Renowned economist Thomas Schelling celebrates winning the 2005 Nobel Prize in Economics.
Mike Theiler/AAP
Nobel Prize winner Thomas Schelling will be recognised for his little-known comments that sparked behavioural economics.
Customer-facing roles may soon be taken over by cheaper, friendlier and more knowledgeable robotic retail assistants.
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Business Briefing: when robots and customers meet
The Conversation 17.8 MB (download)
Customers might prefer digital robots who don't judge for now but physical robots with empathy may be the customer service workers of the future.
President-elect Trump’s twitter account has the power to devastate companies’ share prices.
Des Moines/Reuters
Tweet-shaming from politicians isn’t the best way to regulate companies – it hurts investments, shareholders and ultimately the economy.
What we buy can be an extension of what we want to convey about our identity and status.
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The expensive things we buy say a lot about our identity, the way we think, and how we feel.
Scott Morrison says after current spending is taken care of the government will be able to focus on ‘good debt’.
Lukas Coch/AAP
Treasurer Scott Morrison says the government will take on more ‘good debt’ to boost productivity when current spending is under control.
The Federal Court dismissed the ACCC case against Woolworths.
AAP/Joel Carrett
The ACCC lost a case it brought against Woolworths for how it treated suppliers. It needs to rethink how it tackles such cases.
Shipping lines must fight back against fears their industry is destined for demise.
Edgar Su/Reuters
The collapse of shipping giant Hanjin and slowing growth point to rough seas ahead for global and local shipping lines.
The amount of tax payable from Australian corporations went down in this latest report.
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As long as the ATO doesn’t question why companies are reporting zero tax payable on their income, the public won’t know if serious tax avoidance is happening.
Open to all?
Lukas Coch/AAP
The actions of the Coalition government speak louder than words in its commitment to open government.
CEOs who are more confident are less likely to sell their own stock in a company.
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If a company is led by an overconfident CEO, the firm is less likely to invest in corporate social responsibility measures like workforce diversity.
Australian business confidence is falling, amid concerning signs from other economic indicators.
Dan Peled/AAP
Australia’s economic indicators are showing worrying signs, with business confidence falling in the face of continued low interest rates.
Shareholder activism is growing worldwide.
Heino Kalis/Reuters
Australia’s rules on how investors engage with companies, coupled with the clout of superannuation investor groups, means there’s potential for more shareholder activism.
Insider trading has a reputation of being hard to spot and prosecute.
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For the first ever case a corporation was fined for insider trading. But we should consider stiffer penalties to protect markets.
Consumers need more protection when it comes to making complaints about products.
David Crosling/AAP
The latest Productivity Commission report on how consumer law is being used shows that the same issues still haven’t been addressed for years.
Scott Morrison rejected earlier foreign-controlled bids for the S Kidman & Co. pastoral empire on national interest grounds.
AAP/Lukas Coch
The sale of the vast Kidman pastoral empire to the joint venture Outback Beef has passed the foreign investment hurdle.
China’s foreign reserves are declining.
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China has introduced new currency and investment controls after foreign exchange reserves hit the lowest level since 2011. This could have a profound impact on our trading relationship.
Superannuation’s influence on the Australian financial sector mostly balances out.
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Business Briefing: what super is doing to banking and finance
The Conversation 10 MB (download)
New research modelled how an increase in the superannuation guarantee would affect the finance sector and the results show it all balances out.
Chinese cranes might soon be a common sight through Asia.
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As domestic construction slows, Chinese property developers are starting to look overseas. The potential impacts are diverse, from property prices right through to regional diplomacy.
Cutting corners can be a sign of Machiavellianism.
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Employees who ‘cut corners’ at work tend to be morally compromised, low in conscientiousness, self-focused and impulsive.
They might seem innocuous, but tweets can have very real effects on company stock prices.
Paul Miller/AAP
Social media communication like Twitter can influence investor decisions in an unequal way and whether the company intends it or not, research finds.
‘Tis the season to think about Christmas spending in a different way.
Dan Himbrechts/AAAP
Five tips on how to spend in a way that contributes to social movements this Christmas.
Some low income families as part of the study reported not having enough money to feed themselves as well as their children.
Sam Mooy/AAP
New research shows the harsh realities of getting by on a low income and highlights how help for those doing it tough needs to change.
Voters rejected Matteo Renzi’s referendum on constitutional reform, plunging Italy into political uncertainty.
Alessandro Garofalo/Reuters
The “no” result from Italy’s referendum is likely to brew political and economic uncertainty for some time yet.
China is trying to fix its debt woes with financial hocus pocus.
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Chinese debt levels are unsustainable and its plan is more of the same. China needs real market reform if it is to avoid a debt crisis.
The new head of the Business Council of Australia, Grant King, needs to change his tune to remain relevant.
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The new president of the Business Council of Australia Grant King will need to change his message on company tax and other issues to really remain relevant.