The global economy may be more fragile than at any time since the financial crisis, Malcolm Turnbull said today.
AAP/Tracey Nearmy
Prime Minister Malcolm Turnbull’s first major post-election economic speech revealed not a hint of awareness that large swathes of the electorate had been unpersuaded by his major policy programs.
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 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.
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Business Briefing: a better to design an office
The Conversation 13.9 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.
Businesses need to use simple technology more effectively, as opposed to robots like Softbank’s “Pepper”.
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When it comes to using technology, businesses don’t always get it right.
The time savings calculated in road project planning are based on incorrect assumptions about driver behaviour.
Mick Tsikas/AAP
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.
There is a risk of cyber attack from China on Australian assets like Ausgrid.
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There is a real threat from Chinese ownership of electricity networks such as Ausgrid. The Treasurer needs to be more frank about these threats.
Glenn Stevens upheld the independence of the RBA in his time as governor.
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Glenn Stevens’ legacy shows how to maintain the independence of the Reserve Bank in crisis as well as the limits of monetary policy.
Much like a Rio Olympics basketball match, the United States’ economy is coming out on top while Australia lags behind.
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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.
The bids from two Chinese firms for the lease of NSW electricity network Ausgrid have been rejected by the Australian Treasurer.
Mick Tsikas/AAP
The Chinese government is changing its role in state-owned enterprises and there’s less cause for concern about the investment bids of these firms in Australia.
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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.
The health sector has been plagued by problems from privatisation similar to those in vocational education.
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The presumption in government is that privatisation is always desirable, but many failures have led consumers to think differently.
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.
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Business Briefing: the big bucks of broadcasting the Olympics
The Conversation 16 MB (download)
The amount broadcasters will pay for the rights to the Olympics keeps going up, but is the value of the rights changing?
Rating agencies like Standard and Poor’s have a bad track record when it comes to advice on the economy.
Brendan McDermid/Reuters
Credit rating agencies have a poor track record when it comes to evaluating risk.
Promotional messages are everywhere.
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As customers gain more control of their media environment, advertisers have to go to greater lengths to get their brand name seen, known and remembered.
Everyone has psychological capital to draw on in times of stress.
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An optimistic, resilient worker is what every manager wants. Can it be taught?
India’s GST still needs to pass some check points but it promises economic reform.
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India stands to economically benefit from the introduction of a Goods and Services Tax. Australia could also cash in.
Former Treasurer Wayne Swan first introduced the idea of a post-election costing of policies.
Reuters
The 2016 post-election report from the Parliamentary Budget Office lacks context and comes too late to inform voters.
Social networking sites can have a major impact on children’s perception of fast food.
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The use of social networking sites by fast food companies to target children is a regulatory grey area.
Women may be happy in jobs that are stereotypically seen as ‘women’s work’ because of the way gender roles have developed over time.
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Women may be happy in roles that are associated with gender stereotypes but the gender pay gap persists and women certainly aren’t happy with that.
A business cannot price “too low” or it breaks the law, but undercutting competitors is not necessarily illegal.
Paul Miller/AAP
It’s time that Australians debated the objective of our competition law. It shouldn’t just be left to the courts.
banks.
Andrew Maccoll/Choice/AAP
Lower interest rates will only have the stimulatory effect required if they are passed on to borrowers.
Mobile payment services could be affected by the complexity the Trade in Services Agreement creates.
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A WikiLeaks release of confidential documents about a multinational trade agreement shows it will add more complexity to trade in services which may cost Australian businesses.
Greater efficiency does not necessarily flow from greater competition.
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Competition between super funds should drive innovation and efficiency, not be an ideological tool.
The long-awaited look into super is happening.
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The Productivity Commission has set in train a comprehensive evaluation of how super works.
Bank tellers might not need to be worried about their jobs with the rise of cashless payments.
Dean Lewins/AAP
Despite a rise in cashless payments and a drop in customers drawing out cash, bank tellers might still have a future.