This week, the powerful American Petroleum Institute (API), along with a coalition of trade organisations, won a significant battle against increased corporate transparency. In a lawsuit lodged against…
Australia enjoys a privileged relationship with most economies in the Asian region because of the integrated global value chain.
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Australia is facing increasingly stiff competition from developed economies all vying for a share of the growth pie in the East and South Asian region, where Australia has integrated its value chain activities…
A senate inquiry into Australia’s corporate regulator will question how well it does its job.
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On the face of it, the banning of seven financial planning advisers and $50 million worth of compensation paid to burnt investors would be considered a good outcome for our corporate regulator. But the…
Spanish emigrants wait to leave the country in the 1960s, a pattern that is being repeated today as Spanish youth swap laptops for cardboard cases and leave in droves to find a better life.
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At the airport in Seville, Spain, we meet Alfredo who has come with his granddaughter Alicia. She is about to board a plane to Germany, following in the footsteps of her grandfather, who also sought a…
In most of our workplaces and institutions there are subtle, cumulative, insidious judgements and responses that serve to reinforce the powerful status quo of leadership.
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Accounts in the media over the past week explain, or rather rationalise, the downfall of our first female Prime Minister. One-time feminist warrior Eva Cox found that Julia Gillard failed to communicate…
Pressure over carbon pricing and emission trading schemes is building globally and locally.
AAP
Australian climate change inaction is often excused with “unless China and the US do something, why should we?”. But, with China’s recent introduction of a cap-and-trade system and Barack Obama’s move…
A decision by the Labor Government to transfer sole parents onto the lower Newstart allowance has been internationally criticised.
AAP
Last night’s story by the ABC’s Four Corners program on the precarious plight of the unemployed gave the nation an object lesson on empathy, a salutary exposé for those who prefer to trust in sophisticated…
George Soros says it is necessary to redefine the assumptions and axioms on which economic theory is based.
AAP
According to billionaire George Soros, co-founder of the Institute for New Economic Thinking, proving the bankruptcy of traditional economic theory is “mission accomplished” and it is now time to determine…
Chinese authorities have calmed market fears of a liquidity squeeze but will there be further disruptions?
AAP
Recent liquidity fears and resulting international market volatility has put the spotlight on global monetary policy and the role of central banks - including Australia. China’s attempts to re-balance…
Forming a union is the best way for Bangladesh workers to improve their conditions.
AAP
Australian fashion brands are under scrutiny once again for labour rights abuses in their supply chain. The recent report for ABC Four Corners exposed the shocking reality for Bangladesh women workers…
The survival of Pacific Island tax havens depends on a bigger struggle between the Global North and the Global South.
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The role of offshore tax havens have come under increasing fire amid growing global concern over tax revenues, with a calls for greater transparency from the recent G8 summit and the recommendation of…
Rudd needs to rebuild a relationship with the business community.
AAP
The relationship between the former Gillard government and business reached a very low point when last March, a peak business body complained that the business community was being treated with “a complete…
The general perception of a tax haven as mostly illegal and illegitimate isn’t borne out.
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More than 500 Australians are apparently on a list of tax haven users obtained by the Washington-based International Consortium of Investigative Journalists, as part of its investigation into the use of…
Sixties style - Mad Men characters Roger Sterling and Don Draper still show men how it’s done in business and politics.
AAP
Labor may have “ditched the witch”, but does the ejection of Julia Gillard from her seat of power close the book on the debate about sexism that she championed and the role of women in leadership? Our…
Labor’s economic record has had hits, but also misses.
AAP
You have to wonder how many times the Labor party will make the same mistake. Immediately prior to the 2010 election the party dumped Kevin Rudd and replaced him with Julia Gillard. The net effect of this…
BHP chief executives are paid 50 to 100 times the average Australian earnings. Does this reflect a broader trend in senior pay?
AAP
When the Productivity Commission reported in 2009 that average chief executive pay tripled from 1993 to 2009, you could have been forgiven for shrugging your shoulders and moving on. What else is new…
James Logan is trying to portray his company as the victim, not the aggressor, in the patent troll dispute.
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Personal Audio is the company behind attempts to assert claims on patents that cover podcasting and audio playlists. James Logan, its founder, believes that he and his company have been misrepresented…
Dividend washing enables some domestic investors to essentially gain a dividend “twice”.
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Kevin Davis, Australian Centre for Financial Studies
There is currently considerable interest in the practice of “dividend washing”. This refers to the practice of investors being able to trade shares cum-dividend for a period after the ex-dividend date…
Buying power doesn’t always stack up as the best measurement for who we are and how far we’ve come.
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In the verbal volley between Gillard and Abbott, Swan and Hockey, there is a conversation that we are not hearing. It bubbles below the consciousness of mainstream Australia, a conversation that is old…
When the sporting gods smile at Australia, we go to Rio, but Brazil has long been on the international business map.
AAP
We have recently witnessed Brazil being hit by mass protests not seen since the days of the military dictatorship, but apart from the Socceroos going to the 2014 World Cup and the Rio Olympics in 2016…
Pop singer Justin Bieber claims 38 million Twitter followers - but are these as manufactured as his music?
AAP
How many Twitter followers do you have? As a rule of thumb, the worth of a conventional blog can be measured by the number of comments it accrues per posting. If comments are the social capital of blogs…
Markets have reacted to the possibility of an end to the US quantitative easing program with alarm - but is it justified?
AAP
The mere suggestion that the United States might reduce its quantitative easing program sent global markets into a spin last week. Though Federal Reserve chairman Ben Bernanke had said something similar…
Independent analysis of labour market shortages is needed for 457 visas.
AAP
This debate around 457 visas boils down to a difference of opinion on how best to identify a domestic skill shortage for which a 457 visa can be used. For Labor, the most desirable option for recognising…
Australian women are increasingly occupying senior international roles.
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At a time of much hand-wringing around the future of manufacturing in this country, especially in sectors dominated by foreign multinationals, we might take solace in the emerging efforts of an under-appreciated…
Global markets have experienced sharp sell-down off fears of a wind-down in US quantitative easing.
AAP
The response to US Federal Reserve Ben Bernanke’s comments about the possibility of ending its policy of quantitatitive easing has helped evoke a global sell-off as markets question his upbeat assessment…