Welcome to Eureka Street

back to site
Forgot your password?
Subscribe

Keywords: Stimulus

  • AUSTRALIA

    Robodebt: Anatomy of a scandal

    • James Massola
    • 14 July 2023
    5 Comments

    Catherine Holmes' Royal Commission report exposes the staggering mismanagement and human cost of Australia's Robodebt scandal. The scheme burdened over 500,000 Australians with non-existent debts and is linked to at least three suicides. This report unravels the culture behind the disaster and the potential repercussions ahead.

    READ MORE
  • AUSTRALIA

    Poor-blaming lets governments off the hook

    • Claire Victory
    • 26 October 2021
    14 Comments

    We don’t need further commentary that gives people who are well off yet another excuse to demonise people living in poverty and to blame them for their circumstances. It lets governments off the hook – governments which should be addressing the structural causes of poverty.

    READ MORE
  • ECONOMICS

    The economy is never as good as it looks and never as bad as it seems

    • David James
    • 04 May 2021
    2 Comments

    But although the Coalition will never admit it, it looks suspiciously like there has been some bipartisan institutional learning about how to manage financial crises. If you want to stimulate an economy in times of crisis put the money directly into the economy, either into people’s pockets or to businesses who then pass it on to workers.

    READ MORE
  • INTERNATIONAL

    Fragile fraternity a hundred years on from Black Friday

    • Andrew Hamilton
    • 15 April 2021
    4 Comments

    The parallels with our own times of the events of Black Friday in 1921, with its movement from a time of heavy social spending and the flowering of social capital to a time of recovery, and the fateful choices that are made at such times, are evident. We await the results of the economic choices being made by government and their effects on community and solidarity.

    READ MORE
  • ECONOMICS

    Finance needs common sense, not cleverness

    • David James
    • 10 December 2020
    1 Comment

    The world’s financial markets are afflicted by a deep irrationality that imperils their very existence. On the surface, finance looks logical enough with its numbers, charts, mathematics, forecasts, ‘modelling’ and so on. But this only masks the fact that the system itself has been working on underlying assumptions that are either contradictory — such as that you can ‘deregulate’ finance when finance consists of rules — narrow minded or absurd.

    READ MORE
  • AUSTRALIA

    'Hard-hat' focus leaves women behind

    • Leya Reid
    • 29 October 2020

    Despite the heavy focus on 'hard-hat' professions in our political discourse, Australia’s economy is dominated by its service sectors. If this is Australia’s first service sector recession, why is this not reflected in the focus of our recovery and job creation programs?

    READ MORE
  • ECONOMICS

    Until debt do us part

    • David James
    • 20 October 2020
    3 Comments

    The global economy was already teetering on the edge of such a debt crisis before the coronavirus hit. The economic shutdowns have accelerated the damage.

    READ MORE
  • AUSTRALIA

    Imagining the Budget

    • Andrew Hamilton
    • 15 October 2020
    8 Comments

    The Federal Budget this year coincided with the release of Pope Francis’ Encyclical Fratelli Tutti. Both are preoccupied with the shape that society will take after COVID-19. It is tempting to compare their different approaches.

    READ MORE
  • ARTS AND CULTURE

    Attacks on the arts miss their value

    • Leya Reid
    • 13 October 2020
    49 Comments

    A common argument is that publicly-funded artists take unnecessarily from the ‘average Australian’. In the current international crisis, this argument fails to recognise that artists and arts workers are just as deeply impacted financially by COVID-19 as the ‘average Australian’ in other industries.

    READ MORE
  • ECONOMICS

    October Budget rides on collective confidence

    • Joe Zabar
    • 24 September 2020
    3 Comments

    The havoc COVID-19 has wreaked on our economy has been less damaging than for some other countries. While international comparisons may help us feel better about our circumstances, the reality is that Australia’s economy is in trouble and will need more than economic first aid through measures like JobKeeper to get us back on track to recovery.

    READ MORE
  • ENVIRONMENT

    Climate truth should guide recovery spending

    • Various
    • 18 September 2020
    3 Comments

    The pandemic has afforded us a preview of how a crisis plays out when the science is not properly heeded. The overwhelming majority of climate scientists have long been sounding the alarm that the health and safety of large parts of the population are at serious risk, both here and around the world. We are already seeing the damage to health and to the environment that they predicted.

    READ MORE
  • AUSTRALIA

    Jobactive and job service providers are unfit for purpose

    • Izabella Antoniou
    • 03 September 2020
    11 Comments

    Beyond the announcement of the corona supplement falling from $550 to $250 a fortnight in September, and the reintroduction of asset testing, there has been little in the way of a roadmap for our nation’s unemployed in a landscape where job seekers outnumber jobs 13:1.

    READ MORE