Getting a job is a major concern for young Australians. Last year’s National Survey of Young Australians showed a large rise in the proportion of young people valuing getting a job, from 16% in 2010 to…
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Can the growing stash of super savings be used productively to fund valuable bio-science and other R&D while still generating good returns for fund members? Such research is typically high risk, but…
Negotiations, by their nature, tempt individuals into an ethical slide. Even the most principled negotiator would consider it acceptable to withhold some information from an opponent, just as a self-protective…
Italy has had several crucial elections in the past. In 1946, right after the end of World War II, citizens were called to decide between Republic and Monarchy. Two years later, the 1948 general election…
Safe haven investments are investments that provide a low level of risk during periods of extreme economic uncertainty. The problem is that a safe haven investment is a safe haven investment until it is…
In his recent interview with Oprah Winfrey, Lance Armstrong belatedly admitted to taking illicit drugs throughout his career. But in doing so, he also shed light on a corrupt culture within the sport involving…
The board of BHP Billiton Limited today announced the retirement of chief executive officer and inside director Marius Kloppers. Dr Kloppers is a 20-year veteran of the company, serving 12 years as a senior…
The Australian Competition and Consumer Commission (ACCC) has declared open season on Coles and Woolworths. In an unusual step, the ACCC’s chairman, Rod Sims, discussed his organisation’s current investigations…
While its launch in the heat of election battle was hardly propitious, the federal government’s new Industry and Innovation Statement, A Plan for Australian Jobs, is the long-awaited result of a serious…
The Australian Competition and Consumer Commission (ACCC) announced last week that it is investigating claims that Coles and Woolworths are bullying suppliers. The issue is serious, but the ACCC investigation…
In the aftermath of the global financial crisis, much ill-feeling remains towards Wall Street, the investment banks and those individuals who profit from short-term movements in the financial markets…
It was an artful if devastating performance. In just seven minutes, Senator Elizabeth Warren from Massachusetts signaled the arrival of what appears destined to be a powerful force on Capitol Hill. At…
Electricity-intensive investment isn’t coming Australia’s way. We use our many natural resources to underpin our productivity and prosperity and we are extracting increasing amounts of metal from the ground…
In his State of the Union address, US President Barack Obama reignited a perennial debate in his proposal to increase the minimum wage from its current level of $7.25 an hour to $9.00 an hour. Advocating…
In Wednesday’s state of the union address, US President Barack Obama threw down the gauntlet to Congress on climate change action - and in the process, cemented the re-prioritisation of the issue which…
Last year, thousands of athletes from hundreds of countries competed in the London Olympics. The International Olympic Committee had no difficulty attracting the world’s leading sporting talent because…
It’s been a tough year for Qantas CEO Alan Joyce. Last year’s announcement of the airline’s first loss since privatisation, a new partnership with Emirates and the collapse of joint venture negotiations…
Corruption is pervasive, diverse and present in almost all areas of society. From the “greed is good” heyday of the 1980s that encompassed the rise and fall of corporate high-flyers such as Christopher…
US President Barack Obama’s State of the Union plan to boost American exports and grow American jobs centres around two key regional trade agreements: the Trans-Pacific Partnership (TPP) and the Trans-Atlantic…
It would be easy to simply attribute the massive rise in Samsung’s popularity to its equally massive spend on marketing. It has been estimated that Samsung spent around $11.5 billion in 2012 on advertising…
President Obama left little doubt during his State of the Union address as to what his top priority will be in the years ahead. “A growing economy that creates good, middle-class jobs”, the President declared…
The federal government’s response to the House of Representatives inquiry into workplace bullying is a welcome development in preventing this workplace hazard. 19 of the 23 recommendations were supported…
Media stories about possible changes to superannuation tax concessions generally focus on the “dangers” of reducing the unfair benefits of better off super contributors. Most stories come from financial…
Why hasn’t the Minerals Resources Rent Tax (MRRT) produced significant revenue? The answer lies in a combination of basic features of the MRRT design, and the recent fluctuation in prices of iron ore and…
Last Friday’s announcement that the Minerals Resources Rent Tax (MRRT) had brought in only $126 million in its first two quarters makes the Government’s initial assessment of a windfall $2 billion in its…