Keywords: Fina
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INTERNATIONAL
- 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
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
- 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
- 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
- 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
- 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
- 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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ECONOMICS
- David James
- 08 November 2021
4 Comments
The Glasgow United Nations Climate Change Conference has been advertised as an effort to focus on sustainable environmental solutions. What got much less attention, if any, is that it is probably at least as much about having a sustainable financial system. Many noted that China, did not send its leader: Xi Jinping, president of the world’s greatest CO2 emitter. There was also another significant absence: the financiers who are hoping to profit from the trillions allocated into climate change projects.
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ENVIRONMENT
- Greg Foyster
- 27 October 2021
8 Comments
After an excruciating few weeks of negotiations with the Nationals — and far too many hours subjected to Barnaby Joyce’s ramblings — the Morrison government has finally announced their predictably underwhelming plan to reach net zero emissions by 2050.
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ECONOMICS
- David James
- 12 October 2021
4 Comments
Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress.
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RELIGION
- Gideon Goosen
- 23 September 2021
60 Comments
The Final Report of the Royal Commission into Institutional Responses to Child Sexual Abuse identified clericalism as a significant contributor to abuse across religious institutions Australia-wide. Clericalism is rooted in a theological belief that the clergy are different to the laity, having undergone an ‘ontological change’ at ordination, and feeds the notion that the clergy may not be challenged. And according to the report, the culture of clericalism is on the rise in seminaries in Australia.
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ECONOMICS
- David James
- 07 September 2021
4 Comments
There is a three-way battle looming over the future of money and the stakes could scarcely be higher. Conventional money, mainly debt created by banks — the ‘folding stuff’ is only a tiny proportion of the total — is in trouble. Total global debt is now so large relative to the world economy it cannot be serviced, which is why monetary authorities have resorted to dropping interest rates. When they almost hit zero, the next step was quantitative easing (QE): printing money by getting the central bank to buy back government and corporate bonds and putting them on its ‘balance sheet’.
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