Australian Trade Minister Craig Emerson’s opinion piece in The Weekend Australian, titled “Doha is no dodo as it takes off on new flight path”, brings new enthusiasm and life to the Doha Development Agenda…
Since defaulting on its debt in 2001, Argentina has been locked in a decade-long war with foreign hedge funds.
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Since defaulting on its debt in 2001, Argentina has been locked in a decade-long battle with international investors. Tensions between the country and institutional bondholders reached new highs on October…
The same day tourism professionals gathered to hear a glowing report from Tourism Australia, Qantas dumped its promotional sponsorship with the national body.
One week ago, two very different groups gathered in two different cities to talk about tourism. In Sydney, more than 250 industry professionals were being briefed by Tourism Australia chief Andrew McEvoy…
After launching with fanfare less than two years ago, News Corporation’s iPad newspaper, The Daily, will close after failing to attract a large enough audience.
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The Daily was launched in February 2011 to great fanfare. It was the first iPad only newspaper (although it did have a web mirror but that was just for sharing). It had a simple price, $1 per week, and…
The growth in high-frequency trading and the changing nature of dark liquidity in equities markets have prompted ASIC to release new rules for market integrity.
AAP
The Minister for Financial Services and Superannuation recently announced new ASIC Market Integrity Rules to address the growth in automated trading and the changing nature of dark liquidity in equities…
Previously close, Qantas CEO Alan Joyce and Tourism Australia chairman Geoff Dixon are now at loggerheads after Joyce withdrew $44 million funding from TA. But Joyce is determined his positioning strategy for Qantas won’t be disrupted.
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Qantas CEO Alan Joyce is a master of brinkmanship. The withdrawal of $44 million of marketing support to Tourism Australia based on the perception of a conflict of interest with the board chairman, Geoff…
A cut in Australia’s cash rate tomorrow has been factored in by most economic practitioners, but Shadow Board academics are split over whether it should.
AAP
Many economists think the RBA Board will cut the cash rate this month. With commodity prices projected to be weakening, financial markets suggest a rate cut is likely. Mind you, many practitioners suggested…
Prime minister Julia Gillard takes an electricity pricing reform package to COAG this week - but could the answer be in addressing congestion pricing for the network?
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Electricity network pricing has been a hot topic in the last six months. The key issues have been regulation and demand side management. On regulation, Prime Minister Julia Gillard is taking a package…
Warnings of a drop in Australia’s real GDP per capita - a measure of living standards - still provide a stark contrast to Greece, where the real GDP per capita is likely to be 25% lower in 2013 than in 2008.
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Last week, the Organisation for Economic Cooperation and Development (OECD) in a preliminary version of its 2012 Economic Outlook lowered its growth forecasts for Australia from 3.7% to 3.0% in 2013. This…
White, monolingual, male: the make up of many of Australia’s ASX companies fail to reflect our cultural and gender diversity.
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The recent Ethnic Business Awards were a celebration of entrepreneurship, pioneering and determination and above all the immense contribution that our migrant population has made to a better Australia…
Google’s tax-minimisation strategy is causing problems for the Australian Taxation Office.
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It might well have been a case of a stopped clock being right twice a day, but on the very day I had an article in The Conversation called Giant profits, tiny tax bills: time to close loopholes on corporate…
A little awkward: Australia has been caught between two trade talks.
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Australian politicians are keen to project our participation in two major international trade talks - the Regional Comprehensive Economic Partnership (RCEP), and the Trans-Pacific Partnership (TPP) - as…
Trade minister Craig Emerson met with India’s minister for Commerce and Industry Dr Anand Sharma at free trade talks earlier this year - but don’t expect trading links to accelerate in the next decade.
Ongoing efforts on the part of the Australian government to deepen ties with India are well known. The recent Asian Century White Paper frequently couples China and India in its analyses, which suggests…
The Great Southern class action was one of numerous shareholder class actions to have taken place this year.
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Shareholder class actions have become a prominent aspect of the Australian litigation landscape, with suits against blue chip Australian corporations such as Centro, NAB and Telstra. But what do shareholder…
Will the opening of the Galilee Basin undermine Queensland’s economic and environmental future?
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The Galilee Basin is a massive Queensland coal basin on the verge of being opened up for the first time. If it goes ahead as anticipated, there will be a host of significant impacts ranging from the local…
The endorsement of a common national definition of bullying is a welcome start - but the responsible statutory agencies will need substantial resoources.
Image sourced from www.shutterstock.com
The House of Representatives Standing Committee on Education and Employment’s inquiry into workplace bullying has delivered some important recommendations which should now be enacted. The endorsement of…
Three recent reports into productivity highlight differing issues but agree that targeting industrial reform is not the key to lifting outputs.
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The Australian Government’s recently released white paper on Australia in the Asian Century identified productivity as one of five key areas for action, at a time when we are engaged in a major national…
Australian women are still significantly under-represented in senior management positions.
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The 2012 Australian Census of Women in Leadership, released on Tuesday, paints a mixed picture of gender equality in the workplace. According to the Census report, women now hold 12.3% of ASX 200 directorships…
Women will now have access to information about the equality practices of prospective employers.
AAP/Julian Smith
We’ve all seen the reports of studies demonstrating women’s inequality at work. It is well established that women are disproportionately under-represented in higher paid positions and industries, and that…
Media regulator ACMA is wise to opt for a reserve price in the upcoming digital dividends auction.
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Last week’s directive from Communications Minister Stephen Conroy to the Australian Communications and Media Authority (ACMA) to postpone setting the reserve prices for the upcoming digital dividends auction…
Alan Joyce (left) and former Qantas CEO Geoff Dixon in less turbulent times.
The flying kangaroo might have lost its bounce, but it seems to be heading into another bumpy ride. The latest episode in the saga involves the old guard of Qantas, comprised of former chief Geoff Dixon…
China’s economic miracle will see it become the world’s greatest financial power; but it critical for the country’s new leaders to ensure its workers aren’t left behind.
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Qing Wang, Warwick Business School, University of Warwick
China’s Communist Party has overseen an economic miracle over the past 20 years, but they are now facing the consequences of becoming the fastest growing economy on the planet. With China’s GDP now standing…
History suggests privatisation of the electricity industry is not such a bright idea.
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Surging power prices are having savage consequences for household discretionary incomes. Some would blame the government’s carbon tax, but the real culprit is price gouging. Judging from the pronouncements…
Governments, at all levels, have either increasingly sold out to narrow vested interests, or sought ways to minimise transparency, accountability and responsibility.
Flickr/Restricteddata
Our democracy depends on accountability and transparency: but are Australians being shortchanged on both? In our fifth and final piece in our Barangaroo series, John Hewson, Honorary fellow at the Crawford…
When it comes to IT products, Australian consumers pay more than their American counterparts.
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Apple Inc. has often portrayed itself as the champion of consumers, with its advertising campaigns on “1984”, “Think Different”, and “Rip, Mix, Burn”. However, this reputation has been called into question…