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Keywords: Global Financial Crisis

  • ECONOMICS

    The crash of the can market

    • Julian Butler
    • 18 February 2009
    6 Comments

    Some of the soup van's clients collect cans to sell to a scrap dealer. The work supplements their welfare income and provides a sense of fulfillment. Since the global market crash business has been slow: 'China doesn't want aluminium now.'

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  • ECONOMICS

    A frugal Christmas story

    • Margaret Rice
    • 16 December 2008
    3 Comments

    This time of year is marked by a fraught pre-Christmas anxiety, exacerbated this year by the economic crisis. My daughter Rachel lost her part-time job last week. Her loss is slight compared to her employer's, a young mother who works in the finance industry.

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  • AUSTRALIA

    Rudd's random acts of political kindness

    • Michael Mullins
    • 15 December 2008
    3 Comments

    As Kevin Rudd ends 2008 and his first year on a high, it seems he's every bit the trickster John Howard was. We're heading into one of the worst recessions in living memory, yet the government leapt to a six month high in last week's Newspoll. 

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  • ECONOMICS

    Workers' solution for fallen childcare empire

    • Cameron Durnsford
    • 03 December 2008
    4 Comments

    After the 2001 Argentine economic disaster, workers' collectives organised to autonomously run their enterprises. The collapse of the ABC Learning empire should not be seen as a total calamity, despite the obvious potential for fallout.

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  • ARTS AND CULTURE

    The sinking of WA Inc.

    • Mark Skulley
    • 03 December 2008
    1 Comment

    The hand-in-glove nature of Perth business politics was hard to detect when money was cheap. Australia had a credit boom between 1983–1985, but the days of easy money faded. Then came the king wave: the sharemarket crash. (April 1991)

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  • AUSTRALIA

    Fashion fix won't mend failed states

    • Michael Mullins
    • 01 December 2008
    1 Comment

    A fashion magazine proposed that 'blowing the budget on something outrageously extravagant will let you know you're still alive'. There is a place for fantasy during financial hard times, but there are also good reasons to act decisively.

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  • ECONOMICS

    Imagination spent on global financial solutions

    • Colin Long
    • 27 November 2008
    20 Comments

    The outcomes of the G20 meeting this month demonstrate the limited vision of many of the world's politicians in confronting the global financial crisis. If our leaders can't imagine a different future, it is up to us to do so.

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  • AUSTRALIA

    Virtue regained amid market bloodshed

    • Andrew Hamilton
    • 06 October 2008
    1 Comment

    More people read Inferno and Paradise Lost than Paradiso and Paradise Regained. Perhaps that is why the financial crisis and attempts to resolve it have been received so sullenly: sin and punishment sell better than virtue and reward.

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  • RELIGION

    The wage of sin is the death of the market

    • Andrew Hamilton
    • 25 September 2008
    14 Comments

    It is interesting that the Churches have had little to say about the financial crisis and the behaviour that caused it. After all it has put at risk the lives of people throughout the world no less than abortion, euthanasia or gambling.

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