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Keywords: Currency

  • INTERNATIONAL

    A righteous sermon about the haves and have-nots

    • Gillian Bouras
    • 23 May 2016
    11 Comments

    In America, Rex Tillerson, CEO of Exxon, received a salary of more than $40 million in 2012. He is apparently a devout Christian, so I wonder whether he ever worries about Matthew chapter 19, verse 24: it is easier for a camel to go through the eye of a needle than it is for a rich man to enter into the Kingdom of God. The 400 richest Americans own more wealth than the GDP of India. In contrast, vast numbers of their fellow citizens have less than $1000 in their savings and cheque accounts combined.

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  • AUSTRALIA

    Legislating for human dignity without being misty-eyed

    • Kate Galloway
    • 02 May 2016
    23 Comments

    I have often wondered at the likely success of entreaties to compassion for asylum seekers. This is not because I do not personally feel compassion for these people. And it is not because I do not believe that it is morally correct to show compassion, including through government policy. Rather my response is partly a factor of my training as a lawyer. Through my legal eyes, I can see little hope for appeals to politicians to show compassion. My conditioned response instead is to appeal to law.

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  • ECONOMICS

    Serfs sucked dry in the kingdom of banks

    • David James
    • 18 April 2016
    11 Comments

    Three finance-related events are currently gaining great attention in the media. One is the so-called Panama Papers. Another is the proposal to have a royal commission into the banks. And a third is the furore over the unaffordability of homes and the debate over negative gearing. On the surface they would seem to be quite separate issues. But all three issues demonstrate yet again that banks are, if not the most malign organisations on the planet, then certainly among the most dangerous.

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  • RELIGION

    Religious thought in sacred secular Australia

    • Frank Brennan
    • 22 March 2016
    6 Comments

    I offer no public judgment of Pell, and unlike many other commentators I'll await the findings of the royal commission. I have however been outspoken about his right to a fair hearing and natural justice, not because I am a priest but because I am a human rights lawyer who cares about the universal application of the rule of law. It is when a representative of institutional religion like Pell taps into the generic religious sensibility or moral consciousness that the real work of Australian religious thought is done.

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  • AUSTRALIA

    #LetThemStay reveals the political capital of compassion

    • Somayra Ismailjee
    • 12 February 2016
    8 Comments

    Since the first churches offered sanctuary to the refugees facing deportation to Nauru, a steady stream of voices have joined the call for compassion. As a political language, compassion is itself a reclamation of power. Extending safety, resources, or even a mere welcome to people in need proves that we have something to give. Strength is embodied by a capacity to aid and assist, rather than in cruelty. Empathy, care and compassion appeal to us on a level of emotion that runs deeper than mere rhetoric.

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  • ECONOMICS

    New world order of gas and finance

    • David James
    • 15 December 2015
    3 Comments

    In the early 1990s, America, Europe and Japan accounted for about 90 per cent of world GDP. Now, they account for less than half. The BRICs and other developing nations have grown steadily (in China's case spectacularly) while Europe has stagnated and America has sputtered at best. Recent developments in the geopolitics of fossil fuels and in finance confirm the perception that the rise of China and the developing world spells the end of US global hegemony. Against this backdrop, the narrative of the West has grown increasingly incoherent.

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  • AUSTRALIA

    A Human Rights Day tribute to the Northern Territory's Tony Fitzgerald

    • Frank Brennan
    • 10 December 2015

    I first met this Tony on my regular visits here to Darwin when he was working at the North Australian Aboriginal Legal Aid Service and then when he set up the mediation services under the auspices of Anglicare. In later years I knew him when he was your Anti-Discrimination Commissioner. He was a quiet, considered, gentle, strong and principled man. On Human Rights Day, it is only fitting that I honour Tony by offering some reflections on the architecture for human rights in Australia, on the contemporary human rights controversies, and on the way forward for better protection of the human rights of Aborigines and asylum seekers, two marginalised groups who had a special claim on Tony's sympathies.

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  • RELIGION

    Discerning the place for the churches in the great moral questions of the age

    • Frank Brennan
    • 27 November 2015
    2 Comments

    'The crisis of child sexual abuse in our societies has required that our institutional procedures be more transparent and that we learn from the ways of the world in exercising power openly and justly. This means we have to restructure some of our church arrangements so that power is exercised accountably and transparently. All of us who have positions of influence and power in institutional churches need to be attentive to the voices of those who have suffered within our institutions.' 'Discerning the place for the prophetic voice and pragmatic cooperation of the churches in the great moral questions of the age', address to the Association of Practical Theology in Oceania conference, 26 November 2015.

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  • AUSTRALIA

    The normalisation of lying in Australian politics

    • John Warhurst
    • 06 July 2015
    18 Comments

    The terms 'lie' and 'liar' have become so completely devalued that there are now far worse sins in modern politics. That is why it's hard to get excited about Opposition Leader Bill Shorten choosing to lie on air to Neil Mitchell about his involvement in discussions with Kevin Rudd to unseat Julia Gillard as Prime Minister.

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  • ECONOMICS

    The IMF has failed Greece

    • David James
    • 01 July 2015
    6 Comments

    International Monetary Fund prescriptions have a long history of failing, and countries that ignore them are often the ones that do surprisingly well. Few have been asked to be more servile than the Greeks. When the IMF came in with what is amusingly referred to as its austerity 'plan', the Greek economy was expected to grow at over 2 per cent. After the 'plan' had taken effect, the country’s economy had shrunk by a quarter.

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  • ECONOMICS

    Ukraine conflict heightens global economic split

    • David James
    • 28 April 2015
    2 Comments

    The conflict in the Ukraine has attracted a great deal of attention for its geo-strategic implications. Less noticed have been the economic implications. The sanctions placed on Russia have forced Russia to become even closer to China, and the alliance between a military superpower and an economic superpower is beginning to split the global economy in two. It may come to represent the biggest geo-economic and geo-political shift of the first half of this century, defining much of the future landscape.

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  • AUSTRALIA

    Uncle Kevin's letters home from the war

    • Kerry Murphy
    • 24 April 2015
    3 Comments

    I never met my uncle Kevin, who was killed on 9 February 1942 in Singapore. However we were fortunate to have a collection of his letters home from Malaya and reading his letters gives a brief glimpse into his life at war. His final signoff to my grandmother was: 'We’ve still to get our first shock yet but after the first few enemy "bangs" I guess there will be nothing to it.'

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