The warty pumpkin: beautiful on the inside.
Circleville Pumpkin Show/Flickr
Convincing people to love ugly food makes sense for farmers and retailers, but will shoppers buy it?
Prime minister Tony Abbott has said the upcoming budget will be “routine”.
AAP/Nikki Short
Discussions of tax usually focus on tax rates, not on tax bases. But both offer possibilities to increase the total tax take.
Images of destruction in Vanuatu may sway tourists to stay away for up to 12 months.
AAP/UNICEF
Vanuatu’s tourism industry has taken a beating from Cyclone Pam, but prospective visitors shouldn’t think that will be the case long-term.
NSW Treasurer Andrew Constance with the 2014 budget. An economic analysis has found electricity revenues have been crucial to keeping the NSW budget in surplus in recent years.
Paul Miller/AAP
We found that without state-owned electricity revenues, the NSW Coalition government would have struggled to avoid recording deficits in every budget since its election in 2011.
Research ethics panels could benefit from more people with skin in the game.
Image sourced from shutterstock.com
If all researchers were required to serve time on an ethics committee, not only would the system look entirely different, human research subjects might get greater protection.
The losers from reducing minimum wage are obvious - but it is more difficult to assess the winners.
Image sourced from www.shutterstock.com
Those currently depending on the minimum wage and penalty rates would be hit by any reduction - but overall, there may be a net social gain.
Journalist George Megalogenis takes an affectionate journey through the milieu of Australia’s economic reform in a new ABC documentary, Making Australia Great.
ABC TV
A line-up of former prime ministers stake their rival claims to making Australia great, in a new series by journalist George Megalogenis.
Insider trader Lukas Kamay will serve a minimum of four-and-a-half years in prison.
Julian Smith/AAP
The sentences handed to insider traders Lukas Kamay and Christopher Hill send a strong message, but preventing the opportunity for such crimes to occur is just as important.
‘Fairness’ tops Bill Shorten’s policy agenda for the Labor Party, so it’s time we defined what’s fair and what isn’t.
Paul Miller/AAP
If every policy decision must pass the ‘fairness test’, will Australia end up making unfair decisions?
Since the founding members signed on to the the Asian Infrastructure Investment Bank in China last October, more Western powers have agreed to join.
Takaki Yajima/EPA/AAP
It makes sense for Australia to join Britain and New Zealand in the newly created AIIB, but it’s unlikely we will have any significant influence over the organisation.
The importance of data and “just-in-time” decision-making may mean the background of CEOs could change.
Image sourced from www.shutterstock.com
Finance backgrounds have traditionally been the preferred skills for an aspiring chief executive. But in the age of Big Data, that may be changing.
The federal and NSW governments have thrown their support behind the WestConnex toll road, but are they looking at the wrong numbers on projected usage?
AAP Image/Paul Miller
Australia has a history of over-predicting the usage of roads, a fact worth remembering when you hear the NSW government say 120,000 cars a day will use Stage 3 of the WestConnex.
China has been the manufacturer to the world on the back of low wages. But authorities are now targeting innovation.
Flickr/Chris dcmaster
Once the world’s factory, China is shooting up the innovation rankings. There are important lessons there for Australia.
The way pensions are indexed can have a significant impact on the end payment.
Alan Porritt/AAP
Australia’s rising number of pensioners leaves the government conflicted on pensions and how they are indexed.
Then NSW treasurer and now Premier Mike Baird, shaking hands in 2013 to mark the handover of Port Botany under a 99-year lease – the same period as has been proposed to lease state electricity assets to private operators.
Dan Himbrechts/AAP
Privatising public assets is like a tradesperson selling her or his tools when facing a temporary income shortfall. Much better to borrow at low interest rates and productively invest those funds.
One in ten pensioners will live for 10 years or more beyond the average person.
Joe Castro/AAP
The policy solution to the ageing population laid out in the Intergenerational Report benefits the better-off in the future over the less well-off today.
Allowing people to raid their superannuation early is likely to have significant unintended consequences.
Image sourced from shutterstock.com
Australia’s retirement income system is unsustainable, and there seems little political appetite to tackle the big issues.
Traffic congestion in the major cities is expected to cost Australians A$20.4 billion a year by 2020.
Image sourced from Shutterstock.com
Linking population growth with productivity and labour participation is problematic, just one of many questionable assumptions made in the Intergenerational Report.
The supply side of information security professionals is not keeping up with the demand.
Image sourced from Shutterstock.com
As the US and UK look to the opportunities presented by cybersecurity, Australia is still dealing with a critical skills shortage.
People’s beliefs, emotions, and state of mind influence economic performance and prosperity.
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The fact is, people do not always behave dispassionately and logically. Which is why measuring consumer sentiment matters.
Immigrant workers who overstay their visas are easily exploited by unscrupulous employers.
Julian Smith/AAP
Without workplace reform, Australia is at risk of a US-style migrant worker problem.
It would seem odd that the guesses of a random collection of people inform economic policy. But there’s more to consumer sentiment than that.
As transport networks increasingly rely on technology, protecting the systems underpinning them is a growing priority around the world.
Image sourced from Shutterstock.com
A security rethink is required for protecting critical infrastructure - and it relies on accepting not all attacks can be prevented.
Generation Y should be able to afford a more expensive lifestyle than their baby boomer parents.
N i c o l a/Flickr
If we accept that the rich should subsidise the poor, then Gen Y should be subsidising the baby boomers.
Not everyone being paid the minimum wage will move beyond these conditions.
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The Productivity Commission appears to want to steer public debate on the minimum wage in a particular direction.