A big increase in employment but the unemployment is flat. Addressing this will be a challenge as all our options have downsides.
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Personal income taxpayers are shouldering more of the burden, while less revenue is coming from taxes on companies, capital and consumption. Only major reforms will change these sustained trends.
Tech companies overseas are signing collective agreements with their employees. Might Australia be next?
Many children receive gift cards or even ask for them so they can choose their own presents. But are youngsters ready to handle the wiles of advertisers and the complexities of ‘credit’ on a card?
There is even more research showing open-plan environments can actually have negative impacts on collaboration. Workspaces should provide various options for different work styles and preferences.
Many vulnerable workers aren’t covered for work-related injuries and illness. Employment law is largely a federal matter while compensation schemes are state-run, but there’s a way to fix the problem.
News that Australian CEO pay has soared to a 17-year high at a time when ordinary workers’ wages are flatlining is ultimately bad news for economic growth and prosperity.
There is very little evidence that overall labour market insecurity is getting any worse. Trends are stable for rates of casualisation, churn, self-employment and multiple job holders.
The strong reaction to plastic bag bans is because consumers feel supermarkets violated an unspoken agreement.
The Pakistani women who make the majority of the world’s high-quality soccer balls belong to one of the most vulnerable groups in the global economy.
Workforce participation rates for older women have increased greatly, but most workplaces have yet to realise the benefits of helping them to manage the impacts of menopause.
Bitcoin’s rise and fall to date already makes it one of the greatest market bubbles in history. In turbulent times, some have suggested it as a substitute for gold, but it lacks some vital attributes.
Restructuring might help manage conflicts of interest between offering advice and selling products, but it doesn’t fix the culture that sacrifices customers’ interests to the pursuit of profits.
The only predictor of boards reaching 30% female directors is if it has a director who sits on another board that has already met the target.
Societies that are happier than others would be reflecting more confidence and trust in their institutions and economic systems.
Billions of taxpayer dollars are committed before all the evidence for, and against, infrastructure projects is in. As well as missing business cases, basic rules of economic modelling are broken.
Under the right circumstances, most people will act in ways that are opposed to their own morals.
With enough will and resourcing, many of the structural issues that make financial services a trial for many Indigenous consumers can be overcome. But we need more regulation to deter sharp practice.
The unknown loser is who pays for the additional Commonwealth funding.
“You can’t just come in like a fly and take-off” - patience and time on community is key to improving financial well-being in remote communities.
Splitting company boards and allowing employees to elect board members are just the start of the reforms needed to fix corporate governance.
To make a concession to the coal lobby would flout the technology-neutral foundation of the NEG and have much more serious implications than throwing in some money to boost the GST pool.
We are seeing widespread financial exploitation because of cultural, economic and political factors that haven’t been addressed. Regulators should do more.
Housing affordability has declined significantly over the past few decades. Slowly reducing negative gearing and capital gains, and switching to property taxes, could reverse this trend.
From the 20th-century process of policy trial and error, the nations that married the strengths of markets and government came out ahead.