The Point

Barnaby might not understand the velocity of money, but neither does anyone else, and to be honest, the entire concept of it on inflation is pretty disputed, so trying to argue against him on that score is a mug’s game. The same goes for the One Nation and LNP’s policy of letting people raid their super.

The Minerals Council of Australia is advertising that mining companies pay “at least 30 cents of every dollar to government”, rising to as much as 54 cents “once royalties are included”. Except, this is not correct.

On Tuesday, Bob Brown told ABC’s 730 that the NSW Government’s plan to make the creation of the Great Koala National Park dependent on being able to sell carbon credits “a scam”. And Bob Brown is right, these credits do not represent actual carbon abatement.

David Farley, the One Nation MP who won the Farrer by-election in May, is “poised to quit One Nation” according to the Saturday Paper. It wouldn’t be the first time a One Nation MP has quit the party soon after being elected. In fact, that’s been the fate of 25 of the 52 MPs that have ever represented the party in Australian parliaments.

It isn’t always easy to keep up with what’s happening in the US. “Shorter America” is a series where Dr Emma Shortis loops you in on what’s going on in America and shares news and analysis that you can trust.

Seventeen thousand people voluntarily pay for a Melbourne radio station they could listen to for free. At a time when traditional media is shrinking and Big Tech algorithms increasingly decide what information audiences see, Melbourne radio station Triple R is showing there’s still strong demand for local, independent media.