Search Results: investing
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AUSTRALIA
- Claire Victory
- 26 October 2021
14 Comments
We don’t need further commentary that gives people who are well off yet another excuse to demonise people living in poverty and to blame them for their circumstances. It lets governments off the hook – governments which should be addressing the structural causes of poverty.
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AUSTRALIA
- Vincent Long Van Nguyen
- 28 September 2021
12 Comments
The Australian Government’s decision to buy nuclear-powered submarines has brought to the surface once again big questions around how governments should spend money, particularly during a pandemic. The Government has ditched a $90 billion plan for French submarines in favour of even more expensive boats from the United Kingdom or the United States.
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EDUCATION
The tertiary level is designed to promote change and innovation. If there is no tertiary level, there is no growth in our understanding of global religious systems, and no emerging individuals who possess critical thinking skills and historical knowledge of these systems. Without these individuals, there’s a risk that religious institutions will become more insular, regressive, disconnected and, most disastrously, unchecked.
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ECONOMICS
In a recent speech to business leaders, Prime Minister Morrison made the remarkable claim that ‘we are going to meet our [climate change] ambitions with the smartest minds, the best technology and the animal spirits of capitalism.’ This is straight from the neoliberal playbook, the doxa that the role of government is to get out of the way to make room for those animal spirits so as to pander to the fantasies of the wealthy few.
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INTERNATIONAL
- Binoy Kampmark
- 13 April 2021
2 Comments
In May 2019, Adani Ports entered into an agreement to construct, operate and transfer land held by the Myanmar Economic Corporation (MEC) military conglomerate for 50 years in an investment valued at US$290 million. Such corporate conduct has broader implications. Investing in Adani is not only environmentally unsound but imperilling of human rights.
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ECONOMICS
- David James
- 08 April 2021
5 Comments
It is one of the ironies of Australian political history that a policy that has profoundly benefited this country’s version of capitalism came, not from the right, but from the Labor party and unions. The mandating of superannuation payments in 1992 under the Keating government has profoundly changed Australia’s financial system.
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ECONOMICS
- David James
- 09 February 2021
5 Comments
The controversy over the shares of US video game company GameStop has again exposed what has long been obvious: there is something seriously rotten in the state of the world’s financial markets. It was a battle between a hedge fund, Melvin Capital, which manages $US13 billion, and a small group of ‘amateur’ investors who communicated with each other on a Reddit forum called WallStreetBets.
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ECONOMICS
- Joe Zabar
- 24 September 2020
3 Comments
The havoc COVID-19 has wreaked on our economy has been less damaging than for some other countries. While international comparisons may help us feel better about our circumstances, the reality is that Australia’s economy is in trouble and will need more than economic first aid through measures like JobKeeper to get us back on track to recovery.
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ENVIRONMENT
- Various
- 18 September 2020
3 Comments
The pandemic has afforded us a preview of how a crisis plays out when the science is not properly heeded. The overwhelming majority of climate scientists have long been sounding the alarm that the health and safety of large parts of the population are at serious risk, both here and around the world. We are already seeing the damage to health and to the environment that they predicted.
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ECONOMICS
- Nicola Heath
- 30 June 2020
2 Comments
It turns out that the COVID-19 economic crisis is disproportionately affecting women — so much so that some have dubbed it a ‘pink-collar recession’. Unemployment figures show that since February, 457,517 women have lost their jobs compared to 380,737 men.
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INTERNATIONAL
- Gillian Bouras
- 18 May 2020
13 Comments
Nothing in the world is single, as Shelley said, and we have proof of this in the general reaction to COVID-19. That spirit, however, seems to have its limitations. For some politicians are set on dividing people, rather than on uniting them.
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AUSTRALIA
- Danusia Kaska
- 08 April 2020
5 Comments
The COVID-19 pandemic came swiftly and without any warning to turn our lives upside down. But while many of us are living the routine of our lives very differently now, people who are homeless or those at risk of homelessness are experiencing this pandemic in an acutely difficult way.
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