Volkswagen has paid a record settlement in the US.
AAP/EPA/Friso Gentsch
Fresh from a record US$15 billion settlement, Volkswagen is resisting paying compensation in other countries.
Money is cheap right now, so where are the returns?
Image sourced from shutterstock.com
Australia needs to change its national accounting system to be more like the private sector.
Once trust in blockchain is broken, it will be hard to get back.
Image sourced from shutterstock.com
Chaos happens when ‘smart’ contracts act stupidly.
Petitioned: Aldi changed its stance on eggs from caged hens.
Flickr/Marji Beach
Groups like change.org have radically altered social activism and both business and government should take heed.
All the policies announced on multinational tax avoidance so far, fail to address one of the simplest avoidance measures used.
Dan Himbrechts/AAP
The reelected Coalition government will be forced to confront multinational tax avoidance more effectively or suffer the revenue problems.
Could blockchain bring the traditional CEO unstuck?
Image sourced from shutterstock.com
Imagine a CEO that could bridge international work days, across country markets, working 24 hours a day.
Disputed: Taiping Island, in the South China Sea.
Office of the President of Taiwan
Business Briefing: Trouble in the South China Sea
The Conversation 14.1 MB (download)
The international court ruling against China's expansion in the South China Sea puts Australia in a tricky situation.
shutterstock
Multiple use cases for the blockchain are currently being tested, so it’s worth learning the basics.
Consumers won’t be able to use PEXA anytime soon but it might streamline the buying and selling of property.
Dan Peled/AAP
The paperless property market is now a reality and it could provide a faster more efficient sales. But its unlikely any consumers will be using the system themselves.
Malcolm Turnbull’s plan for small business: you can’t please all of the people all of the time.
Lukas Coch/AAP
Some policies split the traditional supporters of the Coalition, while others will put the government at odds with key Senate cross benchers.
Both domestic and global economic challenges face the new Turnbull government.
AAP/Paul Miller
The government should consider five options to increase economic growth.
Protectionism is popular again.
Kai Pfaffenbach/Reuters
First clue: inequality.
The good news is the post-Brexit market movements in high-yielding currencies have been relatively benign.
Jason Lee/Reuters
China will not be able to rescue Australia if another crisis hits.
A greyhound at a protest the abuse of greyhounds at the hands of the racing industry.
Jordan Rivkin/AAP
The greyhound industry has been numerous opportunities to reform like any other industry. But it failed and that why it deserves to be shut down.
Lost in translation. Australia will have to try harder to attract Chinese tourists.
Tourism Australia
Australia will have to adapt its tourism offerings to attract of growing market with changing expectations.
The Turnbull government needs to learn a thing or two from hacker culture.
Yahoo/Flickr
Innovation is not just about taking risks, but minimising and managing them.
Australia is one of a small number of countries that enjoy a AAA rating.
Image sourced from shutterstock.com
Ratings agency S&P seems unconvinced of the Australian government’s ability to reduce the budget deficit.
The budget repair necessary to keep Australia’s AAA credit rating seems even less likely after the election.
Craig Golding/AAP
Budget repair seems even less plausible after this election and this is the main risk to Australia’s AAA credit rating.
Today’s ‘office’ for many is anywhere with a reliable internet connection.
Myles Tan/Flickr
If you could work from anywhere, where and how might you live?
At the moment there is official classification for gig work, like the type uber drivers do.
Reynaldo Vasconcelos/Newzulu
Workers in the gig economy have to deal with labour insecurity but they also take on more risk by using their own money to buy the tools they need to work.
Difficult to measure, easy to see.
Tom Simpson/Flickr
Understanding fear is a useful tool for any investor.
Barnaby Joyce of the Nationals and Senator Nick Xenophon and his team may have more influence post election.
Alan Porritt/AAP
Business Briefing: Hanson, NXT and The Nationals, bad for business?
The Conversation 14.8 MB (download)
The newly elected Senate crossbenchers and a stronger Nationals representation could mean bad news for trade deals but good news for local industry.
Andrea Hayward/AAP
The election has plunged the country into uncertainty and has placed a possible question mark over Australia for companies looking to invest.
Reserve Bank of Australia governor Glenn Stevens and his successor should learn from the mistakes of other central banks.
Dean Lewins/AAP
It’s not as easy as increasing quantitative easing when it comes to what central banks can do to address the current global uncertainty.
Investors need to know if there is impairment of assets, but research shows firms don’t always disclose all the information they should about this.
Dean Lewins/AAP
Managers of well-known Australian companies are misleading investors by taking years to recognise asset impairments and not disclosing that information in financial reporting.