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Keywords: Currency

  • AUSTRALIA

    Too little law in Newman's Queensland

    • Frank Brennan
    • 24 February 2014
    5 Comments

    'Three decades on, Queensland once again has a premier who finds some political advantage in skewing the balance between law and order, impugning the integrity and vocation of the legal profession. He has described defence lawyers as hired guns.' Professor Frank Brennan SJ addresses the Queensland Law Society Dinner, 30 years on from his book Too Much Order with Too Little Law.

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  • AUSTRALIA

    Advancing human rights in the market

    • Frank Brennan
    • 11 February 2014
    1 Comment

    'The market for disability services will need to be underpinned with a strong and robust internal risk management framework. There will be an increasing number of for-profit operators in the sector. Hopefully the not-for-profit operators will make the necessary adaptations competing in the market and providing the ethos for the market to deliver services in a dignified, fair and transparent manner.' Frank Brennan's Leading the Way Seminar for the National Disability Service

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  • ECONOMICS

    Deciphering capitalism's corrupt metaphors

    • David James
    • 07 February 2014
    15 Comments

    'All animals are equal, but some animals are more equal than others'. This was George Orwell's parody in Animal Farm of the vicious use of language in communist states. It was one of his memorable depictions of how the absurdities of language not only reflect evil, but also predicate it. Language was a tool of oppression in communist states. In capitalism it is no less vicious.

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  • MARGARET DOOLEY AWARD

    Best of 2013: Slow down, you're just in time

    • Megan Graham
    • 08 January 2014
    1 Comment

    At a certain point, emotional and mental overstimulation leads to a sort of emotional numbness, as the brain and central nervous system can only respond to so much. With enough dopamine hits from 'likes' on Facebook, and adrenalin spikes from sensationalised news stories, one's emotions can become blunted. That is, with the notable exception of general irritability borne of expecting one's real life to be as fast-paced as one's online one.

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  • ECONOMICS

    Dollar bulletproofs US economy

    • David James
    • 04 October 2013
    1 Comment

    America is fond of claiming exceptionalism, which is usually little more than an indication of its attitude to moral accountability. But in one area America definitely is exceptional: the global currency markets. There is no risk of the market for American dollars drying up, which means that a default by the American government is, while significant, not especially relevant to what happens with the global trade in US dollars.

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  • MARGARET DOOLEY AWARD

    Slow down, you're just in time

    • Megan Graham
    • 11 September 2013
    6 Comments

    At a certain point, emotional and mental overstimulation leads to a sort of emotional numbness, as the brain and central nervous system can only respond to so much. With enough dopamine hits from 'likes' on Facebook, and adrenalin spikes from sensationalised news stories, one's emotions can become blunted. That is, with the notable exception of general irritability borne of expecting one's real life to be as fast-paced as one's online one.

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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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  • INTERNATIONAL

    Civil liberties in a grave new world

    • Bill Calcutt
    • 09 August 2013
    1 Comment

    Since the turn of the millennium several major technology-enabled developments have significantly altered the balance between national security and civil liberties. In Australia, the hyper-politicisation of national security finds voice in the discourse on the issue of border security, turning a complex humanitarian and policing challenge (asylum seekers arriving by sea) into an enormously controversial and expensive imbroglio.

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  • INTERNATIONAL

    Australia's human dumping ground Nauru

    • Walter Hamilton
    • 07 August 2013
    13 Comments

    Welcome to Nauru. Land area: 21 square kilometres. Permanent population: around 10,000. Chief economic activity: human dumping ground. Nauru has joined PNG in the Cohort of the Willing — willing, that is, to take dollops of Australian money to hide away an Australian problem. Substitute 'asylum seekers' for 'convicts' and it recalls the way Australia was used by Great Britain in the 18th century to dispose of a British problem.

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  • ECONOMICS

    Aussie dollar falls to fast money folly

    • David James
    • 03 July 2013
    4 Comments

    A currency's value is supposed to represent the state of the country's underlying economy. Yet very little changed about the Australian economy during a week in which the value of the dollar was substantially altered. It is a small instance of how rapidly change occurs in currency markets, sometimes to devastating effect, and another reason why the capital markets are ruling rather than serving.

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  • AUSTRALIA

    Canberra's life of lies

    • Walter Hamilton
    • 02 July 2013
    9 Comments

    Kevin Rudd says he wants to purify politics, and make it kinder and more honest. And yet his own standards when it comes to telling the truth are at least as rubbery as Tony Abbott's. Politicians who tell us they are acting for the higher good or that their brand of dishonesty is less egregious than that of their opponents are deluded and dangerous.

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  • ECONOMICS

    How financial devils came to rule the universe

    • David James
    • 05 June 2013
    7 Comments

    Religious authorities may not spend a lot of time pondering the nature of global financial systems, but the Pope's recent comment that 'money has to serve, not rule' suggests it can be useful when they do. Given scope to become rule makers, rather than just people who know how to exploit the rules, financiers have moved themselves to a position of mastery.

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