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Keywords: Money

  • ARTS AND CULTURE

    Sherpa Spring challenges Western privilege on Everest

    • Tim Kroenert
    • 31 March 2016

    If Peedom was expecting to find signs of a growing sense of self-agency behind the docile facade of the legendary 'Smiling Sherpa', she couldn't have predicted a rawer or more tragic scenario against which it would play out. Predictably the turn of events does not sit will with the Western climbers and tour operators, who feel that the outlay of time and money, not to mention the 'bucket-list' imperative to conquer the peak, entitle them to proceed. Polite facades peel away to reveal ugly attitudes.

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  • MEDIA

    CommInsure exposé proves spin doesn't always win

    • David James
    • 16 March 2016
    7 Comments

    Most spin doctors are either former journalists, who have personal experience in how the industry works. If a story appears in the media, it is more often than not because some spin merchants want it to be there. Happily, there are exceptions. Gold Walkley winner Adele Ferguson did a brilliant exposé of the insurance industry that was definitely not on any spin doctor's agenda. Indeed it was a demonstration that spin has its limitations if the journalist is skilled enough to get beyond the wall.

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  • ECONOMICS

    Labor's negative gearing heroics alone won't save us

    • David James
    • 26 February 2016
    8 Comments

    It is not often that federal political parties exhibit courage. Labor's decision to change the rules on negative gearing is a rare instance. It targets what is most dangerous and unfair in our financial system. Expect howls of protests from powerful lobby groups if it ever looks like becoming policy. But these changes alone won't be enough to deal with the ills of the financial system. While they are designed to target the bias away from productive investment, they won't remove the attraction towards property.

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  • ECONOMICS

    Consequences loom for global debt binge

    • David James
    • 19 January 2016
    11 Comments

    Low interest rates tend to change the understanding of risk; having high debt seems to be less of a problem because the cost of servicing it is lower. This cavalier attitude has been especially evident in Australian households, which have racked up more debt relative to the size of the economy than any other country in the world. The massive appetite for debt has been replicated across the globe. The world may have survived the era of casino money - just - but it is now facing another crisis.

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  • ARTS AND CULTURE

    My own personal recession

    • Isabella Fels
    • 18 November 2015
    5 Comments

    My recession digs deep. In many ways I cannot take a leap as I would if I had heaps of money. How I would love to buy all sorts of goodies and never deny myself anything! How I wish I could be given a handout and make easy money, and throw money around everywhere I go! I feel myself learning the value of money the more I yearn for the dollar. In many ways it makes me feel stronger to make my money last longer, rather than constantly being lured by the dollar, and being easy fodder.

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  • MEDIA

    Images the catalyst for action but not change

    • Ellena Savage
    • 11 September 2015

    There are few activities more unsettling than viewing the bodies of deceased children. But I'm not convinced that visual tokens of suffering, shared within safe, affluent settings, change much. A photo can suggest that a woman is abused by her partner and motivate people to donate money to a charity. But it won't make anybody voluntarily give up the privilege that fostered the pain.

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  • AUSTRALIA

    What's an older person's life worth?

    • Andrew Hamilton
    • 24 August 2015
    12 Comments

    NT Health Minister John Elferink recently argued that the money spend on the health of the elderly — a million dollars for each person — would be better spent on children. Many Australian politicians and health administrators would secretly sympathise. But underlying this is the twin assumption that the life of an older person is of less value than that of someone who is younger, and that people’s value is measured by their economic contribution.

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  • AUSTRALIA

    Political donations reform is not so easy

    • Jack Maxwell
    • 29 July 2015
    5 Comments

    Political donations give privileged access to powerful public officials to those who are wealthy. But public funding does little to reduce parties’ reliance on private money and radical control measures can fall foul of the Constitution. A 2013 High Court judgment finding that a ban on donations infringed the constitutional freedom of political communication.

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  • AUSTRALIA

    Pope's pungent pontification against greed

    • Andrew Hamilton
    • 20 July 2015
    14 Comments

    As high level negotiators left the air foetid in Europe and Australia, South America was scented rather more freshly, with Pope Francis ahead in the stakes of providing hope for humanity. He delivered a fiery denunciation of modern capitalism, declaring modern capitalism's 'unfettered pursuit of money' the 'dung of the devil' and accusing world leaders of 'cowardice' for refusing to defend the earth from exploitation.

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  • ARTS AND CULTURE

    Greeks suffer as leaders quarrel

    • 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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  • ARTS AND CULTURE

    Painful memories of my schooldays

    • Isabella Fels
    • 27 May 2015
    9 Comments

    It was a place of torture, with great physical and mental pain. I remember being hit at with a hockey stick. I was forced to stoop, in all sorts of ways. All my efforts came to nothing, even when I gave the girls money to buy lollies, and lent them my Sweet Dreams teenage romance novels.

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  • AUSTRALIA

    The wisdom of humane prison design

    • Mathew Drogemuller
    • 24 April 2015
    5 Comments

    The tougher the prison is, the tougher the prisoners will get, just to survive. Then, when they are released, all they know is crime and the only people they know are criminals with no money. But it doesn't have to be that way, as Norway's 'no bars' Halden facility demonstrates with its ensuites and flat screen TVs that mirror life 'on the outside' as far as possible.

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