Keywords: Five Billion Years
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- Frank Brennan
- 08 July 2015
3 Comments
I suspect Pope Francis had some of our Jesuit alumni in mind when he wrote in his encyclical Laudato Si: 'A politics concerned with immediate results, supported by consumerist sectors of the population, is driven to produce short-term growth... True statecraft is manifest when, in difficult times, we uphold high principles and think of the long-term common good. Political powers do not find it easy to assume this duty'.
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ARTS AND CULTURE
- Gillian Bouras
- 23 June 2015
6 Comments
My youngest son, who lives in central Athens, is on the phone. ‘What do you think I should do with my money?’ he asks. The New York Times likens Europe and Greece to two prize-fighters, but I suspect that this is a male take on the matter. The women on the scene, Chancellor Angela Merkel and IMF chief Christine Lagarde, are more or less playing the part of the firm mother to naughty, quarrelling boys.
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AUSTRALIA
- Paul Jensen
- 29 April 2015
11 Comments
Too often, faced with increasing complexity and professionalisation, the Church has backed away from engaging people with mental illness, thereby, unintentionally further marginalising them. But research indicates that local parishes and faith communities may have an important role to play as they seek to live out the gospel and practice the principles of Catholic Social Teaching.
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AUSTRALIA
- Brian Toohey
- 27 March 2015
6 Comments
Although the age pension will cost about $49 billion in 2017-18, it is means tested. In contrast, superannuation concessions are heavily biased in favour of high income earners. Both sides of politics pander to the wealthy and the cosseted finance sector, which want certainty that nothing will stand in the way of their super bonanza.
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AUSTRALIA
- Philip Mendes
- 17 March 2015
2 Comments
There are currently two national inquiries into the experiences of children in out-of-home care. Yet neither is specifically exploring what happens to young people transitioning from care. This is like a football team putting in a good performance in the first half but neglecting the second, which decides the outcome.
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AUSTRALIA
- Paul O'Callaghan
- 12 December 2014
14 Comments
As we prepare to mark the tenth anniversary of the Boxing Day tsunami, Australia's proud achievement in being the largest per capita provider of overseas aid at the time is being overshadowed by reports of further devastating government cuts to our aid program. Successive cuts - including 20 per cent in the May Budget - mean that we are starting to be seen as a country turning inwards.
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ECONOMICS
- David James
- 13 October 2014
7 Comments
Federal Finance Minister Mathias Cormann announced 'the scoping study found no evidence that premiums would increase as a result of the sale' of Medibank Private. But the sale is being presented as a way to make the fund more efficient. If successful, Medibank Private will become even more dominant than it is at present and there will be pressure to raise premiums to achieve its purpose of keeping shareholders happy.
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MARGARET DOOLEY AWARD
- Harry Maher
- 20 August 2014
14 Comments
Inequality is dangerous. And inequality is at a near all-time high. At its core, the Government’s recent budget not only engenders but actively exults in the creation and maintenance of inequality, a phenomenon rapidly expanding not just in Australia, but around the world.
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ECONOMICS
- David James
- 13 August 2014
1 Comment
In 1976 management thinker Peter Drucker said the real owners of the stock market were workers, through their pension funds. A similar broadening of ownership has occurred in Australia since the creation of compulsory superannuation. But intermediaries called fund managers still stood between the people and ultimate control of their financial destiny, until the rise of the Self Managed Super Fund (SMSF).
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ECONOMICS
- Brian Toohey
- 11 June 2014
15 Comments
The superannuation industry inhabits a cosseted world in which the money pours in thanks to a combination of government compulsion and tax concessions. The foundations of this empire are criticised for how the tax concessions create an expensive form of upper class welfare, and for the harmful effect of compulsory super's artificial expansion of the finance sector. The Abbott Government shows scant concern about either aspect.
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AUSTRALIA
- Paul O'Callaghan
- 23 May 2014
6 Comments
Last week the Federal Government committed to a much smaller and 'just in our neighbourhood' aid program for the long term. This major shift sent a perplexing signal to the world, with Australia abandoning Africa's poorest at a time when Australian mining investment in Africa continues to boom.
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INTERNATIONAL
Despite the bloodletting of last week's budget, the Australian Government could still find some 12 billion dollars for 58 Joint Strike Fighters. This is part of the reality of the Asian Century. Australia will need statesmen and women of the highest calibre, but ultimately a lasting peace requires all nations to act together to create an international order that is actually ordered.
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