What is ‘socialist’ about the legislation and why might such a move be considered ‘economic lunacy’?

SKU: Em0026 Category:

Why is it so difficult for Australian governments to implement major taxation reform?

 

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Addresses learning outcome(s):

1.On successful completion of this unit, students will be able to: 1. Understand the roles of government and business in pursuing social and economic goals;

 

2.Contrast theoretical traditions about and global approaches to the economic role of government;

 

3.Relate political, social and economic changes to changes in the national and global environments;

 

4.Demonstrate a sound knowledge of the ways that business and government respond to the dynamics of globalisation; and

 

5.Undertake projects requiring research, analysis and the effective communication of the results in writing.

 

Related graduate attribute(s):

1. UC graduates are professional – communicate effectively

1. UC graduates are professional – display initiative and drive, and use their organisation skills to plan and manage their workload

1. UC graduates are professional – employ up-to-date and relevant knowledge and skills

1. UC graduates are professional – take pride in their professional and personal integrity

1. UC graduates are professional – use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems

2. UC graduates are global citizens – adopt an informed and balanced approach across professional and international boundaries

2. UC graduates are global citizens – behave ethically and sustainably in their professional and personal lives

2. UC graduates are global citizens – think globally about issues in their profession

2. UC graduates are global citizens – understand issues in their profession from the perspective of other cultures

3. UC graduates are lifelong learners – adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas

3. UC graduates are lifelong learners – be self-aware

3. UC graduates are lifelong learners – reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development

 

Essay 2: Summative Academic Essay

Answering one of the essay questions below.

1.There has been much talk of ‘disruptive technologies’ by Prime Minister Malcolm Turnbull recently, citing Uber and AirBnB in particular. What does it mean for technology to be ‘disruptive’ and what is it that is being ‘disrupted’? Ensure you refer to regulatory frameworks in your answer.

 

2.A recent move by the Queensland Parliament to re-regulate the sugar industry has been referred to as ‘sugar socialism’ by some and ‘economic lunacy’ by others. What is ‘socialist’ about the legislation and why might such a move be considered ‘economic lunacy’?

 

3.Uber has disrupted the taxi industry in Australia. Are the reforms introduced in the ACT and NSW sufficient to compensate taxi drivers for the disruption caused by Uber? What societal changes have enabled the rise of ride-sharing businesses such as Uber? Are these reforms good for the economy? Why or why not?

 

4.Taxation reform in Australia will be crucial in coming years to ensure the Commonwealth has sufficient revenue to manage its responsibilities. Yet recent budgets have maintained the status quo. Why is it so difficult for Australian governments to implement major taxation reform? Who are the potential winners and losers? To what extent do the interest groups involved in the debate control the agenda?

 

5.Australian workplace relations reform in the late twentieth century included a move away from national and state-based awards to an enterprise bargaining system. Moves by the Howard Government to introduce an individual workplace bargaining system not only failed, but were largely blamed for Prime Minister Howard losing his seat at the 2007 election. Discuss the rationale for workplace relations reform. Who are the winners and losers? Why are Australian voters reluctant to accept an individual workplace bargaining system?

 

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