Websites: Selwyn Johnston\'s website is hard to read, yellow on green is harsh on the eyes. I disagree with him on some of the public assets, Telstra should get broken up IMO. He also seems to not like activist judges, how rampant has that been in Australia or is it just a conservative meme that has taken hold?
From the \"Great Australians\";
We will establish the people owned Australian Business Bank to provide loans to inventors, new and expanding businesses, women starting up businesses and farmers who other Banks refuse to help.
High risk capital allocation is probably best done through a stock market system than a bank. The cost of capital is definately not uniform and the high risk small amount capital is the hardest to raise. I think this would be better served with some legislation to create a new Venture Capital market that is like the stock market but with caveats like the US REIT legislation, where dividends are mandatory.
We will introduce a compulsory scheme for 18-25 year old males and females where they must perform 3 months paid service in the military or one of a designated list of community organisations.
No mention why they think this is a good idea. Their immigration is ultra-conservative too;
Migrants must become Australian citizens and learn English within two years or leave
So what your saying is, Australia needs a ratification party that is philisophically liberal and recognizes that deals and compromises have to be made in a political system. Welcome Senator Scrymarch for Queensland of the Australian Ratification and Sortitionist Party.
cam
Comments