Search Results: finance

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

  • AUSTRALIA

    Political donations reform is not so easy

    • Jack Maxwell
    • 29 July 2015
    5 Comments

    Political donations give privileged access to powerful public officials to those who are wealthy. But public funding does little to reduce parties’ reliance on private money and radical control measures can fall foul of the Constitution. A 2013 High Court judgment finding that a ban on donations infringed the constitutional freedom of political communication.

    READ MORE
  • AUSTRALIA

    Pope's pungent pontification against greed

    • Andrew Hamilton
    • 20 July 2015
    14 Comments

    As high level negotiators left the air foetid in Europe and Australia, South America was scented rather more freshly, with Pope Francis ahead in the stakes of providing hope for humanity. He delivered a fiery denunciation of modern capitalism, declaring modern capitalism's 'unfettered pursuit of money' the 'dung of the devil' and accusing world leaders of 'cowardice' for refusing to defend the earth from exploitation.

    READ MORE
  • The challenge of education for social justice

    • Frank Brennan
    • 08 July 2015
    3 Comments

    I suspect Pope Francis had some of our Jesuit alumni in mind when he wrote in his encyclical Laudato Si: 'A politics concerned with immediate results, supported by consumerist sectors of the population, is driven to produce short-term growth... True statecraft is manifest when, in difficult times, we uphold high principles and think of the long-term common good. Political powers do not find it easy to assume this duty'.

    READ MORE
  • ARTS AND CULTURE

    Two goats, a sheep and Grexit

    • Gillian Bouras
    • 01 July 2015
    4 Comments

    In the early hours of Saturday, Prime Minister Alexis Tsipras had announced a referendum for July 5. Whether the average Spiro and Soula has much idea of the macroeconomic issues seems doubtful. I certainly haven’t. And there is not much time for them or me to learn. Spiro and Soula and I are naturally concerned about the supply of ready cash.

    READ MORE
  • ECONOMICS

    The IMF has failed Greece

    • David James
    • 01 July 2015
    6 Comments

    International Monetary Fund prescriptions have a long history of failing, and countries that ignore them are often the ones that do surprisingly well. Few have been asked to be more servile than the Greeks. When the IMF came in with what is amusingly referred to as its austerity 'plan', the Greek economy was expected to grow at over 2 per cent. After the 'plan' had taken effect, the country’s economy had shrunk by a quarter.

    READ MORE
  • AUSTRALIA

    Fossil fuel divestment economics in line with morality

    • Michael Mullins
    • 01 June 2015
    3 Comments

    The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate. Australia will crash and burn both economically and morally if we do not follow suit.

    READ MORE
  • 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.

    READ MORE
  • ECONOMICS

    Ukraine conflict heightens global economic split

    • David James
    • 28 April 2015
    2 Comments

    The conflict in the Ukraine has attracted a great deal of attention for its geo-strategic implications. Less noticed have been the economic implications. The sanctions placed on Russia have forced Russia to become even closer to China, and the alliance between a military superpower and an economic superpower is beginning to split the global economy in two. It may come to represent the biggest geo-economic and geo-political shift of the first half of this century, defining much of the future landscape.

    READ MORE
  • AUSTRALIA

    'Single person household' slight on working poor

    • Brian Lawrence
    • 14 April 2015
    6 Comments

    A fair minimum wage has to be fair to workers with family responsibilities, many of whom are currently working poor and living in poverty. But in its 2014 Annual Wage Review decision, the Fair Work Commission  decided that the 'appropriate reference household for the purposes of setting minimum wages is the single person household'. This was the first time in more than a century of minimum wage setting that an industrial tribunal has decided that minimum wages should exclude the needs of the low paid with families.

    READ MORE
  • AUSTRALIA

    How super hurts the poor and middle income earners

    • Brian Toohey
    • 27 March 2015
    6 Comments

    Although the age pension will cost about $49 billion in 2017-18, it is means tested. In contrast, superannuation concessions are heavily biased in favour of high income earners. Both sides of politics pander to the wealthy and the cosseted finance sector, which want certainty that nothing will stand in the way of their super bonanza.

    READ MORE
  • INTERNATIONAL

    Emboldened Netanyahu maintains hard line against US-Iran deal

    • Tony Kevin
    • 20 March 2015
    6 Comments

    In coming days, a major US-Iran negotiation will conclude in success or failure. As long as the US and Iran remain opposed, the US is much less effective in working for peace and inter-communal harmony in Iraq and Syria. Israel is indifferent to these wider concerns and, fresh from this week's convincing election vistory, a newly invigorated Benjamin Netanyahu will continue to stress that the Iranian nuclear issue is ‘existential’ for Israel.

    READ MORE
  • ECONOMICS

    Joe Hockey's crystal ball

    • David James
    • 06 March 2015
    8 Comments

    The 2015 Intergenerational Report is reminiscent of a comment by that great 20th century philosopher and baseball player Yogi Berra: 'It’s tough to make predictions – especially about the future.' Many economic commentators have pointed out, rightly enough, that Treasury cannot even get its one year predictions right. Nevertheless, it is worth looking at how the 40 year forecasts are constructed to see the kind of thinking involved.

    READ MORE

We've updated our privacy policy.

Click to review