Keywords: Superannuation

  • ECONOMICS

    A strange financial circus

    • David James
    • 12 October 2021
    3 Comments

    Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress. 

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  • ECONOMICS

    Labor’s embrace of Liberal tax policies leaves poor worse off

    • Chris Smith
    • 31 August 2021
    10 Comments

    In July, Anthony Albanese announced a significant change of stance on Labor tax policy which was disappointing, if not surprising. An elected Labor government, Albanese promised, would keep the coming high income tax cuts he previously opposed. This decision to not oppose the government proposal to restructure the income tax system through reduced marginal rates is supporting a government policy that will lead to a significant redistribution of wealth towards high income earners.

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  • ECONOMICS

    Why corporatism, not capitalism, is the root of social harm

    • David James
    • 06 July 2021
    16 Comments

    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.

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  • AUSTRALIA

    The thin veneer of the gig economy

    • Dustin Halse
    • 27 April 2021
    9 Comments

    Behind the slick advertising and high-tech veneer of on demand apps and services lies a bleak, hazardous and often dangerous reality: tens of thousands of people are working at the fringe of the labour market as delivery riders and personal chauffeurs. When you remove all the tech, the sizzle and pop, it’s little more than modern day iteration of old-school precarious piece work arrangements.

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  • ECONOMICS

    When economic policy transcends political division

    • David James
    • 08 April 2021
    5 Comments

    It is one of the ironies of Australian political history that a policy that has profoundly benefited this country’s version of capitalism came, not from the right, but from the Labor party and unions. The mandating of superannuation payments in 1992 under the Keating government has profoundly changed Australia’s financial system.

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  • FAITH DOING JUSTICE

    The value of the worker

    • Ursula Stephens
    • 25 February 2021
    13 Comments

    'It's the value of the work, not the worker.' So said a government backbencher to me last week while I was speaking to him about the omnibus industrial relations (IR) Bill that has just passed the House of Representatives.

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  • 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.

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  • ECONOMICS

    Class and COVID-19

    • David James
    • 17 September 2020
    5 Comments

    The issue of class, economic inequality, has for some time been conspicuously absent in contemporary political debate. In the wake of COVID-19, which will greatly exacerbate income and wealth disparities, such inattention must be addressed.

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  • ENVIRONMENT

    Lawsuits over climate crisis risk

    • Binoy Kampmark
    • 30 July 2020
    2 Comments

    On July 22, Katta O'Donnell filed an action in the Federal Court in Victoria hoping to make good her promise to put the government on trial for ‘misconduct’. The action notes that, ‘At all material times there has existed a significant likelihood that the climate is changing, and will continue to change, as the result of anthropogenic influences.’ Australia was ‘materially exposed and susceptible’ to the risks posed by climate change.

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  • ECONOMICS

    Mixed picture for Australian economy

    • David James
    • 23 July 2020
    1 Comment

    The full economic impact of the coronavirus lockdowns will not be fully felt until the end of the year, but it will be devastating. The Treasurer, Josh Frydenberg, is already estimating that the effective employment rate is 13.3 per cent; it may be headed for as high as 20 per cent. It raises a question, not just in Australia, but in many developed countries. Will there be a significant middle class left after such economic destruction?

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  • AUSTRALIA

    Support men as equal parenting partners

    • Nicola Heath
    • 12 June 2019
    9 Comments

    Employer-led change is happening. But if we want men to take on a greater role in caregiving, what we need is structural change: universal, use-it-or-lose-it parental leave offered to both parents instead of the old primary/secondary caregiver model that entrenches existing gender roles.

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  • ECONOMICS

    Could Labor fuel a property revolution?

    • David James
    • 07 May 2019
    5 Comments

    The Australian economy rests on a decades-long property gamble that has disenfranchised younger generations. It is why the differing policies of the two major parties at the federal election take on an unusual significance. The voters' choice will go a long way towards determining if that generational split will get better or worse.

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