Search Results: financial crisis

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  • RELIGION

    The Pope who put a spring in our step

    • Frank Brennan
    • 20 September 2013
    11 Comments

    Fasten your seat belts. We are in for an exciting ride with this Pope. He's happy to make mistakes. He's happy to go with the flow. But above all, he is so happy in his own skin and in his religious tradition that he exudes the confidence that comes only from knowing that he is loved and forgiven, and not from thinking that he is always right and has all the answers.

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  • AUSTRALIA

    Australia's political goldfish bowl from the outside

    • Ray Cassin
    • 09 September 2013
    20 Comments

    The Economist's leader writer and other international international observers including Joseph Stiglitz judged that, by most objective measures, Labor's achievements should be preferred to the Coalition's offerings. The big picture went unacknowledged in Australia's dismal, dispiriting election campaign.

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  • AUSTRALIA

    Neoliberalism in the swinging outer suburbs

    • Luke Williams
    • 03 September 2013
    20 Comments

    The outer suburban marginal seats will almost certainly swing to the Coalition on Saturday. I'm sure many of the Left intelligentsia think they have the reasons for this all worked out: voters in the outer suburbs are uneducated, 'aspirational', cashed-up bogans who only care about their mortgages, negating their working-class origins and keeping out asylum seekers. As a swinging voter from one such electorate, I can tell you the reality is not that simple.

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  • AUSTRALIA

    Australians are not doing it tough

    • Greg Foyster
    • 02 September 2013
    19 Comments

    Throughout the election campaign, both major parties have pledged to address 'cost of living' pressures. But a quick comparison with the economies of other industrialised nations confirms that Australians have nothing to complain about. If prices rise by 5 per cent but incomes rise by 10 per cent, households are better off, even if the cost of a petrol reaches a new pinnacle.

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  • AUSTRALIA

    Australian democracy needs an intrusion of the excluded

    • John Falzon
    • 19 August 2013
    24 Comments

    Kevin Rudd says we need a 'new politics' or a 'new way'. Tony Abbott says we'll only get a new way by electing a new government. What is missing in both statements is the recognition that what we actually need is a new kind of economic democracy: a reconfiguration of our economic prioritising away from individualism towards the common good, and towards the participation of all rather than the exclusion of many.

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  • ARTS AND CULTURE

    Blowing up the people smugglers

    • Tim Kroenert
    • 15 August 2013
    2 Comments

    As social commentary Elysium clearly has in mind any country that receives 'unwanted' arrivals of refugees. But it seems particularly timely in Australia, where the political response to asylum seekers who arrive by boat is simply to stop them. The response by the fictional bureaucrat Delacourt, to blow the smugglers' ships out of the air before they reach Elysium, certainly takes the 'stop the boats' mentality to its extreme.

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  • AUSTRALIA

    The public, the Church, and asylum seekers

    • Frank Brennan
    • 13 August 2013
    1 Comment

    'Like many Australians, I had hoped that the dastardly plan announced on 19 July would stop the boats in the short term, as a stop-gap measure. It is dismaying to learn that appropriate consultations had not occurred with Indonesia with the result that the very people who were to receive the shock and awe message are yet to receive it. There’s only one thing worse than shock and awe; that’s shock and awe that doesn’t work because you haven’t done your homework.' 43rd Barry Marshall Memorial Lecture, Trinity College Theological School, 14 August 2013.

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  • EDUCATION

    Paradox and possibility: The example of Francis

    • Frank Brennan
    • 13 August 2013
    1 Comment

    'You are the first generation of Catholic educators who will not have members of religious orders or congregations present in any number at all in your staff rooms and in your classrooms. Thus the need for lay Catholic educators to cultivate their spirituality while also being attentive to the demands of Church and the Church hierarchy.' 6th International Conference on Catholic Educational Leadership, Sydney, 13 August 2013.

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  • ECONOMICS

    Which party really has the economic smarts?

    • David James
    • 13 August 2013
    3 Comments

    As the China boom fades Australia is experiencing a delayed version of the GFC, without the banking crisis. Until now we've been reasonably well served by both sides of politics, in terms of macro-economic strategy. Now we require a way of dealing with more mundane economic issues like productivity and efficiency. Neither side has many good ideas about how to achieve the required structural shifts.

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  • ECONOMICS

    Aussie dollar falls to fast money folly

    • David James
    • 03 July 2013
    4 Comments

    A currency's value is supposed to represent the state of the country's underlying economy. Yet very little changed about the Australian economy during a week in which the value of the dollar was substantially altered. It is a small instance of how rapidly change occurs in currency markets, sometimes to devastating effect, and another reason why the capital markets are ruling rather than serving.

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  • AUSTRALIA

    Pragmatic answers to the asylum seeker question

    • Frank Brennan
    • 27 June 2013
    10 Comments

    'I want to outline the contours for a better approach — better than forcibly turning around boats, better than transporting people to Nauru and Manus Island or to Malaysia to join an asylum queue of 100,000 or permitting people to reside in the Australian community but without work rights and with inadequate welfare provision.' Frank Brennan speaks at the Australian Catholic University National Asylum Summit 2013.

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  • AUSTRALIA

    Rudd's second coming

    • Ray Cassin
    • 27 June 2013
    21 Comments

    Can Rudd fare any better? He is a formidable campaigner and consistently rates well above either Abbott or Gillard when poll respondents are asked who is their preferred prime minister. What is more, Labor has a success story to tell about the economy, which the Government thus far has failed to sell. Rudd tells this story without illusions.

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