Nonbank Financial Sector Vulnerabilities Surface as Financial Conditions Tighten 5 April 2023 | Source: IMF Recent strains at some banks in the United States and Europe are a powerful reminder of pockets of elevated financial […]
Rate hold could herald renewed confidence in property market 4 April 2023 | CoreLogic Research Director, Tim Lawless The decision from the RBA to hold the cash rate at 3.6% sends a clear message they […]
The decline in our ties with Asia, that began under John Howard, has accelerated alarmingly under the Morrison government, Bruce Haigh argues the clumsy retreat will cost Australia dearly. 30 December 2021 | Bruce Haigh, Pearls […]
Global debt has reached a record $US226 trillion—200 times Australia’s GDP—that debt will outlast the pandemic by many years. 16 December 2021 | Virat Singh, Andrew Womer, and Yuan Xiang (IMF) In 2020, we observed […]
Winston Churchill famously said, “Democracy is the worst form of government except for all those other forms that have been tried.” For western nations it is clearly the best of some pretty poor options, yet […]
Despite the Morrison government’s complete distrust of Australia’s biggest trading partner, it’s not foreign governments who are having a lend of Canberra. Once again foreign entities dominate the list of corporations raking in billions of […]
According to Oxfam, three giant pharmaceutical companies, Pfizer, BioNTech and Moderna, are generating $65,000 profit every single minute from their Covid-19 vaccines. Rich nations, like Australia, have hoarded vaccines and refused to allow third world […]
How legitimate are the so called Quad’s implicit claims of moral and political superiority? Three of Australia’s last five PMs (Scott Morrison included) came to power knifing predecessors in backroom secret ballots; one in four […]
Why does Australia still sell weapons to human-rights abuser Saudi Arabia? As the kingdom wages war in Yemen, Canberra continues to supply arms, making us complicit in the deaths of innocent civilians. 8 December 2021 […]
Australia’s “sophisticated” export model is based on growing stuff, or digging it out of the ground, and selling it to China. Spare a thought for the fashion houses using Aussie croc skins to flog off […]
Morrison and Dutton will use national security and “war with China” to ramp up their base for the next election. As is de rigueur for the conservatives “superior economic managers” will be the other pillar […]
Think Australia doesn’t engage in forced labour? Think again. Next time you pick up a very reasonably priced piece of fruit, think about who picked it? What they were paid? Which country they are from? […]
Five reasons to expect a cooling in the Australian property market and falling prices in 2023 2 December 2021| Shane Oliver, AMP Capital (Image: Mitchell Luo) Fastest home price gains since 1989 Australian home prices have boomed […]
It’s not just journalists who hang around the National Press Club. A plethora of political lobbyists, industry bodies, weapons makers, the Big Four accounting firms, Big Tobacco, Big Pharma, alcohol and gambling interests—groups overwhelmingly foreign-controlled—all […]
Having just revealed it raked in a record $16 million in cash last financial year the Australian Strategic Policy Institute is apparently making good by marching to the beat of its new Defence Minister Peter […]
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