keywords: Debt
There are more than 200 results, only the first 200 are displayed here.
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RELIGION
- Frank Brennan
- 03 July 2017
There is no point in proceeding with a referendum on a question which fails to win the approval of you, the First Australians. Neither is there any point in proceeding with a referendum which is unlikely to win the approval of the overwhelming majority of the voting public, regardless of when they or their ancestors first arrived in Australia. Given that you Indigenous Australians have spoken strongly through your representatives at Uluru in support of a First Nations Voice, it is now for the Referendum Council to recommend to government a timetable for constitutional change with maximum prospects of a 'Yes' vote.
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ECONOMICS
One of the more interesting recent developments in finance has been the creation of Bitcoin and other crypto-currencies. They are being touted as a revolution in how we think and use money. Alternately, there are many who want to go in the opposite direction, back to the gold standard. Both sides have a common enemy: money whose value is determined by government dictate. Allowing governments to dictate in this way, they argue, is the core of the problem. To a significant extent, they are wrong.
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RELIGION
- Frank Brennan
- 15 May 2017
The reconciliation of this vertical relationship is possible only through the mediation of Jesus who embodies, lives and dies the reality of this reconciliation. He puts us right with our God and thereby establishes the basis for right relationship with each other. In many countries such as Australia, Timor Leste and South Africa, the public rhetoric and programs for reconciliation have, at least in part, been informed and underpinned by this theological perspective.
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ECONOMICS
The $6.2 billion the government will raise through a levy on bank liabilities not only shows how out of favour banks have become, it is also, in effect, a de facto tax on property lending - a counterbalance to negative gearing and capital gains tax breaks. It is a tax on property lending because nearly all the banks' loans are mortgages for housing, or business loans secured with property. Of course the banks will pass the extra cost on to their customers, so it becomes a tax on borrowers.
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RELIGION
- 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
- 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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INTERNATIONAL
- Binoy Kampmark
- 03 May 2017
14 Comments
For various reasons, 'free' education in Australia has been qualified by HECS, which actually serves to wedge the liquid incentive of government and educational institutions on the one hand with the need for students to obtain affordable education on the other. Even that balance is now under threat, with a pre-budget announcement suggesting cuts to university funding and increasing costs to student degrees are in the offing. Universities are far from blameless in the present distorted funding model.
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AUSTRALIA
- Tim Robertson
- 20 April 2017
13 Comments
One of the challenges for progressive parties is to look beyond the existing neoliberal framework for solutions to the current malaise. Labor is so steeped in neoliberal orthodoxy that, even if it was willing to evolve, it's likely incapable of doing so. And while much of the intellectual heavy lifting in forming a picture of what a post-neoliberal future may look like will be done outside organised politics, Labor remains completely unengaged with almost all of these debates.
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AUSTRALIA
- 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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AUSTRALIA
- Kate Galloway
- 20 March 2017
17 Comments
ACTU secretary Sally McManus' comments about the rule of law have sparked a lot of chatter on news and social media. While the rule of law arguably does assume citizens will obey the law, it also assumes government will behave lawfully. Further, it might be argued that the rule of law encompasses the principled application of government power. In this respect, the Australian government is itself falling well below adhering to the rule of law. I offer Centrelink #notmydebt as a case study.
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ECONOMICS
- David James
- 07 March 2017
17 Comments
Witnessing the debate over Sunday penalty rates, an intriguing pattern of thinking emerged. It can be characterised as a microcosm/macrocosm duality. Those arguing for lower Sunday wage rates demonstrate their case by talking about individual businesses, the micro approach: 'Many businesses would love to open on a Sunday and if wage rates were lower, they would. Unleash those businesses and greater employment will follow.' Superficially impressive, this does not survive much scrutiny.
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RELIGION
- Bill Wright
- 06 March 2017
4 Comments
Speaking of reform in the church can mean many things. Often it's about practical matters: sorting out the Vatican Bank, changing how bishops are chosen or clergy trained; that sort of thing. Occasionally, however, reform is about seeking real religious change. Martin Luther, I want to suggest, is one of those reformers who was not concerned with tinkering with structures of the church but with reforming the Christian message so that it might reform the believer.
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