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Keywords: National Debt

  • AUSTRALIA

    Slavery is a growing problem. How should Australia respond?

    • Melissa Halliday
    • 13 July 2023
    4 Comments

    A Global Slavery Index report found the number of people living in modern slavery in Australia had more than doubled in the past four years. As incidents rise, so too does the nation's response, evidenced by an increase in reported cases and government funding. 

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  • AUSTRALIA

    Reading the entrails of Robodebt

    • Andrew Hamilton
    • 12 July 2023
    6 Comments

    Navigating the murky waters between legality and morality, Robodebt and the prolonged hotel detention of asylum seekers are both marred by the same neglect of human dignity and ethical responsibility, and should spark urgent discussions about our societal attitudes towards the vulnerable and the dire need for an ethical transformation.

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  • ECONOMICS

    Dawn of the multipolar world: A new order in global finance?

    • David James
    • 13 June 2023
    1 Comment

    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.

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  • AUSTRALIA

    The moral grammar of budgets

    • Max Jeganathan
    • 11 May 2023

    In the midst of budget season, a question lingers: Are we mere self-interested individuals, exclusive tribespeople, or true citizens committed to the common good? As the Treasurer unveils new allocations, the focus remains on headlines while overlooking the moral essence of budgetary decisions.

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  • AUSTRALIA

    How to pay for things we want

    • Joe Zabar
    • 19 April 2023
    2 Comments

    The upcoming federal budget in May presents a crucial moment for the Albanese Government to address pressing challenges while restoring trust in political institutions. Transparency, integrity, and meaningful relief for households will be key to defining the government's path forward. 

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  • ECONOMICS

    The debt crisis we all saw coming

    • David James
    • 03 April 2023

    As the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse poses a renewed threat to the global financial system, the question arises: how can we manage out-of-control debt? With global debt exceeding 230 per cent of GDP, could nationalising banks be the solution to the ongoing crisis, or will the debt merry-go-round continue to spin out of control?

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  • AUSTRALIA

    The Australian housing crisis: A Roundtable

    • David Halliday, Peter Mares, John Falzon, Nicola Nemaric, Rae Dufty-Jones
    • 18 November 2022
    1 Comment

    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? 

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  • ARTS AND CULTURE

    The book corner: Dogging the man in the iron mask

    • Andrew Hamilton
    • 11 November 2022
    3 Comments

    In Justice in Kelly Country, author Lachlan Strahan writes on the life of his great-great-grandfather, a policeman whose career stretched over thirty years. When a significant part of that story is intermeshed with such a fiercely contested story as Ned Kelly’s, telling it introduces the further complexities of the writer’s sympathies and judgments.

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  • ENVIRONMENT

    How should Labor handle nuclear waste storage in SA?

    • Michele Madigan
    • 04 August 2022
    7 Comments

    With $1 trillion of debt accumulating over the last seven years in attempts to establish a National Radioactive Waste Management Facility, the new Labor Government is facing mounting pressure to rethink the nuclear waste storage plan for Kimba.  

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  • AUSTRALIA

    Can the Class of '22 fix Australian Democracy?

    • Tim Dunlop
    • 22 June 2022
    5 Comments

    Concern about political malfeasance in Australian politics was one of the issues that drove the influx of new members (mainly women) into the Australian Parliament on 21 May, and they are promising a raft of reforms. The astounding thing is that we managed to leverage the change of 21 May 2022 within the confines of a system that inherently favours the status quo, the preferential voting system tending to channel votes back to the major parties.

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  • AUSTRALIA

    Deliver us from our necessities

    • Andrew Hamilton
    • 16 June 2022

    After the Election media focus has now switched from the fresh personalities and style of the new Government to the difficulties that face it. These include the financial pressures created by heavy debt and inflation, the constraints imposed by pledges made before the election, an energy crisis, international conflicts and their effects on trade, and differences within the Party. Faced by such challenges the Government is unlikely to be able to fulfil its promises and its supporters’ hopes.

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  • ECONOMICS

    Supply to survive

    • Julian Butler
    • 31 March 2022

    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.  

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