Search Results: treasury

  • INTERNATIONAL

    Assange and Ecuador's 'traitor' president

    • Antonio Castillo
    • 29 April 2019
    2 Comments

    Ecuadoreans have a popular expression, hacer la casita — roughly, 'they deceived us by promising something that was not going to be fulfilled'. This is what most Ecuadoreans are feeling now about president Lenín Moreno following his economic shift to the right, and the withdrawal of the asylum granted to Julian Assange by his predecessor.

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  • ARTS AND CULTURE

    Approaching the turnstile

    • Ross Jackson
    • 14 January 2019
    1 Comment

    If, when called upon at eighty years of age, I cannot prepare a sandwich, make a mess of my words, I fear that the thought may occur: I have my Seniors Card but I have no legacy, and I have no Torah, I have no Bible, and I have no Koran.

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  • 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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  • 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

    Migration compact will benefit Australia

    • Carolina Gottardo
    • 06 August 2018
    14 Comments

    The adoption of the GCM should not be politicised as it is a non-binding framework that benefits our country, the international community and migrants. Migration is a global phenomenon, not a situation that single countries can deal with in isolation. Australia has nothing to lose and much to gain from adopting the Compact.

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  • ECONOMICS

    Devils in budget detail

    • Gabriela D'Souza
    • 17 May 2018
    2 Comments

    There were the stories that didn't get much of a mention in the mainstream press but will net large gains for young people and new entrants to the labour market. Under the budget measure, inactive super accounts with balances of less than $6000 will have a three per cent cap on fees charged. But is this policy quite what it seems?

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  • AUSTRALIA

    Budget slights domestic violence services

    • Eliza Berlage
    • 15 May 2018
    6 Comments

    Every year around the International Day for the Elimination of Violence Against Women, politicians with white ribbons pinned to their suits deliver passionate speeches about protecting women from domestic violence. But when it comes to implementing life saving measures, their lack of action speaks louder than words.

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  • ECONOMICS

    Tax cuts good politics, but not good policy

    • Joe Zabar
    • 12 May 2018
    2 Comments

    The proposed tax cuts will create long-term structural changes to government revenue sources, which may prove to be economic folly in future-proofing Australia against global economic shocks, and in dealing with current unmet needs of poor and vulnerable Australians.

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  • INTERNATIONAL

    Nuclear North Korea and the dangers of panic

    • Binoy Kampmark
    • 04 September 2017
    8 Comments

    In Australia, the reactions have been far from mild. Malcolm Turnbull was less than reassuring, suggesting the un-testable notion that the Korean peninsula was closer to conflict than at any time since the Korean War. The converse, if counter-intuitive argument can be made: that the peninsula is being made safe from war through this aggressive pursuit of nuclear arms. This is not a view deemed acceptable to officials in Washington and Canberra but is entirely realistic given Pyongyang's aims.

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  • ECONOMICS

    World trade is now America versus China (and Russia)

    • David James
    • 23 August 2017
    4 Comments

    The anti-Russian frenzy in the United States amounts to little more than a great deal of evidence that the intelligence community suspects there might be a great deal of evidence that the Russians have been meddling. It has to rank as one of the biggest, and most orchestrated, blind alleys of modern media coverage. When a journalist says an anonymous ‘respected source’ thinks the Russians are up to something, this writer is always left wondering: respected by whom? His dog?

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  • AUSTRALIA

    An inclusive Australia

    • Frank Brennan
    • 13 June 2017
    1 Comment

    This evening, we come together deliberately as people of diverse faiths and none, affirming the blessing of life in an inclusive country where all world views are to be respected. We are able to affirm that our spiritual lives sustain and strengthen our public lives and the vitality of the polis. Our Muslim hosts show us how to give thanks reverently for all the blessings of life, and how to attest publicly the spiritual dimension of all human life. Those of us who are migrants or descendants of migrants need to be particularly attentive to the yearnings and aspirations of those Australians who rightly claim an indigenous heritage with ancestors who have thrived on this continent for up to 60,000 years.

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  • ECONOMICS

    Budget's bank slug flouts the property precipice

    • David James
    • 10 May 2017
    3 Comments

    The $6.2 billion the government will raise through a levy on bank liabilities not only shows how out of favour banks have become, it is also, in effect, a de facto tax on property lending - a counterbalance to negative gearing and capital gains tax breaks. It is a tax on property lending because nearly all the banks' loans are mortgages for housing, or business loans secured with property. Of course the banks will pass the extra cost on to their customers, so it becomes a tax on borrowers.

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