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Keywords: Economy

  • INTERNATIONAL

    New Zealand rocks but the poor are rolled

    • Cecily McNeill
    • 17 February 2014
    4 Comments

    With the Australian economy in disarray, the Abbott Government is showing keen interest in New Zealand's projected unusually high growth. But NZ's status as a rock star economy is in question from commentators who say it has never recovered from major policy shifts 30 years ago. In particular its sexy image on the global business stage does not translate to a better life for those on low incomes, particularly women and children.

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  • CARTOON

    What have refugees ever done for us?

    • Fiona Katauskas
    • 29 January 2014
    14 Comments

    View this week's offering from Eureka Street's award winning political cartoonist.

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  • RELIGION

    Is the pope a Marxist?

    • Neil Ormerod
    • 17 December 2013
    27 Comments

    Pope Francis' vision for the church of the poor is now joined to a stinging critique of our globalised economy which promotes a 'new tyranny' of unfettered capitalism and an attack on the 'idolatry of money'. While such language has not been uncommon, buried in the riches of Catholic social teaching, this pope has made it up front and centre stage of his message.

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  • ECONOMICS

    Australia's Noah's Ark economy

    • David James
    • 05 November 2013
    2 Comments

    Australia is very much the 'Noah's Ark' economy: two of everything. Consider the spate of industry sectors in which only two companies dominate: airlines (Virgin and Qantas); paper and packaging (Visy and Amcor); print media (News Corporation and Fairfax). The Federal Government's announcement that it will be launching a 'root and branch' review of Australia's competition law will, at the very least, make for a fascinating spectacle.

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  • ECONOMICS

    Dollar bulletproofs US economy

    • David James
    • 04 October 2013
    1 Comment

    America is fond of claiming exceptionalism, which is usually little more than an indication of its attitude to moral accountability. But in one area America definitely is exceptional: the global currency markets. There is no risk of the market for American dollars drying up, which means that a default by the American government is, while significant, not especially relevant to what happens with the global trade in US dollars.

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  • AUSTRALIA

    Australia's shrinking moral and intellectual horizons

    • Ray Cassin
    • 05 August 2013
    5 Comments

    It is economically illiterate nonsense to equate the state of the budget with the state of the economy, yet Labor and the Coalition have acquiesced in the view that delivering a surplus is the sole indicator of responsible economic management. If this election campaign fails to inspire many voters and drives some to disengage, it will be in large part because of where the contending parties stand or, more importantly, refuse to stand. 

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  • INTERNATIONAL

    Indonesia gives a Gonski

    • Pat Walsh
    • 24 July 2013
    3 Comments

    Like Australia's Gonski reforms, Indonesia's initiatives are designed to give its economy a competitive edge by upgrading its human resources. But the changes also have the potential to radically transform Indonesia in other ways. Future generations who have been encouraged to think for themselves, to question and to criticise will be very different citizens to their forbears.

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  • ECONOMICS

    Aussie dollar falls to fast money folly

    • David James
    • 03 July 2013
    4 Comments

    A currency's value is supposed to represent the state of the country's underlying economy. Yet very little changed about the Australian economy during a week in which the value of the dollar was substantially altered. It is a small instance of how rapidly change occurs in currency markets, sometimes to devastating effect, and another reason why the capital markets are ruling rather than serving.

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  • AUSTRALIA

    Rudd's second coming

    • Ray Cassin
    • 27 June 2013
    21 Comments

    Can Rudd fare any better? He is a formidable campaigner and consistently rates well above either Abbott or Gillard when poll respondents are asked who is their preferred prime minister. What is more, Labor has a success story to tell about the economy, which the Government thus far has failed to sell. Rudd tells this story without illusions.

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  • AUSTRALIA

    Labor lost in democracy's gaps

    • Fatima Measham
    • 21 May 2013
    10 Comments

    How do we make sense of the perception that the economy is being mishandled when Australia is performing far better than other western countries? Or the fact that Labor faces a grim fate despite massive support for its major policies? The incongruence between public and political interest reveals democracy as an unfinished project. 

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  • ECONOMICS

    Big business twists tax truth

    • David James
    • 27 March 2013
    2 Comments

    Australia's business lobbies are fond of complaining that company tax is too high. Lower it, they argue, and the economy would become more dynamic and everyone would benefit. The reality isn't that simple. The combination of Australia's dividend imputation system and the compulsory super scheme greatly benefit Australia's big companies.

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  • ENVIRONMENT

    Climate change and Australia's weather on steroids

    • Paul Collins
    • 04 February 2013
    38 Comments

    Foreign Minister Bob Carr has said that, coming from Australia where climate change denial 'fills the air', he finds it significant that world leaders see climate change as the world's most important concern, even more than the economy. Recent extreme weather events, including the floods in Queensland, are symptoms of long-term climate change.

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