a great day, page-42

NK, so how do you reconcile your upbeat post with the one preceding it, the one about Marxists in Canberra? Aren't you concerned that increasing costs and government 'windfall taxes' above the long-term bond rate will squeeze margins? Maybe you think this plays into the hands of SLR during times of adversity... the weak perishing while the strong get stronger. Survival of the fittest in other words. However, Swan's new corporate tax proposal appears to reward failure and punish success, opposite of what free markets dictate.