The Australian Law Reform Commission is conducting an inquiry into copyright law and the digital economy in 2012 and 2013.The President, Rosalind Croucher, stated: “While the Copyright Act has been amended…
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Businesses and NGOs mainly rely on traditional approaches to fundraising. But in recent times, both sectors have shown significant interest and had great success in the adoption of crowdfunding as a contemporary…
The chairman of the Australian government’s Financial Sector Advisory Council, Paul Binsted, believes that bankers who have experienced financial crises are more cautious about taking risks. However, short…
At a meeting in Luxembourg last week, the finance ministers of 11 members of the European Union (Austria, Belgium, Estonia, France, Germany, Greece, Italy, Portugal, Slovakia, Slovenia and Spain) agreed…
Will extra debt neutralise increases in the superannuation contribution rate? Studies of retirees’ financial positions show that many people accumulate debt faster than they add to their super. Once they…
The Reserve Bank of Australia should leave the cash rate unchanged tomorrow, with little evidence suggesting an interest rate cut is justified, according to members of the CAMA Shadow Board. The Shadow…
There are four facts we have all become aware of in the past few days – if not months – regarding car manufacturing subsidies. Fact 1: A lot of money has been given to Australian car manufacturers over…
Is profiting from the deaths of others wrong? In an interview on This American Life, Joseph Caramadre maintains it’s not. At least, he says, “Not if it’s done morally, ethically, and legally.” This month…
The Australia in the Asian Century White Paper is the first large-scale official look in the 21st Century at economic change in Asia and how it affects Australian opportunities and challenges. It is ambitious…
New South Wales taxpayers could well be wondering whether the news that the state’s finances are in surplus - rather than deficit - is good news or bad. The state’s Auditor-General Peter Achterstaat has…
Two of the world’s biggest English-language book publishers, Penguin and Random House, are forming a joint venture. Bertelsmann, the owner of Random House, will have 53% of the venture with Penguin’s owner…
Treasurer Swan could reduce the headline corporate tax rate from its current 30% rate to just over 15%, with virtually no consequences for government tax revenue with one simple piece of legislation: simply…
When I taught foreign policy in the United States, my students would often answer one question incorrectly, albeit in a way that speaks to a larger truth about US foreign policy. In lecturing on President…
Virgin Australia has announced a series of deals which will see it sell a 10% stake to Singapore Airlines, gain a 60% share in low-cost carrier Tiger Airways Australia and challenge the dominance of Qantas…
For a policy document purporting to map out future directions for Australia in the so-called “Asian Century”, the recently released White Paper pays remarkably scant regard to foreign policy. Several chapters…
The Australia in the Asian Century White Paper has vaulting ambitions equally matched by a limited set of policy ideas for institutional reform. Unlike Ross Garnaut’s 1989 report, Australia and the Northeast…
By 2025, Asia will account for nearly half of world output. Even under conservative growth scenarios, three out of the world’s five largest economies will be in Asia. By the same year, income per person…
Last week was quite a big week in tax, although when the dust had settled it was not clear what — if anything — had really happened. First, the Treasurer announced in the Mid Year Economic and Fiscal Outlook…
Music fans may have noticed something odd when their favourite artists release new “best-of” compilations or remaster back catalogues for CD or iTunes. Over successive reissues, the same songs sound worse…
The release by the Business Tax Working Group of the Draft Final Report represents a lost opportunity for business tax reform. The Group dumped its original broader base, lower rate, revenue neutral approach…
The Gillard government’s plan to cut the baby bonus for second and subsequent children from $5000 to $3000 from July 1 2013 raises issues of equity and demographic change. Some have welcomed what they…
Short sellers are often portrayed by the media to be the villains of the financial markets. They are usually presented as evil traders that drive down the prices of good companies. However, the academic…
The first decade of the 21st century has heightened interest in the ethical and social positioning of companies. However, one of the real dilemmas associated with the movement toward more “corporate social…
The Fairfax Media AGM took place in Melbourne today against a backdrop of financial meltdown in the company’s fortunes. The share price — currently at 38 cents — has halved since the beginning of the year…
How are retail banks — the incumbents of banking — likely to fare in the era of mobile banking? This is an increasingly crucial issue for banks. Mobile banking is a major technological development, and…