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As the National Council for Fire and Emergency Services updated Australia's fire danger ratings to include 'Catastrophic', it's worth considering other crises that pose a catastrophic threat like climate change, war, diseases, and economic loss, where disadvantaged groups disproportionately suffer.
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.
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.
One year on from Russia's invasion of Ukraine, the world is left with a sense of unease. As the worst state-on-state aggression in Europe since World War Two, it has had global, cascading effects on inflation, energy prices, and food security. So how will it end?
Peter’s playful, profound love of life ranged from the earth to the skies, and from the oceans to the great mysteries of the universe. It was a love that was grounded in family and community rituals.
Threatened with the closure of the local nursing home, leaving elderly residents stranded, locals in Dimboola are selling home-grown produce to raise money to save the facility. And at the same time, they're breathing new life into the local sharing economy.
It is highly doubtful that the Essendon Football Club appreciated the reaction that would occur when it presented its new CEO, Andrew Thorburn, with the option of giving up his role as a lay leader in the City on a Hill Anglican Church or resigning from his role with the Club. Even if many were uneasy about how the issue was caught up in the culture wars, it caused widespread concerns amongst people of faith.
To close the year for Eureka Street, the editorial team wanted to nominate who we considered to be the Eureka Street ‘person of the year’ based on who we think somehow embody Eureka Street values.
In 1939, King George VI gave an encouraging Christmas address, speaking after the Declaration of War on the Nazis. The future was uncertain, with no assurance of survival. In Australia we do not face the same immediate threat, but we do share the same uncertainty.
What the failed attempt to crush Russia’s economy has revealed is that America’s and Europe’s dominance of the global financial system is something of an illusion; more like money changing hands in a giant casino rather than actual wealth.
Once protests would have found expression in powerfully argued and persuasively delivered speeches. Now people look less to the power and skill of the words and more to the gestures in which they are embodied. This precedence given to performative language over deliberative language deserves reflection.
Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy.