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Keywords: Banks

  • ECONOMICS

    Financial advisers can be more than bookies

    • David James
    • 26 March 2014
    6 Comments

    Removing the requirement that financial advisers act in the best interest of their clients will reveal financial advisers for what they really are: salespeople for the banks' wealth management platforms. Tony Abbott argues that the changes will remove 'red tape' and declaimed: 'We're creating the biggest bonfire of regulations in our country's history.' This is a duplicitous use of language that misunderstands how the finance sector works.

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  • INTERNATIONAL

    Gifts of blood follow Kunming horror

    • Evan Ellis
    • 07 March 2014
    4 Comments

    My tutor in Kunming was deeply shaken by the mass stabbings last weekend that left 29 civilians dead. When Chinese authorities put out a request for blood donors in the city, giving blood was all she wanted to do. The city's blood banks have struggled to accommodate the throng of willing donors, the upturned arms of ordinary citizens replacing some of the blood spilt by the long knives. This strikes me as profoundly Eucharistic.

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  • ECONOMICS

    Don't rob the poor to pay the rich

    • Bruce Duncan
    • 04 February 2014
    14 Comments

    The budget problems are not caused by Newstart or disability pensions, which have been declining as a proportion of economic activity. Had the Howard Government not been so generous with its tax cuts to upper and middle income groups, there would today be no budget deficit.

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  • ECONOMICS

    Banksters' deadly game of Sheldon's three-person chess

    • David James
    • 01 May 2013
    3 Comments

    In The Big Bang Theory Sheldon invents a game of chess which 'utilises a three-sided board with transitional quadrilateral-to-triangular tessellation to solve the balanced centre combat-area problem'. This gobbledegook sounds suspiciously similar to the application of mathematical models to financial securities in derivatives markets.

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  • INTERNATIONAL

    Kids corrupted by criminal treatment

    • Andrew Hamilton
    • 07 March 2013
    9 Comments

    In Australia the child's welfare is trumped by the demands of a justice system focused on containment of risk, and by populist calls to get tough on crime. When offending children are seen through a judicial lens, and justice is seen as retributive, the support society offers them to become responsible adults is fragmented. 

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  • AUSTRALIA

    The iPhone 5 and Apple's profit fetish

    • Michael Mullins
    • 17 September 2012
    5 Comments

    Ahead of his Australian visit earlier this year, Apple co-founder Steve Wozniak criticised the company for subjecting local consumers to 'horrible' price-gouging. Last week's release of the iPhone 5 has reinforced perceptions of Apple as an odious corporation that exploits consumers, alongside the likes of tobacco companies, big banks, McDonald's, and Coles and Woolworths.

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  • ARTS AND CULTURE

    After Greece's party ended

    • Gillian Bouras
    • 15 August 2012
    3 Comments

    Things were speeding up. Greece entered the European Community, banks were throwing money at every Tom, Dick and Spiro, credit cards seemed a form of modern magic. The party is over now, and the ones who have survived in the best shape are the older villagers who never expected a party and so did not join in the spree.

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  • AUSTRALIA

    Erasure of an Aboriginal temple

    • Patti Miller
    • 03 May 2012
    21 Comments

    For thousands of years there was a temple on the banks of the Macquarie. A long avenue of trees carved with serpents, lightning, meteors and hieroglyphs led to a walled space where a giant human figure made of earth reclined. It was as important as the Acropolis or the temple of Horus. But it no longer exists. 

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  • ARTS AND CULTURE

    Father Brennan's jailbreak

    • Tim Kroenert
    • 02 February 2011

    A mess of maps and photos pinned to his wall reflects his obsession. A series of close calls and violent altercations reveal his rising desperation. His love of his family bolsters his conviction while allowing him to retain his humanity.

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  • CARTOON

    The banks' public interest deficit

    • Fiona Katauskas
    • 03 November 2010

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  • ARTS AND CULTURE

    In the suburbs of glut

    • Les Wicks
    • 27 April 2010
    1 Comment

    The same delusion that made us rich .. leaves a Hungry by the doors .. By comparison the 'wealthy' ones, Australian with homes .. on the market, no offers .. bereft in Bankstown .. wails in Warrimoo .. People are and want good.

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  • AUSTRALIA

    Super size fees lead to retirement poverty

    • Michael Mullins
    • 29 March 2010
    1 Comment

    The complexity of superannuation products prompts many to choose easy options that attract high fees. Higher fees mount up over many years and significantly affect the quality of life workers are able to enjoy when they retire.

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