Keywords: Cia
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ECONOMICS
- 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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INFORMATION
Eureka Street was named Publication of the Year at the 2021 Australasian Religious Press Association Awards, with the judges citing its 'authenticity of voice and fidelity to the Gospel'. They said Eureka Street was 'grounded in the social teachings of the Catholic Church, it addresses issues both national and international, and gives readers access to some of Australia's best public intellectuals.'
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AUSTRALIA
- Andrew Hamilton
- 02 September 2021
11 Comments
As restrictions drag on and the number of infections rises, more Australians are asking when lockdowns can cease. Federal politicians and business leaders have argued the case for a quick ending while claiming the authority of scientists. Science being science, the relevant questions have been tied to numbers. They have asked: how few cases should there be in the community before leaving lockdown? What percentage of the community must be vaccinated before the lifting of restrictions? What number of deaths should be tolerated for the gains of opening the economy? And when precisely should the opening of Australia take place?
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ARTS AND CULTURE
- Michael McGirr
- 02 September 2021
15 Comments
There is a curious world called LinkedIn, a social media site for people trying to nurture their careers. The problem with it is that the participants are expected to take themselves more seriously than they might in what we used to call real life. LinkedIn has a culture of self-importance that cracks me up every time. There is nothing quite as funny as utter humourlessness.
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ECONOMICS
- Chris Smith
- 31 August 2021
11 Comments
In July, Anthony Albanese announced a significant change of stance on Labor tax policy which was disappointing, if not surprising. An elected Labor government, Albanese promised, would keep the coming high income tax cuts he previously opposed. This decision to not oppose the government proposal to restructure the income tax system through reduced marginal rates is supporting a government policy that will lead to a significant redistribution of wealth towards high income earners.
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RELIGION
- John Warhurst
- 26 August 2021
25 Comments
Those of us who are members of the Plenary Council are now strapped in for what looks likely to be an uncertain ride. Some members, having concluded their initial formal formation and training, are now meeting in officially organised discussion sessions to build up their preparation for the first assembly which is now just over a month away.
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AUSTRALIA
- Paul Cutler
- 24 August 2021
21 Comments
I believe in the rule of law and I appreciate that the proper application of the law does not always produce a fair or popular result. I also believe that Australia's refugee policy is too harsh and deeply flawed. However, that policy is bipartisan and appears to be inexplicably popular. The same 'fortress Australia' mentality is evident in our efforts to contain Covid-19.
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INTERNATIONAL
- Binoy Kampmark
- 24 August 2021
10 Comments
The New York Times editorial on 15 August was all about tragedy in describing the fall of Kabul to the Taliban. ‘Tragic because the American dream of being the “indispensable nation” in shaping a world where the values of civil rights, women’s empowerment and religious tolerance rule proved to be just that: a dream.’
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ARTS AND CULTURE
- 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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RELIGION
- Andrew Hamilton
- 19 August 2021
11 Comments
Last week the annual Catholic Social Justice Statement was launched. Entitled Cry of the Earth, Cry of the Poor, its theme is care for the environment. In the same week the authoritative Intergovernmental Panel on Climate Change (IPCC) Report warned of the need for immediate and radical effort to minimise emissions and of the likely effects of their existing growth.
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AUSTRALIA
- Barry Gittins
- 17 August 2021
10 Comments
In his 83 years, social psychologist, researcher and author Hugh Mackay has seen the sun rise and set on regimes, ideologies, cults, fads, movements and manias. He has also seen language used to clarify and build common ground, or to confuse and demoralise. One constant throughout these years has been his fascination with how human beings treat each other and their planet, and why.
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RELIGION
- Andrew Hamilton
- 12 August 2021
66 Comments
Among Australian Catholics the Plenary Council and the preparations for the Synod in Rome on Synodality have aroused hope and stirred scepticism. It is clear that a Church diminishing in numbers of participants in its public life and in its financial resources, and discouraged by the extent of child abuse by its officers, must find new ways. But that the processes of the Council and the Synod will spark fresh energy for change is not a given.
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