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There are more than 200 results, only the first 200 are displayed here.
The question that should be posed is how effective has the Reserve Bank been at ‘managing’ the economy and financial system? ‘Not very’, has to be the answer. Not that the RBA is alone. The same pattern has been seen across the developed world. Central banks have one weapon at their disposal, the cost of money (the interest rate), and there is not much evidence they have used this tool to make their systems sustainable. Mostly, they have made matters worse.
After four years, the Fifth Plenary Council of Australia is nearly at a close with the second and final assembly in July. So what has been the significance of the Plenary Council so far, and what can we expect from the final session? In this Roundtable, Geraldine Doogue, John Warhurst, Greg Craven and Julian Butler reveal their hopes and expectations for the process and discuss likely outcomes.
We are now three months into the Ukraine war. From an invasion it has turned into a war of attrition that has cost many lives, displaced civilians, destroyed cities, and led to sanctions and the making of alliances with effects that have spread suffering far beyond Ukraine. In this Roundtable, Andrew Hamilton SJ, David Halliday, Michele Frankeni and Dr Stewart Braun explore the ethics of the war and likely paths to peace.
Whoever is Prime Minister after the election on May 21, he will need to address the question of Indigenous recognition in the Australian Constitution. This is the sixth election in a row when the question has been a live, unresolved issue during the election campaign. The patience of Indigenous leaders is understandably wearing thin. Trust is waning. There is still no clear path ahead. So where to from here?
In 2020 as the Covid-19 pandemic raged globally, as Australia shut its borders and some states shut in their people, massive government income support was introduced. The government was a little slow coming to recognise the need for such measures. Once they had, they wanted the support rolled out as quickly as possible. Frydenberg, Scott Morrison and their colleagues recognised that a demand side boost was absolutely necessary to sustain economic activity. The government was uncomfortable, though, with this approach.
In the early part of the twentieth century, Francis Galton (a cousin of Charles Darwin) used the latter’s work to argue that human breeding stock could be improved. He would weed out the weakest and the less able and produce a sturdier race. Until recently, the crematoria of Hitler’s death camps were enough to remind most that this was not an idea consonant with actual human flourishing.
There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.
The legal pursuit of Assange is disturbingly unique not only for using an archaic law against a non-US national; it is also the first instance of an international application of it against a publisher. The law, if applied in the way suggested by the charges, criminalise the receipt, dissemination and publication of national security information, irrespective of motive. If the US Espionage Act 1917 were applied in this way, it would appear to subvert the free press provision in the United States Constitution.
Christmas is always a mixture of nostalgia, weariness, connection and hope. This year the strands that compose it are even more tangled. We hope to return to the pre-Covid normal of celebration without anxiety. We look forward to the New Year as a gate to freedom to travel, work and plan our lives without hindrance. At the same time, however, our plans are conditional. We realise that Covid has not left us, and that its mutations may lead to more interruptions and restrictions.
Ben Jonson is one of the great English Renaissance playwrights but he can also be challenging for the modern reader. When I first came to Jonson some years ago, I attempted a comedy from 1610, The Alchemist. I soon felt out of my depth. Conceding defeat, I put the book aside and told myself that there would be some ‘other time’. This year in Melbourne, with the theatres closed, the streets largely deserted, and travel restrictions firmly in place, that ‘other time’ arrived.
The neighbour says, So sorry. And sir, / you are the last paesano on this street. / Maria you promised me. I could go first. / Ti perdono, I forgive you, amore mio. / I sit in our backyard under lemon shade, amongst / the hens tomato plants and capsicums. I fall into each / wishful memory. We danced, those ad-hoc strolls / and laughter, you hummed our favourite songs.
Synodality, the new term which is sweeping the church, is an aspirational goal not a proven methodology. For this reason, it is a test case for the lasting impact on church reform of the papacy of Pope Francis. He has given us an aspiration but also set us a test.
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