keywords: Recession

  • ARTS AND CULTURE

    My own personal recession

    • Isabella Fels
    • 18 November 2015
    5 Comments

    My recession digs deep. In many ways I cannot take a leap as I would if I had heaps of money. How I would love to buy all sorts of goodies and never deny myself anything! How I wish I could be given a handout and make easy money, and throw money around everywhere I go! I feel myself learning the value of money the more I yearn for the dollar. In many ways it makes me feel stronger to make my money last longer, rather than constantly being lured by the dollar, and being easy fodder.

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  • ECONOMICS

    Inside US and China's dodgy economies

    • David James
    • 07 September 2019
    6 Comments

    One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.

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  • AUSTRALIA

    A common good frame for economic stimulus

    • Joe Zabar
    • 26 August 2019
    3 Comments

    While the current economic climate is cause for concern, it is not the time to panic. A more sensible alternative to austerity is for governments, business, unions and charities to look for ways we can together soften the impact of any global downturn. This will require bipartisan agreement to sacrifice some or all of the budget surplus.

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  • AUSTRALIA

    Truth and justice after the Pell verdict

    • Frank Brennan
    • 26 February 2019
    253 Comments

    Should the appeal fail, I hope and pray that Cardinal Pell, heading for prison, is not the unwitting victim of a wounded nation in search of a scapegoat. Should the appeal succeed, the Victoria Police should review the adequacy of the police investigation of these serious charges.

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  • ECONOMICS

    Election sweeteners a family affair

    • Joe Zabar
    • 21 February 2019
    5 Comments

    Both Labor and the Coalition would be wise to consider revisiting the Howard-era Family Tax Benefits to provide targeted relief to families. Both have taken their share out of the FTB bucket as a way to balance the budget. By doing so, they have left many families worse off. The restoration of some of the cuts to FTB would be a good a start.

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  • AUSTRALIA

    Time to stop punishing the unemployed

    • El Gibbs
    • 21 November 2018
    10 Comments

    Australia’s income support system and employment services have shifted to an ever harsher regime of compliance and penalty, while failing to find work for hundreds of thousands of people. 

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  • INTERNATIONAL

    Brazil's long night of the soul

    • Antonio Castillo
    • 30 October 2018
    8 Comments

    Bolsonaro's election is the product of Brazil's disenchantment with democracy and hatred against a political system corrupted to its core. It is corruption — a malaise that infiltrates just about every slice of Brazilian society — that has pushed the country to what Vladimir Safatle, a Brazilian philosopher, has described as 'night without end'.

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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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  • AUSTRALIA

    Where have all the arts ministers gone?

    • Eliza Berlage
    • 02 March 2018
    1 Comment

    Is it any wonder that when I came to work in the press gallery I was cynical about arts policy? In those lockup hours scouring budget papers it was clear yet again the arts would not see any wins. It wasn't always this way. Prime ministers and arts ministers of yesteryear produced arts policy informed by their personal and political interest.

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  • ECONOMICS

    No economy of exclusion and inequality

    • Joe Zabar
    • 27 February 2018

    'Francis' statement is not one merely for theological or academic contemplation. It is in effect Francis' call to establish a new benchmark for our economy, one where exclusion and inequality are no longer a natural and accepted consequence of its operation.' Director of Economic Policy for Catholic Social Services Australia addresses the CSSA annual conference in Melbourne, February 2018.

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  • ARTS AND CULTURE

    At St Brendan's

    • Grant Fraser
    • 15 January 2018
    7 Comments

    On days like this, with blisters of tar already softening on the road, the nuns would curdle in the heat, shifting their stays by habit; sometimes, a bead of sweat would tempt their brows. Cooped in our desks, we steered our wilful pens over acreages of white pages.

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  • ECONOMICS

    Economic doom looms in Oz's game of homes

    • David James
    • 12 December 2017
    1 Comment

    It is not difficult to imagine a scenario where the game of musical chairs in Australia will come to a shuddering end, imperilling the banks and dragging the economy into a deep recession. As we saw in the GFC in America and Europe, government money will be thrown at the banks to rescue them at the expense of ordinary citizens.

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