Welcome to Eureka Street
Looking for thought provoking articles?Subscribe to Eureka Street and join the conversation.
Passwords must be at least 8 characters, contain upper and lower case letters, and a numeric value.
Eureka Street uses the Stripe payment gateway to process payments. The terms and conditions upon which Stripe processes payments and their privacy policy are available here.
Please note: The 40-day free-trial subscription is a limited time offer and expires 31/3/24. Subscribers will have 40 days of free access to Eureka Street content from the date they subscribe. You can cancel your subscription within that 40-day period without charge. After the 40-day free trial subscription period is over, you will be debited the $90 annual subscription amount. Our terms and conditions of membership still apply.
There are more than 200 results, only the first 200 are displayed here.
It is not often that federal political parties exhibit courage. Labor's decision to change the rules on negative gearing is a rare instance. It targets what is most dangerous and unfair in our financial system. Expect howls of protests from powerful lobby groups if it ever looks like becoming policy. But these changes alone won't be enough to deal with the ills of the financial system. While they are designed to target the bias away from productive investment, they won't remove the attraction towards property.
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.
From the drama-filled mind of a pre-teen girl to the homes of former Indonesian death-squad members; from a day in the life of a transgender sex-worker to a grim and sublime new rendition of one of Shakespeare's most famous plays; from one actor's immense ego to another's fading relevance to an allegedly doomed writer's captivating self-effacement, Eureka Street's resident film buff Tim Kroenert revisits the characters and themes of some of the best and most conversation-worthy films of 2015.
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.
The End of the Tour is most compelling as a consideration of the relationship between journalist and subject, which is a strange kind of beast, glorified in the sprawling feature profiles of Rolling Stone and its ilk. At its best the relationship is marked by intimacy generated through dialogue, but at its worst or it is mutually exploitative. Scenes from this year's Amy Schumer press junket revealed how bad things can go when an interviewer thinks they are going to befriend their celebrity interviewee.
In the early 1990s London engineer Allan Jones took the suburb of Woking off the grid by establishing a system of tri-generation, which reduces waste by generating power locally. The Sydney City Council employed Jones in 2009 to bring the same approach to Australia. But regulations from previous eras that greatly favour the incumbent power companies are preventing any meaningful change. Once again we find that the main challenges with tackling global pollution are not technical, but political.
Hollywood need not deny the violence cartels have perpetrated upon one another, members of the public, police and military. But to almost exclusively engage with Mexico in terms of this violence provides a badly limited perspective on that country. Hollywood does something similar when it goes to Africa and tells only stories of warlords and child soldiers. To do so brings nothing to the conversation, but merely exploits tragic situations for the benefit of laughs and action.
For those who believe, as G. K. Chesterton quipped, that the popular press is 'a conspiracy of a very few millionaires', the decline of mainstream media may not seem such a great loss. But the thinning of journalistic ranks is not good for democracy. In the world of business, old habits usually do not die at all — it is rather the businesses themselves that experience terminal decline. What journalism that does emerge from the ashes of the existing mainstream media businesses will be very different.
A Black Mass is a travesty of the Catholic Mass in worship of the devil. In this instance it is a metaphor for FBI agent Connolly's devotion to violent criminal Bulger, due in part to the social benefit he attains through his association with this powerful criminal, but running all the way back to a formative childhood encounter that is hinted at but not articulated in detail. Of the flatly villainous Bulger and the morally complex, wilfully compromised Connolly, the latter is the more palpably evil.
The recent ructions in the Chinese stock market set off great consternation in global financial markets, but for the most part this was a display of ignorance. One of the reasons China’s influence on global markets has been so beneficial, since at least 2007, is that its economy and financial markets are so different.
G. K. Chesterton said that 'too much capitalism does not mean too many capitalists, but too few capitalists'. In our young century, we have lost capitalists, and wealth has coagulated to a seemingly smaller and smaller number of financiers, oligarchs and corporations. The stock market is where entrenched wealth is kept and made. An industry-shattering share-trading app is set to help deepen our pool of capitalists.
There has been great pressure on both of the major political parties to stop giving so-called rich retirees partial pension income. The conventional view has become that retired millionaires should not be feeding off the public teat. But in terms of income, many of those 'rich retirees' would actually be better off on the pension.
145-156 out of 200 results.