The ageing of Australia contributes to its structural deficit.
Flickr/Jonas Boni
Beyond short-term revenue and expenditure, Australia’s structural deficit continues to grow.
Customers have the most to gain out of a review of the powers of the Financial Services Ombudsman, which sits under ASIC.
Sergio Dionisio/AAP
Out of the many changes the federal government has made to ASIC, the review of the Financial Ombudsman will have the biggest impact on customers.
People judge companies that renege on social causes more harshly.
AAP//NewZulu/Richard Milnes
Withdrawing support for marriage equality can prompt a community backlash and alienate employees and customers.
The budget hasn’t got any slimmer in recent years, but it is less useful.
Alan Porritt/AAP
There’s a reason it’s getting harder to get any value from the budget.
Prime Minister Malcolm Turnbull wants the states to overhaul their tax systems.
Lukas Coch/AAP
It makes sense for the federal government to grease the wheels of federal-state tax reform.
A company tax cut favours large corporations at the expense of small business.
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Business groups point to a GDP stimulus from a company tax cut, but modelling shows small businesses miss out.
Reuters/stringer
The first years of the millennium were kind to government finances. A benign economic environment, and a once-in-a-century commodity boom fuelled by Chinese growth, helped the Federal budget to a cumulative…
Politicians may like to cut ribbons, but there’s also good evidence public spending on infrastructure drives productivity.
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The work of David Aschauer could help the government put a more positive spin on spending.
A study has found that Australians aren’t primarily motivated by racism in their attitudes towards Chinese investment and foreign investment.
Lukas Coch/AAP
A survey has found that the percentage of foreign ownership is more worrying to Australians than the country-of-origin of the investment.
Under construction: it’s extremely hard to measure productivity in construction or any other sector.
AAP Image/Richard Wainwright
Voters will hear a lot about productivity in the lead up to the budget. The key thing to remember is that it’s a very rubbery concept, enormously tricky to measure and highly politicised.
Not Boaty McBoatface?
EPA/NERC/AAP
The NERC is not the first organisation to come unstuck by asking for public input.
A special purpose liquidator is used to investigate certain aspects of a case, like Clive Palmer’s involvement with Queensland Nickel.
Dan Peled/AAP
Special purpose liquidators are appointed by courts to pursue specific tasks in liquidation, in the case of Queensland Nickel, this will mean investigating Clive Palmer’s dealings.
Not all data are the same.
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The Productivity Commission’s inquiry into access and use of public and private data risks failing to achieve anything meaningful.
Was Scott Morrison right about the powers of ASIC?
AAP/Richard Wainwright
After Labor proposed a royal commission into the banking industry, Treasurer Scott Morrison said the Australian Securities and Investments Commission (ASIC) has all the powers of a royal commission and more. Is that right?
Malcolm Turnbull may find political realities make delivering promises impossible.
AAP/Richard Wainwright
Turnbull’s budget conundrum: promise too much and fail to deliver, or do too little and cruel his electoral chances.
Owner operator truckers argue that the pay order from the Road Safety Renumeration Tribunal is pricing them out of the market.
Dan Peled/AAP
If the federal government abolishes the Road Safety Renumeration Tribunal, a minimum pay to improve the safety of truckers is less likely to ever be addressed.
Ratings agency Moody’s is worried about the trajectory of Australia’s government debt.
Andrew Gombert/EPA/AAP
This week the IMF warns of secular stagnation while Moody’s ponders a credit downgrade for Australia if GST and negative gearing are not tackled.
Professor Allan Fels speaks about the compensation process for underpaid 7eleven workers.
Julian Smith/AAP
Former ACCC head comments on calls for a royal commission into the banking sector.
Chinese businesses are unsure about how import duties will be applied, and so removed some imported products.
Michael Reynolds/AAP
China’s newly introduced “e-commerce laws” are actually just closing a loophole in regulation and shouldn’t be seen feared by Australian businesses trading with the country online.
China must boost its productivity to compete with TPP members.
China Daily Information Group/Reuters
To create a resilient domestic economy, certain features of the “old” economy may still be required in China.
What’s missing from the Panama Papers data drop is as important as what was leaked.
Reuters/Carlos Jasso
Authorities have been slow to respond to the tax revelations of the Panama Papers.
Was Anthony Albanese right about truck driver pay and safety?
AAP Image/Joel Carrett
Was Shadow Minister for Infrastructure and Transport, Anthony Albanese, right to say that evidence shows better pay for truck drivers will improve safety?
It’s not easy to build an innovative culture when everyone’s focused on just keeping the organisation afloat.
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Before you call in the consultants, stress test your business strategies, intrapreneurship and culture.
Can culture be regulated?
AAP/Dean Lewins
There are limitations to the narrative that more regulation can help tackle toxic bank culture.
The court may find Clive Palmer was a shadow director of Queensland Nickel if he is found to have been calling the shots.
Dan Peled/AAP
Clive Palmer denies being a shadow director of Queensland Nickel, but in eyes of the law, it will be his involvement in business decisions that matters.