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Keywords: Savings

  • AUSTRALIA

    Down to The Wire: How SIBs can save social programs

    • Gabriela D'Souza
    • 02 March 2016
    5 Comments

    Social impact bonds are a type of impact investing: investing for results. A community service provider who wants to pilot or scale up an existing program can use SIBs to finance their projects. A bond issuer makes the SIBs available to private investors, who will receive the principal with interest if the program attains a predetermined success rate. While modified versions of this model are being trialled in NSW, the heartbreaking fourth season of HBO's The Wire sheds light on how they might work.

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  • AUSTRALIA

    Cuts leave two-parent families in the cold

    • Marcelle Mogg
    • 17 December 2015
    9 Comments

    Children in two-parent families don't deserve government support. That's the message the government sent last month when they passed legislation to cut family payments for two-parent families, while other families still get cash payments. One of the problems with recent policies is they increasingly see families as part of the market rather than fundamental building blocks of our communities that need to be supported. Families and communities are in fact undermined by the market.

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  • ARTS AND CULTURE

    Ode to the demise of hard rubbish

    • Sally Cloke
    • 23 September 2015
    11 Comments

    Our local council has announced the end of hard rubbish. As an adult, my enthusiasm for what the council calls 'scavenging' has become the source of many beautiful and useful items. But my objections are philosophical as well as practical. Ugliness has its place, and at clean out time, we literally bring to our doorsteps what we would rather put of sight and mind. Hard rubbish symbolises the costs of our throw-away consumer society while going a small way towards recouping some of them.

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  • ECONOMICS

    Chinese economy a work in progress

    • David James
    • 14 September 2015
    1 Comment

    The recent ructions in the Chinese stock market set off great consternation in global financial markets, but for the most part this was a display of ignorance. One of the reasons China’s influence on global markets has been so beneficial, since at least 2007, is that its economy and financial markets are so different.

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  • ECONOMICS

    Rich retirees may need the aged pension

    • David James
    • 31 July 2015
    6 Comments

    There has been great pressure on both of the major political parties to stop giving so-called rich retirees partial pension income. The conventional view has become that retired millionaires should not be feeding off the public teat. But in terms of income, many of those 'rich retirees' would actually be better off on the pension.

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  • AUSTRALIA

    Intimidated ABC embraces self-censorship

    • Fatima Measham
    • 07 July 2015
    17 Comments

    Nine days after the Zacky Mallah Q&A episode, the ABC Board said it had censured the program's executive producer. It could have been a failure of the producer's editorial judgment, but there is a worrying sense that it was really a matter of the ABC appeasing the Government. There is a chilling echo of the Philippine media under the late dictator Ferdinand Marcos. The media came to anticipate direct interventions from Malacañang Palace; eventually, none had to be made.

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  • AUSTRALIA

    Justice delayed is justice denied for intellectually disabled workers

    • Matthew Dimmock
    • 16 June 2015
    7 Comments

    Of all the vulnerable groups in Australia today, people with intellectual disability are surely up there with the most vulnerable and susceptible to abuse and exploitation. They are paid as low as 99 cents per hour. The Human Rights Commission has granted the Federal Government's request to delay reform for a further four months because the government says the the ending of discrimination must proceed in an 'orderly manner...to provide reassurance'.

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  • AUSTRALIA

    Quake forces Nepalis to walk on water

    • Angela Ford
    • 02 June 2015
    2 Comments

    As a kiwi I had grown up with earthquakes. I remember them large, small and intrusive. Awed by their power, I cherished the still that followed. This is what made Nepal’s second major earthquake so different for me. I will never forget the beginning of the 7.3-magnitude quake, but will never recall the end.

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  • AUSTRALIA

    PM's super pitch needs solid policy foundation

    • Michael Mullins
    • 25 May 2015
    1 Comment

    Tony Abbott has warned voters that Bill Shorten has his eye on their retirement savings. He once praised the Nationals' Barnaby Joyce as a 'uniquely gifted retail politician'. But more attention to wholesaling - i.e. policy resources - would help to get both pensions and super concessions on to a more sustainable footing.

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  • AUSTRALIA

    Federal Budget a lost opportunity

    • Marcelle Mogg
    • 13 May 2015
    8 Comments

    Is this the Budget you have when you're not having a Budget? The most remarkable thing about this Budget, in contrast with Prime Minister Abbott's promise of a fair Budget, is that so much of it relies on the re-election of a Coalition Government in 2016. Is it fair to make vulnerable Australians wait that long?

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  • AUSTRALIA

    Budget must move beyond political fetish

    • Fatima Measham
    • 12 May 2015
    3 Comments

    The practice of presenting the budget to parliament came out of a crisis. In 1733,  British Prime Minister Robert Walpole's announced plan to impose an excise tax on wine and tobacco was met with outrage. It reflects the reality that budget presentation did not start out as a neutral exercise in transparency but rather a mishandled piece of political communication.

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  • AUSTRALIA

    How super hurts the poor and middle income earners

    • Brian Toohey
    • 27 March 2015
    6 Comments

    Although the age pension will cost about $49 billion in 2017-18, it is means tested. In contrast, superannuation concessions are heavily biased in favour of high income earners. Both sides of politics pander to the wealthy and the cosseted finance sector, which want certainty that nothing will stand in the way of their super bonanza.

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