Articles on Business

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Crown Resorts operates three casinos in Macau and planned to lure more Chinese high rollers to its Australian operations before the arrest of eighteen employees threw their behaviour in China into question. Tyrone Siu/Reuters

Crown employee arrests show danger of assumptions about China

It's easy for foreign businesses in China to misstep when they don't understand the lack of a rule of law and the influence of the government.
Many Australians will not benefit from the Financial Services Council’s new life insurance code, Gail Pearson says.

New life insurance code riddled with loopholes

The Financial Services Council code of conduct for life insurance is the industry's last chance to reform before the government steps in.
Businesses need to consult customers to work out what is reasonable when it comes to using and securing their data.

Business Briefing: Trusting business to take care of your data

Business Briefing: Trusting business to take care of your data. The Conversation14.7 MB (download)
Businesses need to take the lead to show customers and governments that industry can handle data management, says former ACCC chief Graeme Samuel.
The research found the more confident a participant was, the worse they understood the phone contracts they were given. Dave Hunt/AAP

Consumers don’t understand smartphone contracts

Consumers don't understand the contracts they are signing when they buy smartphones, new research shows.
Health Insurers should be offering insurance that covers primary care, Paolucci argues.

Business Briefing: treat the cause not the symptoms of problems with private health insurance

Business Briefing: treat the cause not the symptoms of problems with private health insurance The Conversation10.5 MB (download)
If customers are questioning the value of private health insurance its because of the way the system is distorted by government incentives.
BHP Billiton is reporting details of its tax thanks to new UK regulations, however its still not completely transparent. David Crosling/AAP

Australian companies have more work to do on tax transparency

A number of Australian companies have released tax reports to the public in a bid to show transparency, however those reports are still incomplete.
Networking online might not be so good for your “social capital” overall. Kyle Steed/Flickr

The internet helps us translate ‘social capital’ to economic benefits

Spending lots of time on the internet might be good for getting what you want in the short term but it might not work in the long term.
Business leaders don’t have a crystal ball to predict future disruption but they can have a stake in it.

Business Briefing: we’re overusing and underestimating ‘disruption’

Business Briefing: we’re overusing and underestimating ‘disruption’ The Conversation13.1 MB (download)
Disruption might be a buzz word at the moment but it shouldn't be ignored. It may be impossible to predict but businesses can have stakes in creating it.
A Hanjin Shipping Co ship stranded outside the Port of Long Beach, California, one of many around the world. Lucy Nicholson/Reuters

Explainer: why Hanjin’s ships are stranded around the globe

South Korean Hanjin Shipping has ships and crews stranded in ports around the world as creditors and customers wait to see if the company can be saved.

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