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The world’s financial markets are afflicted by a deep irrationality that imperils their very existence. On the surface, finance looks logical enough with its numbers, charts, mathematics, forecasts, ‘modelling’ and so on. But this only masks the fact that the system itself has been working on underlying assumptions that are either contradictory — such as that you can ‘deregulate’ finance when finance consists of rules — narrow minded or absurd.
Reading the government controlled Senate Committee recommendations regarding the current Social Security (Administration) Amendment (Continuation of Cashless Welfare) Bill 2020 and then the dissenting reports is like reading about two parallel universes.
Such a profound lack of action from our own government on an existential issue of this magnitude certainly doesn’t inspire hope. So when it comes to climate anxiety as a clinical issue, this is not only a risk factor, but also a barrier to treatment.
Despite the heavy focus on 'hard-hat' professions in our political discourse, Australia’s economy is dominated by its service sectors. If this is Australia’s first service sector recession, why is this not reflected in the focus of our recovery and job creation programs?
If society were a mine, refugees would be the canaries in it. Their condition reveals whether the currents of public air are pure or toxic. By that standard the present currents in Australia are noxious. They mark a change from the first generous response to the coronavirus to the meaner reconstruction of the economy.
Phyllis Zagano’s latest book Women: Icons of Christ is a must read for all who desire equality for women in our world and an inclusive practice of Catholic faith. The critical issue Zagano presents in this book is that ordaining women to the deaconate is a not a new or forbidden act in Catholic history but rather a return to a practice that endured for hundreds of years.
This Budget is a missed opportunity. It was a chance for the government to do something radical, to make real and defined impacts. Instead, we’ve increased funding for some regions, but at the cost of some of the most marginalised populations in the world, who have experienced years of discrimination, poverty and displacement.
The Federal Budget this year coincided with the release of Pope Francis’ Encyclical Fratelli Tutti. Both are preoccupied with the shape that society will take after COVID-19. It is tempting to compare their different approaches.
A common argument is that publicly-funded artists take unnecessarily from the ‘average Australian’. In the current international crisis, this argument fails to recognise that artists and arts workers are just as deeply impacted financially by COVID-19 as the ‘average Australian’ in other industries.
An idea that’s gaining traction, in a pandemic where international travel has stopped and many Australians are losing their jobs, is this notion that the unemployed (aka: everyone on JobSeeker payments) should go out into the regions and help the farmers pick fruit.
The havoc COVID-19 has wreaked on our economy has been less damaging than for some other countries. While international comparisons may help us feel better about our circumstances, the reality is that Australia’s economy is in trouble and will need more than economic first aid through measures like JobKeeper to get us back on track to recovery.
49-60 out of 200 results.