Business Briefing: breaking down the 457 visa myths
The Conversation16.4 MB(download)
Policies targeting the 457 visa workers scheme aren't going to improve the employment prospects for low skilled workers and Australia's unemployed, an expert says.
The super system provides very little support to low-income earners in the bottom 10% of taxpayers.
David Gray/Reuters
Super is the wrong tool to provide an adequate support in retirement for low-income earners. Our research shows top-up measures to help this group are poorly targeted and too expensive.
Trump’s trickle-down economic ideas to cut taxes and invest in infrastructure may not go to plan. So it’s not the type of fiscal policy leadership the world needs.
Pieter Brueghel the Elder, The Fight Between Carnival and Lent.
Donald Trump victory in the US presidential election will frustrate China, leading the country to try and assert its economic and political leadership. This means Australia may have to choose.
Donald Trump speaks at his election night rally in Manhattan.
Carlo Allegri/Reuters
Despite media reports that single parents might find relying on welfare payments more appealing than working, analysis shows they are better off working and more than half in Australia are.
China’s economy continues to grow, but corruption remains a major issue.
Wu Hong/EPA
Corruption is a political tool is China and it all depends on where you stand, as to who’s to blame. One thing is for sure- Western standards don’t apply.
Many centres were set up in Australian universities to take advantage of China’s rising importance, but without ongoing funding they might be subject to interference from external donors.
Couch potato or engaged citizen?
Woman on couch via shutterstock.com
The petroleum resource rent tax must be reformed to generate any significant revenue.
Chinese premier Li Keqiang and Russian prime minister Dmitry Medvedev shake hands at a Shanghai Cooperation Organisation meeting, which will help facilitate transparent economic cooperation between Asian countries.
China Daily Information Corp/Reuters
China will have to play by international rules on transparency and accountability if it wants to secure its place as a leader for economic development in Asia.
An ASIC report detailing how financial advice was paid for but not given by Australia’s big four banks exposes a culture problem that the government needs to deal with.
Private developers in China have been increasing their debt levels, research shows.
Reuters
