Keywords: Debt
There are more than 200 results, only the first 200 are displayed here.
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AUSTRALIA
- Somayra Ismailjee
- 03 February 2016
6 Comments
A perception of Muslims as 'savage' and antithetical to peace accounts for incidents where overtly racist people can rejoice easily at the loss of human life, to little negative reaction. When a person is deemed unworthy or bereft of humanity, their death becomes gruesomely welcome. While Islamophobia itself does not define racism, Muslim people exemplify ideas of a cardinal threat against the Anglocentric West, which laterally affects how brown non-Muslim minority groups are treated.
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ECONOMICS
- David James
- 19 January 2016
11 Comments
Low interest rates tend to change the understanding of risk; having high debt seems to be less of a problem because the cost of servicing it is lower. This cavalier attitude has been especially evident in Australian households, which have racked up more debt relative to the size of the economy than any other country in the world. The massive appetite for debt has been replicated across the globe. The world may have survived the era of casino money - just - but it is now facing another crisis.
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ECONOMICS
- David James
- 15 December 2015
3 Comments
In the early 1990s, America, Europe and Japan accounted for about 90 per cent of world GDP. Now, they account for less than half. The BRICs and other developing nations have grown steadily (in China's case spectacularly) while Europe has stagnated and America has sputtered at best. Recent developments in the geopolitics of fossil fuels and in finance confirm the perception that the rise of China and the developing world spells the end of US global hegemony. Against this backdrop, the narrative of the West has grown increasingly incoherent.
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AUSTRALIA
- Justin Glyn
- 14 December 2015
4 Comments
There is a new proposal from Prime Minister Malcolm Turnbull that those convicted of terrorism offences are to be remanded in jail even after they finish serving their sentences. Given that the pressing of terrorism charges has already proven to be a highly subjective practice, there is good reason to fear that any new powers to detain people beyond the expiration of their sentences for terrorism offences will, like the offences themselves, be applied in a politically selective manner.
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RELIGION
- Frank Brennan
- 09 December 2015
2 Comments
'I joined the Jesuits in 1975 just as the previous 32nd General Congregation (GC32) was concluding. Pedro Arrupe was at the height of his powers. That Congregation asked the question: 'What is it to be a companion of Jesus today?' and answered unequivocally, 'It is to engage, under the standard of the Cross, in the crucial struggle of our time: the struggle for faith and that struggle for justice which it includes.' I have always regarded myself as a GC32 Jesuit. Many of those who gathered for GC33 thought that the GC32 mission was a little too one-dimensional. I suspect Bergoglio was one of those.' Frank Brennan on the eve of the Catholic Church's Jubilee Year of Mercy.
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AUSTRALIA
- Andrew Hamilton
- 26 November 2015
6 Comments
Questions remain regarding the recent death and disturbance on Christmas Island, posed by the responses by New Zealand and Australian government ministers to the unrest. New Zealand Internal Affairs Minister Peter Dunne compared the Christmas Island regime to Guantanamo Bay. Australian Minister for Immigration Peter Dutton emphasised the $10 million damage to property. Both responses were partial. At a deeper level the riot was the predictable outcome of a brutal government policy.
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ARTS AND CULTURE
- Isabella Fels
- 18 November 2015
5 Comments
My recession digs deep. In many ways I cannot take a leap as I would if I had heaps of money. How I would love to buy all sorts of goodies and never deny myself anything! How I wish I could be given a handout and make easy money, and throw money around everywhere I go! I feel myself learning the value of money the more I yearn for the dollar. In many ways it makes me feel stronger to make my money last longer, rather than constantly being lured by the dollar, and being easy fodder.
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AUSTRALIA
- Ellena Savage
- 06 November 2015
23 Comments
When I was a child, the house I longed for in my adult future was blonde-bricked, double-storied, concrete-paved, white-carpeted. Now I am older, and renting a room in such a house is possible, if I share the place with six other paying adults. Because it is 2015, I live in Melbourne (the sixth-least affordable city to live in in the world), and am not a merchant banker. No concrete plot will ever by mine, I say in tune with the million other people my age who have just assimilated that knowledge.
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