feel so frustrated, so defeated, so lost, so futureless in the prevailing system that they are willing to let go of the past and change the future. This acceptance is the reformation essential to any revolution” — Saul Alinsky — Rules for Radicals, prologue. Government Once people want something, democracy gives it to them – who doesn’t want free things? Policy creates the serfdom of individuals by central planning and taxation: If the government is powerful enough to promise everything, they’re powerful enough to take it away. Friedrich von Hayek (1944) – dangers of tyranny that inevitably result from government control of economic decision-making through central planning. You can’t keep what you earn as others might not have it. The abandonment of individualism, classical liberation and freedom inevitably leads to socialist or fascist oppression and tyranny and the “serfdom” of the individual. Socialism, while presented as a means of assuring equality, does so through “restraint and servitude”, while democracy seeks equality in liberty. Centralised planning is inherently undemocratic - requires “that the will of a small minority is imposed upon people…the power of these minorities to act by taking money or property in pursuit of centralized goals, destroy the Rule of Law and individual freedoms. There is a massive disconnect here - Voting for more stuff from others gives you less freedom in the long run. Removes incentives from others if greater redistribution occurs Socialism No chance of establishing itself over a people who have learned to become self-reliant, and have this feeling of self-respect, and respect for their fellow men. This is actually the strongest barrier and safeguard against Socialism/Fascism which a democracy can possess. The dream is nice, but it’s awful in practice ‘I remained a socialist for several years, even after my rejection of Marxism. If there could be such a thing as socialism combined with individual liberty, I would be a socialist still. For nothing could be better than living a modest, simple, and free life in an egalitarian society. It took some time before I recognized this as no more than a beautiful dream; that freedom is more important than equality; that the attempt to realize equality endangers freedom; and that, if freedom is lost, there will not even be equality among the unfree’ KARL R. POPPER, Unended Quest I’ll be the first to admit how lucky I am. Growing up here, with good parents to instil the values of working hard for what you want. In the next episode I’ll go through The Communist Manifesto – As even Marx knew you need capitalism to create the wealth first, before redistributing it. The step is to use capitalism for a communist end. Here’s a link to an article I read, “Authoritarian Liberals and Satisfied Conservatives: New research modifies the landscape of political psychology”
Wayne Swan, Treasurer of Australia during the Great Recession, joins Mike Moffatt to discuss Australia's response to the financial crisis with the benefit of a decade of hindsight.
Thomas Frank, Wayne Swan & Denis Glover talk about inequality, politics and how to fight back at an event organised by the Chifley Research Centre and Per Capita.Kevin Healy brings us the Week that WasA report from the Melbourne Says No to Racism organised by the Greens in the present racist law and order campaign coming out out of Victorian Liberals leading up the Victoria's November 24th election.
Incoming Labor national president Wayne Swan has made it clear he will have an assertive voice in the role, as the party moves towards next year’s election. While many in the ALP would like action on party reform, Swan says bluntly it’s not top of mind for him. “I made it very clear [in campaigning for the presidency] that party reform in the first instance was not my priority,” he says. “My priority is winning the battle of ideas.” Looking to the rescheduled party conference in December, Swan acknowledges there will be battles on issues such as asylum seekers. But “we have to be mature about it – and I think the party will be”. “I think you’ve seen from the Labor party for the last five years a degree of unity of purpose that has been very strong, and I think that will shine through what will be very passionate debates at the national conference”. Swan alleges that the Liberal party has been taken over by “tea party fanatics who are dedicated to actually trashing government as an institution”. He stops short of calling Malcolm Turnbull a “tea party fanatic” but says the Prime Minister is “dancing to the tune [of them] at every turn … people like Peter Dutton, people like the Institute of Public Affairs.”
How do the cogs of government turn when preparing a federal budget? In this episode, The Lucky Country takes a behind-the-scenes look at the budget with former treasurer Wayne Swan. Swan and Richard Denniss discuss what is in the budget, and what decision-makers take into account when they decide who wins and who loses. News audio is courtesy of the ABC. Email us at: theluckycountry@schwartzmedia.com.au
Wayne Swan has been intimately involved in Australian politics with a career spanning well over forty years. From a party official to navigating Australia though the global financial crisis, Wayne has dedicated his political life fighting for working people.
In this episode we sit down with the former Australian Treasurer and Deputy Prime Minister, Wayne Swan. As Treasurer from 2007 to 2013, Wayne witnessed first-hand the devastation of the Global Financial Crisis and testament to his management, Australia was one of the only developed countries to avoid falling into recession. We sat down with Wayne to discuss what he is seeing in the global economy at the moment and to get his thoughts on some of the big financial topics of 2018. In this episode you will learn: • The two biggest themes Wayne is watching in 2018 • How Wayne thinks about money in politics and what can be done to limit its effect • Wayne's outlook on China • The reforms Wayne wants to see for the Australian housing market • Wayne's thoughts on Bitcoin and cryptocurrencies Stocks and Resources Discussed: • The 0.01 Per Cent: The Rising Influence of Vested Interests in Australia - Wayne Swan • John Curtain's War: The coming of war in the Pacific and reinventing Australia - John Edwards • Democracy in Chains: The deep history of the radical right's stealth plan for America - Nancy MacLean • Shane Oliver's Insights - AMP Capital • Bill Evan's Author Page - Westpac
‘I think it’s dead but I don’t think everyone has quite worked that out yet,’ Ed Balls, the former UK chancellor, says. He joins former Australian treasurer Wayne Swan to talk about the future of the global economy: if neoliberal ideals are not the solution to our problems, what is? How do we find a balance between the free market economy and the government taking a stronger role in regulating business?
In this episode of Living the Dream Jon (@JonPiccini) and Dave (@withsobersenses) are joined by Liz Humphrys (@liz_beths) who torpedos the hagiography of the ALP Hawke-Keating government. Whilst the talking heads of the ALP like Van Badham and Wayne Swan argue over if the Hawke-Keating government was mainly excellent with a few flaws or really excellent with none, Liz’s ground breaking work on the Accord shows how the latter was the central plank of the implementation of neo-liberalism in Australia and the method of delivering an epoch defining defeat to the working class and the decomposition of our power. Not one for pointless pessimism Liz also gives us some key insights from this history that can help us recompose a viable anticapitalist project today. Liz’s work can be found at: An Integral State Left Flank How Labour Made Neoliberalism (with Damien Cahill) And we take umbrage at these confused musings of and about Australian Laborism: Australian Labor led centre-left parties into neoliberalism. Can they lead it out? Labour has a chance if it replaces Corbyn. Look at Australia in 1983 The Hawke-Keating agenda was Laborism, not neoliberalism, and is still a guiding light For those interested in the subject matter of this podcast the Brisbane Labour History Association is presenting the Alex Macdonald lecture: Labor, labour and Australia in the 1980s feature historian Frank Bongiorno 7th June 5.30 for 6.00pm at the QCU Building, 16 Peel St,, South Brisbane. This podcast contains music from Painters and Dockers that encapsulates the feel of Australia in the 1980s
In this Budget special, Mark and Alice sit down with Australian treasurer Scott Morrison to find out if the government is using toilet water to figure out where to run their drug testing trials.Former Labor treasurer Wayne Swan gives his take on ScoMo’s Budget and Greens leader Richard Di Natale accuses the government of waging a war on young people. #LetsGoSharks
The former Labor treasurer Wayne Swan talks to Katharine Murphy about the challenge for his party in an era when global politics has shifted to the right. Australia is at a ‘tipping point’, Swan argues. ‘What we’ve seen is the radicalisation of both the Liberal party and very significant sections of the business community aligned with very wealthy plutocrats who are driving far harder for a much stronger and bigger and more powerful trickle-down agenda,’ he says. ‘Trump is the logical conclusion of the Thatcher-Reaganite era.’ Swan calls for a ‘strongly progressive tax system’ in a raft of measures to tackle economic inequality head on and urges Labor to consider a ‘Buffett rule’ to tax the very wealthy and avoid ‘offering some sickening Davos “third way” approach’ • Wayne Swan urges Labor to avoid being ‘trickle down-lite’ on tax
As a veteran of the Rudd-Gillard-Rudd years, former treasurer Wayne Swan is a politician with a great deal of experience with parliamentary instability. With the outcome of the election still uncertain, Swan tells Michelle Grattan Labor should approach the next period ahead in a very positive way. “We put [forward] a comprehensive agenda for inclusive growth. What you saw at this election was the defeat of the Abbott-Turnbull agenda of trickle-down economics,” he says. Swan says Malcolm Turnbull's authority has been “shattered” and that he will find it very hard to assert any authority in his partyroom. “His glass jaw-shattering speech after midnight on election night I think effectively ended his authority not just in his party but I think in the country.” Swan says he wants to continue to speak about issues he is passionate about from the position of a backbencher rather than from the shadow cabinet. “I want to use my time as treasurer to add to critical national debates and speak about them in a much more open way than I would otherwise if I had some form of executive responsibility,” he says.
Per Capita Reform Agenda Series public forum with Wayne Swan MP, Tony Sheldon and David Hetherington - a conversation about the pursuit of the Good Society. Economists now know that inequality is not only unfair - it's inefficient. Swan argues that Australia, probably more than any other country, was able to match strong economic growth with fairness of outcomes throughout the twentieth century, through industrial relations, universal healthcare and education, and a highly progressive tax and transfer system. These gains are now being challenged.
Having just released his new book 'The Good Fight', The ACT Fabians was lucky enough to host a conversation with the Hon Wayne Swan MP and Bernard Keane of Crikey to reflect on Wayne's story and the role of a Labor government into the future.
Wayne Swan was treasurer of Australia during an extraordinary period of our politics. He was at the financial helm when the world recession hit, and steered our economy through a time of unprecedented international economic challenges. Meanwhile, on the home front, the ALP was divided by leadership battles – whilst ruling on a knife-edge, as a minority government. Sally Warhaft asks Swan about managing the economy, the challenges and compromises of a minority government, and wrangling legislation through parliament in the face of bitter opposition from vested interests (including the mining, banking and hotel industries). They also talk about Australia's economic past, present and future.See omnystudio.com/listener for privacy information.
Wayne Swan was treasurer of Australia during an extraordinary period of our politics. He was at the financial helm when the world recession hit, and steered our economy through a time of unprecedented international economic challenges. Meanwhile, on the home front, the ALP was divided by leadership battles – whilst ruling on a knife-edge, as a minority government. Sally Warhaft asks Swan about managing the economy, the challenges and compromises of a minority government, and wrangling legislation through parliament in the face of bitter opposition from vested interests (including the mining, banking and hotel industries). They also talk about Australia's economic past, present and future.See omnystudio.com/listener for privacy information.
Per Capita Reform Agenda Series public forum with Wayne Swan and George Megalogenis,, launching Swan's new book, The Good Fight: Six Years, Two Prime Ministers and Staring down the Great Recession at the Melbourne launch at the State Library of Victoria on 21 August 2014. Australia's fiscal response to the Global Financial Crisis of 2008/9 ticked all the boxes: it was well thought through, it had a solid theoretical underpinning attuned to the times, and most importantly, it achieved its ends.
Federal Treasurer, Wayne Swan MP, gives his Post Budget Address at Per Capita's Reform Agenda Series. Reform in Australia and the struggle for a better society is something that's been a defining characteristic of our modern political history. Frequently understood very narrowly, Swan sees it reform as "making things better", improving living standards, spreading opportunity, summed up in the idea of "a fair go".
Labor’s promise of a budget surplus is as honest as Treasurer Wayne Swan’s hand on heart election promise not to bring in a carbon dioxide tax. And they are hiding expenditure they'd have to reveal if they were company directors. That socialist dream, the National Broadband Network, is a 40 billion dollar hole in the budget. As to Australia being the envy of the world, the deterioration in our budgetary position under Wayne Swan is even worse than that under the Whitlam years. The International Monetary Fund has just found the deterioration in our budget balance from 2006-07 was the fifth largest for the advanced economies - up with Greece, Iceland and Spain.
This week on the Barefoot Investor, it's all about the B word ... Budget 2010. We'll find out what Wayne Swan's no frill's budget means for the Australian economy. Scott catches up with financial services minister, Chris Bowen. Plus we help some barefooters whip their own budgets into shape.
This week on the Barefoot Investor, it's all about the B word ... Budget 2010. We'll find out what Wayne Swan's no frill's budget means for the Australian economy. Scott catches up with financial services minister, Chris Bowen. Plus we help some barefooters whip their own budgets into shape.
This week on the show, we discuss all things fiscal. Hot on the heels of Wayne Swan's budget speech, we take a look at the consequences. Also news about a Mexican thief.