Search Results: debt

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  • AUSTRALIA

    Positivity key to the new Shorten's rise

    • J. R. Hennessy
    • 29 May 2016
    4 Comments

    Labor has built a small poll lead over the Coalition as led by the eminently more marketable Malcolm Turnbull, and in this case the commentariat are willing to give Shorten and Labor the credit. They're the ones controlling the policy conversation and setting the agenda, and it feels like the government are just responding in turn. Who is this Bill Shorten? This is someone who even a few months ago would be largely inconceivable in the top job, but now seems at the very least plausible.

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  • ECONOMICS

    Negative gearing is the end of the Australian Dream

    • Kate Galloway
    • 27 April 2016
    14 Comments

    Historically, having a largely home-owning population has ensured both the social benefit of housing, and an economic benefit through enforced saving with long-term growth. In contrast, the negative gearing push splits the cultural and economic meaning of home ownership, because it focuses on investment. Negative gearing promotes property ownership but not home ownership. Thus the social benefits of home ownership that we have come to expect give way to bare economic indicators.

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  • ECONOMICS

    Serfs sucked dry in the kingdom of banks

    • David James
    • 17 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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  • ARTS AND CULTURE

    Singing and subverting White American history

    • Tim Kroenert
    • 13 April 2016
    1 Comment

    The show's implicit subversiveness runs deep. It is embodied in the fact that its cast consists of mostly Black and Latino performers portraying White characters, using a vernacular and musical styles popularly associated with these cultural groups. It thus stands as a riposte to the history of black/brownface and whitewashing in popular entertainment. Crucially, in a show about 'founding fathers', it is the story's women who not only provide its emotional core but are also the most fundamentally heroic.

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  • AUSTRALIA

    System must work for victims, not against them

    • Fatima Measham
    • 31 March 2016

    For victims and survivors, the royal commission report into family violence comes as catharsis. For activists and advocates, it is vindication. Perpetrators thrive on impunity. Impunity is built on uncertainty of punishment, cultures of silence, victim-blaming and perceived collusion with figures of authority. Dismantling this is central to violence prevention and ensuring the safety of women and children in the home. The royal commission addresses this goal across 227 recommendations.

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  • AUSTRALIA

    Jailing fine defaulters punishes poverty

    • Kate Galloway
    • 29 March 2016
    6 Comments

    Around half of Indigenous prisoners in Roebourne Regional Prison are there on driving offences. Many Indigenous Australians do not have birth certificates and therefore cannot get a drivers licence. Yet those who live in remote areas often have no means of transport other than by car. When they are caught driving unlicensed, they receive a fine, and since many are unable to pay, they are consequently are jailed. And as we all know, jail is a particularly risky place for Indigenous Australians.

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  • RELIGION

    Religious thought in sacred secular Australia

    • Frank Brennan
    • 21 March 2016
    6 Comments

    I offer no public judgment of Pell, and unlike many other commentators I'll await the findings of the royal commission. I have however been outspoken about his right to a fair hearing and natural justice, not because I am a priest but because I am a human rights lawyer who cares about the universal application of the rule of law. It is when a representative of institutional religion like Pell taps into the generic religious sensibility or moral consciousness that the real work of Australian religious thought is done.

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  • RELIGION

    Year of Mercy's opportunity for Aboriginal reconciliation

    • Frank Brennan
    • 06 March 2016

    'On his last two visits to Latin America, Pope Francis has focused on past and present relationships between indigenous peoples and their colonisers. This Jubilee Year of Mercy perhaps it could be a blessed moment for Aboriginal Australians and descendants of their colonisers to walk together through the Door of Mercy at the St Francis Xavier Cathedral, calling to mind the sins and endeavours of the past, the achievements and commitments of the present, and the hopes and aspirations of the future.' Fr Frank Brennan SJ, Lenten Talk, Norwood Parish, 3 March 2016

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  • ECONOMICS

    Labor's negative gearing heroics alone won't save us

    • David James
    • 25 February 2016
    8 Comments

    It is not often that federal political parties exhibit courage. Labor's decision to change the rules on negative gearing is a rare instance. It targets what is most dangerous and unfair in our financial system. Expect howls of protests from powerful lobby groups if it ever looks like becoming policy. But these changes alone won't be enough to deal with the ills of the financial system. While they are designed to target the bias away from productive investment, they won't remove the attraction towards property.

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  • MEDIA

    The Kanye West konundrum

    • Jen Vuk
    • 25 February 2016
    4 Comments

    It seems not a week goes by that Kanye West isn't in the news. Over the past few weeks alone, West has among other things disparaged Taylor Swift, announced that 'white publications' had no right to write about black music, and tweeted in support of alleged serial rapist Bill Cosby. Depending on your perspective, West is either the gift that just keeps giving or the twit who just keeps tweeting. How has someone like him managed to flourish in a time in which online shaming has become the norm?

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  • AUSTRALIA

    Millennials have allies in the emerging grey vote

    • Fatima Measham
    • 17 February 2016
    5 Comments

    The formative experiences of Australian early boomers include unprecedented access to university education and health care, immersion in feminist discourse, Aboriginal land rights campaigns, environmental activism, LGBT movements and pacifism. Quite remarkably, it mirrors some of the elements that engage millennials. While in some ways anti-boomer sentiment seems well placed, what it misses is that on social issues a 21-year-old might have more in common with a 61-year-old than a 71-year-old.

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  • INTERNATIONAL

    Electing a president in an age of superheroes

    • Jim McDermott
    • 07 February 2016
    5 Comments

    Many Americans want a President who speaks to their deepest dreams and ideals. A champion. Trump's vision of reality is the polar opposite of Obama's, a hellscape where foreigners, the unemployed (and women) are eroding society. But, like Obama, he has positioned himself as a champion of those filled with frustration, insisting it doesn't have to be this way. Bernie Sanders is in many ways the Trump of the left, a political outsider who says what progressive Americans have long been thinking.

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