The downgrade of Qantas’ credit rating to junk status by Standard & Poor’s has sparked serious concern for the future of the airline. But the fact is the airline industry has largely been unprofitable…
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As the debate about the type of broadband infrastructure Australia is investing in rolls on, the really big question concerns the extent to which Australians will benefit from this investment. This is…
The sudden dismissal of Australia’s National Housing Supply Council last month suggests we may be entering a new housing policy vacuum. This is bad news for aspiring first home buyers, whose numbers have…
Eye-catching headlines and images have underpinned the old newspaper model that kept punters buying for generations. But the digital era is forcing profound change on these time honoured practices. Consumers…
Expect to hear a lot about the Trans Pacific Partnership in the next few days. As it moves into final stages of negotiations, outrage over some of its more onerous provisions is ramping up around the world…
The trade deal signed yesterday between Australia and South Korea is being promoted as a win by the government for the benefits if will bring to Australian industries including agriculture, automotive…
The idea of further government support for the ailing automotive industry (AKA the Holden problem) generates considerable political and economic debate. For economists and business academics, it comes…
Yesterday’s Qantas guidance of a first-half loss of up to A$300 million is a continuation of poor financial performance which began in 2009. It’s not since then that Qantas has delivered a return on equity…
Last month Chinese leader Xi Jinping set out his top reform agendas for China’s next decade, setting out important policies, ranging from political reforms, social policy and market reform, to a commitment…
With Russia handing the G20 host baton to Australia this month, and combined with our UN Security Council seat, the biggest year of Australian diplomacy begins. Prime Minister Tony Abbott had a backdrop…
Qantas has flagged deteriorating trading conditions and a potential A$300 million half-year loss in a statement to the market that has sent its share price tumbling. The airline has stepped up its cost…
In 1991, Michael Pusey unleashed Economic Rationalism in Canberra: A Nation-building state changes its mind. In his book, Pusey took aim at the Canberra econocrats who ruled the key federal government…
Monday’s announcement by Foxtel that it will launch broadband internet and fixed line telephony services bundled with its pay tv services comes as no surprise. The deal, known as a Triple Play, will see…
What happens when an Amazon drone drops through your roof or lands on the neighbour’s toddler while delivering a parcel? Can an unhappy pig farmer shoot down a drone operated by animal rights activists…
Burberry’s iconic Haymarket check tartan pattern is under threat following a trademark dispute in China. Local fashion manufacturer Polo Santa Roberta successfully applied to have the Burberry trademark…
Australian banks are much more heavily exposed to mortgage lending than banks in most parts of the world, which is why the latest publication of APRA data on home lending has set the hares running. The…
Australia spends more on infrastructure today than at any stage in its history. Yet governments are unable to meet demand and don’t expect ever to do so. What can governments do to keep up with escalating…
When Federal Treasurer Joe Hockey quashed the acquisition of GrainCorp by Archer Daniels Midland on national interest grounds, his stated reasons were based on competition. Despite it being five years…
The Australian Parliament is deadlocked on a bid by the government to increase the debt ceiling from A$300 billion to A$500 billion. The Greens have flagged a willingness to drop the ceiling entirely…
A lack of news around the domestic and international economies has prompted CAMA’s Reserve Bank of Australia Shadow Board to maintain its consensus to keep the cash rate at its current level of 2.5%. The…
A lot of the current response to Treasurer Joe Hockey’s decision to block ADM’s A$3.4 billion takeover for GrainCorp is political rhetoric and doesn’t have to be taken seriously. But as Jeffrey Wilson…
According to analyst firm Gartner, Big Data is at the portion of the hype cycle called the “peak of inflated expectations”. The business world is awash with all sorts of claims about the magic of Big Data…
The announcement by the UK-based Daily Mail that it will launch an online-only Australian version from 2014 confirms we are now in a period of radical restructuring of the Australian news media. And it…
At any other time, Friday’s decision by treasurer Joe Hockey to reject Archer Daniels Midland’s (ADM) A$3.4 billion takeover bid for GrainCorp might have been just another controversial foreign investment…
As Stephen Conroy interrogated the incoming NBN Co chief Ziggy Switkowski in last week’s Senate hearing into the network’s rollout, it became increasingly clear that politics is getting in the way of good…