Keywords: Debt
There are more than 200 results, only the first 200 are displayed here.
-
ECONOMICS
The $6.2 billion the government will raise through a levy on bank liabilities not only shows how out of favour banks have become, it is also, in effect, a de facto tax on property lending - a counterbalance to negative gearing and capital gains tax breaks. It is a tax on property lending because nearly all the banks' loans are mortgages for housing, or business loans secured with property. Of course the banks will pass the extra cost on to their customers, so it becomes a tax on borrowers.
READ MORE 
-
RELIGION
- Frank Brennan
- 08 May 2017
1 Comment
Our Church is presently a strained, outdated social institution with an exclusively male hierarchy and clergy. But it is also the privileged locus for us to be called to the banquet of the Lord sharing theology and sacrament which have sustained the hearts and minds of similar pilgrims for two millennia. Thank God for Pope Francis who is showing us the way, helping us to find meaning in our changing and chaotic world, putting a fresh spring in the step of all those Catholics holding in tension the prophetic and the practical, the theological and the humanist, the tradition and the contemporary reality.
READ MORE
-
AUSTRALIA
- Frank Brennan
- 07 May 2017
7 Comments
Part of the cost of the double dissolution election last July has been the creation of a Senate with the largest, most diverse group of crossbenchers ever. This will make the passage of any new contested Budget measures difficult, particularly given the Prime Minister’s vulnerability on his right flank, and the Labor Party's propensity to mimic the Opposition tactics adopted previously by Tony Abbott. The government needs to create a clear narrative as to how it will achieve equitable and sustainable growth through this Budget.
READ MORE
-
PODCAST
Is there such a thing as bad debt when it comes to national budgets? Is infrastructure spending a great idea by default? We also take a glance at the first 100 days of the Trump presidency. As an antidote, we finish with a quick reflection on the latest moves by Pope Francis.
READ MORE
-
AUSTRALIA
- Tim Robertson
- 20 April 2017
13 Comments
One of the challenges for progressive parties is to look beyond the existing neoliberal framework for solutions to the current malaise. Labor is so steeped in neoliberal orthodoxy that, even if it was willing to evolve, it's likely incapable of doing so. And while much of the intellectual heavy lifting in forming a picture of what a post-neoliberal future may look like will be done outside organised politics, Labor remains completely unengaged with almost all of these debates.
READ MORE
-
AUSTRALIA
- 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.
READ MORE
-
AUSTRALIA
- Kate Galloway
- 20 March 2017
17 Comments
ACTU secretary Sally McManus' comments about the rule of law have sparked a lot of chatter on news and social media. While the rule of law arguably does assume citizens will obey the law, it also assumes government will behave lawfully. Further, it might be argued that the rule of law encompasses the principled application of government power. In this respect, the Australian government is itself falling well below adhering to the rule of law. I offer Centrelink #notmydebt as a case study.
READ MORE
-
RELIGION
- Frank Brennan
- 01 March 2017
11 Comments
Make no mistake, our church leaders are not yet out of the blaze of the headlights. They don't have all the answers, not even in relation to matters peculiarly within their jurisdiction. Despite being put on notice, our most senior bishops could not even agree on the limits of the seal of the confessional and on what a priest should do if abuse were reported in the confessional by a child. It's not just our past leaders who needed help. Our present leaders also do.
READ MORE
-
ARTS AND CULTURE
- Sandra Renew
- 20 February 2017
4 Comments
Observing the decades long incident is unbearable - although they have fallen beautifully time is not on their side, their ideals are consigned to fire. But do we care so little that when the fates convene and humans fail sumo-sized jelly fish and yellow crazy ants and ubiquitous spiders will be all that's left? Do we care so little and think we are free of all our debts? Did we think we were never so needy as to sell our dreams?
READ MORE
-
AUSTRALIA
- Kasy Chambers
- 03 February 2017
12 Comments
Centrelink's new policy of automated online debt collection has been subject to conflicting reports. The Minister and the department head are sticking to the assertion that everything is working fine. Yet there is another version of the truth, seen in the growing list of people talking publicly about the distress caused to them by being falsely tageted. One difficulty with the process is that the adversarial manner that it set up is unlikely to allow Centrelink to learn from the cases it reviews.
READ MORE
-
AUSTRALIA
- Fatima Measham
- 02 February 2017
6 Comments
It strikes me as odd that we have mostly withstood anti-establishment agitation, as seen in the Philippines and the UK. It is not like our political class have not earned similar scorn. What if the optimism bias that kept most of us from anticipating the results of the Brexit referendum and the US election are now also in play in Australia? How long will current welfare architecture and the incompetence of nativists keep at bay the destabilising forces that have laid America so low?
READ MORE
-
AUSTRALIA
- Rachel Woodlock
- 27 January 2017
23 Comments
'Take that out of your mouth, I have to touch that,' barked the Border Protection officer, glaring at me. I'd been juggling bags, boarding tickets, and a passenger exit card, so my passport was positioned precariously between my lips. I wondered if there was a class for teaching them how to be that special mix of forcefully domineering and nasty. It's not just at airports that ordinary people are increasingly feeling a sense of helplessness in the face of bureaucratic antagonism.
READ MORE