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Treasurer Josh Frydenberg's attack on banks for failing to pass on the full rate cut to consumers is a political distraction. There are two clear signals coming out of the latest cut. First, monetary policy is not enough to spark a revival of the economy. Second, it's now all about jobs. Frydenberg and his officials would be wise to heed these signals.
This tiny nation isn't just at risk of physically disappearing because of rising sea levels. It's also at risk of disappearing politically and culturally. Kiribati's shaky future raises the unprecedented question of what could happen to its sovereignty if — or when — it physically disappears. Can a nation still exist without an actual country?
The problem with the discussion about nuclear energy is that it is a distraction; an ideologically driven misdirection by those who are more concerned with opposing renewables and the 'green-left' than solving our country's energy problems. Nuclear just doesn't make sense for Australia at this stage of the game.
All of this has the hallmarks of danger. Previous US administrations have been cavalier with using stretched evidence, to justify military action. The region still labours with the fantasies that drove the US-led invasion of Iraq in 2003. The dangers of misreading also extend to the cognitive failings of US foreign policy in the Middle East.
One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.
While the current economic climate is cause for concern, it is not the time to panic. A more sensible alternative to austerity is for governments, business, unions and charities to look for ways we can together soften the impact of any global downturn. This will require bipartisan agreement to sacrifice some or all of the budget surplus.
In an age where destruction of eco-systems is occurring at a fast rate and sanctioned by governments, these absurdities are lethal for collective humanity. Non-Indigenous support for the Embassy and trees reflects a desire to reverse the absurd lie that human culture and nature are not in a continual, intergenerational relationship.
At stake here is who takes responsibility for sector development in the arts as both a cultural and an economic good. Because right now, there is no national organisation or government agency whose role it is to take a responsible, long-term, national view, making sure there are programs in place to address key priorities.
Five years ago I woke in the middle of the night and wrote a letter to myself about climate change. 'The world around you no longer exists. The conditions that created it have already changed and the society you know remains the same only due to inertia.' Now I know I'm not the only one who's lain shuddering with this awful premonition.
A Green New Deal in Australia would mean a stronger commitment to a government-led rapid transition to renewable energy and cleaner transport, with clear programs to support transition to well-paid green jobs in places that previously relied on resource extractive industries. This isn't necessarily as expensive as it sounds.
In addressing these issues as priorities, I would argue for not focusing on big ideological statements or on a one-size fits all climate policy, but rather invest in the resilience and adaptability of a capitalist/consumer system to meet our environmental concerns.
People are lacking inspiration and courage. So right now, what we need is a solution as big as the problem we're trying to solve, and the best idea on the table is a 'Green New Deal' that combines action on climate change with tackling inequality.
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