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The debate around Coles and Woolworths’ home-brand products has been far too simplistic. AAP

House-brand push boils down to capitalism’s crisis

Global food giant Heinz has made a bit of a fuss about the growth of private-label or in-house brands in our major supermarkets. William Johnson, executive chairman, CEO and president of the $US16.4 billion…
Treasurer Wayne Swan is maintaining a slimmed down surplus for 2012-2013 - but storm clouds are rolling over the global economy. AAP

Slimmed down surplus as Swan unveils mid-year budget: experts respond

The Federal Government is still aiming to deliver a slimmed down surplus next financial year, but has downgraded economic growth forecasts amid a slowing world economy and news that Europe may already…
The European Central Bank needs to start buying more bonds from Eurozone countries. Images_of_Money

With Italy stagnant, it’s time for drastic Euro intervention

The departure of Silvio Berlusconi does not seem to have eased the pressure on Italy, with reports suggesting the International Monetary Fund is reading a 600 billion euro emergency bailout for the Eurozone’s…
Indonesia’s Susilo Bambang Yudhoyono and Julia Gillard both have domestic issues to overcome. AAP

Mending Indonesia ties will take more than free trade

Indonesia has announced that it will finally join the ASEAN-Australia-New Zealand Free Trade Agreement in January next year, making it the last of the 12 states involved to formally to implement the agreement…
International examples show that quicker access to arbitration could have avoided the drastic action taken by Qantas chief Alan Joyce. AAP

Qantas case shows the need for interest arbitration

As the Qantas dispute moves into the arbitration phase in Fair Work Australia (FWA), it is timely to consider whether the tests for access to arbitration under the Fair Work Act need refining. Prompted…
Paul Cleary’s book, Too Much Luck, highlights the many negative consequences of the mining boom. AAP

We are letting our resources luck turn to dust

Paul Cleary’s book Too Much Luck: The Mining Boom and Australia’s Future, is a timely appraisal of the dramatic economic and social impacts, as well as the political ramifications of the current resource…
Changes to the MRRT will leave a gaping hole the revenue the tax originally promised. AAP

We’ve gained a mining tax, but lost a rare opportunity

Federal Labor’s mining profits tax was originally designed to be a redistributive measure from a very profitable section of capital to all of capital through company tax cuts. The mini-me Mineral Resources…
Will arbitration by Fair Work Australia provide the outcome Qantas chief Alan Joyce wants? Not necessarily. AAP

The Qantas dispute: What next and a recap

Memo to the Qantas public relations team: if you mount a Twitter campaign calling for travellers’ luxury flying experiences in the middle of an unresolved industrial dispute, be aware there might be a…
Gillard made ground with Pacific leaders at the APEC summit, but Australia has much work left to do. AAP

Is Australia truly ready for the Asian century?

Australia’s future is clearly linked to the dynamism of North Asia and Indonesia, Vietnam and other economies in the region. Yet many significant challenges confront Australia in realising the promised…
Paul Cleary’s book, Too Much Luck, paints a negative picture of Australia’s mining industry. AAP

Has the mining boom given us ‘too much luck’? Hardly

CORRECTION: Stephen Kirchner’s review of Paul Cleary’s book Too Much Luck said he “wants the Foreign Investment Review Board to use its powers to force foreign companies to buy local”, and that he has…
Developing countries such as Cambodia can provide opportunities for the entrepreneurial, not just aid. Flickr/mwiththeat

Why raising developing countries out of poverty is good business

AusAID has just joined the litany of calls for business to become more involved in development. NGOs and governments want to encourage business to deliver better quality of life in poor countries. But…
After 20 years of enterprise bargaining, are we seeing an unintended return to compulsory arbitration? AAP

First Qantas, now nurses. Has the IR game changed?

With the threat of further industrial action at Qantas looming and Victorian nurses continuing with their rolling work bans, you could be forgiven for thinking that Australia has entered a new phase of…
The eurozone crisis is moving beyond “spendthrift” countries in need of rescue, to the rescuers themselves. AAP

Heart of darkness – entering the Eurozone’s end game

Early this week, sovereign bonds spreads for France and other Euro-core countries peaked. Around noon on Tuesday the spreads on French and Austrian 10-year government bonds exceeded the German bund rate…
Personal loans should be used to fund major infrastructure projects, like the National Broadband Network. AAP

Want to end the GFC? Put debt to good use

The Global Financial Crisis should be called the Global Debt Crisis. Too much debt has been created and there is not enough productive capacity to pay the interest on the debt, let alone repay the loans…
Are ordinary homeowners perpetuating Australia’s property bubble? AAP

The property bubble makes us slaves to each other’s debt

While my recent commentary (here and here) demonstrates Australian housing is in a bubble, I have not explained where this situation has come from. Asset markets, in this case, property, are the subject…
An abandoned shopping mall in Harvey, Illinois, once the scene of the car chase in iconic movie The Blues Brothers. Flickr/Kenfagerdotcom

Dawn of the dead mall: will we follow the US and dump the shopping centre?

The shopping mall - it’s an essential part of American culture - the quintessential US shopping experience. And Australia isn’t far behind. More and more of us are ditching local stores for the convenience…
Strategic friendships: will Australia’s decision to sign up to Obama’s Trans-Pacific Partnership agreement impact on our relationship with China? AAP

A ‘zhengyou’ to China? Signing with Obama on trade puts this friendship to the test

The task of simultaneously negotiating our traditional security and cultural ties with the US, and our burgeoning economic relationship with China, can justifiably be described as the “great foreign policy…
Has Australia managed to make the most of our opportunities to tap into the Chinese market? Flickr/peregrinari

The real story behind the “boom” in Chinese tourism to Australia

I recall attending a World Tourism Organisation [WTO] Conference in Tasmania ten years ago, where it was predicted that China would become the both the largest outbound travel market as well as the largest…
Angela Merkel and Nicolas Sarkozy must take drastic steps to maintain the legitimacy of EU institutions. AAP

It’s time for Europe to show some courage

The European Union is in crisis – yet again. If you enter “Europe in crisis” into Google, more than 655 million entries pop up. Europe’s current problems are being described as a Euro crisis – it is a…