Search Results: financial crisis

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

  • AUSTRALIA

    Budget enshrines neglect of older women

    • Rosie Williams
    • 12 April 2019
    2 Comments

    Women's groups were initially cut out of this year's budget lockup with just two representatives admitted after fighting tooth-and-nail for the privilege. With such hostility to our cause it is hardly surprising to find the budget holds little hope for women in resolving the structural inequalities baked into our lives.

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  • AUSTRALIA

    Getting to the roots of health inequality

    • Eliza Berlage
    • 08 April 2019
    3 Comments

    Labor's $2.3 billion cancer care package and promise to roll out more mental health facilities away from the major cities are positive policies. However it could go further with its health platform of funding specialist care by finally sinking its teeth into putting dental for all on Medicare.

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  • RELIGION

    Supporting those on the margins

    • Frank Brennan
    • 18 February 2019

    'We can do this better by breaking down the silos and binding together our concern for nature, justice for the poor, commitment to society, and interior peace.' Opening Keynote Address by Fr Frank Brennan SJ at the Catholic Social Services Australia National Conference, Port Macquarie 19 February 2019.

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  • AUSTRALIA

    Shaping the Pope's sexual abuse summit

    • Andrew Hamilton
    • 18 February 2019
    33 Comments

    This week the presidents of bishops conferences and representatives of religious congregations around the world will meet in Rome to reflect on responses to the sexual abuse of children To understand and evaluate the meeting, we should keep in mind its background and the different groups that have a particular interest in it.

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  • AUSTRALIA

    Banks remain protected species

    • John Warhurst
    • 04 February 2019
    10 Comments

    Kenneth Hayne's royal commission into the financial sector has named, shamed and excoriated banks, regulators, insurance companies and other financial services businesses to the extent that you would think they are now extremely vulnerable and universally unloved. That would be a mistake.

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  • ECONOMICS

    What are banks for?

    • Colin Long
    • 18 January 2019
    6 Comments

    The opening of the finance sector to scrutiny provides an opportunity to examine its position in the structure of the Australian political-economy, and, most importantly, to make the changes necessary to place it at the service of the people, rather than allowing it to continue to prey on us.

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  • ECONOMICS

    The true lesson of capitalism

    • David James
    • 15 January 2019
    2 Comments

    One of the most basic distinctions in finance, with which any stockbroker or fund manager is familiar, is that between equity and debt. As the global economy teeters on the edge of a debt and banking crisis, with global debt more than 300 per cent of global GDP, the merits of equity is something that needs to be better understood.

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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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  • INTERNATIONAL

    Waking up to homelessness

    • Gillian Bouras
    • 19 October 2018
    11 Comments

    In London of the 1990s, I observed people sleeping under bridges, on doorsteps, in cardboard boxes. How they survived the winters, I never knew, and I suppose many didn't. Since the beginning of Greece's financial crisis in 2008 and the influx of refugees from the Middle East, similar scenes can now be seen in Athens.

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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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  • INTERNATIONAL

    Dress sense or political statement? It's a tie

    • Gillian Bouras
    • 03 September 2018
    10 Comments

    Collars and ties, or lack of them, can have a specific political application. In 2007 Robert Mugabe, fearsome Zimbabwean dictator, was invited to an EU summit in Lisbon. The Anglican Archbishop of York, John Sentamu, cut up his clerical collar on television and vowed to replace it only after Mugabe had gone.

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  • RELIGION

    Policy vs penance amid US church crisis

    • Jim McDermott
    • 21 August 2018
    22 Comments

    The idea of some sort of communal action by bishops does speak to the deepest desire of many if not most US Catholics: that leaders of the US Church might finally take responsibility for their actions, and demonstrate that the pastoral needs of their people and the Church are more important than their own status or position.

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