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Keywords: Investment

  • RELIGION

    Who cares for lonely white Muslim converts?

    • Irfan Yusuf
    • 24 June 2015
    10 Comments

    A poorly-organised ill-resourced minority community often feels it has better things to worried about than 'white' converts who, like converts to any faith or belief system are known for their zeal. If the government really imagines young Muslims and converts are ripe for 'radicalisation', an excellent investment they could make would be in support services for new Muslims. In our lucky country, there is much loneliness in this group and many reasons to feel marginalised.

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  • ECONOMICS

    Why the rich are getting richer

    • David James
    • 19 November 2014
    6 Comments

    Investing capital in the production of goods and services may create jobs, but it's not the best way to make money. It's more profitable to manipulate the financial system to create more money from money, which is why the finance sector does so well. The polarisation of wealth is less extreme in Australia, but we have our own capital-driven Ponzi scheme - the residential property market, which has become an exercise in making money out of money. 

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  • RELIGION

    Which bishop is challenging the bank on fossil fuels?

    • Jill Sutton
    • 12 November 2014
    3 Comments

    There has been an avalanche of divestment, including from the Rockefellers and the ANU, as they discern a lack of concern for environmental, social and governance issues. Shareholders attending Wednesday’s Commonwealth Bank AGM will hear a resolution requesting more transparency about the bank’s fossil fuel investments. But the bank’s response can seem like a game whose rules only become clear to its participants as they play it. Banks and other powerful organisations can still exploit any lack of clarity. 

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  • AUSTRALIA

    Who wants to be a capitalist?

    • Moira Rayner
    • 31 October 2014
    11 Comments

    Affordable housing ought to be a hot election issue. Sadly it’s not a government priority, with ordinary people being taught to be entitled to look to capital growth in bricks and mortar as the best path to financial security. That is producing a housing price bubble and public housing is being squeezed. As a result, an increasing number of Australians can’t afford to put a roof over their head.

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  • AUSTRALIA

    Weighing ANU's coal play

    • Andrew Hamilton
    • 30 October 2014
    11 Comments

    When the ANU sold its shares in coal companies recently, it received a mixed response. Critics said investment decisions should be made solely on financial grounds. But investing is done by human beings, who should be guided by their effects of their investment on other human beings, not simply by the profit it brings them. 

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  • AUSTRALIA

    Quality childcare an investment in the future

    • Lin Hatfield Dodds
    • 17 October 2014
    4 Comments

    Children of the 1980s are likely to have been cared for full-time by a parent. But most of them are now combining parenting with paid employment as they become parents today. The Productivity Commission has been asked to make childcare and early learning services affordable and flexible, to ensure children don't get in the way of workforce participation. But the other priority, which is perhaps easier to ignore, has to do with the quality of care and learning offered. 

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  • ECONOMICS

    SMSFs offer 'pension fund socialism'

    • 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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  • AUSTRALIA

    Hearts in the right place during NAIDOC Week

    • Frank Brennan
    • 08 July 2014
    8 Comments

    The prime minister stumbled last week when he said: 'I guess our country owes its existence to a form of foreign investment by the British government in the then unsettled or, um scarcely settled, Great South Land.' His Indigenous advisor Warren Mundine said: 'I know his heart is in the right place.' With hearts in the right place, we can all forgive and be forgiven.

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  • AUSTRALIA

    The capitalist and the Pope share a common enemy

    • Michael Mullins
    • 23 June 2014
    6 Comments

    Earlier this month, Pope Francis once again blasted capitalism. But it is not true that all business leaders dismiss those who appear chronically unproductive. Thursday's Vinnies' CEO Sleepout included investment bankers and other capitalist 'true believers', and now venture capitalist Mark Carnegie is proposing a war against growing inequality and disengagement, as if he is on a unity ticket with the Pope.

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  • AUSTRALIA

    Australia slips in generosity ranking

    • 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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  • ENVIRONMENT

    Coal hard facts for religious investors

    • Neil Ormerod
    • 11 February 2014
    12 Comments

    The international movement to divest from investment in fossil fuels is gathering momentum. Investors are starting to realise that as governments act to restrain fossil fuel consumption, fossil fuel companies will find their assets being written down. This is particularly pertinent to Australia, the second largest coal exporter. And it raises questions for Australian religious bodies about the prudent and moral use of their resources.

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  • AUSTRALIA

    Pro-business governments reversing Eureka Stockade achievement

    • Michael Mullins
    • 03 December 2012
    10 Comments

    Today is the 158th anniversary of the Eureka Stockade rebellion, often seen as the source of our ‘fair go’ ethos. Wealthy landowners and businessmen controlled the government, as they do today. Governments anxious for private sector investment give free reign to James Packer and others, at cost to the common good.

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