AU Australia

Business + Economy — Research and News

Corporate social responsibility guidelines are meant to augment financial reporting, but there may still be gaps in what companies are disclosing. Flickr/Clogwog

Reporting ‘misrepresents’ business sustainability: study

Several prominent Australian companies could be inflating their adherence to corporate social responsibility guidelines…
Prime minister Tony Abbott said too many unnecessary regulations were costing businesses and hurting productivity. AAP/Daniel Munoz

Abbott claims $700m in red tape savings for business

Prime minister Tony Abbott said his government would create “the biggest bonfire of regulations in our country’s history…
Big spender: a new report has found workers in the Pilbara have gained the most from the resources boom, but rising costs of living are reducing some of the income gain. AAP/Will Russell

West cashes in on resources boom, but inequality also up

The mining boom has left the average Western Australian family nearly twice as well off since it began. But skyrocketing…
Investor confidence is evaporating on fears of low returns and increased market volatility. But a new survey also found corporate governance issues weighing on the minds of retail investors. AAP/Paul Miller

Investor confidence takes a tumble over corporate governance, volatility

An overwhelming proportion of investors want the introduction of a rating system to identify poorly governed companies, according…
Australia is pushing for hard growth targets at this weekend’s G20 Finance Ministers meeting, but taxation is the elephant in the room. Dan Himbrechts/AAP

Cut company taxes, boost innovation: OECD

Australia should cut company taxes and increase innovation to avoid falling behind in the productivity race, according to…
Treasurer Joe Hockey said G20 finance ministers gathering this weekend should help fix an outdated international taxation system. AAP/Daniel Munoz

Fix outdated tax arrangements Hockey tells G20 ministers

Treasurer Joe Hockey today urged G20 finance ministers to focus on ending gaps between Australian and overseas taxation arrangements…
High stress during times of financial instability leads to greater risk aversion, potentially worsening any downturn. AAP/Paul Miller

High stressed traders more risk averse, study finds

New evidence suggests investors have a greater appetite for taking risks when market conditions are good, and are more averse…
Austerity advocates, including the UK’s George Osborne, have used previous research to justify focusing on debt reduction, but a new paper says medium and long-term growth isn’t necessarily impacted. EPA/Stefan Rousseau

High debt doesn’t hurt economic growth: IMF

High levels of government debt won’t hurt economic growth in the medium and long-term, according to a new paper released…
A cash cube representing the $18.8 billion dollars of unclaimed superannuation (2011 amount). Dean Lewins/AAPImage

CSIRO-led research to model superannuation spending

How older Australians spend their superannuation and the impact of suggested legislative changes on retirees, will be the…
The Senate committee into the Commission of Audit heard from Treasury’s Nigel Ray as well as academics, unions and business organisations as part of an inquiry into the Commission’s scope and workings. AAP/Alan Porritt

Audit Commission should consider revenues, hearing told

The Abbott Government’s Commission of Audit should consider revenue raising measures as well as reviewing expenditure, a…
Businesses, government organisations and individuals are not currently well prepared to take advantage of faster broadband, according to the CSIRO. Flickr/HD Zimmermann

CSIRO report confirms lag in business internet use

Broadband access and coverage may have increased across the country, but businesses aren’t investing in the required skills…
The Microsoft Kinect, a motion sensor device for the video gaming first released in 2010, is the tip of the iceberg in terms of interactivity, according to researchers at a new social interactive technology lab in Melbourne. EPA/Oliver Berg

Microsoft partners with university but industry collaboration still weak

Microsoft’s research arm will partner with the University of Melbourne to explore how people interact socially with technology…
Consumers pay a premium for “eco-friendly” coffee largely thanks to labelling. Angelica Lasala/Flickr

Coffee greenwashing works: study

Coffee labelled as “eco-friendly” can attract a premium, with consumers led to believe it tastes better, according to new…