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An Australia Institute submission to the inquiry has found that asking artists to beg for more money from donors ignores the much bigger issue of chronic underfunding of the arts.

The arts sector was devastated by the COVID pandemic and has never truly recovered. Once-iconic music festivals have been cancelled. Venues have closed. Artists are living in poverty.

The long-running cost-of-living crisis has left Australian consumers with very little money to spend on artistic pleasures like a trip to a gallery, buying a book, watching a movie or seeing a band.

The submission concludes that “this is a critical time for supporting Australian arts and culture”.

Key points:

• In real terms, arts funding is at its lowest point since 2017/18
• Australia has the 7th-lowest arts spending in the OECD
• Despite the cost of living crisis, arts spending has been cut by more than half a billion dollars a year
• While Australia-wide employment has grown by 13% since the end of the COVID pandemic, the arts sector has only just returned to pre-pandemic levels

“Artists, authors, musicians and other creatives have a huge impact on Australian culture, how Australians see themselves, and how the world sees Australians,” said Skye Predavec, Researcher at The Australia Institute.

“Australia’s arts and culture cannot be produced overseas, and cannot be moved offshore. It must be made here.

At 73 years old, Francis Fukuyama has become a meme. He is the victim of a title too good to be true. “The End of History?” was the name of a landmark essay published in The National Interest and later expanded into his career-making 1992 bestseller, The End of History and the Last Man. So now, when this urbane philosopher posts pictures of himself at conferences on Instagram, his comment section is flooded with plaintive young people saying things like “mr fukuyama please end history again” and “francis history keeps happening what do I do.”

History would appear to be rolling on undeterred, however. It’s far too soon to say how Operation Epic Fury, Donald Trump’s sudden all-out assault on Iran, will affect the course of world events. But it’s safe to say at this point that even his well-wishers sure hope he knows what he’s doing. This dramatic act by the commander-in-chief of America’s titanic army is the latest of several fresh reminders that sometimes things really do happen. Others include the removal of Venezuelan President Nicolás Maduro, the calamities in Ukraine and Afghanistan, and Trump’s own election—both times. Cumulatively, these sorts of upsets have created the distinct impression that history might be starting up again. At the very least, it’s been an eventful millennium so far.

The war in Iran is a human catastrophe. It may also be the moment Britain finally asks which economic future it wants. Before anything else it is worth pausing on what is actually happening. People are dying. Families are being torn apart. A civilian population is living through something most people cannot begin to imagine. […]

The post Capitalism at a Crossroads appeared first on Equality Trust.

The independence of the Federal Reserve System has become a major source of public controversy. As political leaders signal dissatisfaction with monetary policy, officials and commentators rush to defend the central bank’s insulation from democratic pressure. We are told, as if it were self-evident, that central bank independence is a pillar of sound economic governance.

But this confidence is misplaced. The economic case for central bank independence is far weaker than its defenders suggest. And the constitutional case is weaker still.

On this episode of After America, Dr Emma Shortis and Angus Blackman discuss the war on Iran and how American sanctions are creating a humanitarian crisis in Cuba, before Professor James Laurenceson joins the show to talk about the impact of the conflict on China and the postponed Trump-Xi summit.

This episode was recorded on Friday 20 and Monday 23 March.

Guest: James Laurenceson, Professor and Director, Australia-China Relations Institute, University of Technology Sydney // @j-laurenceson

Host: Emma Shortis, Director, International & Security Affairs, the Australia Institute // @emmashortis

Host: Angus Blackman, Executive Producer, Podcasts, the Australia Institute //  @angusrb

Show notes:

Shorter America This Week: History sighs, repeats itself; Surprise: Trump doesn’t need allies; A bloodthirsty White House by Emma Shortis, The Point (March 2026)

The attacks on Iran hurt us all by Allan Behm, The Point (March 2026)

There's something uniquely demoralizing about editing and editing and editing a book manuscript. The words all start to blur together and you start thinking that every sentence is crap, no one will ever want to read this, why bother completing the book. I was definitely in this state. And then... my publisher sent me the book cover and I squealed for joy at just how lovely it is. And it gave me hope. Check out this beauty!

And yes... that's a wobbly Jenga tower comprised of pieces made from census documentation cuz one of the core arguments in the book is that we're living in a world of "Jenga Politics" where different actors are pulling out pieces of our administrative infrastructure and putting pressure on top. Civil servants are exhausted, but they're trying to keep the tower from falling.

And now that I've seen the beautiful cover, I can't wait for you to read this book! And to come celebrate with me! I am starting to build a book tour so hopefully I will come to a city near you. But, in the meantime, here are some of the fun things I get to share:

Polycrisis has become a widely used concept. Politicians, public intellectuals and academics alike are drawing on it when describing our current global situation. In my article ‘Dissecting the Polycrisis, Charting the Conceptual Terrain of Enquiry’ [open access], recently published in the Journal of Balkan and Near Eastern Studies, I explore how we can distinguish between fundamental crises on one hand, and crises, which are simply the concrete manifestations of those deeper, structural crises on the other. In this blog post, I summarise the main conceptual and empirical findings of the article.

This blog post is from long-time Trustee Gerry Boyle, who is hugely appreciated for the six years he has given to helping the Equality Trust operate. I have just stood down as a Trustee of the Equality Trust, having served two terms of three years each, the maximum allowed under our constitution. It has certainly […]

The post Board Blog: My Experience as a Trustee appeared first on Equality Trust.