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Keywords: Fina

  • ECONOMICS

    Can financial fictions survive reality?

    • David James
    • 31 May 2022
    2 Comments

    As commodity prices and inflation soar in the ‘real’ world we may be witnessing a prelude to another 2008-style crisis triggered by the foreign exchange markets. The risks certainly look similar and can be described with a simple question. Can the fictions produced by out-of-control financial actors survive reality? 

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  • ECONOMICS

    Out-of-control house prices requires a different approach

    • David James
    • 11 May 2022
    4 Comments

    In purely economic terms, the upcoming Federal election is extremely unusual. The shut down of the Australian economy for almost two years because of health measures really has no precedent in our history. Only war can produce that type of shock. The Federal government’s financial response was as extreme as the state of emergency measures, including a sharp increase in Australian government debt. It remains to be seen, however, if the government gets much credit for injecting so much free money into the economy. It is unlikely.

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  • INTERNATIONAL

    Elon Musk’s Twitter bid exposes ‘financially strange’ media ecosystem

    • David James
    • 19 April 2022
    2 Comments

    Elon Musk’s proposed hostile takeover of Twitter will be a fascinating battle that will have consequences far beyond the stock market. It is exposing just how financially strange social media and conventional media have become. 

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  • RELIGION

    Reforming the Roman Curia

    • Brian Lucas
    • 29 March 2022
    12 Comments

    Prior to the conclave that elected Pope Francis, the Cardinals who met together identified the need for a reform of the Vatican finances and a broader reform of the Roman Curia. Shortly after Francis was elected, work began on the reform of the Roman Curia. There was wide consultation including with the various bishops’ conferences around the world.

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  • ECONOMICS

    How will Russia sanctions impact the global economy?

    • David James
    • 22 March 2022
    5 Comments

    Russia’s invasion of Ukraine has led to severe financial sanctions being imposed on the country that are likely to have lasting consequences. Problem is, they may not be the ones the sanctioners are expecting. They may even come to regret what they have done.

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  • INTERNATIONAL

    Let slip the dogs of war: A tale of futility and bloody-mindedness

    • Dorothy Horsfield
    • 22 March 2022
    8 Comments

    Moscow-based Director of the Russian International Affairs Council (RIAC)Dr Andrei Kortunov warned of its tragic consequences for Russia in an article published four days before the launch of his country’s invasion of Ukraine. The de facto partition of Ukraine, he said, as a result of the Kremlin’s recognition of the independence of the People’s Republics of Donetsk and Luhansk, will signify ‘the final formalisation of the division of Europe’ from which there may be no easy retreat.

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  • RELIGION

    Facing the final innings

    • Joel Hodge
    • 17 March 2022
    21 Comments

    While we have been (barely) coping with a pandemic and natural disasters, the death of a larger-than-life figure like Shane Warne — an ordinary-bloke-cum-sporting-legend, an ever-present companion to Australian audiences, and seemly untouchable — has really brought home the fragility of life. It has drastically reminded us of our mortality: that we don’t live forever.

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  • ENVIRONMENT

    Debate escalates over controversial nuclear waste storage site

    • Michele Madigan
    • 15 March 2022
    12 Comments

    The long conflict between the federal government plan for a national radioactive waste facility in South Australia and the opponents of the plan has continued to escalate in the past months. On 19 November, Kimba on SA’s Eyre Peninsula was declared South Australia’s Agricultural Town of the Year. Notwithstanding this significant honour, on 29 November the federal Minister for Resources Keith Pitt finally made the formal declaration that Napandee in the Kimba district was the chosen site for the proposed federal radioactive waste dump.

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  • AUSTRALIA

    Juvenile injustice

    • Julian Butler
    • 22 February 2022
    5 Comments

    Having previously spent time as lawyer working predominantly in the Children’s Court of Victoria, there isn’t too much about the State’s treatment of young people that shocks me. That is, until a few weeks ago when I was drawn to the final item of The Weekend Australian’s editorial column. Under the heading, ‘Hurt boy’s inhuman treatment’, was set out the details of a 15-year-old West Australian boy who had been ‘locked alone in a glass-walled observation cell of a juvenile detention centre in the southern suburbs of Perth for 79 days.’    

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  • RELIGION

    The final form of love

    • Simon Smart
    • 04 February 2022
    10 Comments

    How are your New Year’s resolutions going? One that probably didn’t make the list was: forgive more. But maybe it should have. I recently met a couple, Danny and Leila Abdallah, who have a compelling story to illustrate that, while challenging, forgiveness offers unexpected rewards. I interviewed them for a podcast and can’t stop thinking about them.

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  • ECONOMICS

    The rise of the machines

    • David James
    • 31 January 2022
    5 Comments

    There is a great deal of commentary about the growing importance of artificial intelligence, or AI, especially in business circles. To some extent this is a self-fulfilling prophecy — if people think something will have a seminal effect then it probably will. But if the supposed commercial benefits are significant, the dangers are potentially enormous.

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  • ECONOMICS

    Why Australia’s rural sector is ripe for financial reform

    • David James
    • 06 December 2021
    4 Comments

    If Australia does draw back from globalisation — as opposed to trade, which will continue — then there should be more focus on our primary sector and how it could be better financed. Australia’s long history as a primary producer constitutes what economists call a ‘comparative advantage’: an economic area in which a country does best while giving up the least.

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