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Australian banks improved their efficiency after the introduction in 2003 of the ASX Principles of Good Corporate Governance, which aimed for improved governance mechanisms and thus better control over bank management. AAP Image/Paul Miller

Good corporate governance is good for banks’ bottom line

Good corporate governance is good for efficiency and profit in banks. But having independent board members and the number of board meetings don’t play a role, research shows.
Better office design is not just about shaping space around tasks we do. www.shutterstock.com

Business Briefing: a better way to design an office

Business Briefing: a better to design an office The Conversation13.9 MB (download)
Research shows that many building codes don't designate the maximum number of people that should fit in an office, but that's not the only problem with standard office design.
The time savings calculated in road project planning are based on incorrect assumptions about driver behaviour. Mick Tsikas/AAP

Modelling for major road projects is at odds with driver behaviour

Projects like Sydney’s WestConnex and Melbourne’s Western Distributor don’t account for real world evidence of driver behaviour in estimating travel time savings.
Much like a Rio Olympics basketball match, the United States’ economy is coming out on top while Australia lags behind. Jim Young/Reuters

Vital Signs: US scores while Australia struggles

The US economy is improving off the back of jobs figures while in Australia, the government is being warned by the Reserve Bank to step up its game.
from www.shutterstock.com

The curious incentives and consequences of negative gearing

What are the consequences of negative gearing policy? We’ve created a board game to model how negative gearing affects housing distribution, based on modelling from Dr Stephen Woodcock.
A TV cameraman shoots a Madame Tussauds Museum figure of US Olympic gold medal swimmer Michael Phelps at Banneker Pool in Washington, to coincide with the opening of the Rio Olympics on August 5. Gary Cameron/Reuters

Business Briefing: the big bucks of broadcasting the Olympics

Business Briefing: the big bucks of broadcasting the Olympics The Conversation16 MB (download)
The amount broadcasters will pay for the rights to the Olympics keeps going up, but is the value of the rights changing?