Eureka Street

Keywords: Recession

INTERNATIONAL

Friendship in freefall: Unpacking a crisis of civic disconnection
- David Halliday
- 13 December 2024
In 2024, a fifth of Americans reported having no close friends, and the number is growing, especially among those without college degrees. So what are the societal structures behind this crisis in loneliness, and how we can rebuild meaningful connections?
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ENVIRONMENT

Can an economy prosper without endless growth?
- Phil Jones
- 28 November 2024
1 Comment
Infinite economic growth on a finite planet is a paradox we can no longer ignore. As environmental crises deepen, solutions like the Steady State Economy offer a roadmap to balance sustainability and prosperity. Yet, transitioning from growth-centric systems raises hard questions: Can we create an economy that values life over profit?
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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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RELIGION

Religious media battles the tides
- Michael McVeigh
- 26 September 2024
2 Comments
There once might have been a distinction between ‘Christian journalism’ and ‘Christian PR’, however today those lines are far more muddied. The demise of the Australasian Religious Press Association might have been brought about by changing tides, but for those of us left it leaves one less lifebuoy to cling to.
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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

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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ECONOMICS

The economy is in worse shape than you think
- David James
- 07 March 2024
4 Comments
The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.
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AUSTRALIA

Black swans and the art of expecting the unexpected
- Max Jeganathan
- 24 January 2024
2 Comments
Even the best forecasting gets it wrong, and every year has its own 'Black Swan' events, characterised by their unpredictability and impact. They remind us that the future is unpredictable, perpetually lurching between prediction and confusion.
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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.
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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.
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Keywords: Recession