For two centuries, the world’s dominant powers, first the United Kingdom, then the United States and its Western alliance, gave the world democracy, human rights and a market economic system. However, as world economic power began to shift from the West to the East, James F. Hoge Jnr, editor of the distinguished Foreign Affairs journal…
Australia’s huge net foreign debt leaves our banks vulnerable to further shocks, following the Commonwealth Government’s end to the guarantee it gave to banks borrowing in the international financial markets. In October 2008, the Rudd Government provided the banks a guarantee on borrowing in the international financial markets, which helped banks access credit following the…
If Australia is forced into an emissions-reduction policy by its trading partners, it should adopt policies that are good for the country’s future, as well as reducing emissions. Even if climate change sceptics can convince Australians that carbon dioxide (CO2) is not a pollutant, that it does not cause significant global warming and that cutting CO2 emissions in Australia will have virtually no effect on the world’s emissions, some of Australia’s big trading partners may demand that Australia have an emissions policy if we want to export to them. The EU has indicated that it will not allow its industries…
The secularist triumph has weakened the Christian foundations of Western civilisation. A new counter-culture needs to be developed by Christians and people of goodwill, one based on a respect for religion and the transcendental, the family and the small unit, argues Patrick J. Byrne. “It’s a war out there for me and my family,” was…