Issue 2008 May 10
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COVER STORY: Labor abandons small business
The Rudd Government seems set to weaken laws designed to outlaw predatory pricing by large retailers.If ever a front-page headline got it completely wrong, it was The Australian’s “Rudd to rein in business bullies”, announcing new changes to the Trade Practices Act.The Australian article (April 28) claimed that the Rudd Labor Government was ready to introduce legislation to “strengthen” the Birdsville Amendment, which…
AGRICULTURE: Behind the world’s food shortage
Food riots in a number of developing countries have begun to refocus the attention of governments after decades of policy neglect. Patrick J. Byrne reports.Worldwide, just over a billion people survive on US$1 a day, the line of absolute poverty, while a further 1.5 billion make do on US$1.00-1.50 a day.Bob Zoellick, president of the World Bank, says that the world food crisis…
