Search Results: banks

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

  • ECONOMICS

    What it will take to redeem the banks

    • Andrew Hamilton
    • 05 December 2018
    8 Comments

    Now that the royal commission hearings have finished, people are asking whether things will change. There are grounds for both cautious hope and pessimism. Hope is based on the expectation that the exposure of greed, complacency and lassitude in institutions, boards and regulators will lead them to hunger for a better reputation.

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  • AUSTRALIA

    Kerryn Phelps' middle-class populism

    • Osmond Chiu
    • 05 December 2018
    4 Comments

    At first glance, the move towards electing independent MPs seems to be a repudiation of attempts to mimic right-wing populism and a vote for small l liberalism. But it shares more with populism than many care to admit.

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  • ECONOMICS

    Compound interest is the root of banks' evil

    • David James
    • 04 December 2018
    7 Comments

    The problem goes much deeper than a few crooked operatives and it will not be fixed by changing the corporate 'culture'. The fundamental evil is the arithmetic of compound interest. Interest on debt rises exponentially, while economic activity is linear. That means that sooner or later those in a weaker position are unable to pay.

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  • AUSTRALIA

    The politics of asylum-seeking children

    • John Warhurst
    • 08 November 2018
    11 Comments

    The government and the opposition are prevaricating and effectively delaying the positive outcome that many in the Australian public are crying out for. The time is ripe for action, but decisive policy movement is still absent.

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  • AUSTRALIA

    Walking together for a better future

    • Frank Brennan
    • 01 October 2018
    3 Comments

    Frank Brennan's keynote address to the National Aboriginal and Torres Strait Islander Catholic Council Assembly entitled: 'Strong Faith. Strong Youth. Strong Future — Walking Together in a movement of the Australian people for a better future'. 1 October 2018, Technology Park — Bentley, Perth

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  • ECONOMICS

    Lehman Brothers and the next GFC

    • Binoy Kampmark
    • 13 September 2018
    2 Comments

    It has been a decade since the banking aristocracy Lehman Brothers filed for bankruptcy in what would be the chant of doom that became the Global Financial Crisis. Today, the legacy of Lehman Brothers and the crisis it helped precipitate supply warnings of the next shock.

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  • AUSTRALIA

    Fraser Anning's enemy twin

    • Susan Connelly
    • 17 August 2018
    3 Comments

    We see the occasional extreme Muslim cleric railing against the west. This week we witnessed a similar incident in Parliament, with a senator calling for a return to the White Australia policy and a ban on Muslim immigration. An insight of René Girard's assists in interpreting this incident and the resentment and fear which lies beneath it.

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  • AUSTRALIA

    Banking on the common good

    • Andrew Hamilton
    • 15 August 2018
    7 Comments

    If trustees don't understand the meaning of trustworthiness, all the penalties in the world won't encourage them to act in a trustworthy manner. What is needed is conversion — the recognition that the good of each individual depends on their seeking the common good, and the determination to ensure that this vision permeates corporations.

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  • ENVIRONMENT

    Among the ghosts of Chernobyl

    • Catherine Marshall
    • 15 August 2018
    5 Comments

    The earthworms and bees were the first to know, wrote Nobel laureate and Belarusian native Svetlana Alexievich. The bees stayed in their hives; the worms buried themselves so deep that fishermen digging for bait on the banks of the Pripyat River were perplexed that they couldn't find any. The humans were slower to learn.

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  • ECONOMICS

    Australia's deadly game of mates

    • David James
    • 14 August 2018
    6 Comments

    Murray and Frijters detail what they call Australia's 'grey corruption': the grubby nexus between 'James' (corrupt business people) and governments or regulators. The Jameses thrive at the expense of the 'Bruces': ordinary working people. The games of the corrupt elite now cost the 'Bruces' about half their wages.

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  • AUSTRALIA

    Why powerful people behave badly

    • Conor Wynn
    • 06 July 2018
    12 Comments

    Pinning all the blame for poor behaviour on deliberate individual choice is a fundamental attribution error. We need to rise above the salacious gossip and the spectacle of corporate beheadings to understand what drives behaviour in powerful people, take a more reasoned approach and achieve sustainable change.

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  • RELIGION

    The sentencing of Archbishop Wilson

    • Frank Brennan
    • 04 July 2018
    75 Comments

    Philip Wilson has been sentenced to 12 months' detention for concealing child sexual abuse. It's very likely that he will appeal his conviction and sentence. An appeal may well succeed, but that's not the end of the matter. This has been a six-year saga relating to events which occurred more than 40 years ago. Emotions are running high.

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