MELBOURNE — State Library of Victoria (Swanston St) — Tuesday 12 April @ 12:45-2PM
SYDNEY — Belmore Park (Near Central Railway station) — Tuesday 12 April @ 12:45-2PM
RSVP via Rally against NHMRC Budget cuts Facebook page (you need to be logged into Facebook to view this page).
Download the Sydney rally flyer
ADELAIDE — Steps of Parliament house, North Terrace — Tuesday 12 April @ 12:30PM (Adelaide time)
What to wear and bring
- Wear orange for Discoveries Need Dollars and your lab coat!!
- Make and bring your own banners to wave or download and print one of the Discoveries Need Dollars signs.
- Bring your colleagues, friends and family, strong voices and catchy slogans.
I’ll be attending the Sydney Rally–though without a lab coat! Please attend one of the rallies, if you are able.
It’s a travesty that the government or its advisers can considering reducing funding for worthwhile activities like research, without even contemplating ending harmful sacred cows like those two schemes to keep house prices rising.
This is all being done in the name of returning the budget to surplus–an obsession that is being justified in the name of Keynes (see ” Swan’s back-to-black defence”) when this is a travesty of Keynes’s views.
The rumoured cut of $400 over 3 years pales beside how much could be “saved” by limiting the First Home Buyers Grant to new housing only. On a back of the envelope calculation, this would save five times as much as the planned cuts to research would save.
There are roughly 110,000 recipients of this grant every year, less than ten percent of whom buy a new house. Limiting the grant to them alone would save $700 million per year, versus the $133 million “saving” from cutting research funding.
This would also be a socially beneficial budget cut. Giving the grant to buy existing homes simply adds more levered money to the competition for existing houses, driving up their prices. Restricting the grant to new houses only would help make housing less unaffordable, and boost demand for the ailing construction sector.