Keywords: Finance
There are more than 200 results, only the first 200 are displayed here.
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INTERNATIONAL
- Tim Mayfield
- 15 October 2014
11 Comments
Actor Ben Affleck was only partly right in his recent take-down of conservative US pundits Bill Maher and Sam Harris for their perceived 'Islamaphobia'. The reality is that there is a battle for the heart and soul of Islam that has been playing out around the globe since the 60s and 70s. It is therefore only natural that an ideology that rejects the failed colonial paradigm of nation-states and instead promotes the grand vision of a resurrected caliphate is compelling to many.
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ECONOMICS
- David James
- 13 October 2014
7 Comments
Federal Finance Minister Mathias Cormann announced 'the scoping study found no evidence that premiums would increase as a result of the sale' of Medibank Private. But the sale is being presented as a way to make the fund more efficient. If successful, Medibank Private will become even more dominant than it is at present and there will be pressure to raise premiums to achieve its purpose of keeping shareholders happy.
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INTERNATIONAL
- Binoy Kampmark
- 05 September 2014
4 Comments
A debate about arming, and reinforcing the Kurds, is not an open and shut case. European powers and the United States draw the false distinction that there are good Islamic militants and bad ones, with the bad ones supposedly against the Western military program. The game of backing and supporting misunderstood – and dangerous – groups persists.
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RELIGION
- Frank Brennan
- 23 July 2014
1 Comment
'Rohan provides a detailed and accurate analysis and history of the word games that have gone on between the Vatican and the Latin American bishops and theologians wrestling with the concept of the preferential option for the poor.' Frank Brennan launches The Preferential Option for the Poor: A Short History and a Reading Based on the Thought of Bernard Lonergan, by Rohan Michael Curnow.
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ECONOMICS
As the Pope and economist Thomas Pikkety have observed in recent times, the inequity created by capitalism is a growing concern. But the problem with this argument is that 'capitalism' is too broad a term. The attack would be far better directed against the financialisation of developed economies. A new type of sovereign has emerged, and like all rulers they are cheerfully engaging in acts of plunder.
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AUSTRALIA
- Paul O'Callaghan
- 20 June 2014
3 Comments
Pope Francis and Julie Bishop both spoke this week, with passion and within days of each other, about how to address poverty in the world's poorest countries. Bishop launched a framework of new performance benchmarks, and her desire to improve accountability and transparency in Australia's aid program is to be commended. Hopefully the framework holds the voices of the poor and marginalised at its centre.
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ECONOMICS
- Brian Toohey
- 11 June 2014
15 Comments
The superannuation industry inhabits a cosseted world in which the money pours in thanks to a combination of government compulsion and tax concessions. The foundations of this empire are criticised for how the tax concessions create an expensive form of upper class welfare, and for the harmful effect of compulsory super's artificial expansion of the finance sector. The Abbott Government shows scant concern about either aspect.
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RELIGION
- Michael Kelly
- 27 May 2014
3 Comments
When I first proposed what was to become Jesuit Communications, the organisation that now publishes Eureka Street, Julian Slatterie was the first to respond. 'Now Michael,' he said. 'This proposal rests on five assumptions and three presuppositions and if any of them is voided, the project is likely to fail.' He answered that hesitation with 25 years membership of the board. Julian died suddenly of a heart attack last Tuesday.
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ECONOMICS
The 2014 Federal Budget has created a new hierarchy of virtue in Australian society, with well off investors deemed to be good and the disadvantaged bad. It is not so much class war as a war between capital and the rest of society. Those wielding significant capital are useful, while those who can save little, and have little to invest, are considered a burden.
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AUSTRALIA
- John Warhurst
- 09 May 2014
9 Comments
The Independent Commission against Corruption in New South Wales continues to provide stunning insights into the compromised relationship between the major political parties and government in that state. It has moved on from Labor to the Liberal party and from political lobbying to political donations. But the essence of the story remains the same. Casual self-interest reigns, and the culture of political life at the top-end is corrupted.
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ECONOMICS
- David James
- 26 March 2014
6 Comments
Removing the requirement that financial advisers act in the best interest of their clients will reveal financial advisers for what they really are: salespeople for the banks' wealth management platforms. Tony Abbott argues that the changes will remove 'red tape' and declaimed: 'We're creating the biggest bonfire of regulations in our country's history.' This is a duplicitous use of language that misunderstands how the finance sector works.
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ENVIRONMENT
- Thea Ormerod
- 19 March 2014
14 Comments
The arrest last week of three identifiably religious people drew attention again to Whitehaven's new coal mine site at Maules Creek, in northern NSW. Why did these people of faith feel it was time to put their bodies on the line? Simply put, when the law is fully harnessed to keep in place a system that many consider to be immoral, the most ethical action is peaceful, non-violent disobedience.
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