In response to criticism that the Federal government has failed to do anything significant for the unemployed or those about to become unemployed they have announced they will provide an extra $300 million funding for Job Network providers to help the retrenched workers get jobs. This initiative confirms my worst fears that this is a government that has failed to learn the lessons of the past.

Yesterday I gave a presentation on the origins of the global financial crisis to a business forum in Newcastle. You can listen to an edited version of the talk (runs for around 30 minutes) at the CofFEE Podcast site. You might also like to consult my previous blog on this topic to see the most…