It’s tempting to design your own shoes, but it takes time.
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For a while Shoes of Prey could do no wrong. So what happened?
There’s still money to be made steering people into bad products.
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Dud insurance is the tip of the iceberg.
Malcolm Turnbull at the Tumut 2 power station in August 2017.
Alex Ellinghausen/AAP
We are getting closer to being able to apply private sector rigour to the examination of public sector projects with social benefits.
The AMP began life as a mutual, somewhere for its members to put their savings.
Tracey Nearmy/AAP
Parallels in the historical trajectory of AMP and IOOF are striking. Both were founded in the 1840s. Both demutualised, and now both find themselves centre stage at the banking royal commission.
Treasurer Josh Frydenberg receiving his first briefing from Reserve Bank Governor Philip Lowe.
Dan Hibrechts/AAP
Wednesday’s national accounts were good, perhaps as good as they’ll get.
Scott Morrison as treasurer during the May 2018 budget lockup.
Lukas Coch/AAP
The promised budget surplus depends on everything going right, and much more income tax says the Parliamentary Budget Office.
The pension age will climb to 67 and then climb no further, for now.
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The pension age won’t climb to 70 after all. What was it all about?
Treasurer Josh Frydenberg unveils the national accounts on Wednesday.
Lukas Coch/AAP
We are doing well, but our economic report card is mixed.
It’s about to become easier to steal money. We’ll have become more vigilant.
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It’s becoming easier to steal big licks of money through the financial system. We’ll have to be less trusting.
In Canberra you can build on land you don’t own.
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In Canberra you can build on land you don’t own, and it’s cheaper.
James Mirrlees, at a Henry Tax review forum at the Australian National University in 2012.
Alan Porritt/AAP
James Mirrlees died last Wednesday, aged 82. Australia owes him much.
Governments can use nudges to influence our choices.
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Law professor Cass Sunstein, on why behavioural science is always nudging us
The Conversation 20.5 MB (download)
Governments and businesses are using "nudges" to influence our choices, but how? On this podcast episode, Cass Sunstein, a Harvard professor who wrote the book on nudges, unpacks behavioural science.
Australians aren’t paid for their donations even though donors overseas are.
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To save taxpayer money and treat Australian donors more fairly, a competitive market for plasma supply is necessary.
Without measures to stop it, many of us will fall further behind.
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The press said the Productivity Commission found that all of us are better off. It didn’t.
Online prices drive offline prices.
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The mere possibility of online competition is restraining prices offline.
‘Unconscious bias’ might be a cop out.
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We need to hold people accountable for the harms caused by biased discriminatory behaviour.
Morrison made the market jump.
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The share market jumped after Scott Morrison won the leadership, and for once the jump seems to mean something.
There has been no robust evaluation of the last two employment programs.
AAP
Governments have relied on a series of employment programs to tackle the employment gap, but these have not yielded positive outcomes.
Many people take Uber not just because they want a ride, but because they want to contribute to a social good.
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Discussions with Uber riders bring out a wide range of opinions about the platform, especially when it comes to ethics.
Scott Morrison visiting a Queensland farm this week.
Alex Ellinghausen/AAP
Having an envoy for drought and a prime minister keen to visit drought-affected areas puts the government under pressure to do the wrong thing.
A variety of personal reasons motivate people to run a small business.
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Most owners of small businesses reconcile competing work and life demands in an ad hoc way.
People put off exploring alternatives to the default.
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Nudges were meant to be a good alternative to regulations, but it may be time to regulate nudges.
It all comes down to incentives and the size of parliament.
AAP
Our revolving door prime ministers are the result of the politicians being too responsive to what we think, and there being too few of them.
Central banks have been struggling to achieve their targets.
AAP
Immigration and light rail are both worthy topics of discussion, but it’s time to discuss a new monetary policy framework.
Recently Telstra, the big four banks, and the ABC have used technology to replace workers.
Joel Carrett/AAP, Paul Miller/AAP and Dean Lewins/AAP
Management trumps technology in making companies productive, but that doesn’t mean firms can be complacent when it comes to keeping up with change.