There is no doubt that the creation of a 1748-kilometre high-speed rail network connecting Brisbane, Sydney, Canberra, and Melbourne is an exciting endeavour. But given the large capital costs - $114 billion…
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Having decisively seen off Kevin Rudd’s last hope of returning to his old job, Julia Gillard has put the knife in again with a China visit widely hailed for its big advances in this vital relationship…
If you believe the opinion polls, Julia Gillard has had a very busy week in China setting the China policy direction and institutional framework for a future Coalition government. Tony Abbott must be delighted…
Transport Minister Anthony Albanese today released the second phase report for Australia’s High Speed Rail Study. The AECOM report plots out a preferred route from Brisbane to Melbourne, predicts how many…
Elections in most Latin American countries are extremely polarised and emotionally charged events. They are highly contested and controversial affairs, characterised by massive political rallies, clever…
Liberal MP Andrew Robb has criticised the rise in public debt under the current Gillard government in a recent ABC radio interview. During the interview, Robb claimed growth in public debt was excessive…
Holden’s announcement of job cuts on Monday demonstrates the dual impacts of the strong Australian dollar and import penetration upon the beleaguered domestic automotive industry. 400 jobs will go in Adelaide…
The death of the first - and so far only - female British prime minister raises the question of how to judge her contribution to feminism and leadership. Given that only now we have our first female PM…
“The superfast broadband of the order of 100+ megabits per second (Mbps) and into the gigaspeed bracket is de rigueur for any nation purporting to be a developed and advancing economy.” – Phil Ruthven…
If the UK Financial Services Authority (FSA) had been a dog, it would have been about 86 years old when it was put down on April Fool’s Day this year. Uncharitably, some say that the FSA, the lead regulator…
The decision by the United Kingdom to host the upcoming G8 in a luxury resort outside the small market town of Enniskillen may well come back to haunt it. When British Prime Minister David Cameron announced…
In recent months, talk of an emerging crisis in China’s financial sector has been getting louder. A few weeks ago such chatter reached a crescendo, at least in terms of a narrative, when two Nomura economists…
They’re calling it the great “senior sell off” and it’s scaring suburban America. Still recovering from the housing market crisis of 2007-09, America’s latest concern is a looming glut of unsellable suburban…
The Fairfax Media group has undertaken yet another corporate restructuring in an attempt to shore up the company share price. However, it might just be a Titanic gesture that staves off the inevitable…
Today, the Australian government announced additional taxation of high income funds in the decumulation or retirement stage of investments in superannuation. Arguably, the changes add more to complexity…
Yesterday, the Australian Competition and Consumer Commission (ACCC) recommended that NBN Co revise its wholesale agreement — including proposals on pricing and access — as outlined in its special access…
Julia Gillard leaves Australia for China tomorrow, her second trip to the Middle Kingdom as Prime Minister. As befits China’s status as Australia’s most important trading partner, the trip has attracted…
In the recent Hollywood science-fiction epic, Cloud Atlas, based on David Mitchell’s sprawling novel, the capitalist dystopia of Neo Seoul in 2144 is depicted as part of a world state called Unanimity…
The biggest retirement reform since the age pension, compulsory superannuation is one of the ALP’s greatest achievements. Before it was introduced, as part of the Hawke Government’s Accord with the union…
After several decades of unprecedented growth, have the benefits trickled down to all Australians? The answer according, to a new study by the Productivity Commission, is a resounding “yes … probably…
Labor’s proposed reforms to the electoral funding law are again up in the air after last week’s ministerial reshuffle. The former Special Minister of State Gary Gray had committed the government to trying…
The Japanese economy has been stuck in a liquidity trap for almost a decade. Japan’s newly elected Prime Minister Shinzo Abe, who is now in his second stint in office, wants to take radical steps to retrieve…
Last week, the Australian Financial Markets Association (AFMA), the investment bankers’ trade union, announced that it was changing the way that it calculated the Bank Bill Swap rate (BBSW), the Australian…
The major banks implicated in the London Interbank Offered Rate (LIBOR) manipulation scandal received a major boost in their ongoing litigation strategies with the dismissal of large components of a consolidated…
Next month’s federal budget will hit the generous superannuation tax breaks received by the very richest Australians. The target will be the highest one to two per cent of earners, with the government…