Competition

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If a state-owned port is sold at a higher price with competition restrictions, consumers will pay higher prices in the future because of these restrictions. AAP/Martin Philbey

Selling ports and other assets: why anti-competitive deals to boost prices cost the public in the end

State governments are now seeking to maximise the price of privatised assets by adding sale terms that restrict competition for the future private owners. That amounts to a hidden tax on consumers.
Why do Asian children perform so well at maths? www.shutterstock.com

What is the secret to being good at maths?

Memorising facts and completing drills is likely to improve your maths skills – just so long as you find a way to stay motivated.
Fans cheer during The International Dota 2 Championships in Seattle, Washington earlier this month. Jason Redmond/Reuters

Just how big has eSports become?

The US$17 million prize pool at The International Dota 2 Championships shows how much the industry has grown over the past decade.
The UK’s Chris Froome dons the yellow jersey as he whips around a turn during the 17th stage of the 102nd Tour de France. Eric Gaillard/Reuters

Why doesn’t the fastest cyclist win the Tour de France?

Even before this year's race began, only five or six riders had any real chance of winning.
Big can be beautiful for Australia’s retail giants. Image sourced from Shutterstock.com

Supermarket monsters can be agents of change

Some say the only way to smash the Coles/Woolworths duopoly is more regulation and a consumer backlash, but this assumes all power is used for evil.
Woolworths chief Grant O'Brien will step down, but not before a replacement is found. Dan Peled/AAP

Woolworths forced to eat a slice of humble pie

The hubris on show at Woolworths was never sustainable, and as a result CEO Grant O'Brien will join more than 1,000 employees losing their job.

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