Road user pricing would encourage people to take non-essential trips at a different time, or not at all.
thomasthethinkengine.com
Charging people to drive has been the dream of policy wonks – serving politicians tend to see it as political poison. So when federal minister Paul Fletcher raises it, that’s a step forward.
Bank customers are tired of the excuses.
Julian Smith/AAP
The universal reform of the banking system will take more than another inquiry.
If the government wants to get serious about tax evasion it should create a public register for beneficial owners of companies.
Martin Philbey/AAP
The government should follow through on setting up a register of beneficial ownership of companies if it wants to get serious about tax evasion.
Increased requirements from APRA could have been a good thing for Australia’s big four banks.
Joel Carrett/AAP
Australia’s big four banks are managing risk well, this could be contributing to their strong performance.
US President Barack Obama departs his last G20 summit.
Jonathan Ernst/Reuters
The G20’s lack of leadership will continue to contribute to the current global economic malaise.
Prime Minister Malcolm Turnbull says China has more freedom to invest in Australia than almost any other country.
Wang Zhao/EPA/AAP
Evidence suggests our foreign investment policy has changed over time, but to what end?
GDP numbers in Australia look good, but when one looks one level below, the picture isn’t so good.
Image sourced from shutterstock.com
The RBA leaves rates on hold, Australia gets a GDP growth spurt from pre-election spending, and the IMF lays the groundwork for a lowering of global growth expectations.
Apple CEO Tim Cook speaks about the new iPhone 7 during the Apple launch event at the Bill Graham Civic Auditorium in San Francisco, California.
Monica Davey/AAP
The Apple business model is failing. Its ability to keep customers confined to the company’s ecosystem cannot be sustained because of the rise of apps and other online platforms.
Research shows that even taking into account all the drivers of the gender pay gap there is still a large portion we can’t explain.
Julian Smith/AAP
Misunderstandings about the gender pay gap diminish the importance of its impact, so it’s time to explain the different ways it’s measured.
There are short term signs that the most recent downturn in commodities may not last so long.
BHP Billiton
The mining industry is more resilient because of the recent downturn and it will be global supply and demand that will affect these companies in the future.
Australian companies need to except the disruption from digital platforms is here to stay.
Dan Peled/AAP
Business Briefing: disrupted companies will need to think global to survive
The Conversation 13.4 MB (download)
Australian businesses need to focus more on the global market and less on giving generous dividends to shareholders.
Companies like Tesla, with batteries and electric cars, are disrupting traditional energy companies in Australia.
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Energy companies shouldn’t rely on government regulation to protect them from the growing disruption from renewables and increased consumer control.
If businesses meet the needs of their employees they will feel like they are growing and will be more productive, research suggests.
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Happy employees, whose basic needs are met, are essential to a productive business.
Apple chief Tim Cook says the EU tax ruling against the tech giant would harm investment and job creation in Europe.
Monica Davey/EPA/AAP
Irish tax case shows the real cost of competition – our democracy.
Both News Corp and Fairfax get a decent profit from their digital real estate services.
Mick Tsikas/AAP
Media companies say their results are an indicator of a transformation taking place from traditional business to newer profitable digital platforms, but it seems the proof is still missing.
The success of companies like T-shirt brand Threadless shows innovation matters in retail.
Todd Kopriva/Flickr
It’s a tough time to be a retailer in Australia, but there are some retailers that have found the formula for success.
Australia is keen to gain greater market access to Asia’s food, wine and dairy markets.
Issei Kato/Reuters
Australia should look to India rather than the US Congress to secure its next regional trade win.
Generous superannuation tax breaks for the rich are creating inequality, analysis shows.
Alan Porritt/AAP
Both the government and opposition’s proposed reforms to the superannuation system will target generous tax breaks given mostly to wealthy retirees.
Guy Debelle is preparing to become Deputy Governor of the RBA.
Lukas Coch/AAP
All in all this was a fairly positive week for global economies.
Although Australia has adopted European emissions standards for cars, these are not as strict as EU or US standards.
Joe Castro/AAP
The court action ACCC has brought against Volkswagen might not succeed because Australia’s emissions standards are not as strict as those in the US and Europe.
New RBA changes could mean SME’s can’t rely on commercial credit cards to pay suppliers and wait out long payment terms with big business.
JOERG CARSTENSEN/AAP
If the RBA includes commercial credit cards in new caps on interchange fees, small to medium enterprises might not be able to use them as a source of finance.
A price on carbon introduced by the Labor government, dubbed the “carbon tax”, was more effective at motivating big emitters to act, compared to the current Direct Action plan.
Mick Tsikas/AAP
New research has found that carbon intensive companies have lost focus on reducing emissions under Direct Action, when compared with the carbon tax.
Australian governments should support the private sector to develop urban rail projects, based on examples from the US.
Dan Peled/AAP
The Australian government should look to the private sector to fund, develop and run more urban rail projects.
China’s reserves of foreign currency mean that it is also reliant on globalisation to a certain extent.
How Hwee Young/EPA
If the world starts to restrict trade and crack down on foreign investment, it will affect China’s growth, which will in turn affect the world.
In a landmark decision, the EU ruled that Apple should pay tax to Ireland.
Shawn Thew/AAP
A landmark decision by the European Commission ordering Apple to pay €13 billion in tax sends a tough message to other multinationals.