Keywords: Finance
There are more than 200 results, only the first 200 are displayed here.
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RELIGION
- Andrew Hamilton
- 19 May 2016
13 Comments
The bishops speak less trenchantly than Pope Francis, who criticises sharply the assumptions and practices of neoliberal economics. But in the context of this election, they add their voice to that of those who are concerned about economic assumptions that enrich the few and exempt corporations and business from social responsibility. Their statement will encourage those who see the now notorious behaviour of banks, finance business and corporations as symptomatic of a vicious economic ideology.
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ARTS AND CULTURE
The sound of my old yard broom, worn bristles rasping the brick path, wet with last night's rain, picks at a faint memory that grows louder with each stroke, and carries me back across borders of seasons, lives and landscapes, to a time of rubbing gumboots sucking through the quickmud, hands hugging mugs of steaming tea, the uphill heartbeat of the engine, the baby bleating of hungry calves, voices cussing and coughing, and the scrape of yard brooms pushing back the tide of muck ...
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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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ECONOMICS
- David James
- 18 April 2016
11 Comments
Three finance-related events are currently gaining great attention in the media. One is the so-called Panama Papers. Another is the proposal to have a royal commission into the banks. And a third is the furore over the unaffordability of homes and the debate over negative gearing. On the surface they would seem to be quite separate issues. But all three issues demonstrate yet again that banks are, if not the most malign organisations on the planet, then certainly among the most dangerous.
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INTERNATIONAL
- Catherine Marshall
- 04 April 2016
2 Comments
When suicide bombers struck Brussels, I was travelling far from home, in southern Italy. The news evoked in me a sense of vulnerability, for within days I would board a series of flights from Reggio Calabria to Rome to Abu Dhabi and then Sydney. For a moment, it seemed the terrorists had achieved what they set out to do: spread fear and distrust far beyond the site of their attacks, across countries and continents and oceans so that eventually the whole world would be infected.
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AUSTRALIA
- Gabriela D'Souza
- 02 March 2016
5 Comments
Social impact bonds are a type of impact investing: investing for results. A community service provider who wants to pilot or scale up an existing program can use SIBs to finance their projects. A bond issuer makes the SIBs available to private investors, who will receive the principal with interest if the program attains a predetermined success rate. While modified versions of this model are being trialled in NSW, the heartbreaking fourth season of HBO's The Wire sheds light on how they might work.
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ECONOMICS
- David James
- 26 February 2016
8 Comments
It is not often that federal political parties exhibit courage. Labor's decision to change the rules on negative gearing is a rare instance. It targets what is most dangerous and unfair in our financial system. Expect howls of protests from powerful lobby groups if it ever looks like becoming policy. But these changes alone won't be enough to deal with the ills of the financial system. While they are designed to target the bias away from productive investment, they won't remove the attraction towards property.
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INTERNATIONAL
- J. R. Hennessy
- 19 February 2016
24 Comments
The aftershocks of the late-century push for liberalisation and the GFC have bred generations of dislocated voters who seek answers outside of the limited solutions of centrist governance. This provides ample opportunity for true progressive change, as seen in Europe and Latin America, and now the US and UK. Where's Australia? Nowhere to be seen. It is hard to imagine a truly progressive candidate emerging from our ossified political structures. There are a few reasons for this.
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ECONOMICS
- David James
- 15 December 2015
3 Comments
In the early 1990s, America, Europe and Japan accounted for about 90 per cent of world GDP. Now, they account for less than half. The BRICs and other developing nations have grown steadily (in China's case spectacularly) while Europe has stagnated and America has sputtered at best. Recent developments in the geopolitics of fossil fuels and in finance confirm the perception that the rise of China and the developing world spells the end of US global hegemony. Against this backdrop, the narrative of the West has grown increasingly incoherent.
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ENVIRONMENT
- Paul Fyfe
- 11 December 2015
2 Comments
Twenty years ago I was hopeful that countries would take strong and sensible action to address climate change, just as we had in 1987 when we faced the major depletion of the ozone layer. The following years slowly erased this hope. The Church did not do enough to stem disappointment, or to affirm that 'stewardship' alone was not going to provide sufficient grounds for the needed changes. By 2010 I was resigned to devastation. But Pope Francis has provided me with a ray of hope.
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INTERNATIONAL
- Bronwyn Lay
- 10 December 2015
3 Comments
Located in Paris in the aftermath of the attacks, COP21 spookily mirrors how climate change politics occurs within complex and pre-existing power structures that determine its effectiveness. Social and environmental wars merge with increasing intensity: from Syria to the Arctic, from Indonesia to Paris. Climate change complexity matches the complexity of terrorism. Causal chains of social conflict are as complicated as carbon movements that result in environmental distress.
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INTERNATIONAL
- Tony Kevin
- 09 November 2015
8 Comments
The US unipolar moment is ending. Real multipolarity is upon us, with Russia, China, India, Brazil, South Africa and Iran testing new multipolar arrangements for sharing world power. The US fears these changes, and would prefer to corral everybody back into the familiar bipolar camps of the past. This would be a disaster. Australia will benefit from a stable rules-based multipolar world, and our foreign policy can help build it. But we are going to have to take a few calculated risks along the way.
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