Welcome to Eureka Street

back to site

Keywords: Big New Tax

  • AUSTRALIA

    Australia's dysfunctional housing quagmire

    • Peter Mares
    • 12 April 2024
    1 Comment

    The ABC’s recent Q+A housing special left many questions unasked and unanswered. Labor, Coalition and Green MPs all say they want more people to be able to buy their own homes. The most obvious way to achieve that would be to reduce the price of housing. Yet no politician will make that an explicit policy aim.

    READ MORE
  • AUSTRALIA

    Best of 2023: How Australia's asylum seeker policy has evolved over thirty years

    • Kerry Murphy
    • 04 January 2024

    Throughout recent decades of Australian history, the stance every government has taken on asylum seekers has reflected the shifting political landscapes and challenging humanitarian issues that have continually shaped Australia's response to those seeking refuge. 

    READ MORE
  • AUSTRALIA

    Changing the housing story

    • John Falzon
    • 21 September 2023
    3 Comments

    In the face of Australia's pressing housing crisis, is the solution merely a question of funds, or does it demand a deeper overhaul? Many are calling for a transformed government role, one that abandons the shackles of neoliberalism, prioritises social infrastructure, and champions the collective good over select interests.

    READ MORE
  • AUSTRALIA

    Three steps back and one step forward: Three decades of asylum seekers in Australia

    • Kerry Murphy
    • 28 July 2023

    How has Australia's asylum seeker policy changed over the past thirty years? The approach of every government has reflected the shifting political landscapes and challenging humanitarian issues that have continually shaped Australia's response to those seeking refuge. 

    READ MORE
  • ECONOMICS

    The debt crisis we all saw coming

    • David James
    • 03 April 2023

    As the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse poses a renewed threat to the global financial system, the question arises: how can we manage out-of-control debt? With global debt exceeding 230 per cent of GDP, could nationalising banks be the solution to the ongoing crisis, or will the debt merry-go-round continue to spin out of control?

    READ MORE
  • INTERNATIONAL

    Who ousted Peru's president of the poor?

    • Rodrigo Acuña
    • 09 March 2023
    4 Comments

    The removal of Peru's democratically elected president Pedro Castillo has left the country in turmoil. But what were Castillo's policies that led to his downfall and imprisonment after 495 days in office?

    READ MORE
  • AUSTRALIA

    The Australian housing crisis: A Roundtable

    • David Halliday, Peter Mares, John Falzon, Nicola Nemaric, Rae Dufty-Jones
    • 18 November 2022
    1 Comment

    Despite rising interest rates and the recent dip in property values, Australia’s housing situation places it among the least affordable property market in the world. With a rise in homelessness and younger Australians locked out of an inflated housing market, what is the way forward for Australia? 

    READ MORE
  • ECONOMICS

    Managestocracy

    • David James
    • 28 October 2022

    Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy. 

    READ MORE
  • ARTS AND CULTURE

    The book corner: Beyond belief

    • Barry Gittins
    • 12 August 2022

    Journalist and author Elle Hardy spent 15 months researching and writing her 2021 work Beyond Belief: How Pentecostal Christianity is Taking Over the World. She notes the estimation that by 2050, one billion people around the world (one in 10 humans) will be a Pentecostal follower of Jesus (and their pastor).

    READ MORE
  • AUSTRALIA

    When victory for the silent is defeat for the silenced

    • Anthony N Castle
    • 18 May 2022
    8 Comments

    I was invited to a party the night of the 2019 election. The night’s entertainment was invite-only, with long tables of bread and wine, and I stepped back from the sounds of celebration to hear the political coverage on my phone. Standing at the far window, I looked up to see people in the night below, out in the dark, silent. Behind me a party guest shouted over the noise ‘what happened?’ I looked away from those outside and answered: a loss.

    READ MORE
  • ECONOMICS

    Climate change trillions

    • David James
    • 08 November 2021
    4 Comments

    The Glasgow United Nations Climate Change Conference has been advertised as an effort to focus on sustainable environmental solutions. What got much less attention, if any, is that it is probably at least as much about having a sustainable financial system. Many noted that China, did not send its leader: Xi Jinping, president of the world’s greatest CO2 emitter. There was also another significant absence: the financiers who are hoping to profit from the trillions allocated into climate change projects.

    READ MORE
  • ECONOMICS

    Why inflation isn't higher

    • David James
    • 12 August 2021
    4 Comments

    The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.

    READ MORE