keywords: Treasury

  • AUSTRALIA

    Jobs key to reviving flailing economy

    • Joe Zabar
    • 18 October 2019
    3 Comments

    Treasurer Josh Frydenberg's attack on banks for failing to pass on the full rate cut to consumers is a political distraction. There are two clear signals coming out of the latest cut. First, monetary policy is not enough to spark a revival of the economy. Second, it's now all about jobs. Frydenberg and his officials would be wise to heed these signals.

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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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  • INTERNATIONAL

    Lessons from the US-Iran 'lucky escape'

    • Justin Glyn
    • 25 June 2019
    8 Comments

    The first lesson would seem to be that Iran would be foolish to return to talks with the US. There seems precious little to talk about, and absolutely no assurance that the US would keep its side of the deal even if talks did result in the new and better deal the US has claimed it always wanted.

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  • 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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