Search Results: investment
There are more than 200 results, only the first 200 are displayed here.
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ECONOMICS
- David James
- 13 September 2016
18 Comments
The argument that putting government operations into private hands ensures that things will run better and society will benefit is not merely a stretch; it is in many respects patently false. The argument is based on the claim that the market always produces superior price signals. Yet one area where private enterprise definitely fails is long term stability. If there is an expectation that a privatised service should last in the long term, and usually there is, then selling it to business is a bad choice.
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ENVIRONMENT
- Greg Foyster
- 26 August 2016
8 Comments
On 7 July, South Australia experienced a cold snap. As residents turned on their heaters, the still and cloudy conditions meant wind and solar power couldn't contribute much to meeting electricity demand. The last coal plant had closed a few months before, pushed out of the market by renewable energy. As if on cue, the spot electricity price spiked. Instead of a lesson about the danger of too much wind power, it's about the danger of too much market power in the hands of a few big players.
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INTERNATIONAL
- Michael McVeigh
- 22 August 2016
9 Comments
Australia appears likely to fall well short of its pre-games medal target. This has led to criticism of the government's funding strategy, which has seen money poured into elite sports where Australia has traditionally been most successful or where medals seemed most likely. This approach inevitably leads people to calculate whether Australia has received 'value for money' for its investments. But it doesn't have much to do with what people actually get out of watching or being part of the Olympics.
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INTERNATIONAL
- David James
- 09 August 2016
15 Comments
The main legislative catalyst for the GFC was the repeal, in 1999 by Bill Clinton, of the Glass Steagall Act, which had prohibited commercial banks from engaging in the investment business. This allowed the investment banks to indulge in the debauch of financial invention that almost destroyed the world's monetary system. Trump has made the reinstatement of Glass Steagall official policy. Should that happen, it could be the most beneficial development in the global financial system for decades.
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AUSTRALIA
- Fatima Measham
- 05 August 2016
Perhaps what will ultimately convince media and entertainment companies that it is in their interest to be sincere about diversity is that there's money in it. A UCLA study found that in 2014, eight films that had diverse casts (out of 163) also had the highest median global revenues and returns on investment. In addition, TV shows with majority non-white casts rated extremely well, even among white households. This challenges conventions around what media consumers find appealing.
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INTERNATIONAL
- Frank Brennan
- 27 July 2016
2 Comments
The violence at the pastoral frontier of the British colonies here in Australia was all pervasive. 228 years after it commenced, we are still experiencing the after-effects. When I started advocating Aboriginal rights here in Australia almost 40 years ago, the prevailing wisdom was that the missions and missionaries were all bad news. It will come as no surprise that I have always doubted that Aborigines were well rid of religion and the missionaries in all circumstances.
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ENVIRONMENT
- Greg Foyster
- 01 July 2016
13 Comments
By the time polls close Saturday, tens of thousands of voters in marginal seats will have received 'election scorecards' from environment groups. Almost all will rate the Liberal Party worse than Labor or the Greens on a range of issues, from protecting the Great Barrier Reef to encouraging investment in clean energy. Privately, some Liberal candidates will be seething - and, if the Coalition wins, they'll have the means for brutal revenge.
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AUSTRALIA
- Julie Edwards
- 27 June 2016
9 Comments
Both major parties offer 'one size fits all' approaches to youth unemployment. This ignores the huge difference in experiences - and employability - between different categories of young person. Not all have completed high school and live at home in a supportive environment. For young people at risk of homelessness, those experiencing mental illness or substance abuse problems, or those who have had contact with the criminal justice system, the initiatives of both parties simply won't be effective.
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AUSTRALIA
- Brendan Byrne
- 27 June 2016
15 Comments
Whether or not the person in the now notorious 'fake tradie' ad is or isn't a 'real' tradie is irrelevant. What is relevant is that it is a primary example of the co-option of the language of class struggle and economic justice that has so thoroughly poisoned economic debate in the industrialised West. Implicit within it is a patronising view of the working class that dismisses them as gullible dupes who can be made to entrench the privilege of the few in return for the paltry crumbs of consumer hedonism.
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ENVIRONMENT
- Thea Ormerod
- 21 June 2016
4 Comments
An accelerating number of institutions and individuals are moving their money out of planet-heating fossil fuels and into climate solutions. The total assets guided by some form of divestment policy was $3.4 trillion at 2 December last year, 50 times more than what was up for divestment 12 months earlier. It sounds like a lot, but it's a small amount compared to the $100 trillion-plus invested in the usual way. That's our money, in banks and super funds, managed funds and insurance companies.
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ECONOMICS
There is little doubt that the means to dramatically reduce the amount of pollution produced by developed economies is already theoretically available. It is perfectly possible to redesign industrial systems so that they do not pollute and do not consume finite resources at a rate that is unsustainable. But it requires a radical shift - and the biggest barrier to that shift occurring, the financial markets, is barely even mentioned in discussions of the challenge.
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AUSTRALIA
- Esther Anatolitis
- 24 May 2016
13 Comments
Universities and the CSIRO are attacked and funds cut while the government promotes an 'ideas boom'. Creative industries and the Australia Council are diminished and investment slashed while the government talks of an 'innovation agenda'. It takes confidence in your own skill as a decision-maker to recognise the expertise of others as something you don't share but can benefit from. Instead we see nervous leadership, too anxious to trust in those who can build that future.
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