Search Results: banks

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  • AUSTRALIA

    Good policy comes second to voter trust

    • Ray Cassin
    • 07 May 2013
    13 Comments

    Gillard's adroit manoeuvring of Abbott into supporting the NDIS will do little to help her come September. People typically vote for whoever they trust to govern, and the public's lack of trust in Labor derives not from policy or the legislative record but from the circumstances in which she became prime minister in the first place.

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  • ECONOMICS

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

    • David James
    • 30 April 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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  • ARTS AND CULTURE

    Frantic chat on the world wide spider web

    • Various
    • 29 April 2013
    3 Comments

    And in the raucosity of blogs, the avidity of trolls, the ubiquity of porn, the vidvidvidity of tubes, the facebookery of profiles, the aviary of twittervation — can the mind still find that space to stretch itself?

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  • AUSTRALIA

    Downer and Costello's murky world of political lobbying

    • John Warhurst
    • 01 April 2013
    8 Comments

    In days past the 'consultancy' activity of former senior politicians was cloaked in respectability and not perceived as being at the hands-on end of lobbying. That pretence has now ended and Alexander Downer and Peter Costello are good examples. It is an unhealthy development with plenty of room for conflicts of interest.

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  • ARTS AND CULTURE

    Sex and power in the case of Cardinal Keith O'Brien

    • Tim Kroenert
    • 06 March 2013
    2 Comments

    Catherine Deveney was right to point out that power, not homosexuality, was at issue in the case of Cardinal O'Brien, who resigned amid accusations of sexual misconduct. A new film by American director Steven Soderbergh also reflects on relationships based in power, and the ethical obligation of the party with the greater power not to act against the interests of the other. 

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  • INTERNATIONAL

    Kids corrupted by criminal treatment

    • Andrew Hamilton
    • 06 March 2013
    8 Comments

    In Australia the child's welfare is trumped by the demands of a justice system focused on containment of risk, and by populist calls to get tough on crime. When offending children are seen through a judicial lens, and justice is seen as retributive, the support society offers them to become responsible adults is fragmented. 

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  • ECONOMICS

    Don't bet on the Australian dollar

    • David James
    • 07 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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  • ECONOMICS

    Migrants and big bank theory

    • Andrew Hamilton
    • 06 February 2013
    8 Comments

    There is often a natural antipathy between the financial sector and the community sector. If you give the dog a bone, say the money men, he will only rub it in dirt and bury it. If you give the bank a bone, say the community workers, it will charge you interest on the transaction. But sometimes we are nudged to reconsider our reflexive prejudices.

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  • ECONOMICS

    Best of 2012: The upside down world of global capital

    • David James
    • 08 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

    Best of 2012: Greek peasant's faithful fatalism

    • Gillian Bouras
    • 08 January 2013
    4 Comments

    Maria was born into poverty and did not have much luck in escaping it. Yet she was an unchallenged believer, who would say regularly, Oti thelei o Theos: Whatever God wants. This, while I would huff and puff and mutter that God helps those who help themselves. But part of me envied Maria her certainties. Wednesday 28 March 

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  • AUSTRALIA

    Australia's bad job of asylum seeker policy

    • Andrew Hamilton
    • 14 November 2012
    11 Comments

    You can tell bad policy making by the trail of broken human lives it leaves behind it. The image of asylum seekers held in tents on Nauru, many on hunger strike and at least one now in risk of death, will surely be followed by images of people withering from depression and resentment and needing medical care.

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  • ECONOMICS

    Debunking the global financial con job

    • David James
    • 11 November 2012
    12 Comments

    Even after the most dangerous financial crises ever seen, finance industry lobbyists still argue that the sector should not be too heavily regulated as that would be counterproductive. This is nonsense. Money is rules. It is a question of who sets the rules and what kind of rules they should should be.

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