Lexi, really.

I have a degree in economics and an MBA, a fluff piece from a greenie website is not going to suddenly light the way. For you a small piece of economics 101.

There are two main factors in the economy i.e. businesses (from heavy industry to hairdressers) and consumers (households)

Industry buys in inputs of goods and services (from other businesses) and labour (from the households) and produces outputs that are consumed and paid for as inputs to other business or eventually by consumers.

Households consume the products and provide labour.

For both business and households the value of products and consumption are equal.

Thus if the cost of inputs (energy) is increased business has either to pass the cost on (which is inflation) or reduce inputs. Given that goods and services are unlikely to decrease, this can only come from reducing labor costs, or finally simply go out of business.

Simply giving cash to consumers to compensate for increased costs boosts inflation further.

Since Ian McAuley publishes articles almost exclusively in support of Labor policies, his fluff pieces reflect more his personal politics than economics.

SM,

I wasn't aware that "New Matilda," was a "Greenie Website," (shock, horror). And your credentials, if I believe you, should have given you the capability to do some lateral thinking. All I ever get from you is no concessions whatsoever - no admittance even of minor points, you seem to simply carry on with the same rhetoric as your party leader. It makes me immune to it all after a while. Every argument being presented to you is either - "motherhood statements,"
"unsubstantiated mumbo-jumbo," and now of course - "Green websites."
Listen to yourself. Did you even read the website in its entirety. I thought the author presented a rather balanced point of view - presenting what needed to be done for things to be effective.

For someone who takes pride in their supposed credentials (and I only say supposed - because your behaviour is not that of a well-educated person) - you come across as possibly someone who can do simple arithmetic. The more ambitious accountants foolishly imagine that their trade will one day rival the bar as a training ground for a political career. Certainly skills of accountants at adjusting the books so as to make profits look like losses for tax purposes and at making losses look like profits to fool shareholders are of great assistance to parties, especially those of the right or the affluent left.

Did you fail at a political career?

Lexi/Poirot you do not need to rebut Shadow Minister, he does it best.
We all know we should not get involved in verbal tennis with him.
He has no strings in his racket, yet it is for filling to take an easy win.
Facts are we do need to wake up, in the strangest way, for a place that puts so many conspiracy theory's out we may be victims of a real one.
I do not speak for propaganda reasons, but just airing my true belief.
Labor, other than just a few is by far better than the front bench of the opposition.
Maybe not some little Tony holds back, young new blood left to go stale.
But we are unable to hear from them.
Medea,now remember privately owned, just as likely SM could own part,is ignoring our country's best interests.
Tell me, headlines about pink bats, but no indignation about conservatives being funded by tobacco.
Mountains built from ant nests against Labor but few words saying Tony little man is the only living conservative leader not supporting a cost on green house gasses.
Wake up Australia.
If we elect one of these two leaders we do no favors for our country.
When will the media be honest about the fact we are followers not leaders in costing carbon.

Poirot,

Fiscal discipline and competent government.

As opposition leader, his job is to get rid of the most incompetent and dishonest government under Juliar that Australia has probably ever seen.

As for what the libs stand for, it took me 10sec to find this.

http://www.liberal.org.au/The-Party/~/media/PlatformV11version3.ashx

If you rely on information from the Labor party, you will be in the dark

csteele
I point out one set of false beliefs, you lie that you answered my questions when you evaded them, and then trot out another set of false beliefs which you make no attempt to prove.

But if it's true, when what is the limit, if any, to this wondrous invention of taxation? Why shouldn't the tax rate on everything be 100 percent?

"We as a commmunity" don't tax, the state does. You are simply parroting your brainwashed beliefs that they are the same thing.

Cars and butter kill far more people than cigarettes - should be they illegal too?

Why shouldn't everything be illegal that you don't like?

I recommend those who truly want to know about politics in this country watch question time.
On again tomorrow and the real Anthony Abbott can be seen.
He refuses to tell you, I already know, his carbon scheme is a multi billion dollar tax on us mostly paid to polluters.
We need to wake up.