Search Results: economics

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  • AUSTRALIA

    Neoliberal economics can't care for the disadvantaged

    • Paul Jensen
    • 21 May 2015
    9 Comments

    Neoliberal economics underlies the recent Federal Budget and the major parties’ welfare policies. It proclaims the end of the age of entitlement and speaks of small government, as it embraces the privatisation of 'service delivery'. Faith based organisations are involved as agencies of the government, often forced to impose punitive measures rather than the promise of the 'carrot' that is their purpose. 

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  • AUSTRALIA

    Federal Budget a lost opportunity

    • Marcelle Mogg
    • 12 May 2015
    8 Comments

    Is this the Budget you have when you're not having a Budget? The most remarkable thing about this Budget, in contrast with Prime Minister Abbott's promise of a fair Budget, is that so much of it relies on the re-election of a Coalition Government in 2016. Is it fair to make vulnerable Australians wait that long?

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  • AUSTRALIA

    Budget must move beyond political fetish

    • Fatima Measham
    • 11 May 2015
    3 Comments

    The practice of presenting the budget to parliament came out of a crisis. In 1733,  British Prime Minister Robert Walpole's announced plan to impose an excise tax on wine and tobacco was met with outrage. It reflects the reality that budget presentation did not start out as a neutral exercise in transparency but rather a mishandled piece of political communication.

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  • ECONOMICS

    Ukraine conflict heightens global economic split

    • David James
    • 27 April 2015
    2 Comments

    The conflict in the Ukraine has attracted a great deal of attention for its geo-strategic implications. Less noticed have been the economic implications. The sanctions placed on Russia have forced Russia to become even closer to China, and the alliance between a military superpower and an economic superpower is beginning to split the global economy in two. It may come to represent the biggest geo-economic and geo-political shift of the first half of this century, defining much of the future landscape.

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  • AUSTRALIA

    Hope I die before I get (really) old

    • Brigitte Dwyer
    • 16 April 2015
    13 Comments

    Economists and politicians see productivity as our only hope for the future. We continually assess the productivity of people we meet, with the default question 'What do you do?' The worth of a person can be tied to their productivity, particularly that of older people. Those who advocate legal euthanasia can find it hard to accept that an unproductive life might be worth living.

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  • The questionable good that our public policy serves

    • Elenie Poulos
    • 01 April 2015
    4 Comments

    Humans have always pursued wealth and the power it affords, but only relatively recently has the world itself become organised around the service of that wealth. The systems and structures which define the way our world works are financial, geared to the making of profit. They are global and buoyed by governments whose domestic and foreign policies ensure their support. ‘Social good’ and the ‘common good’ are assumed to be economic neoliberalism, and what’s in the ‘public interest’ is whatever advances the neoliberal economic agenda.  

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  • AUSTRALIA

    Young people not supported after they leave care

    • Philip Mendes
    • 16 March 2015
    2 Comments

    There are currently two national inquiries into the experiences of children in out-of-home care. Yet neither is specifically exploring what happens to young people transitioning from care. This is like a football team putting in a good performance in the first half but neglecting the second, which decides the outcome.

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  • AUSTRALIA

    Q&A fails smart women

    • Moira Rayner
    • 10 March 2015
    23 Comments

    Annabel Crabb chaired it all really well, but the next day I realised that not only our Foreign Minister, but not one panelist, got one question about their extraordinary achievements. Bishop was managing partner of a big law firm. She has unique experiences and must have views on the world’s problems and their impact on Australia. But nobody asked.

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  • ECONOMICS

    Joe Hockey's crystal ball

    • David James
    • 05 March 2015
    8 Comments

    The 2015 Intergenerational Report is reminiscent of a comment by that great 20th century philosopher and baseball player Yogi Berra: 'It’s tough to make predictions – especially about the future.' Many economic commentators have pointed out, rightly enough, that Treasury cannot even get its one year predictions right. Nevertheless, it is worth looking at how the 40 year forecasts are constructed to see the kind of thinking involved.

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  • ARTS AND CULTURE

    The dark side of a migrant's American Dream

    • Tim Kroenert
    • 04 March 2015

    Abel's life is pointedly contrasted with Peter's, a young truck driver who has been the victim of several violent assaults on the job. Peter idolises Abel, for whom the Dream has apparently come true — if Abel can make it, so too can Peter. The problem is that Abel's Dream stands on the backs of ordinary workers like Peter. Peter is a tragic antihero coming to learn that for many, the Dream will remain just that.

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  • ECONOMICS

    Oil and gas redraw world strategic alliance map

    • David James
    • 15 February 2015
    3 Comments

    Sanctions against Russia have pushed Russia and China much closer together. Russia is set to provide two fifths of China’s gas needs after the completion of two massive pipelines. This will easily replace what they have lost in supplying Europe and deliver what the Chinese most crave: security of supply. Meanwhile, Russia has cut off 60 per cent of its supplies of gas into Europe, re-routing it to Turkey, and saying that Europe will have to build its own infrastructure to transport it to the Continent.

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  • AUSTRALIA

    Petrol price plunge won’t arrest car decline

    • Greg Foyster
    • 05 February 2015
    3 Comments

    After years of writing pain-at-the-pump puns, journalists are giddy at the prospect of prices heading south for once. The low price is a boon for motorists and regional tourism operators. But it won't change the face that we've hit 'peak car' and are driving less. Young people now prize access over ownership.

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