Tag Archives: kevin rudd

Daily View 2×2: 1 November 2009

It’s Sunday. It’s 7am. And we’ve got the definitive musical proof that Australian Premier Kevin Rudd is not US President Barack Obama. But first, the news.

2 Big Stories

Government to set up bank chains
Done well, this could be rather good news. A bit more competition in the banking sector could improve service, reduce costs and – by undermining some of the basis for massive bank profits – indirectly help deal with massive bonus payments:

Three new High Street banking chains are to be created by the government by 2015 as part of a major overhaul.

They will be set up by breaking up Royal Bank of Scotland, Lloyds and Northern Rock, the banks it partially or wholly controls after bail-outs…

The aim of the new banks is to increase competition and recoup taxpayers’ cash.

The government, which holds a 70% stake in RBS and a 43% stake in Lloyds after last October’s bailouts, hopes to announce the sell-off plans on Tuesday.

The new banks will be standard retail banks concentrating on deposits and mortgages.

They will be sold to new entrants to the banking market and not to existing financial institutions. (BBC)

Posted in Daily View | Also tagged , , and | 11 Comments

How to defeat a long-serving government: lessons from Australia

Cross-posted from The Wardman Wire:

Politics doesn’t just happen in the US

Australian politics should be a fertile learning ground for those interested in British politics. Whilst it does not have the West Wing glamorous scale of US politics, it shares the US advantage of a common language – which makes access to political information much easier than for other countries. Moreover, unlike the USA, it has the mundane – but vital – importance of having a political system that in core elements is the same as Britain (two houses of Parliament, leader of the largest party in the lower house gets to be Prime Minister, no elected person more senior than the Prime Minister).

Both Australia and the US have had a long period of right-wing political dominance (Liberals and Republicans respectively), during which time the right seemed to have largely shifted the terms of political debate, come to dominate the vocabulary of issues and seen off an opposition that was often split between those who urged moderation and the centre ground as the sensible response to defeat and those who saw that very moderation as timidity and the cause of repeated defeat.

In both cases, the right finally lost – John McCain in 2008, Australian PM John Howard in 2007. But whilst lessons from the previous Democrat defeats and then Obama’s victory in 2008 have been commonly discussed in the UK, Australian politics does not get much of a look-in, although former Labour Cabinet Minister Alan Milburn was a key advisor during the 2007 Australian election. What are we missing by failing to look more often to Australia?

Posted in Books and Op-eds | Also tagged , and | 3 Comments
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  • User AvatarPaul Fisher 23rd Feb - 12:43am
    As usual Paul Reynolds is "on the money"! I am afraid MALC that the UK propaganda machine has hijacked your worl (European) view. Check out...
  • User AvatarPaul Walter 22nd Feb - 11:39pm
    David It was a post by me, on behalf of the team. I happily stand by it. It’s an attractive PPB. I thought the narration...
  • User AvatarTynan 22nd Feb - 10:19pm
    @Mary Reid, whilst not specifically about gay marriage there is some evidence that suggests that opinions towards homosexuality in the capital differ to those of...
  • User AvatarRodney Watts 22nd Feb - 9:19pm
    @Miranda Pinch. An excellent comment on some flawed thinking, and so glad it came from a like- minded Jewish LD. Whilst we appreciate Lorenzo’s concern...
  • User AvatarRob Heale 22nd Feb - 9:14pm
    Social Liberals have supported the ideas of "co-determination" and "co-ownership" for decades. Lets hope that Liberal Democrats can develop these ideas to help give employees...
  • User AvatarDavid Becket 22nd Feb - 7:42pm
    Agreed Nigel. I am hoping for change and think it may be possible, but when a spokesperson for Voice approves of this video it shows...