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The receding waters of Lake Pamamaroo which makes up part of the Menindee Lakes system near the township of Menindee, Thursday, February 14, 2019. Dean Lewins/AAP

Droughts, extreme weather and empowered consumers mean tough choices for farmers

Australia’s farming industry will need to take full account of its obligations to its workers, its customers, society and the environment if it is to prosper in the years to 2030.
The EU’s data protection measures aspire to force companies to be more transparent around data collection. from www.shutterstock.com

Should online users be bound by their privacy agreements?

The European Union has enacted a systematic plan to give people more control over their personal data online. But despite these efforts, privacy agreements remain largely unreadable.
Newly-elected US Democrat Alexandria Ocasio-Cortez is co-author of the New Green Deal which proposes massively expanding the budget deficit as a way of supporting both the environment and the economy. Alba Vigaray/EPA

Vital Signs. Do deficits matter any more?

There are limits on how much governments can spend without earning, although increasingly politicians are behaving as if there are not.
Treasurer Josh Frydenberg with Australian Securities and Investments Commission chair James Shipton. His new powers are imperfect, but they will help. Peter Braig/AAP

Fines that’ll hurt. ASIC’s powerful, if ill-fitting, teeth

Suddenly, ASIC is about to have real power. It’ll be easier to get prosecutions and they will hurt, even if the law remains less than completely clear.
Unemployment and underemployment, as well as physical and mental health problems, were the most common experiences of people falling behind on debts. Shutterstock

What 1,100 Australians told us about living with debt they can’t repay

Australia’s first large-scale study on the experiences of people in financial hardship contradict the idea most debt problems are due to poor choices.
Good economic times have allowed us to become complacent, meaning conditions are ripe. Shutterstock

Australia’s populist moment has arrived

It’s been 27 years since our last recession. Conditions are ripe for a populist revolt when the next one arrives.
About 13% of Australian worker are working 50 hours or more a week, putting themselves, and others, at greater risk. Shutterstock

Our culture of overtime is costing us dearly

A maximum work week of 38 hours makes scientific sense. Working longer hours is bad for mental and physical health.
The decoy effect is the phenomenon where consumers swap their preference between two options when presented with a third option. Shutterstock

The decoy effect: how you are influenced to choose without really knowing it

Most pricing structures nudge us to spend more. But there’s a particularly cunning type of pricing that can get us to swap our preference from a cheaper to a more expensive option.
In a survey of 1,000 Australians, 35.4% agreed banking and financial institutions show ‘no leadership for the greater good’. Shutterstock

One-third of Australians think banks do nothing for the greater public good

More than a third (35.4%) of respondents surveyed by the Australian Leadership Index believe banking and financial institutions show “no leadership for the greater good”.