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Keywords: Stock Market

  • ECONOMICS

    Banksters' deadly game of Sheldon's three-person chess

    • David James
    • 01 May 2013
    3 Comments

    In The Big Bang Theory Sheldon invents a game of chess which 'utilises a three-sided board with transitional quadrilateral-to-triangular tessellation to solve the balanced centre combat-area problem'. This gobbledegook sounds suspiciously similar to the application of mathematical models to financial securities in derivatives markets.

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  • ECONOMICS

    Big business twists tax truth

    • David James
    • 27 March 2013
    2 Comments

    Australia's business lobbies are fond of complaining that company tax is too high. Lower it, they argue, and the economy would become more dynamic and everyone would benefit. The reality isn't that simple. The combination of Australia's dividend imputation system and the compulsory super scheme greatly benefit Australia's big companies.

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  • ECONOMICS

    Don't bet on the Australian dollar

    • David James
    • 08 February 2013
    4 Comments

    This week the Australian dollar reached its lowest point in three months. Tangible factors such as interest rates and trade with China influence its strength. But what really determines the direction of our currency is the whim of the currency traders. In that sense, the Aussie is is arguably the most 'unreal', or virtual currency in the world.

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  • AUSTRALIA

    Coal mining, civil disobedience and the public good

    • Michael Mullins
    • 14 January 2013
    11 Comments

    Fake ANZ media release activist Jonathan Moylan did the wrong thing in undermining public confidence in the share trading system. But he would not have seen the need to act if governments and the coal industry were acting with integrity and in the public interest.

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  • ECONOMICS

    Debunking the global financial con job

    • David James
    • 12 November 2012
    12 Comments

    Even after the most dangerous financial crises ever seen, finance industry lobbyists still argue that the sector should not be too heavily regulated as that would be counterproductive. This is nonsense. Money is rules. It is a question of who sets the rules and what kind of rules they should should be.

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  • ECONOMICS

    Australia's pension fund perversion

    • David James
    • 03 October 2012
    7 Comments

    The demise of Gunns, Tasmania's biggest paper and pulp mill, has been greeted as a triumph of environmentalists over business. The saga encompasses much more than that. It poses some deep questions about ownership and accountability in Australia's financial system which are yet to be answered persuasively.

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  • ARTS AND CULTURE

    Drowning rats of Wall Street

    • Tim Kroenert
    • 02 August 2012

    Eric Packer is 'the one per cent', who stoically discusses economics with his chief advisor even as an anti-capitalist protest broils outside his limousine; Occupy reimagined as animal anarchy, with protestors yielding spray-paint and dead rats; 'the 99 per cent' of the besieged city raging to reassert their worth.

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  • RELIGION

    Titanic lessons in the age of swagger

    • Andrew Hamilton
    • 13 April 2012
    9 Comments

    The Titanic has become the symbol of the end of a swaggering era marked by great self-confidence and belief in inevitable progress. It suggests that whenever swagger begins to walk the streets it is time to head for the lifeboats. We find it hard to apply this lesson to the circumstances of our own times.

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  • AUSTRALIA

    Britain's riots and the new financial crisis

    • Michael Kelly
    • 11 August 2011
    5 Comments

    London is burning. Throughout the rest of the world, stock markets are tumbling at a rate not seen since the 2008 global financial crisis. Unemployment in the US and parts of Europe is high and refuses to come down. What we are seeing in Britain could be just the beginning.

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  • MARGARET DOOLEY AWARD

    Being humanistic about fish

    • Susie Byers
    • 20 October 2010
    2 Comments

    Harry Wetnose the Bigeye Tuna will probably never adorn any T-shirts. Nevertheless, the endangered Bigeye Tuna is in big trouble and could do with some help. The way we relate to fish raises some important questions about what it is to be a responsible person in the world.

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  • ARTS AND CULTURE

    Stockbrokers with souls

    • Tim Kroenert
    • 30 September 2010
    1 Comment

    The financial crisis threatens to engulf them. But Money Never Sleeps is less interested in financial wheeling and dealing than the ways in which the lunges and plunges of the market impact upon the characters' lives and relationships.

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  • ARTS AND CULTURE

    The heroes and villains of Michael Moore's world

    • TIm Kroenert
    • 12 November 2009
    9 Comments

    Michael Moore makes documentaries only in the sense that Today Tonight does investigative journalism. That's not to say he doesn't land a few well-deserving kicks while he's at it.

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