Welcome to Eureka Street

back to site
Forgot your password?
Subscribe

Keywords: Debt

  • AUSTRALIA

    Is property investment our greatest vulnerability?

    • David James
    • 10 July 2024

    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?

    READ MORE
  • CARTOON

    Robodebt cards

    • Glen Le Lievre
    • 19 June 2024

    READ MORE
  • 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.

    READ MORE
  • ARTS AND CULTURE

    Fargo and reconciling debt

    • Michael McVeigh
    • 25 January 2024

    The world of Fargo, like ours, is a fallen one, and it’s clear at the end of this season that the cycle of violence will continue. But we’re also left with a strong hope that some of the characters might have found a way out of that hellish cycle of debt and restitution. And if there’s hope for them, there’s hope for us all.

    READ MORE
  • ECONOMICS

    Best of 2023: Dawning multipolar world in global finance

    • David James
    • 04 January 2024

    From Moscow to Beijing, a change in global finance looms, set to challenge the long-standing economic hegemony. This imminent shift could redefine global power structures, disrupt currency markets and international trade. Amidst this uncertainty, one thing is clear: the game of geopolitical chess is no longer played on a Western-centric board.

    READ MORE
  • ECONOMICS

    Forgive us our debts

    • David James
    • 23 November 2023

    If money is just a set of rules, we need to ask, how can these rules best serve society and not cause crises? We know, after thousands of years of evidence, that the debt-based system of money eventually self-destructs, and this time, the effects are likely to be felt around the world. 

    READ MORE
  • ECONOMICS

    What happened to the great reset?

    • David James
    • 10 October 2023
    1 Comment

    As Western economies grapple with soaring inflation rates, the once steady financial landscape is shifting, revealing looming challenges beneath mounting global debt. Amid 'Great Reset' calls, many face an uncertain future where the true cost of living is set to be redefined.

    READ MORE
  • INTERNATIONAL

    Did China support East Timor's independence from Indonesia?

    • Pat Walsh
    • 04 October 2023
    3 Comments

    Prime Minister Xanana Gusmao's meeting with China's President Xi Jinping signals deeper cooperation between Timor-Leste and China. This evolving alliance, closely watched by Australia, raises questions about Beijing's motives and Timor-Leste's historical indebtedness. As China expands its influence in the Indo-Pacific, Timor-Leste's diplomatic balancing act comes under scrutiny.

    READ MORE
  • AUSTRALIA

    The Robodebt reckoning

    • Mark Gaetani
    • 02 August 2023
    5 Comments

    Despite causing despair and even leading to lives lost, those who orchestrated Robodebt from 2015 to 2019 appear unrepentant. Yet one fact remains unchallenged: this scheme lays bare a troubling disregard for the dignity of the most vulnerable in society.

    READ MORE
  • AUSTRALIA

    The cost of automated welfare

    • David Halliday
    • 17 July 2023

    In the aftermath of the Robodebt scandal, an unsettling public apathy has emerged. Beyond exposing the pitfalls of automated welfare and demanding accountability, the response — or lack thereof — spotlights a worrying indifference towards the disenfranchised.

    READ MORE
  • AUSTRALIA

    Robodebt: Anatomy of a scandal

    • James Massola
    • 14 July 2023
    5 Comments

    Catherine Holmes' Royal Commission report exposes the staggering mismanagement and human cost of Australia's Robodebt scandal. The scheme burdened over 500,000 Australians with non-existent debts and is linked to at least three suicides. This report unravels the culture behind the disaster and the potential repercussions ahead.

    READ MORE
  • AUSTRALIA

    Reading the entrails of Robodebt

    • Andrew Hamilton
    • 12 July 2023
    6 Comments

    Navigating the murky waters between legality and morality, Robodebt and the prolonged hotel detention of asylum seekers are both marred by the same neglect of human dignity and ethical responsibility, and should spark urgent discussions about our societal attitudes towards the vulnerable and the dire need for an ethical transformation.

    READ MORE