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Profits The four biggest banks raked in record net profits this year: National Australia Bank ($3.24 billion); the Commonwealth Bank ($2.7 billion); ANZ ($1.747 billion); and Westpac ($1.715 billion). The combined total was $9.4 billion, $2.2
BY SARAH STEPHEN The McClure report is the recently released federal government inquiry into welfare "reform". The report canvasses shifting functions undertaken by Centrelink to private or non-profit providers. It also suggests further tightening
BY SUE BOLAND At the beginning of the 20th century banks had a reputation as "bloodsuckers". Is it over-the-top to still describe them this way? When we consider the record of the major banks today (see accompanying article this page), this
BY EVA CHENG The Indian coalition government led by the Hindu chauvinist Bharatiya Janata Party (BJP) has stepped up its neo-liberal privatisation and economic liberalisation push. The 24-party government and its bourgeois counterparts are using
BY GEORGINA DAVIES MELBOURNE — Victoria Police have agreed to pay $50,000 to seven environment activists who were assaulted during a peaceful demonstration by 20 people in February 1994. The East Gippsland Forest Alliance protesters are to
BY RICHARD PITHOUSE DURBAN — From Boksburg to Berlin, discerning ears are being seduced by a record label that measures its success in the currency of meaning. If this culture reaches critical mass, "the global village" might just stop being a
BY CAM PARKER SYDNEY — Recent allegations of left-wing bias at the Australian Broadcasting Corporation are little more than justifications for greater political interference by the federal Coalition government. The big-business newspapers have
BY GEORGINA DAVIES MELBOURNE — A 24-hour stop work meeting by 250 members of the Latrobe Valley branch of the Construction, Forestry, Mining and Energy Union (CFMEU) caused power blackouts and restrictions across Victoria. The workers voted to
Billy Elliot Directed by Stephen Daldry With Jamie Bell and Julie Walters  REVIEW BY ADAM GOLDSTEIN The depiction of British working-class life in films, beginning in the late-1950s, emerged full-bloom in the 1990s. It has taken
BY EDWARD SAID The events of the past four weeks in Palestine have been a near-total triumph for Zionism in the United States for the first time since the modern re-emergence of the Palestinian national movement in the late 1960s. Political as well
In September, Mifepristone, better known as RU486, was finally approved by the US Food and Drug Administration (FDA) for use in early pregnancy abortions. Despite having been safely administered in France, where it is now used in one third of
Peddling baloney Eating McDonald's hamburgers and fries reflects "an individualistic relationship between man and God which goes back to [Martin] Luther". — Catholic theologian Massimo Salami writing in the Italian bishops' daily Avvenire.