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Keywords: Reserve Bank

  • ECONOMICS

    Which party really has the economic smarts?

    • David James
    • 13 August 2013
    3 Comments

    As the China boom fades Australia is experiencing a delayed version of the GFC, without the banking crisis. Until now we've been reasonably well served by both sides of politics, in terms of macro-economic strategy. Now we require a way of dealing with more mundane economic issues like productivity and efficiency. Neither side has many good ideas about how to achieve the required structural shifts.

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  • ECONOMICS

    How financial devils came to rule the universe

    • David James
    • 05 June 2013
    7 Comments

    Religious authorities may not spend a lot of time pondering the nature of global financial systems, but the Pope's recent comment that 'money has to serve, not rule' suggests it can be useful when they do. Given scope to become rule makers, rather than just people who know how to exploit the rules, financiers have moved themselves to a position of mastery.

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  • AUSTRALIA

    'Lame duck' governments and democracy

    • John Warhurst
    • 06 May 2013
    15 Comments

    The Coalition's characterisation of the Gillard Government as a lame duck is a tactic to slow down decision-making over the next four months. A government has every right not just to keep the wheels turning but to continue to try to implement its program even if it is just trying to improve its chances of re-election.

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  • ECONOMICS

    Best of 2012: The upside down world of global capital

    • David James
    • 09 January 2013
    1 Comment

    Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening. Monday 27 August 

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  • ECONOMICS

    Debunking the global financial con job

    • David James
    • 12 November 2012
    12 Comments

    Even after the most dangerous financial crises ever seen, finance industry lobbyists still argue that the sector should not be too heavily regulated as that would be counterproductive. This is nonsense. Money is rules. It is a question of who sets the rules and what kind of rules they should should be.

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  • RELIGION

    Mabo 20 years on

    • Frank Brennan
    • 29 October 2012

    'Though land rights and self-determination provide no utopia for the contemporary indigenous Australian community, they have belatedly put right an ancient wrong. The cost and inconvenience are unavoidable. Terra nullius is no longer an option.' Full text is from Fr Frank Brennan's keynote speech at the Central Queensland Law Association Conference, Mercure Capricorn Resort, Yeppoon, 27 October 2012.

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  • ECONOMICS

    The upside down world of global capital

    • David James
    • 27 August 2012
    5 Comments

    Money is not like water, that 'flows' around the world, reaching 'equilibrium', or experiencing 'volatility'. It is transactions between people, based on trust. It enables the cooperation that forms the basis of social life. Human beings should be at the centre. Yet that is the opposite of what is happening.

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  • RELIGION

    The truth about the Vatican's money

    • Paul Collins
    • 15 August 2012
    35 Comments

    People often talk about the 'enormous wealth of the Vatican'. Some think the Vatican owns all the Church's worldwide real estate, others that all that art could be sold for the poor, others that the Vatican is corrupt and busy laundering vast sums of Mafia money through the 'Vatican Bank'. Now for the first time we have some hard facts.

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  • RELIGION

    Crisis of trust in the Vatican

    • Andrew Hamilton
    • 05 July 2012
    34 Comments

    The many bad stories about the Vatican raise questions about how central authority is exercised. Some critics focus on arrogance and misbehaviour there in the way that others see these behaviours in News Limited, the Greens, the Unions, and elsewhere. To address the way people in any organisation behave, you must first understand why they act as they do.

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  • AUSTRALIA

    Wayne Swan, Clive Palmer and the gospel of wealth

    • Binoy Kampmark
    • 09 March 2012
    10 Comments

    Mining in Australia has assumed the mantle of the untouchable, so much so that taxing its proceeds is deemed by some to be unpatriotic. What matters to Swan is maintaining the idea, however illusory, that Australia remains an equal country. 

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  • RELIGION

    Faith and famine: The new Irish who call Australia home

    • Frank Brennan
    • 30 August 2011
    3 Comments

    The faith of the Irish in politics, economics and religion is at a low ebb, and for the most understandable of reasons.  It is not a famine, but it is mighty grim. There are tens of thousands coming here under the  457 visa and the Irish Working Holiday Visa.

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  • AUSTRALIA

    Australia's mining menace

    • Steven Littlewood
    • 17 June 2011
    14 Comments

    To view the mining sector as central to the welfare of the economy is a furphy. The mining industry is not supporting other sectors of the economy, it's holding them back. Even in the states where mining dominates, the positive effects of the industry boom on the wider economy are questionable.

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