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So the federal government is shut down. I’ve been late to covering this story because of my focus on events at the Federal Reserve.  Well, that was true when I first wrote that sentence. I then became ill for a full week which has delayed me even more. Fortunately for me, and unfortunate for everyone else, the government shutdown is still underway, so what I have to say is still relevant. There has been so much news packed into this year, it's been impossible to keep up.

Listen to the full conversation on the Perspectives Journal podcast, available to subscribe on Spotify, Apple Podcasts, YouTube, Amazon Music, and all other major podcast platforms.

Environment Minister Murray Watt is known as Labor’s political “fixer” – Australians have given him the opportunity to fix something for us, and our planet.

The Environment Protection and Biodiversity Conservation Act (EPBC) was enacted in 2000 as the country’s first attempt at a holistic approach to balance the desire for growth with the need for environmental protection.

At the same time, the world was beginning global efforts to reduce emissions and stabilise the climate.

The Howard government failed to integrate action on climate with protecting and restoring nature. It was a failure repeated by successive governments.

The original EPBC Act did not include a mechanism for dealing with growing emissions and climate change. But Australia had at least signalled its intention to be part of global efforts to stabilise the climate, with then-environment minister Robert Hill signing the Kyoto Protocol in 1997.

Hill always stuck to his guns on the environment. At a fossil fuel-sponsored conference in Canberra, Hill took the floor and, staring down the captains of industry, said: “I have stated many times, and will do so again, that Australia accepts the balance of the scientific evidence which suggests that human activity is accelerating the increase in the Earth’s average temperature.”

It was a backbone not found on this issue with the then-prime minister, John Howard. No doubt under pressure from fossil fuel interests, the PM refused to ratify the Kyoto Protocol, which his environment minister had signed the country on to.

Natalia Emanuel, Pim Welle, and Valentin Bolotnyy

On this episode of Follow the Money, Leanne Minshull and Ebony Bennett discuss the Federal Government’s efforts to push through changes to Australia’s busted environment laws with the support of the Coalition.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via Australia Institute Press.

Guest: Leanne Minshull, co-CEO, the Australia Institute // @leanneminshull

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebonybennett

Show notes:

This shocking deal is a gross betrayal of millions of voters by Ebony Bennett, The Canberra Times (October 2025)

Top Australian scientists unite in defence of science on Maugean skate, the Australia Institute

By Ruth Puttick

Across the world, cities are where the future happens first. From tackling climate change to shaping inclusive economies, local governments are on the frontlines of humanity’s greatest challenges. Yet, while expectations for cities grow, the tools, data, and support they need to deliver often lag behind.

That’s why the scaling of the Public Sector Capabilities Index marks an important milestone. Over the past two years, in partnership with Bloomberg Philanthropies, the Index has been co-developed with more than 200 government officials across 45 cities and over 100 urban experts.

A first-of-its-kind tool, the Index is designed to help city governments, and those that support their efforts, to assess, strengthen, and celebrate cities’ ability to solve problems, deliver for their residents, and contribute to addressing global challenges.

From “Black Jack” Pershing’s pursuit of Pancho Villa deep into Chihuahua to fentanyl streaming into the United States, Washington forgets that the southern border has always been a battlefield.

In August, Mexican President Claudia Sheinbaum declared, “We will never allow the US army or any other institution of the US to set foot in Mexican territory.” Her words came after reports that President Trump had signed a directive authorizing the Department of War to conduct military operations against Latin American cartels designated as Foreign Terrorist Organizations, Sinaloa foremost among them.

In Washington the rubric was “hemispheric defense.” In Mexico City it was heard as the prelude to invasion. Both capitals spoke as if the prospect was novel. But it is not.

American forces have crossed the Rio Grande in uniform far more often than most Americans realize. The Mexican-American War of 1846 amputated half of Mexico’s territory. Then, there were the Las Cuevas War of 1875 and the “Bandit Wars,” a series of raids by Mexican outlaws into Texas from 1915–1919. Even the obscure Garza Revolution of the 1890s followed the same logic. When cross-border violence spilled north, the United States answered not with demarches but with dragoons. Mexico remembers. But Americans forget and then declare the next repetition “unprecedented.”

For those of us who hold out hope that the pontificate of Pope Leo XIV, the Chicago-born bishop and missionary to Peru, Robert Prevost, will lead to more Christ-centered and less ideological leadership from Rome, the last few weeks have been disappointing. 

First, a 2023 video of the new pope resurfaced, where he spoke about the need to welcome people of diverse “lifestyles” to the Church (this follows the lead of his immediate predecessor Pope Francis), although he assured us that there had been no change of doctrine, at least “not yet.” Can one imagine Christ telling the adulterous woman whom he saved from stoning in the Gospel of John (John 7:53-8:11) not “to sin no more” but to continue in her “lifestyle” while being welcomed to his Kingdom? Or St. Paul’s exhortation to the Corinthians, where he declines to chide these new Christians for their gross resort to sin and moral corruption, but encourages them to remain steadfast in their less-than-admirable “lifestyles”?

Pope Leo was also near silent about the killing of the Catholic schoolchildren by a trans fanatic in Minneapolis, initially treating it as an unfortunate example of gun violence. As Rod Dreher has pointed out, on the day Charlie Kirk was assassinated, the pope tweeted about migrants on the island of Lampedusa. While anti-Christian violence spiked, Rome seemed to fiddle.

Gizem Kosar and Davide Melcangi

The 18th Annual Wheelwright Lecture in Political Economy was held at the University of Sydney on 10 September 2025.

The 2025 event, part of a suite of events celebrating the 50th anniversary of Political Economy at the University of Sydney, was delivered by Emerita Professor Raewyn Connell on the topic “Should we abolish universities?”

Thank you to everyone who was part of this special occasion!

Here is the recording of the lecture and photos from the night.

Recording

Photos (Credit: Bill Green, The University of Sydney)

Full album available for viewing here.

On this episode of After America, Elizabeth Pancotti, economic policy specialist and former advisor to Senator Bernie Sanders, joins Dr Emma Shortis to discuss the US government shutdown and how the Trump administration is using it to further consolidate power.

This discussion was recorded on Friday 10 October 2025.

Tickets for America Unravelling, featuring Emma Shortis and Don Watson, on Sunday 19 October at the Queenscliffe Literary Festival are available online.

Dead Centre: How political pragmatism is killing us by Richard Denniss is available now via Australia Institute Press.

Guest: Elizabeth Pancotti, Managing Director of Policy and Advocacy, Groundwork Collaborative // @ENPancotti

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

Show notes:

October 13-15, 2025, Washington D.C. Streaming available for some sessions


More “Announcement
Eighth Interdisciplinary Sovereign Debt Research & Management Conference”

In this current financial year, an estimated $21 billion in superannuation tax concessions will flow to the richest 10% of Australians – more than is spent on either child care subsidies, government schools or the estimated $13.6 billion that it would cost the government to include dental in Medicare.

The proposed changes would only affect around 0.5% of people with superannuation and would have been a very small but vital attempt to redress the gross imbalance in the system.

Australia Institute research shows the vast majority of people under 30 will never have more than $3 million in superannuation.

“The government’s watering down of the changes, by indexing the $3 million with inflation, and ruling out taxing unrealised capital gains will be of great comfort to those who abuse the superannuation system in order to avoid paying tax,” said Greg Jericho, Chief Economist at The Australia Institute.

“The tax system needs reform to make it fairer and to remove distortions such as the capital gains tax discount which has greatly contributed to the housing affordability crisis.

“These changes do little to rein in massive inequality of the superannuation tax system.

“The government’s decision today will embolden those who prefer a tax system that favours the rich.”

Today, we commemorate Christopher Columbus, the man whose daring voyage across the Atlantic in 1492 initiated the Age of Discovery that reshaped the world. Columbus’s prediction that a western route to Asia was possible was not correct in its specifics, but he did not have to be correct to change the world. His legacy is about the spirit that drove him: a spirit of exploration, courage, and leadership.

Columbus’s journey across the Atlantic was no small feat. In an era when ships were fragile and navigation rudimentary, Columbus and his crew faced uncharted waters and unpredictable storms. The dangers were not merely physical; the psychological toll of sailing in the open sea, with no guarantee of land appearing on the horizon, tested the limits of human endurance. Columbus’s men urged him to turn back, but he pressed on, navigating not only the seas but also the fragile morale of his crew.

What does it mean to celebrate such a man? As Ralph Waldo Emerson wrote, we raise monuments to men as well as the spirit that moved them:

Spirit, that made those heroes dare
To die, and leave their children free,
Bid Time and Nature gently spare
The shaft we raise to them and thee.

This spirit continues to inspire. We honor Columbus not just for what he achieved, but for the qualities that made his achievements possible.

As soon as Trump took his seat in the Oval Office that (distant) January of 2025, he signed his first 26 executive orders, one of which initiated the process of classifying eleven Latin American cartels—many of them Mexican—as terrorist organisations. Since then, collective psychosis has erupted, fuelled by speculation about possible military interventions. Although the political, economic, and diplomatic costs make a military incursion into Mexico unlikely, Venezuela appears in the equation as a more feasible and less geopolitically risky target, and one more profitable in the political calculations of MAGA’s interlocutors. On the 3rd of September, the Pentagon bombed Venezuelan unarmed and small ships in international waters in the Caribbean, allegedly and speculatively, belonging to the Cartel of the Soles. How far a potential military advance aimed at destabilising Nicolás Maduro’s government in the name of combating the grotesque figure of narco-terrorism could escalate remains unknown and politically contingent, but this tension illustrates a deeper geopolitical and historical problem: sovereignty in post-colonial Latin America has always oscillated between fantasy and fragility.

Columbus Day ought to provoke reflection as much as celebration—and not just because the White House is emphatically committed to the latter. It was the right move, of course, for the administration to confidently reject acts of erasure like “Indigenous Peoples Day,” and the whole apparatus of academia, media, and elite-left cultural bludgeoning behind it. We should understand what exactly was meant to be erased.

Although Columbus Day in its historical roots is a de facto holiday for Italian Americans, that group was never really the target of those attacking Christopher Columbus or the holiday in his name. Rather, the opposition to Columbus and his day came due to enmity toward the values and roots of those Italian Americans—and every other American worth the name.

Columbus’s Journal of the First Voyage opens with “In nomine Domini nostri Jesu Christi (In the name of our Lord Jesus Christ),” revealing that his journey was an act of faith. He navigated the dangerous waters of the Atlantic to bring about the evangelization of the world foretold in sacred Scripture.

This is a more personal entry at Heidi Says than some others. I wanted to share with you what I am doing, day to day, in the hope that I might inspire some of you to try to incorporate the fight against Republican Fascism into your own daily lives.

Once again, this past Saturday, October 11, 2025, I had the chance to participate in Indivisible Santa Fe's Speakers' Corner. It was a rainy, somewhat chilly day but we had more Indivisible Santa Fe members turn out than the previous, sunny session the Saturday before.

I spent some of my time urging my fellow Santa Feans to use our liberty and our current relative safety to speak out against what the Trump regime is doing in Chicago, Portland, and throughout California, where he and his minions, Kristi Noem, Pete Hegseth, and Pam Bondi have installed terroristic federal agents and threatened to put federalized National Guard troops on the streets.

“Single JobSeeker [payment] just hit $400 a week. Let me know how you’d go if you were getting that little and were randomly not paid.”

This comment, from the people behind Nobody Deserves Poverty, points to the ignored cruelty at the heart of one of Australia’s most shameful open secrets.

The mutual obligations system – the system by which we set (through privatised “job providers”) mostly demeaning and useless tasks for unemployed people to meet in order to receive their welfare benefits – is documented to cause harm, with little evidence it actually does anything to meet its main objective: get people into work.

The system is so convoluted and already stacked against people that even without the issue of lawfulness, it would still be not just harmful, but useless. In terms of punishing people, it is working as intended. But governments tend to pay attention when harm can also be considered unlawful, and that’s the issue here.

When the Coalition introduced the Targeted Compliance Framework (TCF) in 2017-18, it gave private job agencies the power to punish “non-compliant” job-seeker behaviour without the checks and balances of government.

If a job agency decides that one of their “clients” hasn’t met their mutual obligations – or just screws up and doesn’t report that they have – welfare recipients literally pay the price. Their payments can be suspended, or they can be forced into menial work-for-the-dole programs, without any consideration of their suitability. Concerns were raised almost immediately.

The ethics of artificial intelligence are increasingly being framed in ways that risk missing the real point.

In recent years, some companies have begun to speak of “model welfare,” as though machines themselves might be entitled to dignity. Proposals include allowing chatbots to withdraw from unpleasant conversations, treating models as though they might one day suffer, and designing systems that symbolically protect their “feelings.” 

Anthropic’s decision to let its chatbot Claude “exit” distressing interactions is one such example. While company openly concedes that there is no evidence Claude is conscious, it still justifies the measure as a safeguard against hypothetical harm. This is best understood as a pseudo-risk, a precautionary step to address the possibility of machine suffering for which there is no evidence. 

A young person wanting to learn something of American history could do worse than to watch the works of director John Ford (1894-1973).

One of the great American filmmakers—in my view, the greatest—Ford delved deeply and repeatedly into American history, and not just that of the American West for which he is most famed. You also have Ford’s films on the Second World War (including the award-winning war documentaries he made while on active duty for the U.S. Navy), Abraham Lincoln, and the Great Depression. There are Ford films that take place during the American Revolutionary War, the American Civil War, and the First World War. Themes addressed in his films include American race relations, immigration, religion, and urban politics.

One of Ford’s crowning achievements is the so-called Cavalry Trilogy, three films starring John Wayne about the U.S. Cavalry in the West, made between 1948 and 1952. They are all about the same subject and in roughly the same setting, but the story and characters are different in each.

I’d like to propose that John Ford had a second trilogy—perhaps more loosely connected than the Cavalry films, certainly less known and less celebrated, but still a triumph of All-American filmmaking and worthy of rediscovery.

Buy my new book “A Genocide Foretold"

Thank you, subscribers, for your thoughtful questions! I answered most and tried to address the main points of the rest. I’ve also done two recent interviews on the Mark Thompson Show that answer even more questions. (Click on the underlined links.)

Finally: Please sign up to get this newsletter in your inbox! Email is the most reliable distribution method in the oligarch algorithm era, so if you’d like to hear from me, sign up — it’s free! If you’d like to offer financial support — and get the perk of submitting a question for the next Q & A — please do so here:

Trump’s Sham Peace Plan

 — Author: Chris Hedges — Friday 10th October 2025

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On Fascism with Jon Weier

 — Publication: Perspectives Journal — Friday 10th October 2025

Listen to the full conversation on the Perspectives Journal podcast, available to subscribe on Spotify, Apple Podcasts, YouTube, and all other major podcast platforms.

In September 2025 the Broadbent Institute joined left–wing think tanks from Chile, Brazil, Colombia, Mexico, Uruguay and Spain to support the establishment of a global network of think tanks that produce rigorous analysis, foster data-driven debate, and contribute to the search for proposals in defense of democracy.

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This shocking deal is a gross betrayal of millions of voters

 — Organisation: The Australia Institute — Friday 10th October 2025

I’ve been lucky enough to complete a few multi-day hikes overseas in the past few years. Every morning, I woke up in my tent with the feeling that something wasn’t quite right and then I realised why – it was practically silent.

There’s no cackle of kookaburras at dawn, no warble of magpies, or comforting screeches of cockatoos. Songbirds the world over had their evolutionary origins right here in Australia, but we’ve got the original and the best (and the loudest).

As a giant island, Australia is a hotspot for biodiversity. We are home to countless plant and animal species found nowhere else on Earth, thanks to millions of years of evolution in isolation.

Overall, Australia’s nature laws have done a crap job of protecting them. Unfortunately, Environment Minister Murray Watt looks set to continue that track record, with news he’ll be negotiating to pass an overhaul of Australia’s nature laws with the Coalition, not the Greens. That pretty much tells you everything you need to know.

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Gas exporters pay no tax (again) | Between the Lines

 — Organisation: The Australia Institute — Friday 10th October 2025

The Wrap with Hayden Starr

For the last five years I’ve worked behind the scenes, helping communicate the Australia Institute’s research online and on social media, including writing and editing this newsletter. As my time with the Australia Institute comes to an end, it’s my pleasure to write The Wrap for my last newsletter with you.

It takes a lot to change someone’s mind. It takes a lot to change a country. Even more so when you are up against the very well-resourced and very powerful misinformation machines that serve to defend and consolidate power, wealth, and the status quo.

There are few better examples than that of the fossil fuel industry. Greenwashing gas, overinflating economic benefits, spreading lies about renewable energy, all while digging new coal mines and gas wells and paying a pittance (or nothing) in tax.

“Australia is one of the biggest gas exporters in the world.

“Yet when gas prices go up, it’s Australians that feel poor.”

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Building Canada’s Trades Future with Lee Caprio

 — Publication: Perspectives Journal — Thursday 9th October 2025

‘Making the Good Society’ is a video series from the Broadbent Institute and Perspectives Journal that asks progressive leaders and thinkers about their vision for a good society that is humane, just, and democratic.

In this episode, Lee Caprio of the International Brotherhood of Electrical Workers (IBEW) Local 353 explains how unions build sustainable careers—not just jobs—for thousands of workers. IBEW’s “learn as you earn” apprenticeship model ensures safety and skills training, while initiatives like the Pathways and Hammer Heads programs open doors for more women, Indigenous, racialized and newcomer workers to enter the trades.

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The American Mind Podcast: The Roundtable Episode 288

 — Organisation: The Claremont Institute — Thursday 9th October 2025

The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host.

Nobelesse Oblige | The Roundtable Ep. 288

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10/08/2025 Market Update

 — Organisation: Applied MMT — Thursday 9th October 2025

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A closer look at the ANU books reveals a hard truth about these job cuts

 — Organisation: The Australia Institute — Thursday 9th October 2025

These claims have been dutifully repeated, but a close look at the university’s audited accounts tells a very different story.

To be clear, the numbers signed off by their auditor state that in 2024 ANU recorded a $90 million surplus and increased the value of its net assets.

So, how do you turn a $90 million surplus into a $142.5 million deficit?

Easy. You just exclude nearly a quarter of a billion dollars of revenue that the auditor thought should be included.

By excluding $232.4 million of revenue recognised by the independent auditor, the ANU was able to transform its healthy surplus in 2024 into a “underlying operating deficit.”

Sounds scary, right?

The auditors ticked off on one set of numbers, and the senior leadership waved another set at their staff, students and community in order to justify the spending cuts they want to make.

To be clear, according to the ANU’s audited financial results, it had $3.8 billion in net assets at the end of 2024, compared to $3.7 billion at the end of 2023.

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No Honor Among Assassins

 — Organisation: The Claremont Institute — Thursday 9th October 2025

The assassination of Charlie Kirk was not just evil, it was cowardly—and above all, dishonorable.

That an action might be dishonorable used to bother men, dissuading them from perpetrating such an act. When Themistocles was on the run from both the Spartan authorities and his own Athenian countrymen, he fled to the royal court of Molossia. Though Themistocles and King Admetus were mortal enemies, he supplicated his host. Themistocles said that if the king wished to take vengeance on him, honor demanded he should pick another time, when the two were on equal footing. With thoughts of honor swirling in his mind, the Molossian king protected his guest from his pursuers.

Honor codes are the most powerful restraint—much more powerful than state law—on those who are able and willing to use violent force. No wonder we see honor so highly prized among warrior castes and the political classes of healthy nations—knights, Spartiates, the admiralty, military aristocracies, and so on. A sense of honor not only curbs chaotic violence among the energetic, but it also channels that aggression toward productive ends, even toward excellence.

However, left-wing activists have spent at least the last generation demolishing the edifice of honor in the hearts of young men. We are now reaping the whirlwind.

Losing the Telos

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End‑of‑Month Activity Across the Treasury Market

 — Organisation: Federal Reserve Bank of New York — Publication: Liberty Street Economics — Thursday 9th October 2025

Michael J. Fleming, Jonathan Palash-Mizner, and Or Shachar

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Substack Recommends Nazis

 — Author: Zoe "Doc Impossible" Wendler — Thursday 9th October 2025

Foreword: Stained Glass Woman remains on Substack because I, frankly, can’t afford any of the competing options that have even passable security. Because this newsletter is and will always be free and because of its size and traffic, functional hosting alternatives would cost into four digits.

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OA Week 2025: Events in our region

 — Organisation: Open Access Australasia — Thursday 9th October 2025

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