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Keywords: Fina

  • ECONOMICS

    What are banks for?

    • Colin Long
    • 18 January 2019
    6 Comments

    The opening of the finance sector to scrutiny provides an opportunity to examine its position in the structure of the Australian political-economy, and, most importantly, to make the changes necessary to place it at the service of the people, rather than allowing it to continue to prey on us.

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  • ECONOMICS

    On banks and bonuses

    • Andrew Hamilton
    • 16 January 2019
    6 Comments

    One of the issues raised at the royal commission into banks was the size of salaries and bonuses paid to senior staff. Subsequent discussion has tripped lightly around the issue. The larger question is whether it is in the best interests of financial institutions to offer to its senior officers huge salaries and bonuses.

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  • ECONOMICS

    The true lesson of capitalism

    • David James
    • 15 January 2019
    2 Comments

    One of the most basic distinctions in finance, with which any stockbroker or fund manager is familiar, is that between equity and debt. As the global economy teeters on the edge of a debt and banking crisis, with global debt more than 300 per cent of global GDP, the merits of equity is something that needs to be better understood.

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  • AUSTRALIA

    Confidentiality, Confession and the law

    • Andrew Hamilton
    • 12 December 2018
    15 Comments

    Victoria's government has promised legislation to force religious ministers to report information about child sexual abuse received in Confession, and called a royal commission after revelations a lawyer breached the professional duty of confidentiality to clients. The implications of these breaches of confidentiality deserve reflection.

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  • ECONOMICS

    Common good key to reversing trust deficit

    • Joe Zabar
    • 26 November 2018
    7 Comments

    Whenever institutional interests are put ahead of the legitimate concerns of others, including the poor and marginalised, there develops a trust deficit. This deficit is gripping institutions here and overseas. Its impact is deep and destructive. Facets of Catholic Social Teaching point the way to reversing the downward trend.

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  • ECONOMICS

    Women's economic security plan is no safety net

    • Eliza Berlage
    • 22 November 2018
    1 Comment

    The government finally released its women's economic security statement. The package is built around three pillars — workforce participation, earning potential, and economic independence — totalling $109 million dollars over four years. It is a drop in the ocean compared to what is needed to address the crisis of gender violence and substantial inequality.

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  • INTERNATIONAL

    Waking up to homelessness

    • Gillian Bouras
    • 19 October 2018
    11 Comments

    In London of the 1990s, I observed people sleeping under bridges, on doorsteps, in cardboard boxes. How they survived the winters, I never knew, and I suppose many didn't. Since the beginning of Greece's financial crisis in 2008 and the influx of refugees from the Middle East, similar scenes can now be seen in Athens.

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  • ECONOMICS

    Trump's thuggery is changing world finance

    • David James
    • 05 October 2018
    5 Comments

    That Trump is a narcissistic braggart was never in doubt. The more intriguing question was always how a businessman would behave once he became president. His administration sees business-style standover tactics as a thoroughly good option. The system-wide shifts that are resulting may have a lasting impact.

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  • MEDIA

    In defence of 'court jester' Mark Knight

    • Andrew Hamilton
    • 19 September 2018
    14 Comments

    The tradition of court jesters licensed to criticise the king exists in many cultures. It is part of a broader tolerance of satire in which the foibles and sins of the great can be safely criticised. The Shakespearian fools are typical in representing the view of the common man as he speaks truth to power. Printed cartoons stand in this tradition.

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  • ECONOMICS

    Lehman Brothers and the next GFC

    • Binoy Kampmark
    • 13 September 2018
    2 Comments

    It has been a decade since the banking aristocracy Lehman Brothers filed for bankruptcy in what would be the chant of doom that became the Global Financial Crisis. Today, the legacy of Lehman Brothers and the crisis it helped precipitate supply warnings of the next shock.

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  • MEDIA

    The complex origin of a black woman's anger

    • Catherine Marshall
    • 13 September 2018
    18 Comments

    If there's one thing we can learn from the Serena Williams debacle it is this: never dismiss marginalised people when they insist your interpretation of their experience is wrong.

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  • PODCAST

    Conversations Catholics need to have

    • Podcast
    • 06 September 2018
    5 Comments

    What does it take to grow in conversation, even and perhaps especially in difficult conversation? Can contemporary Christianity get past the moralism and step into areas of pain? In this final episode for the second season, theologian Fr Timothy Radcliffe discusses questions about Catholic identity, education and democracy.

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