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John Stone (Australian Politician)
John Owen Stone (born 31 January 1929) is a former Australian public servant and politician. He was Secretary to the Treasury between 1979 and 1984, and a senator for Queensland, representing the National Party, from 1987 to 1990. Early life Stone was born on 31 January 1929 in Perth, Western Australia. After gaining first class honours in mathematical physics for his bachelor of science degree and representing his state at hockey (under 21), he was selected as the Rhodes Scholar from Western Australia for 1951. At Oxford he was awarded first class honours in Philosophy, Politics and Economics (PPE) and won the James Webb Medley Prize for Economics. Public service career In 1954, Stone returned to Australia and joined the Treasury. He rose within the Treasury department to become Secretary during the period of the Fraser government. He penned a severe critique of Fraser's economic policies, which was used against the Liberal Party once the Australian Labor Party won the 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Senate
The Senate is the upper house of the bicameral Parliament of Australia, the lower house being the House of Representatives. The composition and powers of the Senate are established in Chapter I of the Constitution of Australia. There are a total of 76 senators: 12 are elected from each of the six Australian states regardless of population and 2 from each of the two autonomous internal Australian territories (the Australian Capital Territory and the Northern Territory). Senators are popularly elected under the single transferable vote system of proportional representation. Unlike upper houses in other Westminster-style parliamentary systems, the Senate is vested with significant powers, including the capacity to reject all bills, including budget and appropriation bills, initiated by the government in the House of Representatives, making it a distinctive hybrid of British Westminster bicameralism and American-style bicameralism. As a result of proportional representation, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joh Bjelke-Petersen
Sir Johannes Bjelke-Petersen (13 January 191123 April 2005), known as Joh Bjelke-Petersen, was a conservative Australian politician. He was the longest-serving and longest-lived premier of Queensland, holding office from 1968 to 1987, during which time the state underwent considerable economic development."Sir Joh, our home-grown banana republican" , ''The Age'', 25 April 2005. He has become one of the most well-known and controversial figures of 20th-century Australian politics because of his uncompromising conservatism (including his role in the downfall of the Whitlam federal government), political longevi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Premier Of Queensland
The premier of Queensland is the head of government in the Australian state of Queensland. By convention the premier is the leader of the party with a parliamentary majority in the unicameral Legislative Assembly of Queensland. The premier is appointed by the Governor of Queensland. The incumbent premier of Queensland since the 2015 election is Annastacia Palaszczuk of the Labor Party. Constitutional role Under section 42 of the Constitution of Queensland the premier and other members of Cabinet are appointed by the Governor and are collectively responsible to Parliament. The text of the Constitution assigns to the premier certain powers, such as the power to assign roles (s. 25) to Assistant Ministers (formerly known as Parliamentary Secretaries), and to appoint Ministers as acting Ministers (s. 45) for a period of 14 days. In practice, under the conventions of the Westminster System followed in Queensland, the premier's power is derived from two sources: command of a maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peter Costello
Peter Howard Costello (born 14 August 1957) is an Australian businessman, lawyer and former politician who served as the treasurer of Australia in government of John Howard from 1996 to 2007. He is the longest-serving treasurer in Australia's history. Costello was a member of parliament (MP) of the Australian House of Representatives from 1990 to 2009, representing the Division of Higgins. He also served as the Deputy Leader of the Liberal Party from 1994 to 2007. On 18 September 2008, Costello was appointed as chairman of the World Bank's new Independent Advisory Board (IAB) to provide advice on anti-corruption measures. Costello has served as Chairman of Nine Entertainment Co. since February 2016. Costello is Chairman of the Board of Guardians of Australian Future Fund. Early life Costello was born on 14 August 1957 in Melbourne into a middle-class family of practising Christians. He was the second of three children; his elder brother, Tim, is a prominent Baptist m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goods And Services Tax (Australia)
Goods and Services Tax (GST) in Australia is a value added tax of 10% on most goods and services sales, with some exemptions (such as for certain food, healthcare and housing items) and concessions (including qualifying long term accommodation which is taxed at an effective rate of 5.5%). GST is levied on most transactions in the production process, but is in many cases refunded to all parties in the chain of production other than the final consumer. The tax was introduced by the Howard government and commenced on 1 July 2000, replacing the previous federal wholesale sales tax system and designed to phase out a number of various State and Territory Government taxes, duties and levies such as banking taxes and stamp duty. An increase of GST to 15% has been put forward, but is generally lacking in bipartisan support. Introduction of GST Les Bury, federal treasurer in the Gorton government from 1969 to 1971, was an early supporter of a broad-based national consumption tax, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumption Tax
A consumption tax is a tax levied on consumption spending on goods and services. The tax base of such a tax is the money spent on consumption. Consumption taxes are usually indirect, such as a sales tax or a value-added tax. However, a consumption tax can also be structured as a form of direct, personal taxation, such as the Hall–Rabushka flat tax. Types Value-added tax A value-added tax applies to the market value added to a product or material at each stage of its manufacture or distribution. For example, if a retailer buys a shirt for twenty dollars and sells it for thirty dollars, this tax would apply to the ten dollar difference between the two amounts. A simple value-added tax is proportional to consumption but is regressive on income at higher income levels, as consumption tends to fall as a percentage of income as income rises. Savings and investment are tax-deferred until they become consumption. A value-added tax may exclude certain goods to make it less regressi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neoliberalism
Neoliberalism (also neo-liberalism) is a term used to signify the late 20th century political reappearance of 19th-century ideas associated with free-market capitalism after it fell into decline following the Second World War. A prominent factor in the rise of conservative and libertarian organizations, political parties, and think tanks, and predominantly advocated by them, it is generally associated with policies of economic liberalization, including privatization, deregulation, globalization, free trade, monetarism, austerity, and reductions in government spending in order to increase the role of the private sector in the economy and society. The defining features of neoliberalism in both thought and practice have been the subject of substantial scholarly debate. As an economic philosophy, neoliberalism emerged among European liberal scholars in the 1930s as they attempted to revive and renew central ideas from classical liberalism as they saw these ideas di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Keating
Paul John Keating (born 18 January 1944) is an Australian former politician and unionist who served as the 24th prime minister of Australia from 1991 to 1996, holding office as the leader of the Australian Labor Party (ALP). He previously served as treasurer of Australia in the Hawke government from 1983 to 1991 and as deputy prime minister of Australia from 1990 to 1991. Keating was born in Sydney and left school at the age of 14. He joined the Labor Party at the same age, serving a term as State President of Young Labor and working as a research assistant for a trade union. He was elected to the Australian House of Representatives at the age of 25, winning the division of Blaxland at the 1969 election. Keating briefly served as Minister for Northern Australia from October to November 1975, in the final weeks of the Whitlam government. After the Dismissal removed Labor from power, he held senior portfolios in the Shadow Cabinets of Gough Whitlam and Bill Hayden. Durin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bob Hawke
Robert James Lee Hawke (9 December 1929 – 16 May 2019) was an Australian politician and union organiser who served as the 23rd prime minister of Australia from 1983 to 1991, holding office as the leader of the Australian Labor Party (ALP). Previously he served as the president of the Australian Council of Trade Unions from 1969 to 1980 and president of the Labor Party national executive from 1973 to 1980. Hawke was born in Border Town, South Australia. He attended the University of Western Australia and went on to study at University College, Oxford as a Rhodes Scholar, during which time he set a world record for downing a yard of ale in 11 seconds. In 1956, Hawke joined the Australian Council of Trade Unions (ACTU) as a research officer. Having risen to become responsible for national wage case arbitration, he was elected as president of the ACTU in 1969, where he achieved a high public profile. In 1973, he was appointed as president of the Labor Party. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1983 Australian Federal Election
The 1983 Australian federal election was held in Australia on 5 March 1983. All 125 seats in the House of Representatives and all 64 seats in the Senate were up for election, following a double dissolution. The incumbent Coalition government which had been in power since 1975, led by Malcolm Fraser ( Liberal Party) and Doug Anthony ( National Party), was defeated in a landslide by the opposition Labor Party led by Bob Hawke. This election marked the end of the seven year Liberal-National Coalition Fraser Government and the start of the 13 year Hawke-Keating Labor Government. The Coalition would spend its longest ever period in opposition and the Labor party would spend its longest ever period of government at a federal level. The Coalition would not return to government until the 1996 election. Background and issues At the time of the election, the economy suffered from high inflation and high unemployment, alongside increases in industrial disputation and drought across muc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Labor Party
The Australian Labor Party (ALP), also simply known as Labor, is the major centre-left political party in Australia, one of two major parties in Australian politics, along with the centre-right Liberal Party of Australia. The party forms the federal government since being elected in the 2022 election. The ALP is a federal party, with political branches in each state and territory. They are currently in government in Victoria, Queensland, Western Australia, South Australia, the Australian Capital Territory, and the Northern Territory. They are currently in opposition in New South Wales and Tasmania. It is the oldest political party in Australia, being established on 8 May 1901 at Parliament House, Melbourne, the meeting place of the first federal Parliament. The ALP was not founded as a federal party until after the first sitting of the Australian parliament in 1901. It is regarded as descended from labour parties founded in the various Australian colonies by the e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
