Eureka Street

Keywords: Banks

ECONOMICS

The trouble with a shrinking population
- David James
- 11 December 2024
BlackRock CEO Larry Fink predicts AI and shrinking populations will bring higher living standards without growth. But his optimism overlooks a critical flaw: conflating productivity, efficiency, and the true cost of 'growth.' With economic foundations shifting, the future demands a radical rethinking of capitalism’s purpose and the systems driving it.
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ARTS AND CULTURE

Russell Brand: Messiah or very naughty boy?
- Cherie Gilmour
- 06 December 2024
Russell Brand's conversion to Christianity has sparked fascination and skepticism. Dismissing his newfound faith as a cynical PR move, critics cite his controversial past. Yet, his public embrace of grace and redemption speaks to a restless spiritual hunger. Is this a genuine transformation or another reinvention of Brand’s ever-shifting persona?
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AUSTRALIA

A house divided: In conversation with Alan Kohler
- David Halliday
- 08 November 2024
As house prices soar, half the nation finds itself locked out of the property market. In conversation with Eureka Street, Alan Kohler untangles the web of tax incentives, population pressures, and government policies fueling the housing crisis to discover why, despite public outcry, solutions remain frustratingly out of reach.
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AUSTRALIA

Priced out of parenthood: How Australia's housing crisis is lowering the birthrate
- David James
- 24 October 2024
3 Comments
Soaring property prices and declining fertility rates are entwined in a feedback loop, threatening long-term economic stagnation. As younger Australians are priced out of the market, many are delaying or forgoing parenthood, leading to an increasingly divided and unsustainable society.
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AUSTRALIA

A time for risk and a time for caution: Albanese’s dilemma
- James Massola
- 23 October 2024
8 Comments
As Prime Minister Anthony Albanese navigates a slow but steady decline in approval, his cautious leadership approach is increasingly under scrutiny. With rising pressures on housing, the economy, and global events, is it time for him to take the bold political risks necessary to stave off the threat of minority government?
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AUSTRALIA

Speculation nation: How housing became a game for Australia’s wealthy
- Adam Hughes Henry
- 08 October 2024
5 Comments
Australia’s housing crisis is increasingly seen as a byproduct of system rigged for the wealthy, while ordinary Australians grapple with debt and rising costs. As home ownership becomes increasingly out of reach, it's time to rethink housing as a right, not just a means of wealth accumulation.
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AUSTRALIA

Can Labor survive the inflation backlash?
- Joe Zabar
- 17 September 2024
2 Comments
As Australia heads toward the 2024 federal election, voters are grappling with soaring costs of living, stagnant wages, and weak GDP growth. Inflation is easing but prices remain stubbornly high. Will the Albanese government’s strategies to combat inflation satisfy an increasingly strained electorate?
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ECONOMICS

Australia’s property boom is splitting society in half
- David James
- 10 September 2024
2 Comments
As continued high interest rates and stagnant incomes put a strain on households, leading more Australians give up on the dream of home ownership, government attempts to manage both the cost of living crisis and the housing crisis may be doing too little too late.
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ECONOMICS

Surge in protectionism creates new era of global trade
- David James
- 06 August 2024
1 Comment
In a world increasingly divided by geopolitical tensions, a new wave of protectionism is reshaping global trade. As nations turn inward, once-dominant economic models are being dismantled and new strategies are emerging. Is Australia prepared?
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AUSTRALIA

Is property investment our greatest vulnerability?
- David James
- 10 July 2024
2 Comments
With soaring Australian house prices creating a generational wealth divide, the increasing inequity of the property bubble is damaging to Australian society. Could diversifying investment options, like industry super funds, lure people away from property and cool the market?
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ARTS AND CULTURE

Joycepoem
- Peter Steele
- 16 June 2024
2 Comments
'From window and doorface painted in carnival, and / your foxing spirit here for a term / becoming again and again the flambeau it carries, / dear dirty Dublin a thing of fire.' A poem recollecting visits to the Jesuit-run Belvedere College, in the north of Dublin, where James Joyce completed most of his secondary schooling. (From 2007)
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ECONOMICS

Waiting on the cash flow oracle
- David James
- 05 June 2024
Early every month Australians with big mortgages anxiously wait to find out if the Reserve Bank will raise interest rates and put more pressure on their domestic budgets. It is a bit like waiting for pronouncements from the modern day equivalent of the Delphic oracle.
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Keywords: Banks