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Keywords: The Financial

  • AUSTRALIA

    Families dazed by the running of the bills

    • Barry Gittins
    • 10 April 2018
    3 Comments

    Parenting is expensive, financially and emotionally. I would be fibbing if I didn't acknowledge the love and pride we receive from laughing with our progeny. Seeing them grow. But I'd be lying if I didn't acknowledge that being a mum or dad can be hazardous to your financial, social, sexual and physical health.

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  • ECONOMICS

    Where is money headed?

    • David James
    • 30 July 2017
    2 Comments

    The daily fluctuations of financial markets and the fractious debates over economic policy are concealing something deeper and much more disturbing. The future of money itself is in question. A decade after world banking almost collapsed in the global financial crisis, the questions raised have not been answered.

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  • AUSTRALIA

    Winter Raffle 2017 Winners

    • Staff
    • 06 July 2017

    The Society of Jesus in Victoria, Jesuit Communications Winter Raffle 2017. Drawn on Thursday 6 July 2017 (Permit No 10156/17 issued 20 February, 2017). Congratulations to the winners: 1st prize: R Durick, NSW; 2nd prize: C Whybrow, NSW; 3rd prize: C Smyth, VIC; 4th prize: C Johnson, NSW. Thank you to everyone who supported our Winter raffle. If you missed the opportunity to purchase raffle tickets but would like to support us financially, please consider making a donation.

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  • AUSTRALIA

    Uluru: take time to get this right

    • Frank Brennan
    • 31 May 2017
    19 Comments

    The consultations conducted in Indigenous communities under the auspices and with the financial support of the Referendum Council have yielded a constant message that Indigenous Australians want substantive constitutional change and not just symbolic or minimalist change. The question is: How much should we attempt to put in the Constitution now, and how much should we place outside the Constitution, or delay for constitutional inclusion until another day?

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  • AUSTRALIA

    Catholic voices against runaway capitalism

    • Michael Walker
    • 20 February 2017
    20 Comments

    The presidency of Donald Trump should bring a renewed focus on the dangers of unbridled capitalism. The Catholic Church has a rich trove of teachings on the subject that have been missing in action for the past 30 years. Now is the time for a well-articulated Christian message addressing such issues as widening wealth inequality fuelled by stagnant wage growth, the privatisation of public services, the financialisation of the economy (which fuels both of those trends), and tax justice.

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  • ECONOMICS

    Financial literacy programs need to get real

    • Rachel Kurzyp
    • 16 December 2016
    8 Comments

    Studies have found that in Australia, groups with the poorest financial awareness and skills are those under 25, those with no formal post-secondary education, those on low incomes and working 'blue collar occupations', and women. While it makes sense to provide these groups with financial information on home loans and super, this wouldn't have helped my mother when she had to decide between, say, buying groceries for the week or getting the car serviced.

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  • ECONOMICS

    Hollowed out labour market stymies equal opportunity

    • Veronica Sheen
    • 13 December 2016
    5 Comments

    Over the last two decades we have seen a process of job polarisation. There has been growth in high end jobs, but mostly in low end jobs, the outcome of which has been the hollowing out of middle level jobs. This hollowing out of the middle also relates to greater wealth polarisation, as French economist Thomas Piketty has brought to light. The labour market is under a lot of pressure from many angles, so what does this mean for the project of women's equal opportunity in employment?

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  • INTERNATIONAL

    Understanding Trump the businessman President

    • David James
    • 10 November 2016
    17 Comments

    The first step for a business person is to make the sale, usually by over-promising and tapping into the emotional triggers of the customer. That is what Trump did. Over and over, he assured everyone that electing him would be 'fantastic'; he would deliver; customer-value is in the bag. The next step, once the sale is made, is for a hard financial logic to be applied. Trump's hype will be, at the very least, toned down. Once the customer has coughed up, business people typically become extremely pragmatic.

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  • INTERNATIONAL

    Athenian taxi driver's keys to happiness

    • Gillian Bouras
    • 07 October 2016
    6 Comments

    The man's grandparents were from Ithaca, the storied isle, but he himself had always lived in Athens. I learned he had not been driving a cab for very long, but had taken to it when his business failed because of the continuing financial crisis. A familiar tale in the Greece of today, alas. But he acknowledged he was lucky to have a job at all, and went on to say that he had no complaints, because he had realised his ambition. I asked what this was. He replied: 'I have educated my children.'

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  • ARTS AND CULTURE

    Antiheroes of the Bush-Cheney arms boom

    • Tim Kroenert
    • 25 August 2016

    War Dogs is the latest in a string of films from the past few years that are custom made for our cynical times; deeply ironic black comedies and dramas featuring antiheroes who profit to the point of excess off the misery of others. Where those films dealt with the finance industry and gained relevance from the backdrop of the Global Financial Crisis, this one shifts focus to the grimier world of arms dealing, in the context of Bush era conflict in Iraq and Afghanistan.

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  • INTERNATIONAL

    The merits of Trump's economic agenda

    • David James
    • 09 August 2016
    15 Comments

    The main legislative catalyst for the GFC was the repeal, in 1999 by Bill Clinton, of the Glass Steagall Act, which had prohibited commercial banks from engaging in the investment business. This allowed the investment banks to indulge in the debauch of financial invention that almost destroyed the world's monetary system. Trump has made the reinstatement of Glass Steagall official policy. Should that happen, it could be the most beneficial development in the global financial system for decades.

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  • ECONOMICS

    How financial markets are stymying climate action

    • David James
    • 15 June 2016
    7 Comments

    There is little doubt that the means to dramatically reduce the amount of pollution produced by developed economies is already theoretically available. It is perfectly possible to redesign industrial systems so that they do not pollute and do not consume finite resources at a rate that is unsustainable. But it requires a radical shift - and the biggest barrier to that shift occurring, the financial markets, is barely even mentioned in discussions of the challenge.

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