As part of its program to cut red tape and bureaucracy, the Australian government is set to repeal the 100-member rule. The rule contained in the Corporations Act forces a company to hold a general meeting…
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Recently, the head of the Australian Securities and Investments Commission, Greg Medcraft, called Australia a “paradise” for white-collar criminals. Soon after he recanted, claiming he didn’t want the…
When the G20/G8 summits moved on from Toronto in 2010, they left an US$11 million bill in business compensation claims. To minimise the effect of preparations on businesses preparing for next month’s G20…
Rupert Murdoch’s special address to an exclusive meeting of the world’s most powerful finance ministers got a second airing this week. In a breathless front-page “exclusive” in The Australian, Paul Kelly…
In the lead-up to next week’s Melbourne Cup, bookmaker Tom Waterhouse is heavily marketing a “$25 million bet that stops a nation”. All you have to do is give him A$10 and if you place the first 10 horses…
Recently, we heard a bold statement from federal Industry Minister, Ian Macfarlane, regarding the procurement of Australia’s new submarines. “I can promise you this,” he said, in an interview with ABC…
Electric vehicle maker Tesla will soon deliver its cars to Australian roads. This promises to change both the type of cars we drive and potentially the way we buy them. Tesla remains a relative oddity…
John D. Rockefeller turned in his grave when the news drifted down to Hades that the Rockefeller Brothers Fund is divesting from fossil fuel companies … even from John D’s once very own Exxon. The shrill…
Following its stepped up year-long review of European banks, the European Central Bank this weekend failed 25 of the 130 banks it tested on the strength of their capital buffers to protect against a downturn…
The typical insider trader is male, aged between 30 and 49, and holds a company director position, according to a new study from researchers at the University of Melbourne. The study analysed all insider…
Australian telecommunications company Telstra has this week announced its intentions to significantly develop its health business. The latest addition to its portfolio of health services will come through…
In a democracy governments cop criticism: that’s a rule of politics. Opposition parties and politically-aligned organisations will always exploit opportunities to have a go at the government. But it is…
There is an unexpected revolution underway in road safety. True, the highly visible community-wide programs continue, but behind the scenes there are major changes underway in how safety will be managed…
Australian prime minister Tony Abbott met with newly sworn Indonesian president Joko Widodo after his inauguration in Jakarta, inviting him to attend the G20 Summit in Brisbane. But Jokowi, as the new…
Ten years on from the Australia-US Free Trade Agreement, Australia is entering another round of negotiations towards the new and controversial Trans-Pacific Partnership. In this Free Trade Scorecard series…
“Where were you when Gough was sacked?” This of course refers to Remembrance Day, 11 November, 1975, when the elected prime minister Gough Whitlam was sacked by Governor-General Sir John Kerr in cahoots…
Traditional funding sources are becoming inadequate to meet public transport demands in Australian cities, despite the broad economic and social benefits public transport brings, such as cost savings associated…
“Men make history,” Karl Marx wrote in 1859 in his Critique of Political Economy, “but not always in circumstances of their own choosing”. Whitlam himself would have chosen a different year to be his time…
I will never forget the late summer day on which Johnny Smith (not his real name) came to my office at UNSW full of excitement about his incipient undergraduate career. “I want to work as an investment…
China’s economy grew by 7.3% during the third quarter of 2014, meeting market expectations. Polling by Reuters and the Wall Street Journal put the consensus forecast at 7.2-7.3%, the slowest pace in more…
Autonomous vehicles, or self-driving cars, are likely to be seen more widely on roads in 2015. Already, legislation authorising the use of autonomous vehicles has been introduced in the US states of Nevada…
In the space of just six months, the Australian Competition and Consumer Commission has launched two major cases against supermarket giant Coles for alleged unconscionable conduct against its suppliers…
The IPO of Medibank Private is set to take place on November 25, and the indicative share price range in the prospectus released today suggests a market capitalisation of between A$4.3 billion and A$5.5…
Ten years on from the Australia-US Free Trade Agreement, Australia is entering another round of negotiations towards the new and controversial Trans-Pacific Partnership. In this Free Trade Scorecard series…
Ask anyone on the street or in the pub about immigration and they’ll invariably say it’s all about boats, 457s and more boats. But immigration policy is obviously about more than just that, and in parallel…