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An often overlooked fact about the financial system is that it entirely depends on trust. When trust starts to evaporate, especially between the big players such as banks and insurance companies, the whole artifice is put into peril. Trust in the system is now at an extreme low and that points to extreme danger.
The fact is that money still buys a better service from the legal system, and to claim otherwise is to throw out the most basic principles of an economy. After all, if there were no benefit to be gained from backing up a truck full of money and tipping 30 or 40 grand a day into a team of silks, junior barristers and top tier solicitors, why would those with the means do it? To argue the contrary beggars belief. And if the observation is accepted, what does that tell us about the rule of law?
Using the term ‘colonisation’ in regard to Israel and its relationship to Palestine and its settlements in the West Bank is contested, with some claiming that the situation is not a perfect parallel to other colonial contexts throughout history.
In May 2019, Adani Ports entered into an agreement to construct, operate and transfer land held by the Myanmar Economic Corporation (MEC) military conglomerate for 50 years in an investment valued at US$290 million. Such corporate conduct has broader implications. Investing in Adani is not only environmentally unsound but imperilling of human rights.
Right now, there is a fight on for the future of the NDIS. On one side is the Federal Government, determined to have total control over the Scheme, and to change its very fundamentals. On the other side are disabled people across Australia, disability advocacy organisations, allied health workers and disability service providers, urgently telling them to stop.
After two years of often harrowing evidence from 450 witnesses and 10,000 submissions, the Royal Commission’s multi-page report has fallen short on a clear path to lasting and meaningful reform.
The events of the last few weeks have provided a devastatingly clear illustration of how far we are from upholding a substantive version of the rule of law in Australia.
Social media companies are adopting a strategy that may go down in history as among the worst corporate mistakes ever. Google and Facebook are now monopolies and, like all monopolies, they no longer see their main interest as serving customers but rather to capture governments in order to protect their market dominance.
'It's the value of the work, not the worker.' So said a government backbencher to me last week while I was speaking to him about the omnibus industrial relations (IR) Bill that has just passed the House of Representatives.
Instead of retaining its control of a fruit market, or preserving an oil monopoly, Facebook harnesses another resource: data. Any regulator or sovereign state keen to challenge the way the Silicon Valley giant gathers, monetises and uses that data will face their ire.
Last Thursday, Facebook blocked news content in Australia. Many of us had been expecting this in response to the News Media and Digital Platforms Mandatory Bargaining Code. But the breadth and severity of what occurred was brutal. The content blocked was not only that of large media companies. Public interest, not-for-profit, and religious media — many of whom rely heavily on Facebook to share messages with their readers — were blocked as well.
2021 is set to be a big year for women’s sports — dependent on COVID, of course. Yet, if you looked to the Australian mainstream media’s reporting and coverage of sports, there’s a fair chance you’d get an idea that women’s sports are happening far less than they actually are.
97-108 out of 200 results.