In a move that has drawn criticism from Chinese authorities, the Abbott government is upholding a ban on Chinese telecommunications giant Huawei from tendering for the National Broadband Network, after…
Ian Dunlop argues climate change is a strategic risk for BHP, and one that the miner is not adequately addressing.
Centre for Policy Development/Flickr
Next month BHP Billiton is set to oppose a bid for a position on its board by former coal executive and now environmental activist Ian Dunlop. BHP chairman Jac Nasser has told shareholders: “The addition…
Potential changes to the ownership of student loan repayments could make reform of the system more complicated.
Student loan image from www.shutterstock.com
According to the budget papers, Australian students and former students could owe the government more than $40 billion in unpaid Higher Education Loan Program debt by 2017. Unsurprisingly, HELP, formerly…
Future Fund chairman David Gonski must be pleased. The Future Fund has posted stronger growth than other private and public super funds.
AAP/Tracey Nearmy
Figures released last week by the Future Fund revealed it was outperforming the most aggressive of Australia’s pool super funds and was on track to reach its target of $140 billion a year early, in 2019…
Education Minister Christopher Pyne has flagged the possibility of selling off Australia’s HECS debt to help raise funds for the government.
Alan Porritt/AAP
Education Minister Christopher Pyne has confirmed the government is considering securitising Australia’s HECS debt, and has referred the issue to the Commission of Audit. This has immediately attracted…
ANZ chief Mike Smith was recruited to help ANZ succeed in Asia.
Julian Smith/AAP
ANZ Bank has delivered another record profit, promising shareholders a bigger dividend than expected on the back of cash earnings of A$6.49 billion. But despite the bank’s continued Australian and international…
Al Jazeera launched an US-only channel after failing to penetrate the market with its existing English-language offering.
Flickr/Paul Keller
From its humble beginnings in the tiny middle eastern state of Qatar, Al Jazeera has been a genuine trailblazer, and can be partially credited with kickstarting a news and media revolution in the Arab…
‘Big Data’ services track.
every stream, download to allow for easier payment negotiations
shutterstock.com
For those who believe the music industry’s aim should be to encourage creativity, Robert Fripp’s diary makes for depressing reading. The veteran guitarist, founder of King Crimson, has published the diary…
Research shows loyalty doesn’t come cheap, despite the proliferation of loyalty clubs.
Nick J Webb/Flickr
Retail pharmacy chain Priceline recently signed a deal to sell ACE insurance products to members of its loyalty program, The Sister Club. It’s a well-trodden path in the UK where retail chain Tesco has…
Goodbye? The Z.E.R.O. model says its now possible to effectively market your product without paid advertising. But perhaps it’s too good to be true.
Flickr/Christian Montone
The way we live, interact and consume has changed dramatically with the shift towards internet and mobile telecommunications technology. And yet large amounts of money are still regularly spent on traditional…
A new US proposal aimed at combating patent trolls is not likely to be effective.
In the US this week there’s been another outbreak of proposals to fix the “patent troll” problem. A new bill from Representative Bob Goodlatte suggests changing the nation’s patent law to punish trolling…
Research shows the environment usually comes off second best when companies are forced to compromise between sustainability and profit.
Mohammad Rhaman/Flickr
A commitment to sustainability has become a typical component of any modern-day corporation’s public face. Visit the homepages of major organisations in any sector, from coal-mining to cola-making, and…
China has far more to lose from too few US dollars than it does from a dollar surplus.
Urbanartcore.eu/Flickr
The US debt crisis is over for now, but legislators have just kicked the can down the road. In this series on the US debt ceiling, academics from Australia, the UK and the US assess the lingering global…
Screen Australia has handed out nearly $6 million in grants to a number of Australian films.
Brettanomyces
Screen Australia has just released details of its latest investment package. It is a mixed bag but there’s always a Red Dog or Wolf Creek waiting somewhere. There’s a story that’s probably apocryphal but…
Microsoft is running out of temptations to sell Office software to consumers.
Sunfox/Flickr
With the release of new iPads and Mac hardware, Apple announced that not only would the latest version of the Mac OS, Mavericks, be free, but it would also be giving away its iWork office productivity…
Sports fans in the US are being offered the chance to buy shares in their favourite athlete, so what’s stopping the same thing happening in Australia?
AAP/David Crosling
“You just lost 9% of your value, what’s your response to that?” That’s how an interview with your favourite football player might kick off if US startup Fantex succeeds in building a global trading market…
There are a record 168 billionaires in China, according to the most recent Forbes list.
Adam Nelson
“To get rich is glorious” – Deng Xiaoping’s famous aphorism has clearly been taken to heart by at least 168 people in China. That’s the number of billionaires identified in Forbes’ annual China Rich List…
The reversal of ‘immunity laws’ surrounding Papua New Guinea’s Ok Tedi mine means former owner BHP could face claims on environmental damage.
AAP Image/Lloyd Jones
Remote Mount Fubilan, near the source of Papua New Guinea’s Tedi River, is once again the site of global controversy surrounding the Ok Tedi copper gold mine. Since the late 1980s, Ok Tedi has symbolised…
Infrastructure construction costs are far higher in Australia than in comparable OECD countries, making it difficult for politicians to commit to large projects.
AAP/David Crosling
Infrastructure is about the long-term growth and prosperity of a nation, but Australia will get very little of this benefit if the cost of building it continues to rapidly escalate. Australia is becoming…
Glenn Greenwald has left The Guardian to join Pierre Omdiyar’s online and as yet unnamed journalism venture.
Agência Senado
News that eBay founder Pierre Omidyar was planning a new online journalism venture with The Guardian’s Glenn Greenwald was leaked last week. After failing to buy the Washington Post Company earlier this…
The economic argument for an FTA with China isn’t as strong as some may assume.
derekGavey/Flickr
Despite trade in goods and services between Australia and China exceeding A$125 billion in 2012, negotiations between the two countries for an FTA that began in 2005 have been so unproductive that both…
JPMorgan Chase chief Jamie Dimon has avoided a civil case over the bank’s dealings before the financial crisis, but criminal proceedings could still take place.
Fortune Live Media/Flickr
Bankers don’t casually hand over US$13 billion to regulators without reason. Needless to say eyebrows were raised on Wall Street following reports JPMorgan Chase has agreed to hand over a record “fine…
Bribers are barred from government contracts in many countries around the world.
Flickr/kamshots
Following the latest round of Australian bribery allegations, Mathew Dunckley of the Australian Financial Review called for mandatory rules to bar those convicted of bribery from competing for public sector…
Research shows channeling the best ideas into new products takes a systematic process.
atomicShed/Flickr
Innovation pays, and the benefits are even greater when organisations develop “systematic innovation” capability, according to a recent study by The University of Melbourne and the Australian Institute…
It is time for Australian shareholders to push for more action to combat low female representation at board level.
AAP Image/Dean Lewins
The lone lady in a suit is always a matter of interest, whether on a listed company board or in Tony Abbott’s cabinet. Not only does it seem inequitable that women are underrepresented in these influential…