Date: February 15, 2025Author: Editor, cairnsnews 11 Comments “WE all know that the financial system is, as some people would say, it’s been cooked,” US gold trader, Josh Phair, CEO of Scottsdale Mint, said recently on the precious metals site Kitco News. Phair was attempting to explain the recent massive moves of gold from LondonContinue reading “‘Unseen hand’ moving large amounts of gold to New York – Aussie gold shares at decade low”
Tag Archives: finance
Ghosts of premiers past: Queensland’s budget is a fiscal horror show
Judith Sloan The Australian January 23, 2025 Once upon a time – OK, a very long time ago – public finances in Queensland were extremely well-managed. Public sector superannuation was fully funded, recurrent budget surpluses were the norm and there was limited government debt. The state’s credit rating was an unquestioned AAA. It began toContinue reading “Ghosts of premiers past: Queensland’s budget is a fiscal horror show”
UK Government Advances UN’s Crackdown on Citizens’ Climate Dissent
Frank Bergman Slay News January 8, 2025 The socialist UK government is advancing the United Nations’ (UN) plans to crack down on citizens who refuse to comply with the globalist “climate change” agenda. The British government is one of the main financial backers of a new international campaign led by the unelected UN. The campaignContinue reading “UK Government Advances UN’s Crackdown on Citizens’ Climate Dissent”
John Howard, Peter Costello lash Anthony Albanese and Jim Chalmers’ budget mismanagement
Troy Bramston The Australian December 31, 2024 John Howard has warned that Australia’s deteriorating budget bottom line and escalating debt could put the nation’s credit rating at future risk, while Peter Costello has lashed Treasury as an institution in decline that no longer defends taxpayers against spendthrift governments. The former prime minister and treasurer criticisedContinue reading “John Howard, Peter Costello lash Anthony Albanese and Jim Chalmers’ budget mismanagement”
Did you just have a tight Christmas? Blame Labor’s reckless spending spree
Saxon Davidson The Herald Sun December 25, 2024 Like a disappointed parent at Christmas dinner, MYEFO delivered some home truths to Jim Chalmers he has been seeking to avoid during his time as federal Treasurer. With forecast deficits of $143 billion across the forward estimates, and federal government debt set to soar to $1.16 trillionContinue reading “Did you just have a tight Christmas? Blame Labor’s reckless spending spree”
Economist says Australia is in recession, with private sector being ‘clobbered’ by Labor’s extreme immigration policy
Date: December 5, 2024Author: Editor, cairnsnews 20 Comments Australia’s Labor Party Treasurer Dr Jim Chalmers sends the country broke, has not held a real job in the private sector From Macrobusiness The head of Deloitte Access Economics, Pradeep Philip, gave one of the best summaries of Wednesday’s Q3 national accounts release from the Australian BureauContinue reading “Economist says Australia is in recession, with private sector being ‘clobbered’ by Labor’s extreme immigration policy”
Former ALP Premier Peter Beattie covered up $1 billion bad debt swindle
Date: October 13, 2024Author: Editor, cairnsnews 19 Comments Republished from 2021 Cairnsnews will be publishing a series of reports, perhaps nostalgic for older Queensland readers but what we are exposing from the 1970’s, 80’s and 90’s until the present day is the extent of corruption between government, police, public service, big business and the unions.Continue reading “Former ALP Premier Peter Beattie covered up $1 billion bad debt swindle”