Islamic finance has grown and expanded rapidly in recent years. It was recently announced that, following in the footsteps of some of its European neighbours, Germany will soon have its first Islamic bank…
Wind and solar power appears to have been behind a drop in wholesale power prices in South Australia, leading to a proposal to reduce retail prices for consumers.
Renewable energy sources such as wind and solar power appear to be the impetus behind a South Australian proposal to substantially drop electricity prices, just as other states are hiking theirs. The Essential…
Spain’s Prime Minister, Mariano Rajoy, is under pressure to formally request a bailout from the European Central Bank.
AAP
Up until fairly recently, Spain was a story of economic success. It was an example of how the periphery of Europe was quickly catching up with the core. Between 1995 and 2007, Spanish real GDP grew at…
Sweet victory: Cadbury now has the right to the trademark for the distinctive shade of purple it uses for the packaging of its chocolate.
AAP
Can you own a colour, a name, or a sound? Those questions have been highlighted again in the UK, where there has been another outbreak of litigation about “Cadbury Purple”. Australian trademark law, like…
Gunns enjoyed fabulous profits, but the seeds of its collapse were planted from the outset.
AAP
The spotlight is shining on the collapsed Gunns, its former chairman John Gay, and the Tasmanian Government’s machinations to secure a pulpmill at all costs. But the pivotal role of successive Commonwealth…
Australia’s resource relationships with Korea, China and Japan weigh heavily on the regional trade agenda.
AAP
With the emerging discourse on the ‘Asian Century’, it has become something of a national past-time in Australia to bemoan our lack of integration in the Asia-Pacific region. As the soon-to-be-released…
The ABC has claimed a mobile application called Python I-View contravenes its terms of use - but what are the copyright implications?
AAP
The ABC recently raised eyebrows when it wrote a cease-and-desist letter to Python i-View, a mobile application which allowed viewers of ABC’s popular iview to download and playback its content later on…
Warning signals about global slowing have been there for some time - yesterday’s cash rate cut should not have been a surprise.
Monetary policy must be forward looking. It has limited ability to affect the here and now of the economy, as this has largely already been determined - by employment decisions, investment decisions and…
People power: organisations can set themselves apart by effectively engaging with their short-term and long-term employees.
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A recent conference organised by the Australasian Talent Conference, Contingent - the new perm, puts an interesting spin on the need to develop more effective and efficient organisations. Its focus is…
Relieved: Fortescue Metals Chairman Andrew Forrest wins his High Court appeal - but the message to ASIC is the need for greater transparency.
AAP
Fortescue Metals Chairman Andrew Forrest can breathe a huge sigh of relief after winning his High Court appeal against a Federal Court finding that might have seen him banned as a company director. The…
The GST is off-limits for both political parties, but a restructure could result in an increase in national productivity and incomes.
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With appropriate investment in design and explanation, a larger GST reform package could be one of the most effective and easiest options to help reverse Australia’s lagging productivity growth. Changes…
It might seem like a natural corporate fit, but will politics get in the way of the merger between defence behemoths BAE Systems and EADS?
AAP
It would be the world’s largest aerospace and defence contractor. Bigger than Lockheed Martin. Bigger than Northrop Grumman. And even bigger than the current global No. 1 defence corporation, Boeing. The…
There are as many compelling reasons for the Reserve Bank to cut interest rates as there are to leave them unchanged.
AAP
Predicting the Reserve Bank’s interest rate decision for October appears to be particularly tough for economic commentators. A decline in iron ore prices, compounded with a stubbornly high dollar, has…
Australia’s housing and rental affordability crisis is often cited as a justification for negative gearing.
AAP
Few Australian housing policies are more contentious than negative gearing. Despite the publicity it has received and its popularity with government and property investors, little analysis of negative…
Plans by the ASX to develop an on-market Bookbuild for public floats may have unintended consequences.
By the end of the year, the ASX aims to introduce the ASX Bookbuild platform, which will provide an alternative mechanism for companies to raise equity capital in Australia. Some commentators already view…
ANU vice-chancellor Ian Young says those giving away course content for free will find it difficult to later introduce fees.
AAP
Australian universities should be wary of being their “own worst enemy” when embracing Massive Open Online Course (MOOC) delivery, says Australian National University vice chancellor Ian Young. Comparing…
Australians from skilled trades or professions are the most likely to find a niche in the ageing workforce.
Nurse image from www.shutterstock.com
Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Adjunct Associate Professor Margaret Patrickson from the University…
The lowering of the tax-free threshold on online purchases is stomping on the long tail of retail.
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Will the long tail of the internet be docked by the fastidious imposition of GST to online purchases? Australian retailers have been lobbying the federal government to up the ante on online GST by lowering…
Many older people already want to work longer but encounter barriers to doing so.
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Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Rafal Chomik, a Senior Research Fellow at UNSW’s ARC Centre of Excellence…
Might come back to bite: the Federal Government is developing a retail government bonds market, but there are structures that would work better.
Flickr/Matthew_Roberts
Kevin Davis, Australian Centre for Financial Studies
Most investors don’t know (or care) much about the mechanics of how the ownership of securities they buy is transferred and recorded in the back-office activities (clearing and settlement) of financial…
There’s little proof that the transition to retirement has a significant impact on mental health.
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Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Australian National University’s Sarah Olesen and Peter Butterworth…
The future of advertising: Coca Cola have launched an Australian campaign as part of their joint venture with music streaming service, Spotify.
Flickr/Sorosh
The Australian launch of a joint venture campaign between soft drink behemoth Coca Cola with Swedish music streaming service Spotify and Universal Music, represents the new world of advertising. The “Share…
The banks have pulled the plug on loss-making company Gunns after it announced a $904 million loss.
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Forestry company Gunns has been entered into voluntary administration after posting a $904 million loss today. Tough economic conditions, including a high Australian dollar and falling woodchip prices…
What are the benefits and risks of an ageing workforce? Image source: www.shutterstock.com.
Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce, Today, Macquarie University’s Ben Spies-Butcher explains how increasing the…
Is Gerry Harvey feeling the heat over his online retail strategy - or are his comments simply a reflection of playing to several audiences?
AAP
Gerry Harvey is great media talent. When I first became interested in online retail, I almost immediately became interested in Gerry. As far back as 2000, Gerry told ninemsn on a live chat forum “that…