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Business + Economy – Articles, Analysis, Comment

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Norweigian oil rig. Black Inc. Books

Book Review: Trillion Dollar Baby

Paul Cleary makes a good case as to why Australia should follow Norway as an example of how to tax miners in Trillion Dollar Baby.
The Commonwealth Ombudsman will investigate Centrelink’s automated debt-recovery system. AAP/Dan Peled

Why Centrelink should adopt a light touch when data matching

Centrelink’s debt recovery system is using information in a way that it was not designed to be applied, without properly adjusting for differences between the tax and social security system.
The failures of the 2016 Census have caused many Australians to ask whether it’s really worth it anymore. Carlo Allegri/Reuters

In a world awash with data, is the census still relevant?

The Australian Census has been taken since 1911. But is it still necessary in today’s world of mass digital data collection?
Bill Gates embraces Facebook’s Mark Zuckerberg during an announcement of the Chan Zuckerberg Initiative to ‘cure, prevent or manage all disease’ by the end of the century. Beck Diefenbach/Reuters

Philanthropy’s tech billionaire reboot could be good for policymaking

The priorities of science are being influenced less by government policy and academia, and more by the priorities of the philanthropic giver.
Proponents of the universal basic income overlook its potential to be a reverse Robin Hood scheme. Ibai/Flickr

Universal basic income: the dangerous idea of 2016

The present Australian social security and welfare system can be viewed as a UBI scheme with exceptions for people who don’t need it.
Commonwealth Bank CEO Ian Narev got a 50% pay rise despite scandals involving the bank in 2016. Dan Himbrechts/AAP

ASIC gives the banks cause for Christmas celebration

Just before everyone sits down for their Christmas dinner ASIC has handed two of Australia’s big four banks a big present.