Eureka Street

Keywords: Pension Assets

ENVIRONMENT

Leaders out of step with their faiths' climate teaching
- Thea Ormerod
- 17 November 2016
9 Comments
The evangelical Christian vote no doubt assisted the climate-denying Trump to his election victory, yet it is remarkable how out-of-step it is with the general view of faith communities globally. This view was made abundantly clear the day after Trump's victory on 10 November, with the release of an Interfaith Statement in Marrakech, Morocco, and it should stand as a challenge to those in public life who continue to block climate action.
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ECONOMICS

Rich retirees may need the aged pension
- David James
- 31 July 2015
6 Comments
There has been great pressure on both of the major political parties to stop giving so-called rich retirees partial pension income. The conventional view has become that retired millionaires should not be feeding off the public teat. But in terms of income, many of those 'rich retirees' would actually be better off on the pension.
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AUSTRALIA

Budget must move beyond political fetish
- Fatima Measham
- 12 May 2015
3 Comments
The practice of presenting the budget to parliament came out of a crisis. In 1733, British Prime Minister Robert Walpole's announced plan to impose an excise tax on wine and tobacco was met with outrage. It reflects the reality that budget presentation did not start out as a neutral exercise in transparency but rather a mishandled piece of political communication.
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AUSTRALIA

McClure Report a challenge for the new Scott Morrison
- Brendan Long
- 02 March 2015
5 Comments
As the freshly minted Social Services Minister, Scott Morrison has moved quickly to soften the tough stance he took in the Immigration portfolio. But it won't necessarily be easy. Patrick McClure has presented him with a massively controversial report on welfare reform which, if acted upon, would significantly reduce the incomes of a million marginalised Australians.
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ECONOMICS

Super's evil empire on shaky ground
- Brian Toohey
- 11 June 2014
15 Comments
The superannuation industry inhabits a cosseted world in which the money pours in thanks to a combination of government compulsion and tax concessions. The foundations of this empire are criticised for how the tax concessions create an expensive form of upper class welfare, and for the harmful effect of compulsory super's artificial expansion of the finance sector. The Abbott Government shows scant concern about either aspect.
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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

The age pension was fairer than super
- Brian Toohey
- 02 April 2012
8 Comments
Paul Keating says he changed superannuation from an elite system to one which would include 'the bloke running behind the garbage truck'. But a new elite has left the garbo in the dust. Labor's core constituency and the economy would be much better off with the age pension rather than super.
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ECONOMICS

The chuckling economist
- Bronwyn Lay
- 05 January 2009
3 Comments
On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face. (October 2008)
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ECONOMICS

The chuckling economist
- Bronwyn Lay
- 13 October 2008
16 Comments
On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face.
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AUSTRALIA

Engaging the enemy
- Peter Hartnett
- 31 May 2006
Social policy advocates equip themselves for the economic debate
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INTERNATIONAL

More than small change
- Janet Palafox
- 24 April 2006
Microcredit relief for the poor
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Keywords: Pension Assets