Keywords: Economic Growth
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AUSTRALIA
- Andrew Hamilton
- 26 May 2016
7 Comments
The evidence of misbehaviour by banks has become public at a time when the underlying ideology has also been criticised. The inherent unlikelihood that an economy based on individual greed will benefit the whole of society is now patent. It is seen as much more likely that unregulated competition for material gain will lead to the concentration of wealth in the hands of the wealthy and powerful. Evidence now suggests that inequality hinders the economic growth it was presumed to nurture.
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ECONOMICS
- Kate Galloway
- 28 April 2016
14 Comments
Historically, having a largely home-owning population has ensured both the social benefit of housing, and an economic benefit through enforced saving with long-term growth. In contrast, the negative gearing push splits the cultural and economic meaning of home ownership, because it focuses on investment. Negative gearing promotes property ownership but not home ownership. Thus the social benefits of home ownership that we have come to expect give way to bare economic indicators.
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AUSTRALIA
- Michael Mullins
- 09 February 2015
8 Comments
As a former business executive, the Archbishop of Canterbury Justin Welby speaks with particular authority on economic issues. He has just given a landmark speech on the ‘Good Economy’ in which he stresses that everybody including the marginalised has a role to play. As our Coalition MPs undergo soul searching in order to reconnect with the Australian people, they might consider the virtues of a reduced pace of economic growth that has more universal benefit.
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AUSTRALIA
- Andrew Hamilton
- 04 December 2014
23 Comments
Pope Francis' recent reflections on Europe apply also to Australia. He points to the cult of economic growth that exists at the expense of human values and the relationships that shape our humanity. His critique suggests the challenge facing our Government is not to make its policies appear more palatable when they're not, but to offer policies that are in themselves enriching.
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AUSTRALIA
- Tony Kevin
- 18 November 2014
4 Comments
Abbott's best G20 moment was his closing media conference, where he gave an outlined the meeting's achievement of a 2.1 per cent global economic growth plan over the next few years. But on two important matters – climate change and Ebola - the dynamic of the meeting got out of his control and produced outcomes clearly not to his liking. Abbott's counter-strategy – quite successful in retrospect – was to set media hounds running to the side-drama of Vladimir Putin.
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AUSTRALIA
- Michael Mullins
- 17 November 2014
10 Comments
The Murdoch press was reporting on Friday that Australian warships had been dispatched to 'intercept' the Russian flotilla 'steaming towards the G20 summit in Brisbane'. Serious heads needed to prevail for the G20 to maintain its relevance and Australia its credentials to host important events that do not concern sport. The Brisbane G20 had an opportunity build on the climate change action momentum established at APEC, or yield to the new climate deniers who don't accept that renewable energy is also good for economic growth.
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ECONOMICS
- Bruce Duncan
- 18 October 2012
8 Comments
Tony Abbott warned that Australia could go the way of Greece with excessive debt. Such claims reflect a climate of exaggerated concern about debt. Instead Australia could be taking advantage of historically low interest rates and embarking on major infrastructure projects, increasing employment and laying the basis for sustained growth in productivity.
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ENVIRONMENT
- Bruce Duncan
- 05 July 2011
14 Comments
Unless countries are prepared to implement draconian birth-control policies like China's, realistically there is no alternative but to prepare for a world of 9 billion people. But the increase in global population need not provoke a catastrophe.
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AUSTRALIA
- Kirsty Ruddock
- 25 November 2008
16 Comments
Local Moree sportspeople and indigenous community members have a fight on their hands if they're to prevent the construction of a Big W retail store on a culturally significant site. It seems history and culture have no place in the pursuit of economic growth.
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RELIGION
- Frank Brennan
- 25 October 2007
2 Comments
On foreign aid, development assistance and trade justice, Peter Costello says “Economic growth is the real poverty buster”. The bishops say: "True, but economic growth must go hand in hand with eradicating poverty and ensuring trade justice".
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INTERNATIONAL
- Allister Hayman
- 27 June 2007
1 Comment
Despite mounting criticism of the human rights record of Cambodian Prime Minister Hun Sen, foreign donors, including Australia, continue to back him financially. It seems that the economic growth and stability he has fostered is more valuable than transparency, the rule of law, and human rights.
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AUSTRALIA
- Stuart Braun
- 30 October 2006
1 Comment
A decade of economic growth has been good for many Australians. The property market has boomed. Wages have spiralled. Equity markets continue to ride record highs. Ordinary Australians have grown rich—but others have missed out.
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