Members of the British Treasury Select Committee, US congressional investigators, state attorney generals and class actions lawyers who are investigating just who knew what and when in the sprawling investigations…
Is there a lack of literacy about Chinese culture among Australia’s commentators?
Last week I attended the 24th Annual Conference of the Chinese Economics Society of Australia (CESA), a network of mostly Australian academics with research expertise in the Chinese economy. At this conference…
The political tumult in Paraguay will have significant ramifications for future economic engagement between South American countries and Australia.
AAP
World Cup qualifiers in South America are renowned for their ferocity. For Uruguayans, there is more at stake than national pride. Even a “friendly” against Argentina or Brazil is a chance for revenge…
Damned lies and statistics: the figures indicate a significant deficit of dwellings in Australia. But is the methodology sound?
Capt' Gorgeous
One of the more interesting outcomes the 2011 Census produced was the figures concerning the housing market. The reason for this interest is how the results contrasted with the idea that Australia currently…
An extraordinary attack on ASIC chairman Greg Medcraft this week will do much to weaken confidence in the efficacy of the financial architecture, without any obvious potential upside.
The attack on the authority, integrity and judgement of the chairman of the Australian Securities and Investments Commission, Greg Medcraft, by the shadow minister for financial services and superannuation…
If you think that economics is all theory without real world applications, think again. The Conversation has been running an excellent six-part series by La Trobe University lecturer, Liam Lenten called…
Liam Lenten explains why the government spends your money on sport.
Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. In the sixth and final part of this series, Liam…
Proposals to extend our national security agencies’ surveillance powers over our electronic communications has caused much controversy.
Ludovic Bertron
In the “age of the social graph”, it is possible to profile people by tracking their relationships with friends and associates rather than by looking at the content of their communications. Debate about…
James Packer’s raid on Echo Entertainment has put Australia’s takeover laws under the spotlight.
AAP
It’s been an interesting time for Australia’s corporate watchdog. Financial manoeuvres by Gina Rinehart and James Packer, which saw them increase their holdings in Fairfax Media and Echo Entertainment…
There is no feasible set of adjustments around labour reform or productivity enhancements that will offset the loss of international competitiveness being experienced by the non-resources sector.
A new approach to tackling the structural effects of Australia’s record terms of trade on non-mining industries is needed from both business and government, argues one of Australia’s most eminent economists…
Aesthetics are becoming increasingly important in the modern workplace.
flickr_thinkpanama
Looks matter, both in our social and working lives. We want to look good and our employers expect us to look good, or at least want us to look a particular way. This requirement is a double-edge sword…
Liam Lenten presents Part 5 of Some Sports Economics.
Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. In the fifth part of this series, Liam looks at…
Welcome to Part four of Liam Lenten’s Some Sports Economics.
Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. In the fourth part of this series, Liam explains…
Argentina, like many other Latin American economies, could learn much from Australia’s economic resilience.
Luis Fdez
In 2009, I launched a book titled Drifting Apart: The Diverging Development Paths of Argentina and Australia, which I co-authored with Fernando Tohmé from Universidad Nacional del Sur in Argentina. We…
Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. Ever wondered why the AFL doesn’t charge more…
Australia’s economy was relatively unscathed by the global financial crisis, according to data from the latest Melbourne Institute HILDA survey.
AAP
In September 2008 the sudden collapse of the investment banking sector in the US would propel much of the world - especially Western economies - into the worst economic recession since the Great Depression…
Barclays’ manipulation of the LIBOR has raised questions about the Bank of England’s lack of regulatory oversight.
AAP
The United Kingdom has had a remarkably poor track record in prosecuting serious economic fraud. In part, this can be traced to deficiencies in the toolkit available to the Serious Fraud Office, a fact…
Former Barclays chief executive Bob Diamond leaves the Treasury Select Committee after giving evidence in London. The LIBOR-fixing scandal is the latest in a long line of dubious and illegal schemes.
The role of Barclays bank in manipulating the London Interbank Offered Rate (LIBOR) continues to dominate international financial media. The bank has already attracted fines from regulators in the UK and…
Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. In the second part of this series, Liam gives…
Liam Lenten presents Some Sports Economics, a six-part video which uses sporting analogies to explain common economic concepts.
YouTube
Welcome to Some Sports Economics, a six-part video series explaining economic concepts through sport, by La Trobe University senior lecturer, Liam Lenten. Liam says: “I am motivated to better explain basic…
If she is unable to gain seats on the board, Gina Rinehart can still establish a control base by initiating a takeover of Fairfax and offering a premium to shareholders.
AAP
Fairfax Media Ltd’s constitution enables the board to allocate board places in addition to the existing directors up to the maximum number of directors allowed in the constitution - not more than 12 unless…
With the rest of the world mired in economic crises, it seems Australia is the place for foreign central banks to park their assets.
Krug6
Central banks everywhere - from Russia to the Czech Republic - are piling into Australian-dollar-denominated assets. This has limited the fall of the Australian dollar to around 3% from its peak even though…
A Diamond in the rough: Former Barclays chief executive Bob Diamond bore the brunt of public anger over the LIBOR scandal. But attention should be paid to behaviour of regulatory authorities.
AAP
As the Deputy Governor of the Bank of England, Paul Tucker, prepares to give evidence to the Treasury Select Committee, he will be mindful of the insult thrown at Bob Diamond, the recently crestfallen…
Certain obstacles - such as Fairfax’s 51% shareholding in New Zealand incorporated company Trade me - play a role in Gina Rinehart’s decision to lower her stake in Fairfax to 15%.
AAP
Hancock Prospecting’s explanation for selling down to 15% of Fairfax suggests it is unlikely either to bid or sell down further in the short term. Its stated reason was to clear an obstacle - arising from…
Modelling by the Centre of Policy Studies at Monash University indicates relatively few job losses associated with the the Federal Government Murray Darling Basin water buyback.
Flickr/Times Up/Linz
The environmental health of Murray-Darling Basin has been an issue for several decades. The Council of Australian Governments introduced significant reforms in the 1990s that are assisting in environmental…