Search Results: financial crisis

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

  • AUSTRALIA

    The unique labour conditions of millennials

    • Sonia Nair
    • 28 November 2016
    11 Comments

    Belonging to a generation where I was constantly told I could do anything I set my mind to, I was carted off to every class imaginable as a young child - art class, violin class, music theory class, English literature tutoring and so forth. But the advent of unparalleled choices that was constantly peddled to me did not coincide with an increase in the spaces that are available for young people to excel, or much less be employed, in the fields of their choice.

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  • ENVIRONMENT

    Ethical reflections on seeking sustainable development for India

    • Frank Brennan
    • 28 November 2016

    'No matter what the economic, political and legal problems confronted by modern day India, our response can be improved by an application of the key principles and norms developed in the international law of trade and human rights, helping to enunciate the realm of law, regulation and political accountability, enhancing public scrutiny providing the right environment for doing business.' Frank Brennan presents the 25th JRD Tata Oration, Xavier School of Management, Jamshedpur, India, 26 November 2016.

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  • ECONOMICS

    It will take more than a royal commission to tame the banks

    • David James
    • 10 October 2016
    2 Comments

    The strategy of the Big Four banks' appearance in parliament was clear enough. Blame the whole thing on a need to improve impersonal 'processes', imply that there have been a few bad apples but overall things are fine, and promise to do better in the future. The greatest challenge was probably to hide the smirks. A royal commission is being held up as an alternative, and no doubt it would be more effective. But a royal commission would not address the main issue.

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  • INTERNATIONAL

    Athenian taxi driver's keys to happiness

    • Gillian Bouras
    • 07 October 2016
    6 Comments

    The man's grandparents were from Ithaca, the storied isle, but he himself had always lived in Athens. I learned he had not been driving a cab for very long, but had taken to it when his business failed because of the continuing financial crisis. A familiar tale in the Greece of today, alas. But he acknowledged he was lucky to have a job at all, and went on to say that he had no complaints, because he had realised his ambition. I asked what this was. He replied: 'I have educated my children.'

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  • ENVIRONMENT

    Australian churches off the pace on clean energy switch

    • Thea Ormerod
    • 09 September 2016
    10 Comments

    With the grip of climate change tightening, few seem to understand the urgency of the crisis. This is why the announcement of over 3500 churches in the UK switching to clean power is so significant. At last, a solution presented by religious communities that matches the scale of the problem. They are providing the kind of leadership for the needed transition to an ecologically sustainable future. Unfortunately, one reason why it is so exciting is that we're nowhere near this in Australia.

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  • ARTS AND CULTURE

    Antiheroes of the Bush-Cheney arms boom

    • Tim Kroenert
    • 25 August 2016

    War Dogs is the latest in a string of films from the past few years that are custom made for our cynical times; deeply ironic black comedies and dramas featuring antiheroes who profit to the point of excess off the misery of others. Where those films dealt with the finance industry and gained relevance from the backdrop of the Global Financial Crisis, this one shifts focus to the grimier world of arms dealing, in the context of Bush era conflict in Iraq and Afghanistan.

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  • INTERNATIONAL

    The merits of Trump's economic agenda

    • 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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  • ENVIRONMENT

    Environmentalists' potential allies on the populist right

    • Greg Foyster
    • 03 August 2016
    6 Comments

    The neoliberal right is losing political power to the populist right, which isn't filled with the same ideological zeal for free-market capitalism. Suddenly debates can expand beyond the narrow confines of economic growth. Moral and social arguments won't be relegated to the intellectual fringes anymore. Mainstream parties of the left and right, both of which bought into the neoliberal agenda, will have to break their bipartisan dismissal of discontent with the side effects of globalisation.

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  • ENVIRONMENT

    Is your super doing dirty work?

    • 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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  • AUSTRALIA

    Australia's little sepia book of dead political tricks

    • Bronwyn Lay
    • 06 June 2016
    26 Comments

    Living within the United Nations community I've witnessed Australia fall from a well-respected international citizen, to becoming the spoilt, sneaky brat of international relations. Even the most blasé glance at the geo political currents moving through the planet reveal complexities this election pretends don't exist. Australians fighting about jobs and growth in the corner comes across as deeply deluded isolationism. The Great Barrier Reef is dying. The world is watching. Hello Australia? Anybody home?

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  • AUSTRALIA

    Another Coalition budget for the well-off

    • Marcelle Mogg
    • 05 May 2016
    18 Comments

    Even the International Monetary Fund recognises that the best way to grow an economy is to reduce the divide between rich and poor, ensuring that all people have a chance to participate in the social and economic life of a country. The Coalition government remains resolutely opposed to this growing body of evidence, continuing to rely on economic structures that entrench disadvantage, then blame the poor for their fate. The Budget provides tax cuts to the rich and service cuts to the rest.

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  • ECONOMICS

    Serfs sucked dry in the kingdom of banks

    • David James
    • 18 April 2016
    11 Comments

    Three finance-related events are currently gaining great attention in the media. One is the so-called Panama Papers. Another is the proposal to have a royal commission into the banks. And a third is the furore over the unaffordability of homes and the debate over negative gearing. On the surface they would seem to be quite separate issues. But all three issues demonstrate yet again that banks are, if not the most malign organisations on the planet, then certainly among the most dangerous.

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