Ayn Rand Institute analyst Doug Altner surveys the private equity field in this article in Investor’s Business Daily.
A good explanation of why so many of our young don’t value democracy (see yesterday’s post) in a letter to The Australian here.
There is a lot of work to be done by entrepreneurs if they are to guard their futures from ever-enlarging government. Only 39% of young Australians believe democracy is better than other forms of government according to a Lowy Institute poll of 1005 people. Read more here.
Here’s Rowan Callick’s view
In this incisive article in The Australian Keith DeLacy, former treasurer of Queensland, argues that there is no current threat to the Great Barrier Reef from shipping or fishing.
Chinese migrant small businessman builds Australian export business.
The Minimum Wage Panel tzars mount yet another assault on business. As Judith Sloan points out, it matters not to the economically ignorant ivory-tower dwellers that many struggling business owners will consequently be on a lower hourly rate than their ‘protected’ employees.
In a presumptuous speech to the Mineral Council our PM stated “You don’t own the minerals. I don’t own the minerals. Governments only sell you the right to mine the resource. A resource we hold in trust for a sovereign people. They own it and they deserve their share.”
This trenchant article from Alan Moran, Director of Deregulation at the Institute of Public Affairs explains how wrong she is legally.