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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…
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…
New guidelines tighten requirements for listed entities to report on risks outside financial ones. AAP/Tracey Nearmy

New ASX guidelines to force sustainability reporting

Publicly listed companies will need to disclose exposure to economic, environmental and social sustainability risks for the…
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…