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There’s no shortage of investors in high-rise housing, but is it occupied? Dan Peled/AAP

Housing blame game here to stay in world of infinite demand

It is true that the main culprits for housing prices in Australia are taxation and regulation regimes, as argued by Stephen Kirchner last week. But this is more because of their impact on demand than supply…
More international competition won’t necessarily drive down infrastructure costs if the groundwork isn’t done by governments. AAP/Tony McDonough

How to attract foreign firms to do Australian infrastructure

Australia’s two biggest construction companies, Leighton and Lend Lease, control a significant share of construction – up to 75% in cases such as major rail projects. The recent Productivity Commission…
Hopes are high for Brazil as it prepares to host the World Cup and hold an election, but real economic change is unlikely to flow. BostonCatholic/Flickr

Brazil: the awoken giant stumbles

This year’s FIFA World Cup and the 2016 Olympics seem to be a coronation of Brazil’s undeniable and startling success. But with the Brazilian presidential elections looming later this year, a surge in…
Australia’s maritime search and rescue zone covers a vast area. AMSA/AAP

The law of the sea and commercial ships in the search for MH370

The first ship to reach the area of Indian ocean being searched for the missing flight MH370 is the Norwegian commercial car carrier, the Höegh St Petersburg. At the request of the Australian Maritime…
Africa has a youthful population, but so far it has been underutilised in the workforce. Charles Okumu

Africa’s youth can inoculate it from Dutch disease

Africa is the last frontier of a plundered planet, as argued by Oxford economist and Africa expert Paul Collier. When compared with almost all other regions of the world that have already been explored…
Most innovations form in a network, with a mixture of local and global ingredients. Image sourced from www.shutterstock.com

Four ways to boost Australian innovation

From the days of the gold rushes, to the banking and mining booms of the last 15 years, Australians have long worried that most of the world’s innovation was happening somewhere else. Did our good fortune…
Sydney’s Cross City Tunnel has gone into voluntary administration twice since it was opened, and the government has become embroiled in legal action to recover costs. AAP/Dan Himbrechts

Political costs trash public-private infrastructure benefits

Last week’s Productivity Commission draft report on public infrastructure made a number of useful recommendations about getting projects assessed and delivered on time. But the report does not go far beyond…
Emerging economies: still basket cases? Wander/Flickr

Explainer: why do emerging markets have so many crises?

In past decades, emerging markets were traditionally thought of as “basket case” economies, with the associated stigma. Perceptions have improved in recent years, but there are still concerns these economies…
The route to paid employment can start with working for a not-for-profit organisation. Image sourced from shutterstock.com

Rethinking career support for workers with disability

Australia’s record for employing people with a disability is disappointing and has been going backwards in recent years. In this country a little over half – 53% – of working-age disabled people are employed…
Australians are addicted to the political theatre surrounding infrastructure investment. Tracey Nearmy/AAP

Infrastructure needs science, so who put the politicians in charge?

The recent productivity commission report into public infrastructure left the most important policy question unasked, namely: if there were better ways for planning and building transport infrastructure…
New ways are needed to pay for infrastructure, according to the Productivity Commission. But our Asian neighbours are already at work. AAP/Dean Lewins

Government should front cash for long-term infrastructure

Elected with a pledge to be the infrastructure prime minister, Tony Abbott has repeatedly promised to bring more private investment into high-priority infrastructure projects. Last week’s Productivity…
The Bank of England’s latest communication strategy has been dubbed “fuzzy guidance” - but how much should central banks reveal? Image sourced from www.shutterstock.com

Forward or fuzzy: just how much should central banks reveal?

The effective death of the forward guidance strategy offered by the Bank of England came with the announcement in early February that there would be a switch to a less quantitative approach. Dubbed by…
A growing share of Australian exports are heading to China, leading commentators to ask if we should be hedging our bets. AAP/Will Russell

Too good to be true: weighing up Australia’s exposure to China

Australia exported A$94.4 billion in goods to China last year, making China by far the single most important destination for Australian merchandise. Similarly, China is also the most important destination…
The National Rental Affordability Scheme is working as designed, but has failed to meet targets. jroyals/Flickr

Rental affordability scheme fears are misplaced

The National Rental Affordability Scheme (NRAS) looks set for a major shakeup by the government, following suggestions it has been hijacked by universities to develop subsidised studio apartments for wealthy…
Catch me if you can: Google wants an extension of laws that would exempt the company from copyright liabilities. EPA/Boris Roessler

Don’t sue us for search: Google’s unnecessary safe harbour appeal

Amidst a number of submissions to federal communications minister Malcolm Turnbull’s media regulation reforms last week pushing for deregulation was one from search giant Google – calling for legislative…
The Liberals, headed by Will Hodgman, has trounced Labor in Tasmania; will “coast to coast” state coalition governments transpire? AAP

Not yet ‘coast to coast’ coalitions – so what now for federalism?

Over the weekend, Tasmanian voters resoundingly rejected Labor, while South Australians drove a cliff-hanger result that will probably be decided in the coming days. It’s not quite yet the “coast to coast…
The use of rail for freight can save lives. NSW Govt/AAP

Too many loads on our roads when rail is the answer

“Without trucks, Australia stops” is now a fact of modern life. But when all costs are considered, road freight is an expensive way of moving large amounts of freight. And, as shown by ongoing fatal crashes…
Hochtief: the new top dog at Leighton. Marcus Brandt/AAP

What is the future for Leighton as Hochtief moves in?

With the move by Spanish controlled builder Hochtief/ACS to increase ownership of Leighton Holdings to 74%, management and control of a leading Australian company will go overseas. Already Leighton chief…
Australian farmland is changing hands more often, but data on who is buying and selling is inadequate. Erin Smith

Lost in the paddock: Australia flying blind on farm ownership

The debate about who owns Australia’s farmland is often expressed in crude and narrow ways, and not just on talkback radio. Take last year’s leaders debate at Rooty Hill during the final week of the election…
What’s the ideal tax system and where do tax expenditures fit in? Image sourced from www.shutterstock.com

Getting tax expenditures right is a game of hypotheticals

In recent days it’s been suggested the Commission of Audit should look at so-called tax expenditures as well as government spending as traditionally defined. Writing in the Australian Financial Review…
Special delivery? New Chinese consumer law will place a greater onus on retailers to rectify problems. Kaptain Koboid/Flickr

China’s consumer protection law a win for Aussie online shoppers

When China kicks off “Consumer Protection Day” this weekend, it’s online shoppers that stand to gain the most. In fact, the growth in online shopping appears to be one of the main factors driving China’s…
Consumers have never had more choice, but does that mean more local content? Shutterstock

Archaic cross-media ownership laws won’t save local content

Communication minister Malcolm Turnbull’s proposal for changes to cross-media ownership laws has reignited calls for the government to protect local content. On the surface, it appears reasonable to expect…
More formal decisions are required to shine a light on how privacy law is applied. Shutterstock

Privacy law is toothless without greater transparency

What does privacy mean in an age of ongoing privacy breaches? With new privacy law coming online in Australia on March 12, our Privacy in Practice series explores the practical challenges facing Australian…