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Is Gerry Harvey feeling the heat over his online retail strategy - or are his comments simply a reflection of playing to several audiences? AAP

You talkin’ to me? Gerry Harvey’s one-man, online retail debate

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…
Maintaining workforce participation in older workers has some benefits, but current labour trends are “age unfriendly”. Image from www.shutterstock.com

There’s no silver bullet solution to Australia’s ageing workforce

Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce, Today, Monash University’s Veronica Sheen looks at the sustainability of older…
A rare win for investors: Litigation funder IMF (Australia) helped fund a class action case against Grange Securities, which was found to have misled unsophisticated investors. AAP

Too late for Storm, but bank liability the lesson from Wingecarribee

Justice Steven J. Rares was blunt when he handed down his judgement in the long-running class action, Wingecarribee Shire Council vs. Lehman Brothers Australia, last week. Grange Securities, a subsidiary…
An agile company can respond to sudden challenges - but what qualities does it need? AAP

How Australian business can adapt in a turbulent world

Melbourne University and PricewaterhouseCoopers (PwC) have just announced the results of the first stage of their groundbreaking Agility Study, a world-first project aimed at understanding the value and…
The Federal Court has ordered Lehman Brothers to pay hundreds of millions of dollars in compensation to three local Australian councils. Ozdos

Understanding the Federal Court’s landmark ruling against Lehman Brothers

“How was it that relatively unsophisticated Council officers came to invest many millions of ratepayers’ funds in these specialised financial instruments? That is the fundamental question at the heart…
An emphasis on longer working lives should be a policy aspiration, rather than an ideological straitjacket. Image from www.shutterstock.com

Active ageing is a risky labour market policy

Welcome to Shades of Grey, a series from The Conversation that examines the challenges posed by Australia’s ageing workforce. Today, Monash University’s Philip Taylor looks at the costs and benefits of…
The Business Council of Australia’s Jennifer Westacott has called for a debate over the role of Australia’s public service.

Improving public policy advice is a debate we have to have

The provocative address by Business Council of Australia chief Jennifer Westacott to the Institute of Public Administration Australia (IPAA) International Congress in Melbourne yesterday achieved something…
The US has taken action against the use of conflict minerals, but Australia is yet to follow suit. AAP

Australia needs to act on conflict minerals

Last month, the US Securities and Exchange Commission (SEC), responsible for regulating capital markets, ruled in favour of laws prohibiting the use of “conflict minerals”. The new regulations have set…
Chilean president Sebastian Pinera’s recent Canberra visit underlines growing ties to Latin America. Now Australia must establish solid relationships with one of the world’s growing economic powerhouses. AAP

Australia finally ‘discovers’ Latin America; time now to forge relationships

Until now, we have paid little attention to Latin America. Our mainstream media hardly mentions the region or is full of misconceptions and stereotypes. But times are changing. Globalisation and technological…
Mitt Romney has said that 47% of households pay no federal income tax, but something about the statement doesn’t add up. AAP

Doing the math on Mitt Romney and the ‘47%’

Republican presidential nominee Mitt Romney’s comment that 47% of households pay no federal income tax is true. (It’s actually closer to 46%.) But when you dig beneath the bumper-sticker headline, his…
Without serious, structural fiscal reforms — which require bipartisanship and compromise — the US economy could go into free fall. Bungee jump image from www.shutterstock.com

Is the US set to jump off a fiscal cliff?

As we check our political calendars, many look to November 6 as the crucial date that will determine the future direction for US politics and the nation’s ailing economy. But in policy terms, it is January…
Australia’s surf megabrands — once thriving cultural icons — are now facing a changing tide of fortunes. Andrew Warren

All washed up: have surf megabrands forgotten their roots?

Yesterday’s announcement that iconic brand Rip Curl plans to sell-up raises the question: just what has happened to Australia’s iconic surf brands? It has been well publicised that the big three surf labels…
Had it come out five years ago, APRA’s consultation paper could have left taxpayers footing the bill for BankWest’s collapse in 2008. AAP

Protecting taxpayers from systemic risk should be at the heart of APRA changes

At first glance, a consultation paper released by Treasury last week aimed at strengthening the crisis management powers of the Australian Prudential Regulation Authority, could pass for a routine tidy-up…
As high frequency trading and dark pools worry Australian regulators, can a market be too fluid? AAP

Could high frequency trading lead to our own ‘flash crash’?

The dangers of massive high frequency trading are becoming increasingly clear in equity markets. Greg Medcraft, the chairman of corporate regulator ASIC, confirmed to a Federal parliamentary committee…
Australians love shopping online: so retailers must get to grips with the concept. AAP

The great online shopping debate — how the locals can win

Australians are among the most enthusiastic online shoppers in the world. Our most recent survey, published in the CCi Digital Futures report, The Internet in Australia 2012, has found a quarter of Australian…
Protesters outside the Federal Constitutional Court of Germany express their anger over Germany’s support of the ECB’s debt buy-back scheme. AAP

Balancing stability and sovereignty will prove challenging for the Eurozone

The past few days have seen economic crisis management — if not the political landscape in the Eurozone — change fundamentally. On September 6, the ECB announced it would buy-back unlimited government…
The CSIRO’s last and most ambitious megatrend: that people of the future will have a greater expectation of happiness through experiences over material consumption. Flickr/Goodncrazy

Megatrends: great expectations and the quest for happiness

Welcome to The Conversation’s series on megatrends, on six of the most compelling economic, social, environmental, political and technological changes Australia must grapple with, according to the CSIRO…
Chairman of the Federal Reserve, Ben Bernanke, is hoping that a third round of quantitative easing can bolster confidence in the US economy. AAP

Bringing out the big guns: Bernanke unleashes QE3

Finding bright spots in the US economy is a seemingly thankless task. The unemployment rate, despite dipping slightly in previous months, remains above 8%; last month, employers could only add 96,000 jobs…
Will Apple’s Passbook succeed where so many other digital wallet ventures have failed? Image from www.shutterstock.com

Will Apple’s Passbook be a pocket rocket in the digital wallet wars?

You might not realise it, but there is a virtual queue of organisations snaking around you just waiting to make you more valuable than you actually are. Your spending patterns, loyalty program memberships…
How much should CEOs get paid? Job evaluation systems may provide an answer. AAP

What is work worth? Taking a systematic approach to remuneration

Are CEOs worth their massive remuneration packages, or is there too much cash in the corner office? Executive pay has been in the spotlight in recent weeks amid a lacklustre reporting season for some of…
Given its parlous financial state, Queensland is within its rights to increase mining royalties. But why frame it as a surplus profits tax? AAP

Queensland coal: an accounting black hole

The Queensland Government has decided to raise coal mining royalties. Seems reasonable, doesn’t it? A review of Queensland Pty Ltd by Peter Costello revealed a precarious balance sheet. Time to get things…
Is a full enquiry into Australia’s banking industry overdue? source: shutterstock. Image sourced from shutterstock.com

Debunking the myth of our ‘well-regulated’ banks

A Senate Economics Committee has been reflecting on life after the global financial crisis for Australian banks. The general consensus has been to date that Australian banks escaped the worst of the fall-out…