We find it hard to read forms and to understand risk, so we stick with what we know.
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Picking an dud superannuation fund can cost you about 13 years’ pay over a working lifetime, roughly the value of an apartment in Melbourne or Sydney.
It is estimated there are now more than 200 million cane toads across Queensland and northern New South Wales.
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Pauline Hanson’s idea to reduce cane toad numbers is fundamentally flawed, both in economic theory and in practice.
We’re unpredictable, but this could be a one-off adjustment.
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Prices are off, but from unprecedented highs. It could be a one-time adjustment.
Australia’s super system could give us so much more to retire on, without taking more out of our wages.
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Increases in super contributions come out of our own pockets. In the past Shorten and Keating have conceded this.
About 300 people were evacuated from Sydney’s Opal Tower after a loud cracking sound was heard on December 24 and a large crack appeared on the 10th floor.
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It’s tempting to blame building certifiers and the fact they are privately employed. But the cracks in the quality of our apartment buildings go deeper and can be fixed.
Tracking the journey of tuna from the seas around Thailand to Australian supermarket shelves shows modern slavery is a pervasive problem.
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Just one brand of tinned tuna in Australian supermarkets is able to confidently claim slavery was not involved in its supply.
Tourism accounts for 8% of global emissions, much of it from planes.
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Other industries plan for the future, but the tourism industry is acting as if responses to climate change will leave it untouched.
The enabling technology for insurers to use AI is the ‘ecosystem’ of sensors known as the internet of things.
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Three-quarters of insurance executives believe artificial intelligence will revolutionise the industry within a few years. It promises lower premiums, but brings ethical risks too.
Department stores and clothing retailers are drawing on consumer behaviour and psychological research to compete with online shopping.
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Traditional retailers want to lure you back with a shopping experience that online stores just can’t provide.
The odds of hitting your target goals is improved by building ‘goal infrastructure’.
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The power of intention only takes us so far. Achieving goals requires strategic infrastructure to overcome obstacles.
In 1930, John Maynard Keynes predicted a 15-hour work week – working three hours a day – within a few generations.
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The idea of reduced working hours was once seen as an essential indicator of progress. It’s time it was again.
An activist with the group People for the Ethical Treatment of Animals spruiks veganism in Sydney’s central shopping district.
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We all have the blinkers on when shopping with our ethics.
Eastern rock lobster on sale at Sydney’s fish market. Our preference for a limited variety of seafood drives up prices and threatens the industry’s sustainability.
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Australian fishing boats throw away up to half the fish they catch. To make the seafood industry sustainable, we need to eat all the fish that get caught.
A ‘Mickey Mouse’ Christmas tree at a shopping mall in Kuala Lumpur, Malaysia. The commercial aspects of Christmas have assisted its embrace in non-Christian countries.
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Many people become more forgiving of poor service if there are Christmas symbols around.
A simpler company tax system would collect more and could fund a lower rate.
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The budget looks good, for now. But the surge in taxable profits will subside as companies find ways to shift profits offshore. We’ve come up a better way to tax onshore what happens onshore.
Neither Treasurer Josh Frydenberg nor Finance Minister Mathias Cormann would commit to banking the proceeds of improved economic circumstances.
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When assessed by the government’s own rules, MYEFO fails. The government is spending the latest revenue windfall even though it promised not to.
As happened during the last budget boom, the government will spend it (quite likely on tax cuts) leaving little for when things turn down down the track.
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History suggests the government will spend most of the extra $10 billion per year that the MYEFO will reveal on Monday. The only problem is, those riches won’t last.
Asset recycling is a shell game, a way to get around government accounting rules.
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The so-called ‘Australian model’ of ‘asset recycling’ is no miracle cure for US infrastructure problems.
It’s easy to blame congestion on immigrants. But it’s really jobs that do it. People flock to where the jobs are, whether they are immigrants or not.
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Cutting migration to Australia’s biggest cities would do nothing to ease congestion in those cities and could make it worse.
Dami Im, the Australian entrant in the 61st annual Eurovision Song Contest in 2016, performs in the grand final held in Stockholm.
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The consequences of Brexit mean Australian exporters need to stop focusing on Britain and think more about Europe.
Newstart should be lifted by mush more than usually proposed, a new ANU algorithm finds.
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A new ANU computer algorithm can provide near instant answers about how to get the best bang for welfare dollars. It says we should boost Newstart and cut either pensions or family benefits.
It’s a long way from most places, but it is about to host a bigger battery than the world’s biggest, molten salt solar and pumped hydro generation, and a much bigger steelworks.
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Far from being wiped off the map as was once predicted, Whyalla is coming back in an unlikely way, as potentially Australia’s biggest steel producer powered almost entirely by renewable energy.
The Competition and Consumer Commission is worried about the ability of the platforms we use to determine the news we read.
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Australia might become the first country in the world to submit Google and Facebook’s algorithms to a public interest test.
The Bitcoin bubble is perhaps the most extreme speculative bubble since the late 19th century.
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From a peak of US$19,783, Bitcoin’s value has fallen by 80%. What makes Bitcoin worth anything?
Victoria’s Loy Yang brown coal power station at night. Breaking up generation companies might do little to bring prices down.
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The government wants the power to break up power companies if they keep prices high. There’s little to suggest it would achieve much.