Business Briefing: Former chief World Bank economist on inequality and doing away with big money
The Conversation22.3 MB(download)
A former chief economist to the World Bank and economic adviser to the Indian government says doing away with big currency notes is a noble idea but an ineffective tool.
The banks could have used their collective bargaining power not only against Apple for Apple Pay but also stall the adoption of mobile payments in Australia.
The government says its changes to foreign investment will increase housing supply and make it more affordable, but that’s relying on narrow and possibly incorrect assumptions about investors.
Government agencies are investigating how to start regulating trading algorithms. But algorithms are ubiquitous and we need to make sure we don’t stamp out good ones.
Ordinary people, startups and even the economy in general are being held back by an arbitrary distinction – what does it mean to be a “sophisticated investor”? It doesn’t need to be this way.
When workers don’t have leave and are in temporary employment, new research suggests they are likely to use small acts of deviant behaviour to find satisfaction in work.
The community needs affordable housing and that requires meaningful targets for new developments. The only ones who will lose out are landholders who make windfall profits from rezoning.
the end of the mining boom has breathed new life into parts of the Tasmanian economy. But there are also several worrying indicators – like population growth and unemployment – to be addressed.
Western Australia posted enviable growth numbers for a long time. But the trend is now going the wrong way, and unless something is done soon there will be difficult times ahead.
Business Briefing: fixing culture in banking and finance
The Conversation19.7 MB(download)
"Banking culture" has drawn a lot of scrutiny this year, after several high-profile scandals. But Professor Paul Kofman says there isn't much evidence for how to intervene if there's a problem.