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Monetary authorities are caught in an impossible situation. Inflation is rising: it is over 5 per cent in Australia and over 9 per cent in the United States. Inflation is often seen as a way out of excessive debt because it erodes the real value of money and therefore the real value of the debt. But what is increasingly being discussed are ways to cancel the debt.
One of the tests by which we can judge political maturity is whether it gives due weight to complexity. It is easy to reduce political conversation to opposed statements between which we must choose. That will sometimes be appropriate. Often, however, discussion of policy raises several different questions, each of which needs to be considered.
How is it that Lismore, one of the most flood-prone towns in Australia, can be so ill-prepared and so badly affected by floods this year? Flood frequency is critical information, so you might expect that such guidance was based on the best available data – but this does not appear to be so.
The leaders of the past are often referred to as a measuring stick for evaluating the present. Australian prime ministers are routinely compared to John Curtin or Robert Menzies. This coming week calls to mind another leader against whom we might measure others. July 18 marks Mandela Day, an annual international day in honour of Nelson Mandela, the first Black President of South Africa. Mandela had the quality, rare today, of being born to rule.
Indicating the Vatican will be stepping up its climate diplomacy, the Holy See is now a formal party to the UN Framework Convention on Climate Change and has declared it intends also to formally join the 2015 Paris Agreement. The Holy See announced that it would be acceding to the Paris Agreement as soon as that treaty’s ‘legal requirements’ allow.
Since the Federal Election one of the most refreshing features has been the new Prime Minister’s connection with people. Whether it is shown by riding a bamboo bicycle with the Indonesian President, expressing sympathy for the Nadesilingam family for their prolonged ordeal before returning to Biloela or agreeing with Jacinda Ardern, herself a model of public empathy, about the unreasonableness of expelling to New Zealand people who had never lived there, his actions displayed a readiness to listen and to enter the experience of other people.
Some 278 Catholic bishops, clergy, religious personnel and lay people will meet as members of an unprecedented Plenary Council during 3-9 July to finalise the resolutions of their first assembly last year. However the May working document ‘Framework for Motions’, despite much worthy content, especially on Indigenous affairs, relies on a narrow notion of mission overly focused on inner-church issues at the expense of the wider social engagement that Francis emphasises.
Despite last week’s decision by the Fair Work Commission to push up the national minimum wage by 5.2 percent, millions of Australians, in all parts of the country, will continue to live in poverty and on survival wages. The facts are that the Commission’s decision takes the minimum wage from $772 a week to $812, an increase of $5.70 a day, not a fortune but better than nothing.
In his initial speech as leader of the Liberal Party Peter Dutton committed himself to care for the forgotten voters, echoing a foundation document of the Liberal Party: Robert Menzies’ speech after an electoral defeat in 1942 refers to forgotten people to point the way forward for the new party. The phrase was central to a re-imagining of Australian society.
The Asia Pacific region has some of the world’s poorest and most disadvantaged communities. Supporting our regional family through increased aid and development will be important, but so too is the respect we show to the leaders of those nations which surround us.
As I was reading the illuminating contributions to Class in Australia I had to confront my attitudes to Marxist analysis, to the claims of sociology, social work and psychology to be sciences, to the relative importance of inequality based on wealth, gender and race, and to any claim that canonises individual choice while claiming to be value free.
We are now three months into the Ukraine war. From an invasion it has turned into a war of attrition that has cost many lives, displaced civilians, destroyed cities, and led to sanctions and the making of alliances with effects that have spread suffering far beyond Ukraine. In this Roundtable, Andrew Hamilton SJ, David Halliday, Michele Frankeni and Dr Stewart Braun explore the ethics of the war and likely paths to peace.
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