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Hospitality workers, along with fast food and retail workers, will have Sunday and public holiday rates cut under the decision. Lukas Coch/AAP

Cutting Sunday penalty rates will hurt young people the most

The Fair Work Commission's latest decision to cut certain Sunday and public holiday penalty rates continues a tradition of undervaluing young workers.
The study found business students were concerned about their future employers’ corporate social responsibility. Mays Business School/Flickr

Business students willing to sacrifice future salary for good corporate social responsibility: study

Results from a study of business students show how committed they are when it comes to working for socially responsible companies.
Australian banks’ capital levels must be ‘unquestionably strong’, according to the Financial Systems Inquiry. AAP/Dean Lewins

APRA fiddles on bank risk while Rome burns

Some argue, determinedly and erroneously, that when functioning correctly bank capital levels are almost magical things.
In trickle-down economics , accommodating for big business creates flow on effects for other smaller parts of the economy. www.shutterstock.com

Explainer: trickle-down economics

The basic idea of trickle-down economics is that giving economic help to companies or people at the top of society should generate benefits for those in layers further down.
The Turnbull government should be focusing on giving new businesses, not small businesses, a tax cut if the aim is ‘jobs and growth’. Stephanie Gardiner/AAP

Why small business tax cuts aren’t likely to boost ‘jobs and growth’

Based on evidence, policies which seek to encourage job creation and innovation via a tax cut should preference large or new businesses, rather than small ones.
New South Wales is the state that has suffered the biggest fall in available public housing stock since 2009. This has led to protests. Teresa Parker/AAP

Australia needs to reboot affordable housing funding, not scrap it

Although the federal-state agreement does it inadequately and lacks transparency, an enduring program of federal funding for operational expenses is essential to sustain the social housing system.
Any attempt to improve security for tenants should not deprive them, or their landlords, of the flexibility that many also want. David Crosling/AAP

Rental insecurity: why fixed long-term leases aren’t the answer

Any attempt to improve security for tenants should not deprive them, or their landlords, of the flexibility that many also want. The key problem is landlords' ability to give notice without a reason.
On current trends, renters will eventually outnumber home buyers, representing a fundamental shift in how the economy and wealth generation work. Mick Tsikas/AAP

Moving on from home ownership for ‘Generation Rent’

Generation Rent may force a complete rethinking of home ownership as a basis of our housing systems. Rather than representing security, these housing markets make us vulnerable.
Young women in the survey showed less interest and knowledge on long-term investments. www.shutterstock.com

Young women can budget in the short term but struggle with long-term investments: survey

Young women are are confident in implementing budgeting and savings strategies, but lack the knowledge and confidence required to implement long-term financial strategies, a new pilot study finds.