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The question that should be posed is how effective has the Reserve Bank been at ‘managing’ the economy and financial system? ‘Not very’, has to be the answer. Not that the RBA is alone. The same pattern has been seen across the developed world. Central banks have one weapon at their disposal, the cost of money (the interest rate), and there is not much evidence they have used this tool to make their systems sustainable. Mostly, they have made matters worse.
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.
On social media, business cards and the bottom of emails nowadays you will often find a bracket with people’s preferred pronouns (he/him or she/her or they/them). Without fanfare, gender neutrality has slipped into our 21st century speech and our unconscious, and it is only when we are confronted with the gender specific language that we realise how we’ve changed.
In Australia’s treatment of refugees and asylum seekers, notably those arriving by boat, compassion and fairness have rarely threatened a policy deemed cruel, costly and ineffective. The fate of the Muragappan family has been a continuous, scandalising flashpoint about the nature of Australia’s border protection policies.
Next week we officially enter winter. The associations of winter are largely negative. They mourn the loss of the summer that has passed. For that reason it may seem incongruous that winter should begin immediately after a Federal Election campaign that ended with the excitement of the people’s choice of a new Government. The potential for a new beginning might fit better with spring.
It is unfortunate that World Communications Day is celebrated in the middle of an election campaign. We have seen the worst of partisan media coverage, of shouting as a preferred form of communication, of endless experts promising Armageddon if the result is not to their taste. And yet we have also seen the best of media informing us of the issues that concern people in different parts of Australia. Without such public communication, for all its defects and excesses, our society would be the poorer.
There is an Australia that many people seldom encounter and its citizens number in the millions. These citizens live in all cities and regional towns, often in sub-standard yet costly housing, and struggle to survive week to week on low wages or inadequate government assistance.
When millions of Australians look back on this Federal Election campaign, they will recall it as one dominated by ‘gotcha’ moments and scare campaigns. Personal attacks, loud and in-your-face advertising campaigns and so-called missteps by politicians have provided countless hours of talkback content. Regrettably, this has taken the focus of too many away from nuanced conversations about the kind of society in which we want to live, and the policies and vision needed to take us there.
As the election campaign mercifully comes to an end, many of us have been musing on what the new Government should do when it comes into office. It is a difficult question to answer because both Parties have excluded any radical action to address the clear and pressing needs of Australians. Fires, floods and insurance costs highlight the need for immediate and shared action to address climate change. The simultaneous high cost of housing, the inadequate benefits available to the disadvantaged, and lack of accommodation for people in need testify to the need to address the growing inequality in Australian society.
The Church must speak up to be relevant, but those who seek to ‘speak for the church’ must be brave. They risk exposing themselves to claims of bias unless they stick to a very narrow agenda and speak in extremely measured terms. Yet if they are too bland they risk being irrelevant to the sharp end of political debate and their intervention becomes little more than a symbolic ritual.
Edward Cole understood that books encouraged community. The businessman could rub shoulders with the tramp in his Arcade. Now, in an age of division and isolation, more than ever we need spaces which facilitate community; light-filled cathedrals dedicated to the love of knowledge and stories, and their power to cross borders, politically, ideologically and culturally.
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