Search Results: banks

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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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  • ECONOMICS

    Deciphering capitalism's corrupt metaphors

    • David James
    • 07 February 2014
    15 Comments

    'All animals are equal, but some animals are more equal than others'. This was George Orwell's parody in Animal Farm of the vicious use of language in communist states. It was one of his memorable depictions of how the absurdities of language not only reflect evil, but also predicate it. Language was a tool of oppression in communist states. In capitalism it is no less vicious.

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  • ECONOMICS

    Don't rob the poor to pay the rich

    • Bruce Duncan
    • 04 February 2014
    14 Comments

    The budget problems are not caused by Newstart or disability pensions, which have been declining as a proportion of economic activity. Had the Howard Government not been so generous with its tax cuts to upper and middle income groups, there would today be no budget deficit.

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  • INTERNATIONAL

    Best of 2013: My Philippines typhoon fury

    • Fatima Measham
    • 17 January 2014
    1 Comment

    I may have gotten extremely sweary on social media. Part of it was due to gut-deep fear for people to whom I am personally connected, but also generally for a country that runs in my veins. The other part of it was fury that the growing reality of extreme weather events is still being characterised as natural by climate change sceptics who have the luxury of speculating and refuting links outright.

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  • RELIGION

    Best of 2013: Another round of Ramadan lunar-cy

    • Irfan Yusuf
    • 09 January 2014
    1 Comment

    Ramadan is supposed to fine tune your soul, weaken the ties binding you to your physical appetites and test your religiosity. This month unites Muslims around the globe in an envelope of piety and mercy. At least that's the theory. In reality, for most of us Muslims Ramadan is the month of massive weight gain.

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  • INTERNATIONAL

    My Philippines typhoon fury

    • Fatima Measham
    • 12 November 2013
    23 Comments

    I may have gotten extremely sweary on social media. Part of it was due to gut-deep fear for people to whom I am personally connected, but also generally for a country that runs in my veins. The other part of it was fury that the growing reality of extreme weather events is still being characterised as natural by climate change sceptics who have the luxury of speculating and refuting links outright.

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  • ECONOMICS

    Australia's Noah's Ark economy

    • David James
    • 05 November 2013
    2 Comments

    Australia is very much the 'Noah's Ark' economy: two of everything. Consider the spate of industry sectors in which only two companies dominate: airlines (Virgin and Qantas); paper and packaging (Visy and Amcor); print media (News Corporation and Fairfax). The Federal Government's announcement that it will be launching a 'root and branch' review of Australia's competition law will, at the very least, make for a fascinating spectacle.

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  • AUSTRALIA

    Labor's light on the hill

    • Frank Brennan
    • 02 November 2013
    7 Comments

    'There have been innumerable post-mortems and words of advice as to how the party with new structures, election rules, and policies can pick itself up, dust off, and win the next election. Sadly some of those post-mortems have come with more coatings of spite and loathing. It is no part of my role in the public square as a Catholic priest to offer such advice.' Frank Brennan's address to the Bathurst Panthers Club, 2 November 2013.

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  • EDUCATION

    Advice for graduating health sciences students

    • Frank Brennan
    • 18 October 2013

    'My sixth piece of advice is for all graduates and not just those of you who are religious. We all need to develop a comprehensive worldview, nurturing the sense of the transcendent in the human spirit, and holding together in tension ideals and reality, dreams and our shortcomings.' Full text from Frank Brennan's La Trobe Graduation Address, Health Sciences, 18 October 2013.

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  • RELIGION

    Laughing at Islam

    • Irfan Yusuf
    • 10 October 2013
    4 Comments

    Tax consultant turned satirist and comic Nazeem Hussain's SBS series Legally Brown does more than just poke fun. Perhaps the most effective and most difficult ways to tackle prejudice and fear is to laugh at it. Chris Kenny's objections in The Australian that Hussain's appearance on Q&A was 'highly disturbing and dangerous' and 'an apologia for terrorism' show that Hussain and his fans continue to have plenty to laugh about.

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  • ECONOMICS

    Life and death issues the election campaign missed

    • David James
    • 06 September 2013
    4 Comments

    Two of the most important issues to have been given scant attention in the election campaign are ageing and property. Even less noticed is the inter-relationship between the two. The effect of ageing on property prices will be arguably the most important financial challenge facing Australian governments over the coming decades.

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  • ECONOMICS

    Which party really has the economic smarts?

    • David James
    • 13 August 2013
    3 Comments

    As the China boom fades Australia is experiencing a delayed version of the GFC, without the banking crisis. Until now we've been reasonably well served by both sides of politics, in terms of macro-economic strategy. Now we require a way of dealing with more mundane economic issues like productivity and efficiency. Neither side has many good ideas about how to achieve the required structural shifts.

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