Search Results: finance

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  • AUSTRALIA

    The rule of law applies to government too

    • Kate Galloway
    • 20 March 2017
    17 Comments

    ACTU secretary Sally McManus' comments about the rule of law have sparked a lot of chatter on news and social media. While the rule of law arguably does assume citizens will obey the law, it also assumes government will behave lawfully. Further, it might be argued that the rule of law encompasses the principled application of government power. In this respect, the Australian government is itself falling well below adhering to the rule of law. I offer Centrelink #notmydebt as a case study.

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  • INTERNATIONAL

    US is no stranger to electoral meddling

    • Binoy Kampmark
    • 10 March 2017
    4 Comments

    Each day is met by the same reports: electoral interference has supposedly taken place, instigated by Russian, or at the very least outsourced Russian entities, in the elections of Europe and the United States. Such claims assert, not merely the reality of these claims, but the nature of their influence. Such a stance detracts from one fundamental point: that the manipulation of electoral systems has been, and remains, common fare, irrespective of the finger pointing at Moscow.

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  • ENVIRONMENT

    Turnbull's coal pitch is a Trojan Horse for gas

    • Greg Foyster
    • 23 February 2017
    10 Comments

    Australia's most politically contentious rock is back in the limelight after Prime Minister Turnbull spruiked 'clean coal' power stations in early February, and Scott Morrison brought a lump of the stuff to parliament. It was a juvenile act, but an effective one: here we are again, still talking about coal weeks later, when the real energy policy battle is over gas. But that's how it goes - a pitch for a new coal-fired power station in Australia is actually a clever exercise in repositioning gas as a greener fuel.

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  • AUSTRALIA

    Catholic voices against runaway capitalism

    • Michael Walker
    • 20 February 2017
    20 Comments

    The presidency of Donald Trump should bring a renewed focus on the dangers of unbridled capitalism. The Catholic Church has a rich trove of teachings on the subject that have been missing in action for the past 30 years. Now is the time for a well-articulated Christian message addressing such issues as widening wealth inequality fuelled by stagnant wage growth, the privatisation of public services, the financialisation of the economy (which fuels both of those trends), and tax justice.

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  • AUSTRALIA

    Aboriginal custody inquiry means little without action

    • Kate Galloway
    • 14 February 2017
    7 Comments

    The Australian Law Reform Commission inquiry into Indigenous incarceration in Australia recognises and validates widely held concerns. On the other hand, it also represents the abject failure of successive governments around the country to pay heed to what we do know about the incarceration of Aboriginal and Torres Strait Islander Australians, including the failure to implement the recommendations of the Royal Commission into Aboriginal Deaths in Custody.

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  • ECONOMICS

    Trump's pro-globalisation critics miss the key questions

    • David James
    • 07 February 2017
    10 Comments

    Many defenders of globalisation express frustration at the rise of Trump and what they see as an ignorant and self-defeating backlash against its virtues. But they have no answer to the most pressing question: Is the global system there to serve people, or are people there to serve the global system? They also never address a central contradiction of globalisation: that capital is free to move, but for the most part people are not, unless they belong to the elite ranks.

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  • ECONOMICS

    Financial literacy programs need to get real

    • Rachel Kurzyp
    • 16 December 2016
    8 Comments

    Studies have found that in Australia, groups with the poorest financial awareness and skills are those under 25, those with no formal post-secondary education, those on low incomes and working 'blue collar occupations', and women. While it makes sense to provide these groups with financial information on home loans and super, this wouldn't have helped my mother when she had to decide between, say, buying groceries for the week or getting the car serviced.

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  • ENVIRONMENT

    How to relieve poverty in India without endangering the planet

    • Frank Brennan
    • 02 December 2016
    9 Comments

    Neither India nor Australia can go it alone when confronting a global issue such as climate change. India cannot disregard the effects on other nations when it adopts laws and policies for alleviating the poverty of the poorest of the poor. Australia cannot disregard the effects on other nations when it considers restricting the availability of resources for export such as coal which might help provide electricity for the world's poorest citizens.

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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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  • AUSTRALIA

    Rethinking care work key to closing gender pay gap

    • Kate Galloway
    • 25 November 2016
    2 Comments

    Civil society requires care work. All of us, at various stages of our lives, will be dependent on others for our daily needs. Most of us will likewise care for others at some point. The challenge is how to allocate caring responsibilities throughout society, while allowing also for the paid work that secures economic independence. At the moment the tacit expectation that women will do unpaid care work - and that men (theoretically) are unburdened by care work - contributes to economic inequality.

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  • INTERNATIONAL

    Understanding Trump the businessman President

    • David James
    • 10 November 2016
    17 Comments

    The first step for a business person is to make the sale, usually by over-promising and tapping into the emotional triggers of the customer. That is what Trump did. Over and over, he assured everyone that electing him would be 'fantastic'; he would deliver; customer-value is in the bag. The next step, once the sale is made, is for a hard financial logic to be applied. Trump's hype will be, at the very least, toned down. Once the customer has coughed up, business people typically become extremely pragmatic.

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  • AUSTRALIA

    Left shares blame for the rise of the rogues

    • Fatima Measham
    • 16 October 2016
    12 Comments

    Much has been made about how Republicans benefited from the 'birther' campaign and the Tea Party. It suited them to have proxies undermine the executive branch. In other words, the political right only has itself to blame for the nihilism which now engulfs it - and potentially, the nation. But the failures of the left also bear examination. While Clinton's current lead cannot be attributed entirely to her virtues, the polling gap between her and Trump should have been much wider, earlier.

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