As I’ve argued before and it’s generally accepted, the car industry is a critical part of Australia’s science and technology base. The sector spends A$600 million a year on R&D and another $800 million…
The Abbott government isn’t the first to take aim at corruption in the construction industry.
Alan Porritt/AAP
In light of the upcoming Royal Commission into trade union corruption, it’s worth asking if the recommendations of the two previous Commissions into the construction industry, together with other state…
Greenfield land developments have trumped urban growth boundaries in many Australian cities.
Joe Castro/AAP
State government attempts to redirect development from urban fringes to established urban areas have failed. New deregulated planning systems, not strategic metropolitan plans, are driving development…
The myth of the ‘Bondi Bludger’ has New Zealanders sponging off the Australian taxpayer.
Jenny Evans/AAPImage
Historically, geographically, culturally – there are many points of comparison between Australia and its neighbour to the east, New Zealand. But there are notable differences. This week, The Conversation…
Toyota has surprised with an announcement it would finish manufacturing cars here at the end of 2017.
AAP
Toyota has confirmed it will cease its vehicle and engine production in Australia by the end of 2017, signalling the end of automotive manufacturing in Australia. The announcement follows decisions by…
LinkedIn is focusing on a younger audience, targeting high school students.
A Name Like Shields Can Make You Defensive/Flickr
Despite recording revenue of US$1.5 billion last year, professional social networking site LinkedIn saw its shares take a 7% hit on Friday night, after its growth forecast disappointed the market. Since…
Should companies with large cash reserves buy back shares from investors? It’s not that simple.
EPA/Gino Domenico
Only a few hours after announcing he had purchased nearly US$2.5 billion of Apple shares, investor Carl Icahn was demanding the company buy back US$150 billion of its own shares. Now the company has done…
The vision for a “Global Sydney” overshadows the need for affordable housing in the city.
James Morgan/AAP
The forecast is grim for housing affordability in Sydney, according to a recent government briefing paper. In the last decade median rent for all properties in the inner ring of Sydney more than doubled…
Workers with skills and motivation perform at a higher level, regardless of workplace reform.
Salle-Ann/Flickr
Arguments for reform of workplace relations never go away. The central claim made by numerous commentators is that reform aimed at “freeing up” the labour market and workplaces is the key to improving…
Hairdressing was once on the Migration Occupation in Demand List, which is again under scrutiny.
Alan Porritt/AAP
Governments in most countries, including Australia, often feel the need to predict which skills will be in demand and match them with increased supply largely through education planning and migration…
Research shows ageing will affect house prices, with interesting results.
Dan Peled/AAP
Despite talk of a housing bubble in Australia, house prices have been flat in real terms over the past six years since the pre-financial crisis peak in December 2007. The weighted average of established…
The future is uncertain for SPC Ardmona, but alternate models provide food for thought.
AAP
The failure of Victorian fruit cannery SPC Ardmona (SPCA) to secure A$25 million from the federal government has led to heightened fears about the future of the company and the Goulburn Valley fruit growers…
Calls by AWU chief Paul Howes for a “grand compact” are fanciful, but he’s right we need to shift our thinking away from a focus on yet another round of IR reform.
AAP
It is easy to see why media coverage of Paul Howes’ National Press Club address has focused on his claims that wage growth has been too high in some areas and that the adversarial industrial relations…
Farm debt is increasing in Australia, but will writing it off make more farms viable?
Grenville Turner/AAP
Farm debt in Australia has increased by almost 75% over the past decade, from A$40.3 billion in 2004 to an estimated A$70 billion in 2014. Barnaby Joyce, the Federal Minister for Agriculture, has argued…
House prices in Australia are still sky high.
markehr
London-based think tank Civitas has called for restrictions on foreign buyers as a solution to escalating house prices in the UK capital. They suggest the UK adopts a similar approach to that used in Australia…
Facebook, the world’s biggest social network with 1 billion users, celebrates its first decade this February, but challenges remain in the coming years.
EPA/How Hwee Young
Facebook turns ten this month, but so what? Google celebrated its 15th anniversary last year. Even though it has been through several redesigns and relaunches, MySpace is already 11, having been established…
Prime Minister Tony Abbott’s free market, small government leaning overlooks the real issue of social inequality.
Lukas Coch/AAP
Prime Minister Tony Abbott’s address to the World Economic Forum in January delivered a plain, pragmatic message. The best remedy for the uneven recovery of the world economy, according to Abbott, is a…
Australians of all ages are lining up to tap the equity in their home, but as a policy solution for welfare it comes with many risks.
Julian Smith/AAP
Perceptions of the family home have changed dramatically in recent years. Once viewed as a tool to ensure low housing costs in old age, a more complex and wide-ranging welfare role for home ownership has…
Emerging economies like India are pushing ahead on innovation measures, while advanced economies see productivity declines.
World Bank/Flickr
The Conference Board’s latest productivity measure shows efficiency remains a problem for the global economy - and interestingly that innovation, despite occurring, may not be helping. The business research…
Australia’s economic position remains uncertain, which may prompt the Reserve Bank to hold interest rates.
AAP
Without a clear direction of where the Australian economy is heading, the consensus to keep the cash rate at its current level of 2.5% remains strong. Uncertainties surrounding the domestic and foreign…
Under the current tax regime, investors and cashed up owner occupiers are bidding up the cost of housing.
Dean Lewins/AAP
In an ideal (and economically efficient) world, tax policy would not influence the investment or consumption choices taxpayers make. In reality, this neutrality is rarely achieved. External factors influence…
Can anger in the workplace be beneficial?
Image sourced from www.shutterstock.com
Anger has traditionally been considered an emotion to be avoided at work as it is often linked to a lack of personal control. Anger at work is often seen as unprofessional; an uncontrolled response linked…
A shift towards fresh food and improved consumer protections in China provides opportunities and threats for Australian food producers.
dcmaster/Flickr
The political lobbying accompanying the government decision to withhold financial support from SPC Ardmona has overshadowed the big structural issues facing Australia’s preserved food industry. The two…
The fact is there may only be room for one full-service department store in Australia.
AAP
Years of buy-outs, takeovers, mergers and rebranding have whittled a once plentiful landscape of department store competitors down to two major players, Myer and David Jones. Now, despite David Jones confirming…
Last week’s announcement that English Premier League club Manchester City, backed by a mega-rich Arab businessman and member of the royal family, had bought a majority stake into the bottom dwelling Melbourne…