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Price-gouging might occur under the carbon tax regime, but market discipline will keep it in check. Flickr/dmcneil

Trust the market – why regulation won’t stop carbon tax gouging

Federal Treasurer Wayne Swan has announced that the government will provide the competition watchdog with almost $13 million in extra funding to tackle carbon tax-related price-gouging. In this context…
Sign of the times for Rupert Murdoch’s UK print media operations. AAP

The unfolding impact of the Murdoch media crisis

Born and bred in the UK, I have spent my entire adult life in the company of News International newspapers. And as a media scholar by profession, I have been critical of the Murdoch titles for decades…
Rupert Murdoch’s British newspaper empire is reeling under the phone hacking scandal. AAP

Murdoch, mediacracy and the opportunity for a new transparency

Schadenfreude is the tough-sounding word that wins my vote for describing accurately how millions of people around the world are feeling about Rupert Murdoch’s media empire. For those who were long resigned…
Intense US debt ceiling negotiations in a political war of nerve; but no resolution yet. AAP

No hard ceilings? The dance around US debt intensifies

International ratings agencies Moody’s and Standard & Poors have both indicated they would consider downgrading the US’s debt rating as negotiations aimed at raising the country’s statutory US$12.3…
What will the carbon tax mean for our wide brown land? bfick/flickr

Brave new world? Australia after a carbon tax

The flurry of media that followed Julia Gillard’s announcement of the carbon price plan on Sunday had a clear, simple message. How much will you pay, and how much will you get back? But the introduction…
In the frame: David Jones has fallen victim of slumping consumer confidence - but is it warranted?

Are doubts about consumer confidence justified?

Consumer confidence has fallen by 8.3% to its lowest level in two years, according to the Westpac-Melbourne Institute Consumer Sentiment Index. The drop has been connected to speculation about the impact…
Britain’s tabloid culture is yellow journalism for the 21st century. AAP

Rupert Murdoch and the News International tabloid grotesquerie

When American newspapermen mused on their profession a century ago, they would confess, usually with pride, that it was both cruel and mendacious – and had to be. H L Mencken, among the most influential…
Funding for agricultural research and development has to come from somewhere. AAP

A GST on food could save us from shortages

Food security is on the agenda for Australia. I wrote on this recently, pointing out that while we currently grow enough to feed 60m people, we are not immune to food security pressures. Wealthier nations…
Julia Gillard claims Peabody’s $5bn bid shows international confidence in the coal industry’s future. AAP

Peabody’s bid for Macarthur Coal is hardly a carbon tax endorsement

Prime Minister Julia Gillard has claimed that US-based Peabody Energy’s $5bn takeover bid for Queensland’s Macarthur Coal represents an endorsement for the government’s carbon tax. But does Peabody’s bid…
Latrobe Valley’s longer term future will depend on the cost of building new gas-fired plants. AAP

After coal: what’s the future of Victoria’s Latrobe Valley?

There appears to be lots of ‘doom and gloom’ around brown coal generation in Victoria’s Latrobe Valley under the carbon tax. It is far from obvious that this is justified – at least in the next few years…
Although the Centro ruling applied to a listed company, directors of not-for-profits should take notice. AAP

The lessons for not-for-profits in the Centro judgement

The flood of media coverage following the landmark Centro Properties Group findings has left directors from both the public and private sector concerned over an apparent increased level of expectation…
Without a carbon price, other countries may lose interest in our exports. Joost J. Bakker IJmuiden/Flickr

Why a price on carbon is good news for Australian trade

In the lead up to the carbon price announcement, much of the criticism of the scheme has talked about the damage to Australia’s exports. But the move to price carbon could save us from a far worse economic…
Households will bear more financial burdens as Gillard’s carbon tax regime matures. AAP

Carbon tax will make working families pay for problems markets created

The carbon tax is short-term carrot and long-term stick. The Coalition’s campaign against “a great big new tax” drove Gillard to introduce a tax for which most people and businesses affected will be compensated…
The Dominique Strauss-Kahn case has polarised opinions in France. AAP

How the French are seeing the DSK saga

Since news of the controversial rape case involving Dominique Strauss-Kahn (quickly dubbed “Affaire DSK”) broke in May, the focus of the French media and French political class has been firmly fixed on…
Laws designed to protect domestic workers could also help those trafficked from other countries. Flickr/Kara Allyson

How a simple signature can help stop people trafficking and worker abuse

Domestic workers now have greater protection from exploitative employers. The International Labour Organization (ILO) has adopted a convention which regulates working hours and prevents violence in the…
Kim Carr has canned the journal rankings system: but what should be next? AAP

Why the ERA had to change and what we should do next

There was much celebrating around Australia’s university campuses when the Minister for Innovation, Industry, Science and Research, Senator Kim Carr announced changes to the “Excellence in Research for…