Amid the ongoing debate over the future of penalty rates, a subtle but important issue also deserves to be examined: their impact on Australia’s “cash economy”. The Fair Work Commission is currently reviewing…
Academic rigour, journalistic flair
Business + Economy – Articles, Analysis, Comment
Displaying 4751 - 4775 of 7358 articles
The wheels of justice grind exceedingly slow and nowhere slower than in the Sydney headquarters of the Australian Securities and Investments Commission (ASIC). A recent report appears to show that ASIC…
Arbitrage is a term often associated with billion dollar hedge funds and opaque finance trades. But it exists in day-to-day life in all sort of ways – from “gaming” public transport, to pitchsiding at…
It has been suggested that, with care and dedication, you can assemble a Masters of Business Administration for free. Perhaps unsurprisingly for those in the know, the idea hasn’t caught on. When leading…
Can a wine drinker judge the quality of a bottle by its price? The nature of this relationship has always been contested. We expect that consumers are willing to pay more for higher quality wines, while…
A recent public poll showed that of Australia’s recent federal treasurers, Peter Costello and even John Howard were rated higher than Paul Keating. Joe Hockey was rated the worst. Today’s release of the…
The large Queensland liquefied natural gas (LNG) projects currently under construction will begin production over the next two years. Exploiting previously unused reserves of coal seam gas, the LNG produced…
Accountants around the world are currently considering how the organisations they work for can meet the UN’s Sustainable Development Goals. As experts in measurement and data controls, analysis, reporting…
In April, Treasurer Joe Hockey set the tone for his economics policies in a speech in New York on what he referred to as ending the “entitlement culture”. Hockey, who had given a defining speech in 2012…
Shortly after the G20 summit in Brisbane, German Chancellor Angela Merkel and Australian Prime Minister Tony Abbott announced initiatives to increase trade and investment relations between Germany and…
While this year’s relative stability in crude oil prices appears to have lulled us into a false sense of security, the dramatic fall over the last few weeks reminds us just how volatile these prices can…
Dark pools are growing in popularity and now account for more than 15% of total trading in some stock markets. But despite such trading being blamed by some commentators for everything from market instability…
Ex-NSW Premier Nick Greiner has proposed that land value embedded in public housing estates be recycled to generate new social housing - by redeveloping the estates into higher density living. Greiner…
The missing element in this week’s mid-year economic and fiscal outlook, and more broadly, in current government policy, stares Australians in the face. Revenue needs to be increased. Increasing taxes…
The failed Great Southern class action, which saw lawyers receive substantially more compensation than victims, could be seen as making the case for contingency fees. The Productivity Commission recently…
Last week, Quartz published an article showcasing photographs pilots have taken from the cockpit of aircraft to post on Instagram. As explained in the story, by taking these photos – many of which appear…
Australia is now in an income recession. A fortnight ago, when the National Accounts revealed a second quarter of negative growth in seasonally adjusted real gross domestic income, treasurer Joe Hockey…
The government’s recent budget outlook (MYEFO) confirmed that the Australian government budget is rotten at the core. The government is hopelessly living beyond its means, with expenditure greater than…
Treasurer Joe Hockey is experiencing difficult times. Deteriorating terms of trade and an uncooperative senate mean that he cannot deliver the surplus when he said he would and he cannot continue to cut…
Earlier this year, I attended a dinner for about 150 people. The first thing we all did was head for the bar to grab a drink, swamping the staff and setting back the dinner schedule by nearly two hours…
The federal budget deficit will blow out to A$40.4 billion in 2014-15, up from the $29.8 billion forecast in May’s budget, according to the Mid-Year Economic and Fiscal Outlook (MYEFO) released today…
In an interview with the Australian Financial Review last week, Reserve Bank Governor Glenn Stevens suggested the Australian dollar might fall to US75 cents in 2015. And he intimated that it wouldn’t be…
Victoria’s public-private partnerships (PPPs) are a mess. Their democratic standing has never been lower. They have always trumpeted better value for money and more timely delivery, but with the contract…
The Financial System Inquiry has taken a “slow and steady” approach to financial crowdfunding, despite perceptions that Australia is lagging behind in this area. While acknowledging the wide range of global…