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Should housing policy and tax reform be driven by pricey Sydney housing? Aaron Jacobs/Flickr

Housing bubble or not, negative gearing should stay

The perennial debate about negative gearing of residential property investments has been reignited yet again, by two reports in the past week. The International Monetary Fund has nominated taxes on housing…
Australia’s highest paid CEO Nicholas Moore saw his salary grow to $13.1 million this year. Tracey Nearmy/AAP

CEO pay study shows how much Australians tolerate inequality

Almost everyone in a study soon to be published in Perspectives on Psychological Science thinks chief executive officers are paid significantly too much - almost everyone it suggests, except Australians…
A review of federalism and taxation should begin with recognising the value of what we have created as a nation. Flickr/Ross Thomson

Why we should consider ourselves a nation first, a federation second

The reform of Australia’s federation is under review. So far in our special series, leading Australian academics have discussed the future of the federation when it comes to taxation, education and health…
Dealing with housing bubbles can get messy for central banks. Shutterstock

Home loan limits and buffers won’t stop a housing bubble

Australia’s central bank has formally flagged the use of macroprudential tools to address what it called “unbalanced” lending in its most recent Financial Stability Review. Loan-to-valuation ratio (LVR…
Australia is pushing for the creation of a G20 infrastructure hub. www.shutterstock.com

Building big: does Australia need a global infrastructure hub?

Infrastructure investment is failing to attract the funding it needs to support global growth. As of June 2014, the managed funds industry in Australia had just over $2.4 trillion dollars under management…
Trades deals, such as the one between Australia and Singapore, may require extensive cooperation between the Commonwealth and states. AAP/EPA/Wallace Woon

Federalism reform and trade policy must go hand in hand

The reform of Australia’s federation is under review. In this special series, we ask leading Australian academics to begin a debate on renewing federalism, from tax reform to the broader issues of democracy…
Sustainability reporting still lacks consistency and comparability. Image sourced from www.shutterstock.com

Style over substance: sustainability reporting falling short

Once on the fringe of institutional investors’ considerations, reporting on environmental, social and governance related issues is now common practice among major listed companies. But the quality and…
In Indonesia, motorists quickly line up in the petrol station before subsidised fuel price go up. EPA/BIMO SATRIO

Priming for Indonesia’s fuel subsidy cut

Discounts for fuel in Indonesia have been hurting Southeast Asia’s largest economy. Set to inherit an account deficit when he takes office in late October, newly elected president Joko Widodo has pushed…
When big business misuses its market power, proving it can prove a challenge. Riccardo Cuppini/Flickr

Big business, market power and why we need more test cases

In advocating greater competition, less regulation and reduced red tape, the Harper Committee’s 300 page draft review of competition policy largely colours between the lines of its extremely broad terms…
Some price signalling can help consumers. Aaron Amat/Shutterstock

Why it’s time to scrap price signalling laws

Among the 52 recommendations contained in the draft report on Competition Policy from economist Ian Harper, is a suggestion price signalling laws established in 2011 be repealed. These laws currently make…
Australia is striving to lead the G20 growth target - but the truth is the reform needed is hard and painful. Dave Hunt/AAP

Little appetite for painful reform needed to hit G20 growth target

In 2000 in Lisbon the European Union countries met and agreed on the “Lisbon Agenda”. Europe was already lagging in terms of growth and jobs, and it was hoped that the Agenda would “deliver stronger, lasting…
Professor Ian Harper, chair of the competition review, has surprised some with the review panel’s recommendations. Julian Smith/AAP

Harper competition review seeks widespread change: experts react

Restrictions on retail trading hours, taxis, pharmacies and parallel imports should be lifted according to a far-reaching draft report by the Competition Policy Review. Professor Ian Harper’s new report…
With banks pulling back on lending to small business, the sector has had to look elsewhere for funding. Shutterstock

Small business feeling the lending crunch – and three ways to help

Since the global financial crisis, credit growth in Australia has returned. But while growth in home lending between 2008 and 2014 was relatively strong (0.49% per month), it was actually negative for…
Consumers are faced with myriad choices when they come to buy a car. Shutterstock

Small, not big data key to working out what consumers want

Corporations everywhere are hoovering up petabytes of data in a bid to understand and predict consumer preferences. But what if they’re missing the point, and should instead focus on “small data”? In a…
It’s worth contemplating what’s really driving Australia’s unemployment rate. Metro Centric/Flickr

Don’t believe the unemployment rate? Here’s what’s happening

The unemployment rate is one of the most closely followed macroeconomic indicators. Of importance in its own right, it tells us about the level of spare capacity in the economy and provides information…
Punching above its weight? The Aussie dollar has captured the attention of Australians and international investors alike. Rebecca Le May/AAP.

Key events in the tumultuous life of the floated Aussie dollar

To navigate the timeline below, hover your mouse on the right (and on the left to move back). Further reading The float Australia had to have? Intervene or wait? The RBA faces a tricky path to a lower…
The Finance Ministers meeting in Cairns is a chance for Treasurer Joe Hockey to show leadership on OECD-recommended tax reform. Dan Himbrechts/AAP

G20 host Australia faces hard truths of multinational profit shifting

The G20 Finance Ministers have the opportunity this weekend to endorse the initial recommendations of the OECD on how to address the global problem of multinational tax avoidance. The work of the OECD…
Proponents of increasing the GST ignore its implications for equality. Image sourced from www.shutterstock.com

Renewing federalism: increasing the GST will increase inequality

The reform of Australia’s federation is under review. In this special series, we ask leading Australian academics to begin a debate on renewing federalism, from tax reform to the broader issues of democracy…
All eyes are on tomorrow’s Scottish independence vote, currency traders among them. Adrian Clark/Flickr

What a Scottish ‘yes’ vote would mean for Australian markets

A “yes” vote to Scottish independence on September 18 would mean a great many things for Scotland, and also for England. But what would it mean for Australian business and financial markets? It’s tempting…
States must be able to lessen their reliance from the much larger Commonwealth. AndreaDanti/Shutterstock

Taxation, the states, and redrawing our fiscal constitution

The reform of Australia’s federation is under review. In this special series, we ask leading Australian academics to begin a debate on renewing federalism, from tax reform to the broader issues of democracy…
If women knew how much more their male colleagues were being paid we might have a better chance of closing the gap. Shutterstock

To close the gender pay gap we need to end pay secrecy

Women in full-time work take home A$283.20 per week less than their male counterparts, according to the Workplace Gender Equality Agency, which puts the gender pay gap at 18.2%. Put another way, Australian…
Social justice campaigner, Bernie Banton, was widely recognised as the face of the legal campaign against James Hardie. Paul Miller/AAP

Explainer: why the James Hardie asbestos victim compensation fund is running out of money

After a week of media speculation on the issue, building materials company James Hardie yesterday confirmed the fund for compensating asbestos victims could run short of money as soon as 2017. Generally…