In recent days, newly re-elected FIFA president Sepp Blatter has attempted to counter persistent corruption allegations by attempting to assemble a “council of wisdom” to clean up the international sporting…
“It was one of the worst meetings we’ve ever had,” Saudi oil minister Ali Naimi said after OPEC countries this week failed to reach agreement on increasing oil output, despite fears that high oil prices…
Throughout the heated debate around live animal exports over the past week, there has been an implicit assumption that the mistreatment of Australian cattle only ever begins after the animals have left…
In a decision hailed as ground breaking Fair Work Australia has recently determined that gender is a key factor in women’s low pay. Essentially the argument is that workers in the female dominated community…
Now that the Federal Government has finally succumbed to public pressure and suspended live cattle exports to Indonesia, it is worth considering why we were so caught off guard by the shocking revelations…
Solar panel payments are much in the news of late. NSW Premier Barry O’Farrell has backed down on retrospectively cutting the solar panel payment from 60 cents per kilowatt hour to 40 cents per kilowatt…
Today unions are organising events to reinforce the need for changes to the pay rates of employees in primarily feminised jobs. The partial decision by Fair Work Australia last month in the social and…
The first promotional interview for my new book The Bogan Delusion brought it home very strongly. As the drivetime radio host in Perth and I chatted amiably about the superficial aspects of the possible…
The Treasurer, Wayne Swan, has put out an appetiser for the Treasury modelling of the introduction of a carbon tax. In his speech to the National Press Club he reiterated the necessity of introducing a…
Tiger Airways chief Tony Davis’ decision to sell 1 million of his own shares in the company last week didn’t send the best message about his prognosis for the budget airline’s future in Australia. While…
Federal and state governments in Australia appear much less successful than their United States counterparts in recovering taxpayers funds lost to suspected large-scale corporate fraud. For instance, there…
National wage cases in the 1970s and 1980s were big news. Studying economics at high school at the time, I always looked forward to days when the Arbitration Commission handed down its wage judgement…
It is commonplace in Australian policy debate for groups presumed adversely affected by proposed policies to provide estimates of the undesirable consequences of change. A fashionable form relates to predictions…
Share markets in the US and around the world are expected to fall again this week following sharp declines on Wall Street last week. The Dow Jones industrial average closed on Friday down 2.3% for the…
The World Bank ranks Australia among the top five countries in the world in terms of its regulatory environment. Australia also ranks in the top ten countries in terms of control of corruption. International…
A poll of international investors last month found that 85% expect Greece to default on its debt this year. As market expectations go, that is very high. Moody’s has since downgraded Greece’s already abysmal…
ANZ Australia chief executive Phil Chronican appears to have taken surprising aim at one of Australia’s touchiest political issues: negative gearing. “Governments might want to look at whether the current…
To achieve actual reductions in Australia’s emissions, the carbon price will need to rise from its likely starting point in the $20s. A price floor in the trading phase could help bring about efficient…
The news that NBN Co has found a way to move forward from the crucial cost-of-construction issue must have surely lifted the Gillard Government’s spirits. NBN Co, the government-owned corporation in charge…
A combination of science and economics provide compelling reasons for policy initiatives and decisions by businesses and households to reduce emissions of greenhouse gases. The arguments are strongest…
Cate Blanchett possibly got more than she bargained for this week when she was caught up in a backlash over her appearance in a campaign calling for Australians to support a carbon price. Blanchett, a…
Andrew Forrest, one of Australia’s wealthiest mining magnates, has announced his resignation as chief executive of Fortescue Metals Group. In a statement released to the ASX, Fortescue Metals Group Chairman…
The most important single number in the latest Garnaut Review is 26, the proposed starting value for the carbon tax, expressed in dollars per tonne of carbon dioxide emitted. By coincidence, this is exactly…
The Federal Government’s move to ban live cattle exports to a handful of Indonesian abattoirs will not, in the long term, end the inhumane slaughtering practices revealed in Monday’s Four Corners report…
Ross Garnaut was unequivocal yesterday in responding to industry claims that Australia’s emission reductions would be irrelevant in an international context. “I do not accept that Australia is a pissant…