keywords: Recession

  • ECONOMICS

    Abbott and Hockey more Prince John than Robin Hood

    • David James
    • 05 May 2014
    11 Comments

    In politics, one should never opt for a balanced and thoughtful description of the truth when wild exaggerations will do. Especially when you want to take from the poor and give to, if not exactly the rich, at least the investor class. The dire pronouncements from the Abbott Government in response to the Commission of Audit's 86 recommendations reflect not only the PM's relentless negativity, but also more than a whiff of class war.

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  • AUSTRALIA

    Who killed the car industry?

    • Ray Cassin
    • 13 December 2013
    33 Comments

    The immediate responsibility for this looming economic disaster rests with the Abbott Government, and not merely because of its use of a bullying speech in Parliament by the Treasurer, Joe Hockey, to goad Holden into announcing a decision that its masters in Detroit had probably already taken. In the longer term, this should be seen as a bipartisan disaster. What happened this week was the culmination of a process that began under Hawke.

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  • RELIGION

    Costello the great Jesuit teacher

    • Frank Brennan
    • 21 October 2013
    1 Comment

    'With Em, we were only one handshake away from the great movers, shakers and events in the Church and the world. Those of us who lived with him were used to history lessons at breakfast when we would be schooled in the shortcomings of the popes, the modest breeding of papal nuncios, and the march of folly of great world leaders.' Frank Brennan's homily for the late Fr Emmet P. Costello SJ, St Mary's North Sydney, 21 October 2013.

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  • ECONOMICS

    Which party really has the economic smarts?

    • David James
    • 13 August 2013
    3 Comments

    As the China boom fades Australia is experiencing a delayed version of the GFC, without the banking crisis. Until now we've been reasonably well served by both sides of politics, in terms of macro-economic strategy. Now we require a way of dealing with more mundane economic issues like productivity and efficiency. Neither side has many good ideas about how to achieve the required structural shifts.

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  • AUSTRALIA

    When it comes to work and welfare, market rules Labor's roost

    • Luke Williams
    • 27 May 2013
    10 Comments

    If I was a long-term unemployed person, how would I answer the question, 'What has the ALP done for me?' 'Lots, and not much.' The Gillard Government's commitment to developing workforce skills suggests it values decent work, not just jobs, but in positing productivity as the path to prosperity it seems more Reagan than Keynes.

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  • AUSTRALIA

    Hockey and Thatcher's 'no entitlement' is bad economics

    • Michael Mullins
    • 14 May 2012
    15 Comments

    Joe Hockey provoked outrage with his recent suggestion that we should rely on families rather than the state for social welfare. His premise that high social spending leads to debt and decline reflects the GDP fetish of fundamentalist economists that Joseph Stiglitz blames for Europe's current economic problems.

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  • AUSTRALIA

    One lifetime, two Depressions

    • Robert Corcoran
    • 21 October 2011
    16 Comments

    When America sneezes the world catches cold. No wonder crowds are demonstrating against Wall Street. Successive economic crises reveal that we have forgotten the economic lessons learned after the Great Depression. I am one of the dwindling number of Australians who was alive at that time.

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  • AUSTRALIA

    Managing our mining windfall

    • Michael Mullins
    • 19 September 2011
    5 Comments

    While we have have East Timorese students coming here to learn about how to look after their oil sector, Australia should be sending people to East Timor to look at their outstanding example of how to safely and wisely preserve oil revenue for future generations.

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  • MEDIA

    Julia Gillard vs Kim Jong-il

    • Alan Austin
    • 29 July 2011
    21 Comments

    North Koreans admire their glorious leader and his visionary ministers, despite their poor economic and human rights record. By contrast, most Australians despise the current Labor Government, despite the high esteem with which it is regarded internationally. How can this be? 

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  • AUSTRALIA

    Remembering Bonegilla's refugee riot

    • Bruce Pennay
    • 18 July 2011
    8 Comments

    50 years ago this week, migrants and refugees from Eastern Europe rioted at the Bonegilla migrant reception centre outside Albury-Wodonga. The Federal Immigration Minister said such behaviour was not tolerated in this country, but investigation prompted public sympathy for the demonstrators.

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  • RELIGION

    Japan's gods of nature

    • Catherine Marshall
    • 21 March 2011
    5 Comments

    In Japan's relief centres and obliterated streets, there is no news of looting or violence, no shouts of blame, no demands for immediate evacuation and coronial inquests. 'Shinto is a nature religion,' says my guide Yoshiko. 'We give thanks to everything we have.'

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  • AUSTRALIA

    Resist shock jock 'judge bashing'

    • Fran Hogan
    • 21 February 2011
    3 Comments

    I had anguished over a particular sentence which was the subject of days of media comment. One of my fellow judges stuck his head around the door and said, 'Neil Mitchell says you are right.' This I found unsettling. Then he added, 'But don't worry, Derryn Hinch says you are a disgrace.' Phew!

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