Search Results: recession
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ECONOMICS
- David James
- 07 March 2024
1 Comment
The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.
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AUSTRALIA
- Max Jeganathan
- 24 January 2024
2 Comments
Even the best forecasting gets it wrong, and every year has its own 'Black Swan' events, characterised by their unpredictability and impact. They remind us that the future is unpredictable, perpetually lurching between prediction and confusion.
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ECONOMICS
- David James
- 23 November 2023
If money is just a set of rules, we need to ask, how can these rules best serve society and not cause crises? We know, after thousands of years of evidence, that the debt-based system of money eventually self-destructs, and this time, the effects are likely to be felt around the world.
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ECONOMICS
- David James
- 10 October 2023
1 Comment
As Western economies grapple with soaring inflation rates, the once steady financial landscape is shifting, revealing looming challenges beneath mounting global debt. Amid 'Great Reset' calls, many face an uncertain future where the true cost of living is set to be redefined.
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AUSTRALIA
- Anthony N Castle
- 02 August 2023
6 Comments
Despite a decisive electoral shift and promises to solve generational crises in housing, climate, and the cost-of-living, the change many longed for seems slow under Labor. What can be realistically expected from a government with a mandate for change, yet wrestling with complex problems that defy simple solutions?
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AUSTRALIA
- James Massola
- 13 June 2023
2 Comments
In a year defined by surging living expenses, RBA Governor Philip Lowe finds himself the object of public ire, his failed rate predictions and aggressive anti-inflation measures becoming a litmus test for the enduring effects of a global crisis. Will the Labor party dare sever ties with Lowe, or will they allow him to continue wielding the hammer, regardless of the mounting human cost?
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AUSTRALIA
- David Halliday
- 14 November 2022
How much financial strain can a system tolerate? With families simultaneously staring down the four horsemen of wage stagnation, higher prices of goods, higher bills, and higher mortgage repayments, something’s got to give.
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ECONOMICS
- David James
- 03 October 2022
5 Comments
For Europe, especially Germany, there should be enough gas in storage to limp through winter but by next spring there may be severe trouble. The leaders of Europe and the United States expected that they would win the economic war against Russia and force the invader to withdraw. Not only did that not happen, it is likely to lead to severe unintended economic consequences.
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AUSTRALIA
- Melinda Tankard Reist
- 20 July 2022
1 Comment
Exposure to pornography has been linked to an increase in in sexually aggressive behaviour and adolescent dating violence. This mass, industrial-level grooming of our young is causing lasting damage to their social and sexual development and leading to even more women and girls being viewed as less human.
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ECONOMICS
In purely economic terms, the upcoming Federal election is extremely unusual. The shut down of the Australian economy for almost two years because of health measures really has no precedent in our history. Only war can produce that type of shock. The Federal government’s financial response was as extreme as the state of emergency measures, including a sharp increase in Australian government debt. It remains to be seen, however, if the government gets much credit for injecting so much free money into the economy. It is unlikely.
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ECONOMICS
But although the Coalition will never admit it, it looks suspiciously like there has been some bipartisan institutional learning about how to manage financial crises. If you want to stimulate an economy in times of crisis put the money directly into the economy, either into people’s pockets or to businesses who then pass it on to workers.
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AUSTRALIA
- Joshua Lourensz
- 04 March 2021
4 Comments
Many people are still doing it tough. And the many organisations who are tasked with trying to support them share a sense of dismay as we see Federal Government assistance being wound back fast. We need to increase decent work opportunities and ensure a reasonable safety net for those out of work if we want to get through this and still claim the ‘fair go’.
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