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One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.
While the current economic climate is cause for concern, it is not the time to panic. A more sensible alternative to austerity is for governments, business, unions and charities to look for ways we can together soften the impact of any global downturn. This will require bipartisan agreement to sacrifice some or all of the budget surplus.
Housing Minister Luke Howarth came under fire for saying he wanted to put a 'positive spin' on homelessness, but worse than his comments is the misinformation. While his claim that 'half a per cent of the population don't have a permanent roof over their head' is correct, that still means one in 200 Australians is experiencing homelessness.
A Green New Deal in Australia would mean a stronger commitment to a government-led rapid transition to renewable energy and cleaner transport, with clear programs to support transition to well-paid green jobs in places that previously relied on resource extractive industries. This isn't necessarily as expensive as it sounds.
While money can be transacted for things that are bad — air pollution, road deaths, cigarette ads — as long as more transactions occur, it creates the illusion the economy is growing, which, ipso facto, is good. Thus, Japan's GDP rose sharply after the tsunami disaster. New Zealand's initiative will track better what is really happening in the country.
By close of business on Thursday, the Australian Christian Lobby had raised over $2 million for Israel Folau's legal fighting fund. I can't help but wonder about the priorities of the Christians supporting the fundraiser. As a former community lawyer, I can think of many ways $2 million might be spent to help those facing a battle with the law.
The first lesson would seem to be that Iran would be foolish to return to talks with the US. There seems precious little to talk about, and absolutely no assurance that the US would keep its side of the deal even if talks did result in the new and better deal the US has claimed it always wanted.
People are lacking inspiration and courage. So right now, what we need is a solution as big as the problem we're trying to solve, and the best idea on the table is a 'Green New Deal' that combines action on climate change with tackling inequality.
Labor's $2.3 billion cancer care package and promise to roll out more mental health facilities away from the major cities are positive policies. However it could go further with its health platform of funding specialist care by finally sinking its teeth into putting dental for all on Medicare.
'We can do this better by breaking down the silos and binding together our concern for nature, justice for the poor, commitment to society, and interior peace.' Opening Keynote Address by Fr Frank Brennan SJ at the Catholic Social Services Australia National Conference, Port Macquarie 19 February 2019.
This week the presidents of bishops conferences and representatives of religious congregations around the world will meet in Rome to reflect on responses to the sexual abuse of children To understand and evaluate the meeting, we should keep in mind its background and the different groups that have a particular interest in it.
Kenneth Hayne's royal commission into the financial sector has named, shamed and excoriated banks, regulators, insurance companies and other financial services businesses to the extent that you would think they are now extremely vulnerable and universally unloved. That would be a mistake.
109-120 out of 200 results.