Search Results: banks

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

  • ARTS AND CULTURE

    Dubious revolutionary Russell Brand takes it to the banks

    • Tim Kroenert
    • 18 June 2015
    3 Comments

    Few would deny the comedian and self-styled revolutionary has fire in his belly. He wonders why, in the wake of recent financial crises, more bankers have not gone to prison. These are salient questions, and Brand doesn't baulk. But there is a touch of Bono about Brand: wealthy and egotistical, you have to wonder how much of his invective against 'the one per cent' is a case of the pot calling the kettle black.

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  • AUSTRALIA

    Roman holiday's graffiti highlight

    • Catherine Marshall
    • 05 June 2015
    1 Comment

    You can never see a city again for the very first time, and so instead I observe my son as the Rome he's heard about comes alive before his own eyes. His greatest fascination is not its stand-alone antiquities, but the graffiti that blooms all around them. To me, these are displays of vandalism; to him they are cultural constructs as important to modern subversives as gladiatorial contests were to the Romans.

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  • AUSTRALIA

    PM's super pitch needs solid policy foundation

    • Michael Mullins
    • 25 May 2015
    1 Comment

    Tony Abbott has warned voters that Bill Shorten has his eye on their retirement savings. He once praised the Nationals' Barnaby Joyce as a 'uniquely gifted retail politician'. But more attention to wholesaling - i.e. policy resources - would help to get both pensions and super concessions on to a more sustainable footing.

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  • AUSTRALIA

    Pope Francis' public shaming strategy

    • Michael Mullins
    • 13 April 2015
    10 Comments

    Francis is always ready to criticise unbridled capitalism, but he makes a point of not shaming particular tax dodgers or profiteers. Targeting individuals has become a thing in the age of social media, but those who are left alone are more likely to come forward and join the public conversation. Warren Buffett, one of the world's richest persons, did this when he declared that he paid less tax than his employees, and that he and his wealthy friends have been 'coddled long enough by a billionaire-friendly Congress'.

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  • AUSTRALIA

    The financial crisis the Government wants us to have

    • Colin Long
    • 09 February 2015
    19 Comments

    The Coalition Government falsely claims that Medicare co-payments and cuts to welfare and publicly funded institutions such as the CSIRO and the ABC are necessary to 'fix Labor's mess'. There are indeed structural problems with the economy, but essentially the plan is to strip the public sector by cutting universal access to a range of services that also includes tertiary education, to create a dominant free market that marginalises Australians on low incomes.

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  • ENVIRONMENT

    Australia out of step with Pope's climate action mission

    • Thea Ormerod
    • 27 January 2015
    33 Comments

    It is no coincidence that Pope Francis chose to visit the Philippines before he releases his encyclical on the environment, and that he made a point of visiting Tacloban, which was ground zero for super typhoon Haiyan. This follows the recent UN climate talks in Lima, where Australian negotiators so regularly blocked consensus that they won us the 'colossal fossil' award for 2014 from environmental observers.       

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  • AUSTRALIA

    Disruption of government business as a good

    • Andrew Hamilton
    • 27 November 2014
    15 Comments

    President Obama stole the G20 show with his mesmerising Queensland University address, after having dominated APEC with Xi Jinping and their climate change agreement. Such unrelated events challenge the belief that agendas can be centrally controlled, and that good governance is constituted by discipline and sole ownership of the agenda. More recently, the Senate has managed to call the shots and give priority to human good over ideology.

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  • AUSTRALIA

    The things you can't get for free

    • Michael Mullins
    • 24 November 2014
    7 Comments

    Thanks to Senators Jacqui Lambie and Ricky Muir, we can once again trust our financial advisers. There are some things that are worth paying for. If somebody else pays for something, it's likely that we will get what they want, not what we need.

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  • ECONOMICS

    Why the rich are getting richer

    • David James
    • 19 November 2014
    6 Comments

    Investing capital in the production of goods and services may create jobs, but it's not the best way to make money. It's more profitable to manipulate the financial system to create more money from money, which is why the finance sector does so well. The polarisation of wealth is less extreme in Australia, but we have our own capital-driven Ponzi scheme - the residential property market, which has become an exercise in making money out of money. 

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  • RELIGION

    Which bishop is challenging the bank on fossil fuels?

    • Jill Sutton
    • 12 November 2014
    3 Comments

    There has been an avalanche of divestment, including from the Rockefellers and the ANU, as they discern a lack of concern for environmental, social and governance issues. Shareholders attending Wednesday’s Commonwealth Bank AGM will hear a resolution requesting more transparency about the bank’s fossil fuel investments. But the bank’s response can seem like a game whose rules only become clear to its participants as they play it. Banks and other powerful organisations can still exploit any lack of clarity. 

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  • AUSTRALIA

    The Americanisation of Australia's universities

    • Sarah Klenbort
    • 10 November 2014
    23 Comments

    The US, whose citizens owe more on student loans than they do on credit cards, is the land of deregulation. Australia’s Education Minister Christopher Pyne has the support of university management in his desire to see Australia to follow the US path. But it is clear to lecturers, tutors and researchers that this will only create more inequality, mainly by forcing people without money to either miss out all together on higher education or go into a huge amount of debt.

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  • ARTS AND CULTURE

    Australian history through the eyes of a dirt digger

    • Barry Gittins and Jen Vuk
    • 24 October 2014
    9 Comments

    Satirist David Hunt's best-selling Girt The Unauthorised History of Australia prompted Joe Hockey to offer him a job as speech writer. There’s plenty of dirt. Australia was the place to be, writes Hunt, 'unless you were black. Or a woman. Or gay. Or suspected of being Irish. Or even worse, all of the above'.

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