Search Results: economics

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

  • ECONOMICS

    Aussie dollar falls to fast money folly

    • David James
    • 03 July 2013
    4 Comments

    A currency's value is supposed to represent the state of the country's underlying economy. Yet very little changed about the Australian economy during a week in which the value of the dollar was substantially altered. It is a small instance of how rapidly change occurs in currency markets, sometimes to devastating effect, and another reason why the capital markets are ruling rather than serving.

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  • AUSTRALIA

    Humiliation at the heart of homelessness

    • John Falzon
    • 18 June 2013
    13 Comments

    Recent ABS data reveals NT has both the highest rate of people experiencing homelessness and the highest imprisonment rate of any Australian state. Former Spanish PM Zapatero said 'a decent society is one that does not humiliate its members'. Successive Australian governments have systematically humiliated citizens on the basis of cultural background or health or social status.

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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

    Big business twists tax truth

    • David James
    • 27 March 2013
    2 Comments

    Australia's business lobbies are fond of complaining that company tax is too high. Lower it, they argue, and the economy would become more dynamic and everyone would benefit. The reality isn't that simple. The combination of Australia's dividend imputation system and the compulsory super scheme greatly benefit Australia's big companies.

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  • RELIGION

    How can the Catholic Church contribute to a better culture for life?

    • Frank Brennan
    • 18 March 2013
    3 Comments

    Change is upon the Church. Just recall the scene when the new pope emerged on the Vatican balcony. He appeared with none of the papal trimmings of office, and did not once did he refer to the papacy. Could something of this new papal style help Catholics engage more creatively with their fellow citizens? Text from Frank Brennan's lecture 'How Can the Catholic Church Contribute to a Better Culture for Life?'

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  • AUSTRALIA

    'Spend mentality' won't help the new Burma

    • Duncan MacLaren
    • 20 February 2013
    5 Comments

    'Development is the new name for peace,' said Pope Paul VI in 1967. Well, not in Burma, where wars and religious disputes have caused the death or displacement of 190,000 people. Such horror stories don't concern the Western and Chinese business people who sweep in, salivating, to 'develop' Burma.

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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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  • AUSTRALIA

    Coal mining, civil disobedience and the public good

    • Michael Mullins
    • 14 January 2013
    11 Comments

    Fake ANZ media release activist Jonathan Moylan did the wrong thing in undermining public confidence in the share trading system. But he would not have seen the need to act if governments and the coal industry were acting with integrity and in the public interest.

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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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  • RELIGION

    The Church is not beyond reproach

    • Frank Brennan
    • 23 November 2012
    1 Comment

    'Might not the chief problem with Church language in the public square be that we tend to come from a position of moral superiority, approaching those dreadfully compromised politicians who will do anything to be elected? The abuse crisis reminds us that the Church is not irreproachable.' Text from Fr Frank Brennan's presentation at the Anglican Church of Australia's Public Affairs Commission Conference, November 2012.

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