We need to shine a spotlight on the acquisition of such basics as housing, schools and water networks, says Brett Christophers, a professor of economic geography
Today, such is the breadth and depth of this phenomenon that the lives of few people anywhere in the world are untouched by asset managers’ tentacles. And some of us, especially in the global north, are thoroughly entangled: we effectively live in an asset-manager society.
Consider two striking examples from the US. Amid the detritus of the 2008–10 financial crisis, a key concern was housing finance. What was the Obama administration to do about the millions of mortgaged homeowners who were in negative equity and facing foreclosure? The treasury team that advised Obama hired
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China ramps up coal power despite carbon neutral pledgesLocal governments approved more coal power in first three months of 2023 than all of 2021
Read more »
Defence strategic review: Australia will build longer range military power amid ‘radically different’ security environmentGovernment considers establishment of domestic manufacturing as review warns Australia’s military capability structured for ‘a bygone era’
Read more »
Trevor St Baker excused from making disclosures in court case alleging corporate misconduct at ERM PowerExclusive: Former executive suing energy baron’s company and former directors alleges he uncovered ‘sham transactions’ and insider trading
Read more »
European countries pledge huge expansion of North Sea wind farmsNine countries sign declaration to turn North Sea into ‘Europe’s biggest green power plant’
Read more »
‘I’m very proud of it’: John Schumann reflects on his song ‘I Was Only 19’Sky News host Chris Kenny has sat down with singer-songwriter John Schumann to discuss his song ‘I Was Only 19’ by Redgum. The song is now cherished by veterans and serving soldiers. “I think the first time I kind of got to understand the power of the song was playing it live,” Mr Schumann said. “Room’s absolutely full, and we played ‘I Was Only 19’, and about the first six rows burst into tears.” He said he’s proud of what his song did and the changes that it made for others.
Read more »