Search Results: finance

There are more than 200 results, only the first 200 are displayed here.

  • ECONOMICS

    Blessed are the moneymakers

    • David James
    • 16 May 2014
    9 Comments

    The 2014 Federal Budget has created a new hierarchy of virtue in Australian society, with well off investors deemed to be good and the disadvantaged bad. It is not so much class war as a war between capital and the rest of society. Those wielding significant capital are useful, while those who can save little, and have little to invest, are considered a burden.

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  • AUSTRALIA

    Probing the political culture of corruption in NSW

    • John Warhurst
    • 09 May 2014
    9 Comments

    The Independent Commission against Corruption in New South Wales continues to provide stunning insights into the compromised relationship between the major political parties and government in that state. It has moved on from Labor to the Liberal party and from political lobbying to political donations. But the essence of the story remains the same. Casual self-interest reigns, and the culture of political life at the top-end is corrupted.

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  • AUSTRALIA

    What Pope Francis thinks about Abbott's Audit

    • Michael Mullins
    • 05 May 2014
    17 Comments

    The National Commission of Audit believes spending cuts that produce a balanced Budget will make us all better off because we will have a stronger economy and more jobs. But Pope Francis is skeptical about such 'trickle-down' economic theories, which express 'a crude and naive trust in the goodness of those wielding economic power'.

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  • ECONOMICS

    Financial advisers can be more than bookies

    • David James
    • 26 March 2014
    6 Comments

    Removing the requirement that financial advisers act in the best interest of their clients will reveal financial advisers for what they really are: salespeople for the banks' wealth management platforms. Tony Abbott argues that the changes will remove 'red tape' and declaimed: 'We're creating the biggest bonfire of regulations in our country's history.' This is a duplicitous use of language that misunderstands how the finance sector works.

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  • ENVIRONMENT

    Religious rebels rattle Big Coal's cage

    • Thea Ormerod
    • 19 March 2014
    14 Comments

    The arrest last week of three identifiably religious people drew attention again to Whitehaven's new coal mine site at Maules Creek, in northern NSW. Why did these people of faith feel it was time to put their bodies on the line? Simply put, when the law is fully harnessed to keep in place a system that many consider to be immoral, the most ethical action is peaceful, non-violent disobedience.

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  • AUSTRALIA

    Ugly nationalism in support for Qantas bailout

    • Michael Mullins
    • 03 March 2014
    10 Comments

    In the face of the Federal Government's resolve to be unemotional in its attitude to financial assistance for Qantas, we have Bill Shorten warning us against 'waving goodbye to an Australian icon'. Underlying mention of Qantas as an 'Australian icon' could be the sentiment associated with the 1990s resurgence of nationalism and its racist undertones associated with Pauline Hanson.

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  • INTERNATIONAL

    New Zealand rocks but the poor are rolled

    • Cecily McNeill
    • 17 February 2014
    4 Comments

    With the Australian economy in disarray, the Abbott Government is showing keen interest in New Zealand's projected unusually high growth. But NZ's status as a rock star economy is in question from commentators who say it has never recovered from major policy shifts 30 years ago. In particular its sexy image on the global business stage does not translate to a better life for those on low incomes, particularly women and children.

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  • MEDIA

    Exploiting consumers needs to be illegal

    • Michael Mullins
    • 10 February 2014
    7 Comments

    The ANZ Bank faces a huge payout after a class action by its customers secured a partial but significant victory against the bank's unfair and illegal credit card late payment fees. This is happening because we have laws to protect consumers. The Federal Government is well advanced in its efforts to wind back existing and planned laws that protect consumers, as they are considered red tape that places an unnecessary burden on business.

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  • AUSTRALIA

    Best of 2013: NDIS helps the common good

    • Moira Byrne Garton
    • 17 January 2014
    3 Comments

    Dr Maurice Newman, chairman of the Prime Minister's Business Advisory Council, last week cautioned the Government against listening to certain interests at the expense of the common good. His criticism of the former Government as 'reckless' for establishing and funding the National Disability Insurance Scheme reveals an upsetting indifference and a lack of awareness of the benefits of such a scheme both to individuals and to society as a whole.

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  • AUSTRALIA

    Without jobs we're Scrooged

    • Michael Mullins
    • 16 December 2013
    9 Comments

    Pope Francis says: 'Work means dignity, work means taking food home, work means loving!' Some commentators criticise the government for taking an active role in maintaining employment through subsidising unprofitable industries. They miss the point that it's the government's job to promote the wellbeing of the people, and having a job is so fundamental to living in modern society.

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  • ECONOMICS

    Supermarket self-regulation is a joke

    • David James
    • 10 December 2013
    15 Comments

    It is hard not to smile over Woolworths' and Coles' 'voluntary' adoption of a code of conduct. Now that the duopoly has decided to mend its ways, it seems it can occupy the moral high ground and preach to everyone else. The Western world has been subject to a quarter of a century of propaganda about the virtues of deregulation. A closer consideration of the supermarket giants' promise to do the right thing offers little reason for confidence.

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  • AUSTRALIA

    NDIS helps the common good

    • Moira Byrne Garton
    • 20 November 2013
    15 Comments

    Dr Maurice Newman, chairman of the Prime Minister's Business Advisory Council, last week cautioned the Government against listening to certain interests at the expense of the common good. His criticism of the former Government as 'reckless' for establishing and funding the National Disability Insurance Scheme reveals an upsetting indifference and a lack of awareness of the benefits of such a scheme both to individuals and to society as a whole.

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