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Keywords: Debt

There are more than 200 results, only the first 200 are displayed here.

  • ECONOMICS

    When transactions mask reality

    • David James
    • 01 May 2023

    As the economy becomes more focused on monetary exchange, we overlook underlying realities that are hidden from plain sight. Largely invisible aspects of our economic life such as transactionalisation and industrial efficiency are transforming our society and can shape our future in unexpected ways. So what does this mean for the future of capitalism and our society?

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  • AUSTRALIA

    How to pay for things we want

    • Joe Zabar
    • 19 April 2023
    2 Comments

    The upcoming federal budget in May presents a crucial moment for the Albanese Government to address pressing challenges while restoring trust in political institutions. Transparency, integrity, and meaningful relief for households will be key to defining the government's path forward. 

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  • ARTS AND CULTURE

    Hope springs

    • Andrew Hamilton
    • 10 April 2023

    In a secular society the fast that preceded Easter has disappeared, but Easter remains a time of celebration. Celebrations recognise happy times and happy events, often marking the end of hard times. The message of Easter remains: that hope can spring up and new life can grow in apparently barren places.

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  • ECONOMICS

    The debt crisis we all saw coming

    • David James
    • 03 April 2023

    As the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse poses a renewed threat to the global financial system, the question arises: how can we manage out-of-control debt? With global debt exceeding 230 per cent of GDP, could nationalising banks be the solution to the ongoing crisis, or will the debt merry-go-round continue to spin out of control?

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  • ECONOMICS

    Ballooning risks of finance fictions

    • David James
    • 14 March 2023

    Was Russia's removal from the SWIFT system the moment when the global financial system detached itself from reality? The financial system is at risk from unpayable debt and the delusion that money can be created out of money itself, and wider trust underpinning finance is steadily evaporating.

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  • ENVIRONMENT

    Storm brewing over Pacific nations as climate and debt crises collide

    • Cardinal Soane Patita Paini Mafi
    • 06 March 2023
    4 Comments

    Increasingly frequent and severe weather events are leaving Pacific Island nations struggling to rebuild. The region needs nearly US $1 billion per year in financing to adapt to climate change but with lengthy delays and complex grant applications, accessing funds is a challenge.

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  • ECONOMICS

    Daring to intrude in the dismal science

    • Andrew Hamilton
    • 02 March 2023
    3 Comments

    As politicians and economists search for a simple solution to inflation, high debt, and rising interest rates, Australia's inequality has become a defining feature of its economy. As the fear of unintended consequences and the power of vested interests loom large, incremental reform may be the only way to reduce inequality and serve the common good.

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  • AUSTRALIA

    When Robodebt came knocking was anyone home?

    • Andrew Hamilton
    • 23 February 2023
    8 Comments

    The Robodebt Scheme's Royal Commission revealed ethical insensitivity and a disregard for the rule of law by administrators. Suicides of vulnerable people were ignored in the quest for revenue, which may indicate a more extensive corruption of government and administration.

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  • AUSTRALIA

    Robodebt and the human cost

    • Joe Zabar
    • 14 February 2023
    2 Comments

    The Robodebt Scheme promised billions in savings, but became a $1.8 billion failure labeled as 'a shameful chapter in public administration' by the Federal Court. The government was forced to settle a class action and wipe the debts of 381,000 people. Beyond the human cost, these failures point to a welfare system due for an upgrade. 

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  • AUSTRALIA

    Culture wars are for tin soldiers

    • Andrew Hamilton
    • 02 February 2023
    6 Comments

    Any discussion of the ethics of culture war should begin with the basic reality of human communication: to flourish, human beings rely on cooperation with other people. Speaking abusively about others weakens the necessary trust that lies at the foundation of a well-functioning society and inhibits the conversation about values necessary in a humane society.

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  • ARTS AND CULTURE

    Trust over tech: Confronting tertiary cheating

    • Emma Wilkins
    • 01 December 2022

    University students across the country are using so-called ‘study’ sites to buy essays and answers for online assessments. Australia’s academic integrity regulator has since blocked scores of sites, but there are still work-arounds; experts say the problem is likely worse than we realise, and almost impossible to solve.

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  • AUSTRALIA

    The Australian housing crisis: A Roundtable

    • David Halliday, Peter Mares, John Falzon, Nicola Nemaric, Rae Dufty-Jones
    • 18 November 2022
    1 Comment

    Despite rising interest rates and the recent dip in property values, Australia’s housing situation places it among the least affordable property market in the world. With a rise in homelessness and younger Australians locked out of an inflated housing market, what is the way forward for Australia? 

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