Business + Economy – Analysis and Comment

The compulsory super scheme in Australia is clearly superior to the voluntary 401(k) scheme utilised by the United States. Image sourced from www.shutterstock.com

Our super system isn’t perfect - but for a failure, look to the US

When you consider that the average US household will have just $104,000 in retirement savings, Australia's compulsory super system starts to look like a really good idea.
Australia Post chief Ahmed Fahour is managing in difficult times. Tracey Nearmy/AAP

Superstar CEOs no substitute for diverse leaders

It's easy to assign all of the wins and losses of a company to CEO performance, but when the going gets really tough it's the teams behind them that matter.
Sharemarket volatility demonstrates global frothiness; nevertheless the case is weak for an interest rates cut. AAP/Dan Peled

Trouble looms, so rates should hold

The best course of action for the Reserve Bank is to hold off changing rates; but the longer term case for an increase is changing.
Developers levied by local governments to provide essential infrastructure over-inflate that cost when passing it onto buyers. AAP/Paul Miller

Inefficient tax slugs all homebuyers

Developers are inflating the infrastructure charges levied upon them by as much as 400% - and all buyers end up paying.