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“There will be retrenchments”: News Ltd CEO Kim Williams. AAP/Tracey Nearmy

News Ltd to ‘centralise’ media business, axe jobs

News Limited has announced it will shrink its divisions in eastern Australia from 19 to five as part of a restructure that will “centralise” operations in each state and cause large job losses. The announcement…
Party With Paris … Fairfax broadsheets The Sydney Morning Herald and The Age present a decidedly more tabloid face online. Supplied

Fairfax must take ‘tabloid sites’ upmarket to survive

The radical shift by Fairfax Media to a digital-first model must be accompanied by a sharp improvement in the quality of journalism on its websites if the paywall plan is to succeed, media analysts agree…
ABC Managing Director Mark Scott: “I think there are still marvellous journeys to be had down the road of journalism.”

ABC’s Mark Scott defends against “groupthink” attacks by The Oz

ABC Managing Director and Editor-in-Chief Mark Scott has hit back at The Australian over its attacks on the ABC’s alleged “groupthink”. In a speech delivered at Melbourne University’s Centre for Advanced…

Consumer confidence weak despite rate cuts

Wary consumers are unmoved by recent interest rate cuts and healthy economic figures, according to an index of consumer sentiment that registered a rise of just 0.3% in June to 95.6%. The survey of 1200…
By lifting female participation in the workforce as much as 6%, Australia could boost its GDP by $25 billion. AAP/Sergio Dionisio

Widen GST, increase female and older workers to lift GDP

Widening the GST net and boosting workforce participation by women and older people could grow GDP by $70 billion within a decade, according to a report by independent think-tank the Grattan Institute…
There are more jobs, but even more job seekers. Flickr/Victor1558

Unemployment up, but it’s a good news story

The rise in Australia’s jobless rate for May was “a good news story”, economists said, as the largest increase in full-time jobs in 18 months was offset by an even bigger increase in the number of people…
The social, economic and environmental impact of academic research can continue for decades. Flickr/Sanofi Pasteur

Universities to explain benefit of research to ‘end users’

Academics from a dozen universities will be required to explain to industry experts the economic and social value of hundreds of research projects from the past 20 years, under guidelines for a trial designed…
Nobel laureate and astronomer Brian Schmidt speaking after the announcement of the Thomson Reuters awards. AAP/Alan Porritt

Top-cited academics honoured (but where’s the humanity?)

Twelve academics today received awards as the most prolific and most-cited researchers in fields deemed to be strong areas for Australian research, at a ceremony in Canberra. However, the prestigious Thomson…
Payday lenders can seem a necessity for many Australians. Flickr/taberandrew

Almost 3 million adult Aussies lack basic financial services

Almost 3 million adult Australians are entirely or severely excluded from mainstream financial services including bank loans and even bank accounts, and are often instead uninsured and reliant on loansharks…
Julia Lane oversaw the introduction of the STAR METRICS program in the US. vr.se

Push to quantify social impact of science goes global

Australia is preparing to join a worldwide push to map the wider social returns on investments in science. This week Professor Julia Lane, who developed and led the US National Science Foundations’s Science…
The ongoing decline in international students is placing Australian universities under financial pressure. AAP/Julian Smith

Budget relief for unis, but financial strain lies ahead

Anxiety gave way to relief across universities last night after Labor handed down a higher education budget that maintained indexation and delivered a $120 million increase to the overall research budget…
CSIRO CEO Dr Megan Clark. AAP/Alan Porritt

Efficiency tax will stifle scientific work at CSIRO

A $23-million “efficiency dividend” on administrative costs at CSIRO will inevitably affect the quality of scientific research at Australia’s national science agency, staff association president Michael…
Westpac chief Gail Kelly was the first female CEO of a major Australian bank or top 15 company. AAP/Dean Lewins

Make gender targets a job measure for managers

Australian businesses should set managers “challenging gender targets” and hold them accountable for the proportion of women in their work units, say the authors of a three-year study into gender equality…
Wikipedia co-founder Jimmy Wales will help the UK government design a platform where all taxpayer-funded scholarly will be available for free. AAP/Yonhap News Agency

Wiki founder to build open access site for UK research

The British government has enlisted the services of Wikipedia in a push to make all taxpayer-funded academic research from the UK freely available online - regardless of whether it is also published in…
Tweaking the numbers: managers are more likely to manipulate accounts when they are on performance incentive contracts. Dominic Knight

Bosses at ‘self-focused’ firms more likely to massage books

Manipulation in accounting is more common in firms where the work culture promotes self-interest, according to a joint study by Australian and Dutch researchers. The study, which obtained anonymous responses…
Managing Director of Google Australia and New Zealand Nick Leeder. AAP/Lukas Coch

Google boss: let internet flourish to boost productivity

The annual $27-billion boost to Australia’s productivity from internet innovation is at threat from policymakers who would rather restrict online access than embrace it, Google’s Australia boss has warned…
Ken Henry served as Treasury Secretary for 10 years. AAP/Alan Porritt

Ex-Treasury boss Ken Henry to head public policy body

Former Treasury boss Ken Henry is headed to the Australian National University, where he will lead a new public policy institute modelled on Harvard University’s renowned Kennedy School of Government…
Students work wirelessly on computers at Arthur Phillip High School at Parramatta in Sydney. AAP/Alan Porritt

Patently Australian: CSIRO settles suits over Wi-Fi

Australia’s national science agency will receive $220m after settling litigation against three US companies to license the wireless local area network (WLAN) technology it invented in the early 1990s…
The HECS black hole has reached $450 million. AAP/Luis Enrique Ascui

Expat workers have cost Australia $450 million in HECS

Australian university graduates who move overseas to work for long periods have deprived the country of about $450 million in unpaid HECS debts since the payment scheme was introduced in 1989, according…
Friends of The Conversation gather to mark the first year anniversary of the site at RMIT’s “the Green Brain” in central Melbourne.

Informed views on topical questions: The Conversation’s first year

The Conversation has “provided an avenue for academics to present an informed view of topical questions” and has become a “reliable source of information for the public at large around questions of major…
Eurozone countries must toe the fiscal line, or face the consequences under a new treaty signed this week. AAP

Fiscal miscreants to face sanctions, as Greek deal teeters

Europe this week has voted for tough new fiscal rules aimed at reining in high deficits, as world economic leaders continue to grapple with solving the sovereign debt crisis. But not all measures have…
Blindfolded investors: full financial disclosure is not required in superannuation. Flickr/Linzi Clark.

UniSuper benefit warning sparks demand for full disclosure

UniSuper’s admission that a superannuation scheme formerly guaranteed by employers, the universities, is underfunded has sparked angry calls for full financial disclosure to be mandatory, and raised questions…
Shuffled to the outer ministry: the formidable Kim Carr (right) lost the research portfolio to Chris Evans. AAP/Lukas Coch.

Carr loses research portfolio to Evans in cabinet shuffle: expert responses

Kim Carr has lost the research portfolio to Chris Evans in today’s cabinet shuffle announced by Prime Minister Julia Gillard. Evans will now be the Minister for Tertiary Education, Skills, Science and…
Emission control: delegates move through the corridors of the International Convention Center during the COP 17/CMP 7 United Nations Climate Change Conference 2011 in Durban. AAP/EPA/Nic Bothma.

Global climate change pact in Durban: expert comment

After a fortnight of talks, The Durban Climate Change Conference has ended with an agreement that a treaty should be developed in the next three years that - starting from 2020 - would bind countries to…