Update on Aussie PM's plan to help families; Australian Senate passes tax cut for Medicare

Here's a further update on PM Rudd's A$10b plan for people who are vulnerable to an economic downturn:



Rudd's A$10b golden goose

And the Australian Senate- the Upper House- has decided to cut the taxes for 250,000 people for their Medicare coverage.

250,000 set to get Medicare tax cut

Last but not least, PM Rudd lambasts executives and their excessive pay, and proposes that executive pay be subjected to the amount of profit and job performance. This is in addition to the fact earlier that PM Rudd, upon taking over the government in January, had froze the wage levels of his government, and froze all wage increases for his ministers.

This is very important, considering there's no such thing in Singapore. We all know how excessive the wages are for the government in general over there, and the amount the rich get every month. Its a sign of government and private sector greediness, and it points to the fact on how corrupted politics and business have become in my home town.

Rudd's executive idea is to force a fine tuning