Tax reform or trickery? Treasurer Wayne Swan’s plan for businesses to pay a monthly tax bill instead of a quarterly one has been met with acrimony from the business community.
AAP
One of the more contentious issues in the 2012-13 Mid-Year Economic and Fiscal Outlook (MYEFO) is a tax-timing change. Corporate income tax will be paid monthly instead of quarterly for very large corporations…
Rupert Murdoch wields enormous influence, but is subject to little accountability.
AAP
Rupert Murdoch recently told owners of 62% of the equity in News Corporation that they had no business in corporate decision-making. The company employees in excess of 50,000 people and has revenues of…
The federal budget often neglects to address the costs of unfunded liabilities.
AAP
Every Australian is directly or indirectly affected by unfunded liabilities. Yes — even you. State and federal unfunded liabilities now total more than $200 billion and this amount is rising rapidly. Is…
Mapping the scope of Australia’s care economy — both paid and unpaid — has been challenging.
Flickr\Wunkai
It is easy to measure the national economic value of primary industry production, of manufacturing, and of the wholesale and retail sectors. But many Australians don’t work in profit-focused enterprises…
The Basque cooperative Mondragon has remained resilient, despite Spain’s deepening economic slump.
Flickr\Fagor Automation
Back in the early 1980s, the former Secretary of State for Education in Harold Wilson’s Labour government, Shirley Williams, alerted me to a remarkable instance of regional economic development through…
In developing and developed countries alike, mobile banking is making its mark.
Flick\BankSimple
In developed countries such as the United States, United Kingdom and Australia, mobile banking — describing the use of mobile phones to make financial transactions — is transforming banking from a physical…
Nine CEO David Gyngell has secured a lifeline for the ailing television network.
AAP
Channel Nine is a station of two tales. The first is the positive story its viewers see: smiling in-house celebrities, reliable newsreaders, and blockbuster programs such as House Husbands, The Voice…
After the High Court case involving ASIC and Fortescue Metals, the ASX has released a Guidance Note that provides more clarification on continuous disclosure for listed companies.
AAP
Investor confidence is an obvious imperative of corporate legislation. Section 674 of the Corporations Act, which requires disclosure of information concerning securities that is not generally available…
How should we measure the size of the Australian economy?
AAP
Treasurer Wayne Swan recently noted that Australia now has the world’s twelfth largest economy. This suggests it has moved up three places during Labor’s period of office, and regained the three places…
Tackling France’s mounting sovereign debt will prove challenging for French President François Hollande.
AAP
Pressure is mounting for the recently elected French Socialist president, François Hollande and his government to address France’s sovereign debt, which is currently at a post-war record of 91%. France…
The ALP has passed a bill that will reduce the social security payments for single parents — most of whom are women.
Ed Yourdon\Flickr
There’s no doubt that last week’s stoush between Julia Gillard and Tony Abbott over sexism and misogyny was extraordinary. But in spite of all the bluster, a comparison of each party’s policies might serve…
Stanford University’s Alvin Roth (pictured) and UCLA’s Lloyd Shapley were given the Nobel prize “for the theory of stable allocations and the practice of market design”.
AAP
The Nobel prize for economics is often awarded for relatively abstract theoretical work. Rather less often, it is awarded for work with clear practical relevance. This year, the committee responsible for…
Is the number of Australians in poverty increasing, or are the statistics being interpreted inaccurately?
Flickr\Vermin Inc
Over two million Australians are currently living in poverty, according to a report released yesterday by Australian Council of Social Service (ACOSS). Dr Cassandra Goldie of ACOSS says that it is a “national…
There has been little debate around the proposed Defence Trade Controls Bill, which could criminalise common research activities.
Image sourced from www.shutterstock.com
At this moment, Australian Parliament is considering a Bill with far-reaching consequences for Australian research aimed at improving health, and fostering innovation in communications, mining, agriculture…
It’s usually in the shadow of regional power China, but Australians would do well to remember the benefits of a strong relationship with Taiwan.
Bonnetmaker
It is clear that Taiwan shares much in common with Australia. It is an island in the Pacific with a population of 23 million people, a population of indigenous people with a long history, and is a country…
Julia Gillard’s speech to Tony Abbott put the issue of entrenched gender inequality squarely on the agenda.
AAP
When Tony Abbott discussed the fallout from Peter Slipper’s resignation on ABC 24, he argued that he would rather that women were judged on what their actions are, rather than on the basis of their gender…
Next week is anti-poverty week. But a new group of Australians have been preparing to be inducted into the halls of poverty. Legislation was finalised to move around 100,000 single parents - mostly women…
The new virtual postman: Australia Post is about to launch its Digital MailBox.
www.shutterstock.com
Australia Post have every reason to be pleased with their role in the online shopping revolution. They are central to the process by providing a means of converting the virtual into the real, by delivering…
The Kiobel v. Royal Dutch Petroleum (Shell) case will be a litmus test for future transnational human rights litigation in the US.
mjsonline
Imagine the following hypothetical. An Iranian company secretly supplies poison gas to the current Syrian regime in order to kill tens of thousands of Kurdish citizens. And imagine that some of the victims…
Policies of austerity are a fundamental burden on low-income earning women in the UK.
Image from www.shutterstock.com
Since 2010, many European governments have adopted austerity policies in an attempt to reduce the budget deficits and increases in government borrowing that were caused by the 2007/8 financial crisis…
Industry partnerships can be critical to research outcomes and a country’s productivity.
Flickr/RMTip21
Uncertainty over research funding will cost jobs, hurt productivity and threaten the government’s plans to promote better linkages between industry and research, say sector leaders. The Australian Research…
The Mining industry’s “This is our Story” campaign showing the sector’s relationship with ordinary Australians may be part of a longer term strategy to avoid further taxation.
Screenshot from thisisourstory.com.au
Have you wondered why those chipper ads that share the personal stories of mining workers are still being rolled out on TV and at cinemas? In one, I recently learned about a sweet group of women whose…
US Secretary of State Hillary Clinton has spearheaded global push to increase women’s participation in public and corporate life.
AAP
Pressure is mounting globally for women’s equal participation in corporate and public life. As of March 2012, women made up only 3.2% of presidents and chairmen and 13.7% of board seats in European companies…
Battle of the smartphones: the Apple iPhone IV and the Samsung Galaxy II .
AAP
Don’t worry — you’re not seeing double. Everything looks the same … well, certainly in mass market products such as consumer electronics. The high profile litigation between Apple and Samsung is just one…
The sort of controversy surrounding Alan Jones and 2GB is familiar territory for US shock jocks; aggressive rhetoric threatens to drown out constructive dialogue.
AAP
Macquarie Radio Network Chairman Russell Tate’s decision to suspend all advertising on radio broadcaster Alan Jones’ 2GB Breakfast Show is an extraordinary testament to the conviction that commercial media…