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Keywords: Property Market

  • AUSTRALIA

    The limits to private ownership of property

    • Samuel Tyrer
    • 08 July 2015
    11 Comments

    Private property rights are one of the few rights expressly protected under the Australian Constitution, but broader societal interests must be taken into consideration. Compulsory acquisition of land for the greater public good has always been a fact of life for property owners. France is currently enacting laws to force supermarkets to give their unsold consumable food 'property' to charities. 

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  • ECONOMICS

    Why the rich are getting richer

    • David James
    • 19 November 2014
    6 Comments

    Investing capital in the production of goods and services may create jobs, but it's not the best way to make money. It's more profitable to manipulate the financial system to create more money from money, which is why the finance sector does so well. The polarisation of wealth is less extreme in Australia, but we have our own capital-driven Ponzi scheme - the residential property market, which has become an exercise in making money out of money. 

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  • AUSTRALIA

    Who wants to be a capitalist?

    • Moira Rayner
    • 31 October 2014
    11 Comments

    Affordable housing ought to be a hot election issue. Sadly it’s not a government priority, with ordinary people being taught to be entitled to look to capital growth in bricks and mortar as the best path to financial security. That is producing a housing price bubble and public housing is being squeezed. As a result, an increasing number of Australians can’t afford to put a roof over their head.

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  • AUSTRALIA

    Ending feminised poverty

    • Kate Galloway
    • 11 September 2014
    14 Comments

    Despite historical gains for women in terms of formal equality, structural issues - wage gap, superannuation gap, childcare, unpaid caring, inequitable income distribution - have not gone away. I do not see why my older women friends should be burdened with accumulated poverty simply because they are women. They carry a material burden because their unpaid work was considered to be performed 'for love', undeserving of financial security.

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  • ECONOMICS

    Australia's delayed GFC

    • David James
    • 08 September 2014
    7 Comments

    What is only now starting to come into focus is the extent to which the whole economy is in hock to house prices. A sharp fall in the housing market will put intense pressure on our major lending institutions, leading to a deeply depressing effect on all parts of the economy. The regulators, as ever, are taking a hands-off approach.

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  • ECONOMICS

    Commbank plunder part of new world economic order

    • David James
    • 07 July 2014
    7 Comments

    As the Pope and economist Thomas Pikkety have observed in recent times, the inequity created by capitalism is a growing concern. But the problem with this argument is that 'capitalism' is too broad a term. The attack would be far better directed against the financialisation of developed economies. A new type of sovereign has emerged, and like all rulers they are cheerfully engaging in acts of plunder.

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  • AUSTRALIA

    Move over Lance Armstrong, the Budget is coming

    • Andrew Hamilton
    • 08 May 2014
    13 Comments

    Heightened competitiveness does not foster interest in the common good but creates a narrow focus on the interests of the individual. The use of drugs in cycling illustrates the point. Doing what it takes meant taking competition out of the game by excluding competitors from the possibility of winning. In Australian politics the cult of competitiveness has led to a rigged competition in which the national interest will not be served.

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  • RELIGION

    Chords of community in a country church protest song

    • Andrew Hamilton
    • 13 March 2014
    9 Comments

    The conflict began with falling church attendances and a decision by the Koroit parish priest to rationalise resources. Although Regina Lane describes in detail the battles to save St Brigid's, her book is far more than a protest song against the power of the Catholic Church. The larger stories embodied at St Brigid's, the immigrant groups who formed the first congregation and their relationship to the first Australians, have continuing importance.

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  • MEDIA

    Would Crikey pay Doris Lessing?

    • Ellena Savage
    • 22 November 2013
    7 Comments

    Last week a letter circulated among freelance writers that called out Crikey's online arts daily, The Daily Review, for its decision not to pay freelance conributors, despite being a commercial, advertising-driven enterprise. The death this week of British writer and Nobel laureate Doris Lessing speaks further to this issue of whether writers should be paid for their work. The way she lived her life could not be disentangled from how and what she wrote.

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  • RELIGION

    Christian social thinking for Australia

    • Frank Brennan
    • 08 November 2013
    1 Comment

    'Many Catholics wonder how we can maintain our Christian faith at this time in the wake of the sexual abuse crisis and the many judgmental utterances about sexuality and reproduction. The Church that has spoken longest and loudest about sex in all its modalities seems to be one of the social institutions most needing to get its own house in order.' Frank Brennan's address to the Yarra Institute for Religion and Social Policy, 8 November 2013. 

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  • ECONOMICS

    Life and death issues the election campaign missed

    • David James
    • 06 September 2013
    4 Comments

    Two of the most important issues to have been given scant attention in the election campaign are ageing and property. Even less noticed is the inter-relationship between the two. The effect of ageing on property prices will be arguably the most important financial challenge facing Australian governments over the coming decades.

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  • RELIGION

    Aboriginal Catholics' culturally enriched living

    • Frank Brennan
    • 02 October 2012
    6 Comments

    'It has been helpful to have the Pope offer the encouragement that there need not be any conflict between Christian faith and Aboriginal culture. But Aboriginal culture is often founded on religious beliefs which find and express God's self-communication outside of Christ and the Church's seven sacraments.' Fr Frank Brennan SJ's address 'Culturally Enriched Through the Gospel' at the NATSICC Conference on 1 October 2012.

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