Lost in translation. Australia will have to try harder to attract Chinese tourists.
Tourism Australia
Australia will have to adapt its tourism offerings to attract of growing market with changing expectations.
The Turnbull government needs to learn a thing or two from hacker culture.
Yahoo/Flickr
Innovation is not just about taking risks, but minimising and managing them.
University education has paid a rate of return of around 15%.
from www.shutterstock.com
Not only does higher education build the economy’s skills and knowledge, but that it pays for itself and much else many times over.
I’ve no idea.
pathdoc/www.shutterstock.com
Not enough time is set aside in the curriculum to teach young people economic literacy.
The uncertainty in financial markets from Brexit throws a spanner in the works of the election campaign in its final week.
Dan Himbrechts/AAP
Business Briefing: Zombie measures, crackdowns and Brexit worries
The Conversation 14,4 Mo (download)
As the world tries to get a handle on what a Brexit means, D-Day looms for both Labor and the Coalition.
In announcing the costings the Coalition has sought the mantle of better economic managers.
AAP/Adrian Muscat
The Coalition says it has costed its additional expenditure and will deliver $2.3 billion in savings, in contrast to Labor.
Run ragged. UK faces Brexit headwinds.
davidgsteadman/Flickr
George Osborne has sought to reassure markets, but the referendum result has sparked a chain of painful events at a time when Britain has no means to protect itself.
The economic slogans from all the major parties seemed to have fallen flat during this election campaign.
AAP image
For an election that is supposed to be based on who will manage the economy better, the debate has been disappointing.
Former Liberal leader John Hewson predicts that Malcolm Turnbull is on track to be returned as Prime Minister of Australia.
Lukas Coch/AAP
Most voters suspect that whoever wins government, they will soon declare that “the economy is not as strong as we had hoped or been led to believe” – and that promises will need to be broken.
Prime Minister, Malcolm Turnbull and Treasurer Scott Morrison should be pleased with the strong GDP figure, released during the election campaign.
Lukas Coch/AAP
The adverse impact of the resources bust is still there, but the figures suggest the economy tracking at or above its potential.
Two views of the Australian economy.
AAP/Stefan Postles
Scott Morrison and Chris Bowen kept to their lines, but both ignored Australia’s most compelling economic issue.
‘Labor leader Bill Shorten was wrong to claim an immediate GDP boost from his party’s education policy.’
Mick Tsikas/AAP
Both parties are proposing to spend more on education, yet there is no guarantee that either will lift outcomes substantially.
University graduates are vital to creating new jobs, technologies and industries.
from www.shutterstock.com
Over the next ten years, 40% of jobs are predicted to disappear. Universities will be essential to helping people reskill, upskill and reinvent their jobs.
Lots of balls.
GrEI
It made the headlines, but the numbers don’t add up.
The Johannesburg Stock Exchange building in Sandton, Johannesburg.
Reuters/Siphiwe Sibeko
The announcement of a rival to the Johannesburg Stock Exchange presents a welcome development in South Africa – but it’s not the first time the JSE has faced competition.
Magnetic rare earths are used in the production of magnets found in mobile phones.
Barn Images/Flickr
The magnetic group of rare earths, used in the production of powerful magnets, will be a driver for the market into the future.
Graphite can be converted into synthetic diamonds used in manufacturing.
Yves Herman/Reuters
Australia needs to move beyond mining graphite and invest in processes that convert it into synthetic diamonds and use it to create carbon fibres.
Lithium is used in Tesla Energy batteries for businesses and utility companies.
Patrick Fallon/ Reuters
If Australia investments in technology to recycle and lease lithium, it could capitalise on its increasing use in batteries.
Haulage truck at the Rio Tinto West Angelas iron ore mine in the Pilbara region of West Australia.
ALAN PORRITT/AAP
Even if the price of iron ore remains low, Australia is still well placed to benefit from this resource in the future.
A slowdown in mining has hit the industrial construction sector hard.
AAP/Paul Miller
The industrial construction sector will have to cut costs and focus on smaller projects due to a slowdown in mining construction.