Welcome to Eureka Street
Looking for thought provoking articles?Subscribe to Eureka Street and join the conversation.
Passwords must be at least 8 characters, contain upper and lower case letters, and a numeric value.
Eureka Street uses the Stripe payment gateway to process payments. The terms and conditions upon which Stripe processes payments and their privacy policy are available here.
Please note: The 40-day free-trial subscription is a limited time offer and expires 31/3/24. Subscribers will have 40 days of free access to Eureka Street content from the date they subscribe. You can cancel your subscription within that 40-day period without charge. After the 40-day free trial subscription period is over, you will be debited the $90 annual subscription amount. Our terms and conditions of membership still apply.
The Australian economy rests on a decades-long property gamble that has disenfranchised younger generations. It is why the differing policies of the two major parties at the federal election take on an unusual significance. The voters' choice will go a long way towards determining if that generational split will get better or worse.
A proposal to take decisions around welfare payments out of politicians' hands is the best way forward. If the major parties are going to put supporting the most vulnerable in the 'too hard' basket, let an independent commission determine the rates at which various welfare payments can allow people to live a dignified life.
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.
Kenneth Hayne's royal commission into the financial sector has named, shamed and excoriated banks, regulators, insurance companies and other financial services businesses to the extent that you would think they are now extremely vulnerable and universally unloved. That would be a mistake.
I must admit, the royal family and all news related to them goes straight to the 'irrelevant' folder in my brain. A friend's Facebook post last week sums up my feelings about it. It was about people saying to her 'The royals are doing a wonderful job' and her rather perfect response: 'At what?!'
In light of the evidence, a national energy policy prioritising renewables should be uncontroversial. But is seems ideology is impermeable to evidence. Instead, we have the government continuing to try to pressure AGL into keeping the Liddell coal-fired power plant open despite clear-cut economic and environmental reasons for its closure.
This is Australia's looming inequality issue. Those who can take advantage of the energy revolution will have lower bills and more comfortable living conditions during the frequent extreme weather events we'll experience with climate change. Those who can't will be left reliant on a dirty, aging and increasingly expensive electricity grid.
How comfortable does anyone really need to be? The amounts of money that get quoted in remuneration packages or property portfolios is incomprehensible to many Australians who manage to survive, even thrive, on so much less. Inequality seems to be driven by an incapacity to recognise what is enough and to stop.
Parenting is expensive, financially and emotionally. I would be fibbing if I didn't acknowledge the love and pride we receive from laughing with our progeny. Seeing them grow. But I'd be lying if I didn't acknowledge that being a mum or dad can be hazardous to your financial, social, sexual and physical health.
I was in Sydney recently, and within less than an hour of my arrival of the airport, I was thrust into a conversation about how completely unaffordable the city was becoming. 'Bonkers' was the general consensus. But how did it get this bad and what can be done to repair the current state of affairs?
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.
Dissatisfaction and concern about falling living standards for future generations is leading to longstanding policy assumptions being rethought. Nothing symbolises this more than tertiary education. Across the world, a decades-long trend towards user-paysis now being reversed. It is time for Australia to follow suit.
25-36 out of 86 results.