Welcome to Eureka Street

back to site

Search Results: debt

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

  • AUSTRALIA

    Reading the entrails of Robodebt

    • Andrew Hamilton
    • 12 July 2023
    6 Comments

    Navigating the murky waters between legality and morality, Robodebt and the prolonged hotel detention of asylum seekers are both marred by the same neglect of human dignity and ethical responsibility, and should spark urgent discussions about our societal attitudes towards the vulnerable and the dire need for an ethical transformation.

    READ MORE
  • CARTOON

    Robodeath

    • Glen Le Lievre
    • 11 July 2023

    READ MORE
  • ECONOMICS

    Dawn of the multipolar world: A new order in global finance?

    • David James
    • 13 June 2023
    1 Comment

    From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.

    READ MORE
  • AUSTRALIA

    The moral grammar of budgets

    • Max Jeganathan
    • 11 May 2023

    In the midst of budget season, a question lingers: Are we mere self-interested individuals, exclusive tribespeople, or true citizens committed to the common good? As the Treasurer unveils new allocations, the focus remains on headlines while overlooking the moral essence of budgetary decisions.

    READ MORE
  • ECONOMICS

    When transactions mask reality

    • David James
    • 01 May 2023

    As the economy becomes more focused on monetary exchange, we overlook underlying realities that are hidden from plain sight. Largely invisible aspects of our economic life such as transactionalisation and industrial efficiency are transforming our society and can shape our future in unexpected ways. So what does this mean for the future of capitalism and our society?

    READ MORE
  • AUSTRALIA

    How to pay for things we want

    • Joe Zabar
    • 19 April 2023
    2 Comments

    The upcoming federal budget in May presents a crucial moment for the Albanese Government to address pressing challenges while restoring trust in political institutions. Transparency, integrity, and meaningful relief for households will be key to defining the government's path forward. 

    READ MORE
  • ARTS AND CULTURE

    Hope springs

    • Andrew Hamilton
    • 10 April 2023

    In a secular society the fast that preceded Easter has disappeared, but Easter remains a time of celebration. Celebrations recognise happy times and happy events, often marking the end of hard times. The message of Easter remains: that hope can spring up and new life can grow in apparently barren places.

    READ MORE
  • ECONOMICS

    The debt crisis we all saw coming

    • David James
    • 03 April 2023

    As the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse poses a renewed threat to the global financial system, the question arises: how can we manage out-of-control debt? With global debt exceeding 230 per cent of GDP, could nationalising banks be the solution to the ongoing crisis, or will the debt merry-go-round continue to spin out of control?

    READ MORE
  • ECONOMICS

    Ballooning risks of finance fictions

    • David James
    • 14 March 2023

    Was Russia's removal from the SWIFT system the moment when the global financial system detached itself from reality? The financial system is at risk from unpayable debt and the delusion that money can be created out of money itself, and wider trust underpinning finance is steadily evaporating.

    READ MORE
  • ENVIRONMENT

    Storm brewing over Pacific nations as climate and debt crises collide

    • Cardinal Soane Patita Paini Mafi
    • 06 March 2023
    4 Comments

    Increasingly frequent and severe weather events are leaving Pacific Island nations struggling to rebuild. The region needs nearly US $1 billion per year in financing to adapt to climate change but with lengthy delays and complex grant applications, accessing funds is a challenge.

    READ MORE
  • ECONOMICS

    Daring to intrude in the dismal science

    • Andrew Hamilton
    • 02 March 2023
    3 Comments

    As politicians and economists search for a simple solution to inflation, high debt, and rising interest rates, Australia's inequality has become a defining feature of its economy. As the fear of unintended consequences and the power of vested interests loom large, incremental reform may be the only way to reduce inequality and serve the common good.

    READ MORE
  • AUSTRALIA

    When Robodebt came knocking was anyone home?

    • Andrew Hamilton
    • 23 February 2023
    8 Comments

    The Robodebt Scheme's Royal Commission revealed ethical insensitivity and a disregard for the rule of law by administrators. Suicides of vulnerable people were ignored in the quest for revenue, which may indicate a more extensive corruption of government and administration.

    READ MORE