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Thứ Sáu, 16 tháng 5, 2014

Abbott Government 2014: the road to fiscal insanity


For the sake of multiple self-aggrandising media film and sound bites Australian Prime Minister Tony Abbott committed Australia to an open-ended search for Malaysia Airlines Flight MH370.

A commercial Boeing 777 lost at sea sixty-nine days ago, with no possibility of survivors from among the 239 passengers on board.

The recent federal budget papers show that in the 2013-14 financial year the Abbott Government will spend at least $36.3 million on the sea search and has committed a further $53.6 million in 2014-15.

That is $89.9 million in total. With $53.6 million of this being thrown away so the prime minister can continue to have a media diversion in his pocket should the weekly media cycle strongly run against him or his government.

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