Search Results: debt

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  • ECONOMICS

    No more free pass for legislators on inequality

    • Joe Zabar
    • 26 February 2018
    4 Comments

    How is it we allow investors to leave units vacant in the Docklands while young people struggle to access housing in Melbourne? We have given legislators a free pass when it comes to economic policies that discriminate against those without means. This creates systemic inequality, and it needs to be addressed urgently.

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  • ECONOMICS

    No economy of exclusion and inequality

    • Joe Zabar
    • 26 February 2018

    'Francis' statement is not one merely for theological or academic contemplation. It is in effect Francis' call to establish a new benchmark for our economy, one where exclusion and inequality are no longer a natural and accepted consequence of its operation.' Director of Economic Policy for Catholic Social Services Australia addresses the CSSA annual conference in Melbourne, February 2018.

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  • MEDIA

    Media complicit in the rise of political trolls

    • Jonathan Green
    • 01 February 2018
    13 Comments

    Here we have a quick demonstration of a new political method. It's not designed to advance any particular policy position. The point is trolling: the simple art of using rhetoric and political acts to provoke a reaction. Suddenly a lot makes sense. Tony Abbott makes sense. Donald Trump makes sense. So much of social media makes sense.

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  • AUSTRALIA

    Cabinet Files comedy is Wes Anderson-worthy

    • Fatima Measham
    • 31 January 2018
    14 Comments

    Too few inversions of this power dynamic come along. So we are allowed to laugh a) that some careless handling of furniture can go a long way toward embarrassing people, and b) that those same people have expanded surveillance mechanisms and presided over lapses in data security. It schadens our freude, for sure.

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  • ECONOMICS

    Economic doom looms in Oz's game of homes

    • David James
    • 11 December 2017
    1 Comment

    It is not difficult to imagine a scenario where the game of musical chairs in Australia will come to a shuddering end, imperilling the banks and dragging the economy into a deep recession. As we saw in the GFC in America and Europe, government money will be thrown at the banks to rescue them at the expense of ordinary citizens.

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  • EDUCATION

    It's time to revisit free education

    • Osmond Chiu
    • 09 November 2017
    7 Comments

    Dissatisfaction and concern about falling living standards for future generations is leading to longstanding policy assumptions being rethought. Nothing symbolises this more than tertiary education. Across the world, a decades-long trend towards user-paysis now being reversed. It is time for Australia to follow suit.

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  • ECONOMICS

    In the end, debts cannot be paid

    • David James
    • 07 November 2017
    3 Comments

    Once upon a time, usury was considered a sin and lending was subject to strict controls. Now, the world is in the grip of usury. It cannot continue. At some point it will have to be retired, or swapped to equity. A good place to start is third world debt, which is the most immoral variant.

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  • AUSTRALIA

    A mate's take on Rudd’s call to arms

    • Frank Brennan
    • 29 October 2017
    9 Comments

    The ogre in the book is John Howard, whom Rudd holds personally responsible for the attacks on Therese's decency and integrity in the lead up to the 2007 election. Rudd contends this 'cowardly behaviour' should not be forgotten, 'If only because this same ruthlessness remains a core part of the conservative DNA to this day'.

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  • AUSTRALIA

    It's always Happy Death Day in Canberra now

    • Jeff Sparrow
    • 29 October 2017
    6 Comments

    Turnbull's response to the eligibility crisis showcased the mixture of bluster and incompetence that's become characteristic of this government. Like Michaela Cash's attempts to link Shorten with union corruption, his declaration that the court would rule in favour of Joyce saw strategy and common sense give way to short term manoeuvring.

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  • AUSTRALIA

    The many failures of our wild welfare regime

    • Amelia Paxman
    • 22 October 2017
    9 Comments

    Increasing the feelings of shame of being unemployed and restricting freedoms doesn't create more jobs and only grinds down a vulnerable group who are subsisting on a meagre payment. But the government is yet to show any meaningful concern over the significant risks of these draconian welfare policies.

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  • AUSTRALIA

    The privatisation of human services

    • El Gibbs
    • 19 October 2017
    20 Comments

    The Federal Government's recent announcement that Serco will be delivering some of the income support system, Centrelink, is another blow to core public services that serve some of the most disadvantaged Australians. No one should make a profit out of people being poor.

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  • RELIGION

    Notes from India's margins

    • Andrew Hamilton
    • 03 October 2017
    9 Comments

    A Jesuit priest who has worked for over 30 years in India with the poorest villagers, Tony Herbert grapples with three questions: what to make of poverty, what happens when you commit yourself to people who are indigent, and how, in living, the three aspects of poverty - religious poverty, material poverty and its injustices, and personal emptiness - come together. He builds his reflections around encounters with villagers on his own journey.

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