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Keywords: Savings

  • RELIGION

    Finding meaning in a chaotic/changing world

    • Frank Brennan
    • 08 May 2017
    1 Comment

    Our Church is presently a strained, outdated social institution with an exclusively male hierarchy and clergy. But it is also the privileged locus for us to be called to the banquet of the Lord sharing theology and sacrament which have sustained the hearts and minds of similar pilgrims for two millennia. Thank God for Pope Francis who is showing us the way, helping us to find meaning in our changing and chaotic world, putting a fresh spring in the step of all those Catholics holding in tension the prophetic and the practical, the theological and the humanist, the tradition and the contemporary reality.

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  • AUSTRALIA

    Seeking a fair go on budget night

    • Frank Brennan
    • 07 May 2017
    7 Comments

    Part of the cost of the double dissolution election last July has been the creation of a Senate with the largest, most diverse group of crossbenchers ever. This will make the passage of any new contested Budget measures difficult, particularly given the Prime Minister’s vulnerability on his right flank, and the Labor Party's propensity to mimic the Opposition tactics adopted previously by Tony Abbott. The government needs to create a clear narrative as to how it will achieve equitable and sustainable growth through this Budget.

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  • AUSTRALIA

    Not such a super way to buy your first home

    • Francine Crimmins
    • 14 April 2017
    15 Comments

    As a millennial, I frequently find myself being told to stop complaining about housing affordability. It's all about working harder, saving more and, for goodness' sake, keeping off the avocado. As a young person, I'm concerned about using super, a system which was put aside for our economic welfare in retirement, as a savings account for instant gratification. The government is trying to solve the housing crisis not through direct action, but by encouraging young people into lifelong debt.

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  • INTERNATIONAL

    Bread and circuses in modern Australia and America

    • Julie Davies
    • 24 January 2017
    11 Comments

    I can understand the Trump phenomenon. Hard-working Americans and many Australians are blaming various minorities as responsible for their decline. They are being blinded to the real culprits: our own governments and their wealthy backers. Juvenal's 'bread and circuses', designed to keep the people docile and distracted in Ancient Rome, have been updated to Maccas and manufactured news. And hatred. Are we so easily manipulated? Is the American model the future Australia wants for itself?

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  • AUSTRALIA

    Market thinking is not the way to improve prison education

    • Tony Smith
    • 13 January 2017
    4 Comments

    If the argument about sacking specialist education officers for NSW prisons holds, then perhaps it should be applied to schools. Sacking all permanent teachers and throwing all lessons across the state open to tender should improve educational outcomes. The absurdity of such a suggestion should be obvious. If the government is serious about improving prison education, it should work with the experienced teachers to make those improvements.

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  • AUSTRALIA

    Bond notes bode ill for Zimbabwe's currency calamity

    • Tariro Ndoro
    • 07 December 2016
    2 Comments

    Last week, the much dreaded bond notes were released into the economy, in a move hoped to alleviate the cash crisis. Most citizens are negative about the move, with good reason - the last time Zimbabwe had its own currency was 2009, when inflation was so high the currency had to be dropped to salvage the economy. Most Zimbabweans remember that time well: every other month citizens had to drive to Botswana to put food on the table because the country's own shops were empty.

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  • RELIGION

    From Caracas to Rome: The story of Arturo Sosa

    • 07 November 2016
    1 Comment

    Two days after his election, the communications team of General Congregation 36 sat down with Father General Arturo Sosa to discuss his life and thought. The conversation introduces the new Superior General in a way that is more personal, to Jesuits and the wider Ignatian family around the world.

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  • AUSTRALIA

    Vulnerable people must be at the heart of welfare reforms

    • Andrew Hamilton
    • 28 September 2016
    8 Comments

    There is much to welcome in the ideals spruiked in Minister Porter's proposed welfare reforms. Who could fail to be delighted if people are helped to support themselves, and the welfare bill is reduced as people no longer need support? The question left hanging is what drives these changes. Is the human welfare of our fellow Australians the goal towards which the budgetary changes are a means? Or are budgetary savings the goal to which the treatment of our fellow Australians will be a means?

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  • AUSTRALIA

    There's nothing fair about Australia's tax on sickness

    • Tim Woodruff
    • 24 June 2016
    6 Comments

    My patients who earn $36,000 a year pay $36 for most prescriptions. My patients who earn $360,000 pay the same, and those on $3 billion pay the same. Usually, these prescriptions are for conditions which can't be avoided - it's just bad luck. This government imposed co-payment is a tax on illness. It is not noticed by those on $360,000 but for those struggling on $36,000, it does affect their small disposable incomes. It is a regressive tax, and its effect on patient behaviour is well documented.

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  • ENVIRONMENT

    Is your super doing dirty work?

    • Thea Ormerod
    • 21 June 2016
    4 Comments

    An accelerating number of institutions and individuals are moving their money out of planet-heating fossil fuels and into climate solutions. The total assets guided by some form of divestment policy was $3.4 trillion at 2 December last year, 50 times more than what was up for divestment 12 months earlier. It sounds like a lot, but it's a small amount compared to the $100 trillion-plus invested in the usual way. That's our money, in banks and super funds, managed funds and insurance companies.

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  • 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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  • INTERNATIONAL

    Sanders preaches progress, but Clinton embodies it

    • Megan Graham
    • 11 March 2016
    11 Comments

    Even if his views and rhetoric are radical, everything else about Sanders is so within our comfort zones that they become more palatable. It's difficult for any progressive to get into power without aligning with powerful groups, whether they be politics, class, culture or gender-based. And Clinton is already disqualified from a club with arguably the most stubborn membership of all - the 'boys club'. For any feminist, it's hard to view the installation of the first female president as anything but progressive.

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