keywords: The Financial

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  • AUSTRALIA

    On Aboriginal land: seeking a place at the table

    • Frank Brennan
    • 31 May 2017
    6 Comments

    Indigenous leaders this last week have called for the creation of two new legal entities. They want a First Nations Voice enshrined in the Constitution, and a Makarrata Commission set up by legislation. The Makarrata Commission would supervise agreement making between governments and First Nations and engage in truth telling about history. The envisaged destination is a national Makarrata (or treaty). So the immediate constitutional issue is the creation of the First Nations Voice. There is no point in proceeding with a referendum on a question which fails to win the approval of Indigenous Australia. Neither is there any point in proceeding with a referendum which is unlikely to win the approval of the voting public.

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  • AUSTRALIA

    Children's flourishing inside and outside the nuclear family

    • Andrew Hamilton
    • 12 May 2017
    3 Comments

    Public celebrations of family life such as the International Day of Families should be uncontroversial. But they sometimes focus on the definition of the family, with the claims of the stable nuclear family of father, mother and children set against the claims of other kinds of family groupings. These discussions should not distract from such larger questions as: why are families of any description important, and what qualities are needed if they are to be effective?

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  • ECONOMICS

    Budget's bank slug flouts the property precipice

    • David James
    • 10 May 2017
    3 Comments

    The $6.2 billion the government will raise through a levy on bank liabilities not only shows how out of favour banks have become, it is also, in effect, a de facto tax on property lending - a counterbalance to negative gearing and capital gains tax breaks. It is a tax on property lending because nearly all the banks' loans are mortgages for housing, or business loans secured with property. Of course the banks will pass the extra cost on to their customers, so it becomes a tax on borrowers.

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  • CARTOON

    'Twas the night before budget

    • Fiona Katauskas
    • 08 May 2017

    This week's offering from Eureka Street's award winning political cartoonist.

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  • ECONOMICS

    Beyond fake news lies the fog of fake figures

    • David James
    • 02 May 2017
    6 Comments

    Fake news aside, increasingly, we live in a world of fake figures. There is a cliche in management that 'what gets measured gets done'. In public discourse that might be translated to 'what gets measured is considered real'. One obvious fake figure is GDP, which is taken as a measure of national wellbeing. In fact, it is just a measure of transactions. If money changes hands because something disastrous happens then GDP will rise. That is hardly an indicator of national wellbeing.

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  • CARTOON

    What the Anzacs fought for

    • Fiona Katauskas
    • 01 May 2017
    12 Comments

    This week's offering from Eureka Street's award winning political cartoonist.

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  • ECONOMICS

    The language of exploitation in the online labour market

    • Daniel Nicholson
    • 24 April 2017
    3 Comments

    When you are in the business of exploiting people, language matters. A recently leaked document from Deliveroo is geared to emphasising that the people who deliver food for Deliveroo are and should remain independent contractors, not employees. In 2016, a Unions NSW report into the employment practices of gig-economy company AirTasker categorised the online labour market as 'unregulated Taylorism within a Dickensian marketplace where workers compete for bite-sized fragments of labour'.

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  • ECONOMICS

    Deconstructing the privatisation scam

    • David James
    • 04 April 2017
    13 Comments

    It is increasingly evident how pernicious the privatisation myth is. Two recent examples have underlined it: the failings in Australia's privatised energy grid and the usurious pricing in airport car parks. Both demonstrated that it is folly to expect a public benefit to inevitably emerge from private profit seeking. The purpose of government funded public infrastructure is not to make profits but to lower the cost of doing business, sometimes called the socialisation of the means of production.

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  • CARTOON

    Going with the flow

    • Fiona Katauskas
    • 04 April 2017
    3 Comments

    This week's offering from Eureka Street's award winning political cartoonist.

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  • CARTOON

    The Amazing Adventures of FreeSpeechMan

    • Fiona Katauskas
    • 28 March 2017
    2 Comments

    This week's offering from Eureka Street's award winning political cartoonist.

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  • CARTOON

    It's all in the timing

    • Fiona Katauskas
    • 21 March 2017
    8 Comments

    This week's offering from Eureka Street's award winning political cartoonist.

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  • AUSTRALIA

    The rule of law applies to government too

    • Kate Galloway
    • 20 March 2017
    17 Comments

    ACTU secretary Sally McManus' comments about the rule of law have sparked a lot of chatter on news and social media. While the rule of law arguably does assume citizens will obey the law, it also assumes government will behave lawfully. Further, it might be argued that the rule of law encompasses the principled application of government power. In this respect, the Australian government is itself falling well below adhering to the rule of law. I offer Centrelink #notmydebt as a case study.

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