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Keywords: Bonds

  • AUSTRALIA

    Betting on the future of Australia’s gambling addiction

    • Frank Hurley
    • 24 February 2022
    1 Comment

    Gambling is now a core national industry providing significant employment, profit for private providers and revenue for governments. All good but, as with every form of industry, there are ‘externalities’. In the case of the gambling industry, it is the personal and social costs of ‘problem’ or ‘addicted’ gamblers that must be taken into account. 

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  • AUSTRALIA

    Inequality in a time of pandemic

    • Tim Dunlop
    • 15 November 2021
    5 Comments

    The experience of the Covid-19 pandemic has been like the aerosol used in those heist movies, where the cat burglar breaks into the museum and sprays the air to reveal the invisible lines of power that criss-cross the space between the door and cabinet where the treasure is kept.  

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  • ECONOMICS

    A strange financial circus

    • David James
    • 12 October 2021
    3 Comments

    Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress. 

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  • ARTS AND CULTURE

    Observing October

    • Barry Gittins
    • 11 October 2021
    3 Comments

    I have decided to observe October as a month to observe other people observing things. For me, there was a sense of self crumbling under the weight of being house arrested for the good of all. Gravitas, like gravity, can be crushing; I knew I needed a break from howling at the Moon (16 October is the ‘international observe the Moon night’). So to the calendar I turned.

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  • RELIGION

    Valuing human life

    • Andrew Hamilton
    • 09 September 2021
    23 Comments

    In recent weeks the value of human life has become a topic of public conversation in different contexts. Proposed legislation on abortion and assisted dying has continued to focus attention on it. Debate about loosening COVID restrictions has also balanced the risk of death from the disease with risks to health and economic welfare from lockdowns. In Afghanistan the victory of the Taliban has again raised questions about the morality of the war and the killing involved by both sides.

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  • ECONOMICS

    The battle for the future of money

    • David James
    • 07 September 2021
    4 Comments

    There is a three-way battle looming over the future of money and the stakes could scarcely be higher. Conventional money, mainly debt created by banks — the ‘folding stuff’ is only a tiny proportion of the total — is in trouble. Total global debt is now so large relative to the world economy it cannot be serviced, which is why monetary authorities have resorted to dropping interest rates. When they almost hit zero, the next step was quantitative easing (QE): printing money by getting the central bank to buy back government and corporate bonds and putting them on its ‘balance sheet’. 

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  • ARTS AND CULTURE

    The matter of trust

    • Gillian Bouras
    • 19 August 2021
    10 Comments

    My son’s Athenian flat was burgled last month. I had been visiting Athens for the first time in more than a year, and so was with the family when they arrived back, after a fairly brief evening absence, to sheer chaos. Anybody who has had this experience will be able to picture the scene: every drawer and cupboard had been opened, with the contents spilled and strewn everywhere. Even the loft had been checked.

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  • ECONOMICS

    Why inflation isn't higher

    • David James
    • 12 August 2021
    4 Comments

    The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.

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  • AUSTRALIA

    Why has the anti-euthanasia case been so unsuccessful?

    • Margaret Somerville
    • 03 June 2021
    80 Comments

    The case against euthanasia is much more difficult to promote, not because it is weak — it is not — but because it is much more complex.

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  • AUSTRALIA

    Questioning the wisdom of legalising euthanasia

    • Margaret Somerville
    • 03 June 2021
    9 Comments

    No one on either side of the debate wants to see people suffer and the euthanasia debate is not about if we will die — we all will at some point. The debate is about how we will die and whether some ways of dying, namely euthanasia, are unethical and dangerous, especially to vulnerable and fragile people, and destructive of important shared values on which we base our societies.

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  • ENVIRONMENT

    Lawsuits over climate crisis risk

    • Binoy Kampmark
    • 30 July 2020
    2 Comments

    On July 22, Katta O'Donnell filed an action in the Federal Court in Victoria hoping to make good her promise to put the government on trial for ‘misconduct’. The action notes that, ‘At all material times there has existed a significant likelihood that the climate is changing, and will continue to change, as the result of anthropogenic influences.’ Australia was ‘materially exposed and susceptible’ to the risks posed by climate change.

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  • ARTS AND CULTURE

    Year of the mask

    • Andrew Hamilton
    • 18 June 2020
    5 Comments

    2020 has been the year of the mask. The masks worn during the smoke of bushfires, during the threat of COVID-19, and during the Black Lives Matter protests. Masks are a powerful and complex symbol.

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