Category: Basic Income

Richard di Natale addressing the National Press Club yesterday. Photo: Alex Ellinghausen Greens leader Richard Di Natale told the National Press Club yesterday that, because of the changing nature of work, Australia should introduce a universal basic income. His proposal would be costly, unnecessary and would create a permanent underclass.

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A UBI is a liveable, unconditional payment to all citizens. Theoretically, a UBI could be almost cost neutral if it replaced all welfare, health, education, and housing expenditure. However, this is not what the Greens are proposing. Di Natale has called for a UBI in addition to government services.A UBI […]

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Greens want ‘People’s Bank’

1:12 | 7 News Greens leader Richard Di Natale wants the Reserve Bank to offer cheap home loans to home buyers THE Greens want a "People’s Bank" to give Australians low cost mortgages and cheaper banking, but Bill Shorten says it would only flood more money into the housing market.

Greens leader Richard Di Natale is also set to reveal plans for a "universal basic income" to ensure every Australian has access to an adequate income and social services."Banks are now an essential service. You can’t have a job or get government support without having a […]

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Conflicts in Syria Take a Turn Guest: Amy Austin Holmes, PhD, Associate Professor of Sociology, American University in Cairo; Fellow in Middle East Program at Woodrow Wilson Center President Trump recently said the US will be bringing its forces home from Syria. But that does not mean conflict there is over. Rather, some conflict has opened on new fronts: Turkey is invading cities controlled by Kurdish forces in Northern Syria. And in the suburbs of Damascus, the military of Syrian president Bashar Al-Assad has killed more than a thousand people in a campaign to clear opposition forces from cities. […]

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Richard Di Natale has called for a huge change to welfare. Source: Getty. Greens leader Richard Di Natale is calling for a drastic transformation of Australia’s welfare system, to introduce a universal basic income as a “safety net” for everyone – no matter what their employment status is.

The senator will give a lengthy speech to the National Press Club today, and in a preview seen by Starts at 60 , he will also call for a new bank, the ‘People’s Bank’, to better support first-time home buyers with low-interest government loans.

He states: “We need a new era of reform; […]

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PRINT 2 comments Leon Della Bosca A “People’s Bank” and universal basic income (UBI) will be the focus of Greens Leader Richard Di Natale’s National Press Club speech today, along with claims that the Government is aiding and abetting a banking system that has failed all Australians.Senator Di Natale’s vision for a people’s bank involves low-cost mortgages and cheaper everyday banking through more competition with existing big banks.“Banks are now an essential service. You can’t have a job or get government support without having a bank account,” the Senator told Fran […]

Full Post at www.yourlifechoices.com.au

The Greens want a "People’s Bank" to give Australians low cost mortgages and cheaper banking, but Bill Shorten says it would only flood more money into the housing market.

Greens leader Richard Di Natale is also set to reveal plans for a "universal basic income" to ensure every Australian has access to an adequate income and social services.

"Banks are now an essential service. You can’t have a job or get government support without having a bank account," Senator Di Natale will tell the National Press Club on Wednesday."In the face of ongoing misconduct and price gouging, it’s time for government […]

Full Post at www.theherald.com.au

Great divide

• Sir – Why are only women expected to fast during occasions such as Karva Chauth? In Odisha, women are also expected to fast during Pua Jiuntia, Bhai Jiuntia and Savitri Brata. Again, among Brahmins, the thread ceremony is performed only for sons. Why can we not have such ceremonies for girls too? Nowadays, women are breaking all barriers and setting new milestones in diverse fields – from playing sports to flying fighter jets. Asserting equal rights even in rituals, Renuka Chowdhury, the Congress member of parliament, had performed the last rites of her father. Some of […]

Full Post at www.telegraphindia.com

>> Repost from another thread:

Lets say a minimum wage of $6 paid over a full time work week of 40 hours, that is 240 a week. Thats $12500 or so a year. This is using a rough low ball number as well. Lets round that down to $10k a year.

If this income is to be universal it would be given to every man woman and child in the country (otherwise its pretty much just welfare?). The US had 320million people last i googled. 320,000,000 x 10,000 = 3 200, 000, 000,000. Thats 3.2 trillion dollars? >The U.S. government’s total […]

Full Post at boards.4chan.org

Seventy-five years ago, the Beveridge Report identified five “Giant Evils” in society: squalor, ignorance, want, idleness, and disease. This report formed the crucible in which the system of national insurance was reformed and the National Health Service was founded by the subsequent Labour government. Although these Giant Evils have somewhat been tamed, more modern forms of want and idleness have grown up to replace them, as well as similar evils of obsolescence, isolation and disconnection.

The idea of a universal basic income is one that has been proposed to address these growing societal problems. The concept is that citizens receive […]

Full Post at fabians.org.uk