keywords: Market Crash

  • ECONOMICS

    The crash of the can market

    • Julian Butler
    • 18 February 2009
    6 Comments

    Some of the soup van's clients collect cans to sell to a scrap dealer. The work supplements their welfare income and provides a sense of fulfillment. Since the global market crash business has been slow: 'China doesn't want aluminium now.'

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  • RELIGION

    Fallen markets linked to fallen human beings

    • Andrew Hamilton
    • 22 October 2009
    9 Comments

    While knowledge of the economy is important, we already have the more essential knowledge we need — about how fallen human beings behave, and about how to control the effects of such behaviour. The tranquillity of greed must not be left undisturbed.

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  • AUSTRALIA

    Virtue regained amid market bloodshed

    • Andrew Hamilton
    • 06 October 2008
    1 Comment

    More people read Inferno and Paradise Lost than Paradiso and Paradise Regained. Perhaps that is why the financial crisis and attempts to resolve it have been received so sullenly: sin and punishment sell better than virtue and reward.

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  • ECONOMICS

    When sharemarkets and the real world collide

    • Robin Bowerman
    • 19 September 2008

    The problems besetting Wall Street investment banks seem a long way from life in downtown Australia. The need to know the context of the economic crisis, and to keep a clear head, has never been more important.

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  • AUSTRALIA

    It's time for a native title reckoning

    • Kate Galloway
    • 27 March 2019
    5 Comments

    In the wake of the Timber Creek Decision, state and territory governments should be looking to implement negotiations with traditional owner groups around the nation to seek to settle the property claims — comprehending economic and non-economic losses. It is in no one's interest to engage in a court process for every single claim.

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  • ECONOMICS

    Compound interest is the root of banks' evil

    • David James
    • 04 December 2018
    7 Comments

    The problem goes much deeper than a few crooked operatives and it will not be fixed by changing the corporate 'culture'. The fundamental evil is the arithmetic of compound interest. Interest on debt rises exponentially, while economic activity is linear. That means that sooner or later those in a weaker position are unable to pay.

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  • AUSTRALIA

    PTSD the price of keeping the peace

    • Kate Mani
    • 12 September 2017
    6 Comments

    This Thursday will mark 70 years of Australian peacekeeping with a commemorative service and dedication of a new peacekeeping memorial. Dr Rosalind Hearder believes stereotypical perceptions of war and peace can leave Australians with a misguided understanding of peacekeeping. 'It's not the same experience as combat. But that doesn't mean it is easier. The long-term effects can still be damaging.'

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  • AUSTRALIA

    Not such a super way to buy your first home

    • 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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  • INTERNATIONAL

    Fall of Aleppo caps off wretched 2016

    • Jeff Sparrow
    • 16 December 2016
    12 Comments

    Assad's victory epitomises, in a sense, the reactionary tide prevailing just about everywhere in this, the Year of the Donald. The hopes raised during the Arab Spring have, it seems, been crushed, with the Syrian regime consolidating its grip over a nation it has oppressed for so long. Yet Aleppo also illustrates how little the Right's victories have actually settled. The Right's biggest asset is often the Left, with progressives seemingly determined to validate all the smears levelled against them.

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  • ARTS AND CULTURE

    Eviction porn has ethical foundations

    • Tim Kroenert
    • 12 November 2015
    1 Comment

    Against the backdrop of the crash of the US housing market, we linger on the lurid details of families' removal from the brick boxes that have been their homes for decades. We can only watch as they cycle through stages of denial, bargaining, fury and grief. These are well meaning people who have innocently fallen foul of a system that deals in laws and dollars, not humanity. It is a system so corrupt it turns the exploited into exploiters; where its desperate victims embrace corruption in turn as a means of survival.

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  • AUSTRALIA

    Fossil fuel divestment economics in line with morality

    • Michael Mullins
    • 01 June 2015
    3 Comments

    The Norwegian Parliament has just ordered its $A1.15 trillion Sovereign Wealth Fund to divest from coal. This represents the largest single divestment from fossil fuels in human history, and our biggest sign yet that the age of coal is over and the financial case for investing in fossil fuels is likely to disintegrate. Australia will crash and burn both economically and morally if we do not follow suit.

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  • AUSTRALIA

    Petrol price plunge won’t arrest car decline

    • Greg Foyster
    • 06 February 2015
    3 Comments

    After years of writing pain-at-the-pump puns, journalists are giddy at the prospect of prices heading south for once. The low price is a boon for motorists and regional tourism operators. But it won't change the face that we've hit 'peak car' and are driving less. Young people now prize access over ownership.

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