Australia’s stark comparative advantage in mining is both a boon and a bane to our economic development. Investment in the mining industry as a share of Australia’s GDP has already reached unprecedented…
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What happens when two of Australia’s best known former competition regulators sit down together and talk about the world? A wide-ranging discussion on the state of Australia’s political debate, xenophobia…
The debate over how to green industry remains locked into national and regional settings. However, it is really at the level of cities that progress is likely to be achieved. Increasingly, the focus of…
Soccer in Australia occupies a paradoxical position in the Australian sporting landscape. It has the highest overall participant rates, yet is ranked fourth of the four football codes in popularity and…
Consumers are becoming less loyal as they put more focus on getting the best possible deal, and become more willing to shop around to get it. In response, retailers have turned to loyalty programs in an…
If wishes were horses, then beggars would ride. And if wishes were new technology, then Victoria’s Latrobe Valley would be a mining export hub to rival the Pilbara. But wishes are neither horses nor new…
In November 2011, the Eurozone crisis reached a climax with interest rates on sovereign debt of Eurozone problem debtors soaring. Fear of sovereign defaults spilled over into the interbank markets as Eurozone…
Can the economic rise of new middle-income countries such as China, Brazil, India and even Indonesia continue until they become high-income countries like Australia? Japan, Singapore, South Korea and Taiwan…
In what is being billed as iiNet versus Hollywood, the Australian internet service provider has come out an apparent winner after the High Court dismissed a copyright infringement case brought by industry…
AUSTRALIA IN THE ASIAN CENTURY – A series examining Australia’s role in the rapidly transforming Asian region. Delivered in partnership with the Australian government. Today, Professor Jeff Borland suggests…
Despite ongoing uncertainty about global economic conditions, prosperity in Australia remains both very high and relatively widespread. But there is one group in Australia who has not shared in our rising…
The Federal Government is continuing its pre-budget surplus sell, with Prime Minister Julia Gillard directly linking its plans to return the budget to surplus to lower interest rates. Gillard will use…
AUSTRALIA IN THE ASIAN CENTURY – A series examining Australia’s role in the rapidly transforming Asian region. Delivered in partnership with the Australian government. Here, Professor Brian King crunches…
In Australia’s economic history, there always been tension between Labor and the banks. My grandfather was an adviser to wartime Labor Treasurer and Prime Minister, Joseph Benedict Chifley, better known…
In a highly symbolic move, the World Tourism Summit this week opened in Sendai, Japan, the area most affected by last March’s tsunami and Fukushima nuclear power plant meltdown. Hosting the Summit, which…
A fundamental truism of economics is that if you tax something, you get less of it. Tax is thus a good place to start in seeking to explain why Australia’s housing market is chronically under-supplied…
As if losing their jobs wasn’t bad enough in a contracting local economy, the 350 laid-off workers from the Toyota plant in Altona, also leave with the stigma of being a “low-productivity” worker or, colloquially…
AUSTRALIA IN THE ASIAN CENTURY – A series examining Australia’s role in the rapidly transforming Asian region. Delivered in partnership with the Australian government. In this instalment, Dr Richard Pomfret…
When the report of the Independent Inquiry into the media and media regulation, aka Finkelstein inquiry, was released some time ago, it was denounced as sinister and – like the Leveson Inquiry in the UK…
As we are only too aware, manufacturing in Australia is currently under a great deal of pressure, operating in a relatively high cost environment, facing significant international competition and taking…
AUSTRALIA IN THE ASIAN CENTURY – A series examining Australia’s role in the rapidly transforming Asian region. Delivered in partnership with the Australian government. Today, Dr James Laurenceson asks…
The focus of the statement by the Australia-New Zealand Shadow Financial Regulatory Committee asks whether the systemic importance of the big four Australasian banks warrants special regulatory treatment…
The Federal Government recently announced that it would use the 457 visa skilled migration program to fast-track the number of skilled workers applying from the United States. In defending this move, Federal…
If you can’t measure it, you can’t manage it. Therefore, managers need a formal, cascading set of KPIs (key performance indicators), KPTs (key performance targets), and annual performance reviews to keep…
Poverty is definitely not some bucolic ideal that we should romanticise. It is ugly, brutal and should be fought against. But there are lessons from the poor that we, in affluent (and frequently complacent…