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Wayne Swan

This tag is associated with 5 posts

Australian debt may grow beyond $300 billion limit


Australia’s debt could breach the government’s legislated $300 billion maximum limit this calendar year as the outlook for Australia’s resource sector deteriorates. Treasury’s senior budget official, Nigel Ray, told the Senate economics committee last week that the debt was expected to rise no further than $290bn in 2013-14, based on the budget forecasts. Although it … Continue reading

Asia-Pacific watching foreign aid in Australia’s budget


Foreign aid spending remains the biggest issue for the Asia-Pacific region in the wake of Tuesday’s Australian budget. Australian Treasurer Wayne Swan says he’s delivered a sensible, calm and responsible budget, while reporting an $18 billion deficit next financial year. The budget delivers big social benefits for schools and the disabled, but hits foreign aid … Continue reading

Australian teachers have a lot to learn


The goal of the “Give a Gonski” campaign is not a revolution; it is a counter-revolution. Its targets are changes taking place in the Coalition states that bring greater autonomy to government schools, devolve more control from bureaucrats to parents and principals, and increase school choice. Victoria‘s proposals, released last week, to provide every low-income … Continue reading

Australian republic debate a distraction, says Opposition Leader Tony Abbott


Tony Abbott says Wayne Swan should concentrate on running the economy rather than raising “red herrings” like the republic debate. The Treasurer revived the republican debate in a Fairfax opinion piece today, saying a reflection on cricket’s 1930s Bodyline series should hasten the creation of an Australian republic. But the Opposition Leader – an ardent … Continue reading

Australia’s Newstart far from a temporary payment


New figures revealing the average time spent on the dole is two years undermine Wayne Swan‘s claim that the Newstart allowance is a “temporary payment” between jobs. The figures, released through the Senate estimates process, bolster the case mounted by Labor MPs and the welfare sector to increase the dole on the grounds it is … Continue reading

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Most Recent Posts Post on My Blog About China: China News

China’s new aircraft carrier Fujian: Hit or miss 

China’s new aircraft carrier Fujian: Hit or miss 

While the United States was wrapping up its Valiant Shield 2022 exercise on 17 June, China launched its third aircraft carrier with all the fanfare. The launch was postponed twice due to logistical and technical issues. The aircraft carrier has been named Fujian with the hull number 18. It has been under construction at the world’s largest […]

In Beijing’s BRICS summit, Putin is back on the world stage

In Beijing’s BRICS summit, Putin is back on the world stage

When Russian President Vladimir Putin dials into the virtual BRICS summit hosted by Beijing on Thursday, it will be his first time attending a forum with the heads of major economies since launching an invasion of Ukraine earlier this year. For Putin, this could offer a welcome picture: his face beamed onscreen alongside other leaders […]

U.S. not seeking to create “Asian NATO,” defense secretary says

U.S. not seeking to create “Asian NATO,” defense secretary says

The U.S. Defense Secretary emphasized partnership as the main priority for the American security strategy in the Indo-Pacific during a keynote speech on Saturday. However, Lloyd Austin stressed that the U.S. does not seek to create “an Asian NATO.” Austin spoke for half an hour at the First Plenary Session of the Shangri-La Dialogue 2022 […]

Why Chinese warplanes are ‘playing chicken’ with US allies

Why Chinese warplanes are ‘playing chicken’ with US allies

Chinese warplanes are targeting US allies in a high-stakes “game of chicken” over the Asia-Pacific that risks spiraling out of control — raising the risk of an incident that could spark war. That is the view of analysts who warn increasingly aggressive maneuvers by Chinese fighter jets — accused of endangering both Canadian and Australian […]

Has China lost Europe?

Has China lost Europe?

In April and May, as Russia’s war in Ukraine entered its third month, China sent a special envoy to meet with officials in eight central and eastern European countries. The timing was not coincidental: in the two months since Russia had launched its invasion, China’s standing in Europe had sunk to new lows. European governments […]

Xi’s re-election: Opportunity for the world, curse for China

Xi’s re-election: Opportunity for the world, curse for China

China is gearing up for the 20th National Congress of the Chinese Communist Party to be held later this year. According to the consensus view, President Xi Jinping’s historic bid for a third term as the party’s General Secretary is assured. The Chinese President and General Secretary of the Chinese Communist Party (CCP), Xi Jinping, doesn’t have much […]

China: A political view

China: A political view

I read Dr Mohamad Zreik[2] interesting and comprehensive article on the growth of China’s economy. It has come a long way since the days of Mao Tse Tung and the days of his communist experiment, the Long March, when millions died. The years that followed Mao set the path from which the economy took off […]

Math books outrage China with ‘ugly, sexually suggestive, pro-American’ images

Math books outrage China with ‘ugly, sexually suggestive, pro-American’ images

China has ordered a nationwide review of school textbooks after illustrations deemed ugly, sexually suggestive and secretly pro-American caused public uproar. The news has alarmed some experts and parents who fear the campaign is turning into a political witch hunt and represents an unnecessary tightening of the country’s already stringent censorship of cultural publications. The […]

Why Biden didn’t mean what he said about Taiwan

Why Biden didn’t mean what he said about Taiwan

The White House has been left scrambling a little after President Joe Biden suggested on May 23, 2022, that the US would intervene militarily should China attempt an invasion of Taiwan. The comment, which Biden made during a trip to Japan, was taken by some observers as a deviation from the official US line on […]

United States outmanoeuvres Russia once again? 

United States outmanoeuvres Russia once again? 

In a recent briefing, the US Director of National Intelligence (DNI), Avril Haines warned, “I would characterize it as the Russians aren’t winning, and the Ukrainians aren’t winning, and we’re at a bit of a stalemate here.” So, where is the Russia-Ukraine war heading? What is Russian President Putin planning next? Is Europe ready for […]