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There are more than 200 results, only the first 200 are displayed here.
From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.
In a year defined by surging living expenses, RBA Governor Philip Lowe finds himself the object of public ire, his failed rate predictions and aggressive anti-inflation measures becoming a litmus test for the enduring effects of a global crisis. Will the Labor party dare sever ties with Lowe, or will they allow him to continue wielding the hammer, regardless of the mounting human cost?
Known for incisive insights into societal issues like fundamentalism, loneliness, and abuse, theologian and cultural anthropologist Fr Gerald Arbuckle is now examining the rise of conspiracy theories. In conversation with Michael McVeigh, Arbuckle discusses his work, cultural anthropology, and the impact of 'cultural trauma'.
Prominent figures such as Australia's Treasurer Jim Chalmers and Pope Francis are turning to economist Mariana Mazzucato for insights on reforming the neoliberal capitalist system. Her vision for an equitable and sustainable global economy, aligned with the UN Sustainable Development Goals, is influencing key discussions on economic fairness worldwide.
Budget papers reveal an expected rise in the unemployment rate from 3.5 per cent to 4.25 per cent by June 2024. While the increase is portrayed as modest, it translates to an additional 144,900 people becoming unemployed. The focus must remain on the human stories behind the numbers during this uncertain period of economic recovery.
The government’s Powering Australia Plan promises renewable energy and net-zero emissions by 2050. However, analysts warn that there is little change in the economic and bureaucratic structures that support the fossil fuel industry. Unless Australia finds a way to prosper sustainably, the country will continue to benefit from emissions while the rest of the world suffers.
As jobseeker payments are indexed for inflation, increased payments are still well below the minimum wage and age pension. With successive neoliberal governments dismantling social infrastructure, people living in poverty have little means of escape. Poverty is not a personal choice but a political one.
Any sanctions regime produces uneven effects. Economic sanctions imposed on Russia are not only unlikely to end the conflict in Ukraine, but they are having unintended consequences, encouraging Moscow to be more resourceful and leading to a shift in global energy markets.
Despite rising interest rates and the recent dip in property values, Australia’s housing situation places it among the least affordable property market in the world. With a rise in homelessness and younger Australians locked out of an inflated housing market, what is the way forward for Australia?
Financial markets are made up of human beings and human beings have always been storytellers — long before science, or modern finance, or accounting even existed. Accordingly, the main skill of successful analysts, advisers, financial gurus and commentators is the construction of compelling narratives. They are, if not exactly creators of fairy stories, not too far removed from it.
Who wields the most power in the world? If one follows the money trail, it becomes clear that Western societies have become ruled by a new type of aristocracy: a management aristocracy.
The world is facing cross-currents: a collapsing financial system that is balanced by the benefits of massive, long term improvements in production efficiencies, mainly because of technological advances. It is a bad news/good news story that can only be seen accurately if the intractable errors of contemporary economics are jettisoned. We are in a battle between finance fictions and reality.
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