Business + Economy – Research and News

Reserve Bank governor Glenn Stevens condemned the “inability to find political agreement” on infrastructure. AAP/Dan Peled

Another rate cut possible due to weak economy: Stevens

Reserve Bank governor Glenn Stevens has left open the possibility of another rate cut, but warned against expecting monetary policy to do too much of the work in encouraging economic growth.
Large movements in relative prices will create winners and losers this year, the IMF has said. EPA/MICHAEL REYNOLDS

China economy to slow, hurting Australia: IMF

A new IMF report predicts a crackdown on cheap credit in China will help reduce China's real GDP growth rate from 7.4% last year to 6.8% this year and further weaken demand for Australian commodities.
Greens leader Christine Milne argues Australia is not doing enough to combat corporate tax avoidance. Lukas Coch/AAP

Experts caution Australia on unilateral ‘Google tax’

Treasurer Joe Hockey is considering a Google tax similar to that introduced in the UK, but experts warn it could derail global action on tax avoidance.
David Murray releases the Financial System Inquiry report. Britta Campion/AAP

Financial System Inquiry: expert reaction

Bank competition, increased capital levels and poorly designed taxes, such as capital gains tax and negative gearing, have…
OECD Secretary-General Angel Gurria, right, is welcomed by Queensland’s Governor Paul de Jersey at Brisbane International Airport. Patrick Hamilton/AAP

Narrow G20 agenda must go ‘structural, social and green’

The G20 summit must “go structural, go social and go green”, says OECD secretary-general Angel Gurria. Speaking at Griffith…
Philip Kotler says the rise of social media is challenging the concept of brand loyalty. Gabriel Chmielewski/Mays Communications

Q&A: Philip Kotler on whether traditional marketing is dead

International marketing expert Philip Kotler is in Melbourne this week telling Australian companies how best to position…
Communications Minister Malcolm Turnbull is revisiting well-trodden telecommunications competition issues. Gary Schafer/AAP

Turnbull leaves door open to break up NBN Co

Communications Minister Malcolm Turnbull has not ruled out a proposal by the expert panel reviewing the telecommunications…
The government will consider newly released recommendations from the Commission of Audit, which has suggested stringent cuts across the board. AAP/Lukas Coch

Commission of Audit lays path for deep cuts

Heavy on warnings that “business as usual” will leave future generations of Australians saddled with excessive debt, the…
Prime Minister Tony Abbott and Minister for Infrastructure Warren Truss announced a second Sydney airport at Badgerys Creek on Tuesday. AAP/Alan Porritt

Abbott confirms Badgerys Creek for Sydney’s second airport

Sydney’s second airport could see its first flight in the next decade as prime minister Tony Abbott this afternoon confirmed…
The number of young Australians unemployed for more than 52 weeks has tripled since 2008. AAP/Tracey Nearmy

Long-term youth unemployment triples in six years: study

More than 50,000 young people have been unemployed for more than a year, with the average length of unemployment almost doubling…
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…