Search Results: financial crisis

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  • AUSTRALIA

    Pragmatic answers to the asylum seeker question

    • Frank Brennan
    • 27 June 2013
    10 Comments

    'I want to outline the contours for a better approach — better than forcibly turning around boats, better than transporting people to Nauru and Manus Island or to Malaysia to join an asylum queue of 100,000 or permitting people to reside in the Australian community but without work rights and with inadequate welfare provision.' Frank Brennan speaks at the Australian Catholic University National Asylum Summit 2013.

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  • AUSTRALIA

    Rudd's second coming

    • Ray Cassin
    • 27 June 2013
    21 Comments

    Can Rudd fare any better? He is a formidable campaigner and consistently rates well above either Abbott or Gillard when poll respondents are asked who is their preferred prime minister. What is more, Labor has a success story to tell about the economy, which the Government thus far has failed to sell. Rudd tells this story without illusions.

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  • ECONOMICS

    How financial devils came to rule the universe

    • David James
    • 05 June 2013
    7 Comments

    Religious authorities may not spend a lot of time pondering the nature of global financial systems, but the Pope's recent comment that 'money has to serve, not rule' suggests it can be useful when they do. Given scope to become rule makers, rather than just people who know how to exploit the rules, financiers have moved themselves to a position of mastery.

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  • ECONOMICS

    Banksters' deadly game of Sheldon's three-person chess

    • David James
    • 01 May 2013
    3 Comments

    In The Big Bang Theory Sheldon invents a game of chess which 'utilises a three-sided board with transitional quadrilateral-to-triangular tessellation to solve the balanced centre combat-area problem'. This gobbledegook sounds suspiciously similar to the application of mathematical models to financial securities in derivatives markets.

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  • AUSTRALIA

    Margaret Thatcher versus the Scots

    • Duncan MacLaren
    • 10 April 2013
    72 Comments

    While any man's death diminishes me because I am involved in mankind', I must admit to pouring a glass of good malt at the news of Thatcher's passing. The Southern English may laud her as the greatest prime minister after Churchill but for us Scots she was a hate figure who in the last days of her premiership scarcely dared to cross the border for fear of being assassinated.

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  • ECONOMICS

    Don't bet on the Australian dollar

    • David James
    • 08 February 2013
    4 Comments

    This week the Australian dollar reached its lowest point in three months. Tangible factors such as interest rates and trade with China influence its strength. But what really determines the direction of our currency is the whim of the currency traders. In that sense, the Aussie is is arguably the most 'unreal', or virtual currency in the world.

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  • MARGARET DOOLEY AWARD

    Best of 2012: Catholic and Aboriginal 'listening revolutions'

    • Evan Ellis
    • 10 January 2013
    4 Comments

    St Benedict of Nursia knew about living in a dying world. He was born 25 years after the Vandals sacked Rome and died months after the Ostrogoths had their turn. He watched as old certainties went up in flame. As existing institutions were hollowed out or winnowed completely, Benedict started a revolution. Wednesday 12 September 

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  • ECONOMICS

    Best of 2012: The upside down world of global capital

    • David James
    • 09 January 2013
    1 Comment

    Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening. Monday 27 August 

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  • ARTS AND CULTURE

    Stories about people who want to do better

    • Tim Kroenert
    • 20 December 2012
    3 Comments

    One man suffers the shame of sex addiction. For another, a quadriplegic, sex is a matter of dignity. Two couples meet for a civilised discussion about their children's behaviour, but civility collapses. An antihero embraces violence as a solution to exploitative American media. Eureka Street counts down its essential films of 2012.

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  • AUSTRALIA

    US gun law reform is biblical

    • Evan Ellis
    • 18 December 2012
    10 Comments

    Following the latest school massacre US President Obama cited Psalm 147, invoking God to 'heal the broken-hearted and bind up their wounds', and renewed a call for 'meaningful action'. He'll be judged not on his words, but on how he defines and delivers said 'action'. He'd do well to first revisit Psalm 147 in its entirety. 

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  • ENVIRONMENT

    Practical solutions to climate despair

    • Lyn Bender
    • 13 December 2012
    21 Comments

    The Doha climate talks have come and gone, and it is all business as usual. Actually, it is full steam ahead with coal, despite dire warnings from the World Bank that if we don't turn down the heat we face clear threats to our great god, The Economy. While denial and despair are tempting options at this point, there are healthier ways to respond.

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  • RELIGION

    Keating’s Timor and Carr’s Papua

    • Frank Brennan
    • 30 November 2012
    17 Comments

    Paul Keating this month reflected on his determination as Prime Minister 'to establish a new and durable' relationship with Indonesia' and lamented the Australian media and his predecessors' preoccupation with human rights abuses in East Timor. It'd be churlish to question these reflections if the current Foreign Minister were not on the cusp of making a similar mistake regarding Papua.

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