The Harper competition policy review recommendations include changing the way misuse of market power can be prosecuted.
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The “effects test” aims to boost prosecutions for misuse of market power. But will it really make it easier for the ACCC to win cases?
The Financial System Inquiry has suggested allowing more Australians to tap the equity in their home would boost the efficiency of Australia’s financial system.
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Reverse mortgages are a way to release the equity in a home, which is an important component of wealth for many Australians. Such mortgages have been proposed by the Financial System Inquiry as a way to…
The area of how sexual orientation affects pay rates is under-researched.
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Gay men earn less than heterosexual men, but lesbians earn more than straight women. The reasons may surprise you.
Treasurer Joe Hockey is likely to have an easier time selling a package of tax reforms rather than individual changes.
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Changing the GST in isolation would create serious problems, but increasing it alongside other reforms could have a major upside.
It will take more than the quotas Victorian Premier Daniel Andrews has suggested to add diversity to Australian boards.
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By assuming that prior service on a board is the prerequisite to success, companies are overlooking a large pool of talented women.
Every week is shark week in the sometimes shady world of consumer finance.
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Consumers will always make ‘irrational’ financial decisions, but behavioural economics could help regulators improve their education role.
Treasurer Joe Hockey wants Australians to rethink how tax works.
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Experts have welcomed another wave of discussion on tax reform, and this time everything’s on the table.
If Treasurer Joe Hockey is looking for tax answers, he has many reports to call on.
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Five years on from the Henry tax review, Australians are again being asked to rethink the tax system, with reform still years away.
Alternative sources of information about an individual’s behaviour provide new opportunities for credit assessment.
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Peer-to-peer (P2P) has the potential to challenge the dominance of traditional financial institutions like banks, but involves new risks for both lenders and borrowers.
China’s demand for infrastructure finance cannot be met by existing development banks.
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Australia may be a little late to the party, but the it still has a lot to win as it negotiates its position in the Asian Infrastructure Investment Bank.
A still from a NSW election ad, run on television and online, which says “selling the electricity network is wrong; selling it to another country is just not on”.
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Labor and the unions have decided to play the China card in the NSW election. Such scare campaigns ignore the facts, including that Australia has invested almost as much in China as China has here.
There are still many reasons workers and shop owners avoid Sunday trading.
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Employer groups are hoping a new deal on penalty rates will set a precedent, but the voices of young workers are missing from the debate.
In times of market jitters, investors flock to “safe-haven” investments like government bonds.
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Uncertainty about economic growth is driving record low long-term government bond yields, but there’s more to the story.
Prime Minister Tony Abbott and Treasurer Joe Hockey need to align their budget narrative.
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Until government leaders acknowledge Australia’s structural deficit and stop obsessing about debt, voters will be left frustrated.
The feeling is mutual.
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The performance appraisal is often perceived cynically by staff and executed poorly by managers. It’s time to re-appraise.
Communications minister Malcolm Turnbull has floated the idea of reforming media laws, but Australia media terrain has changed.
AAP/Penny Bradfield
if anything, media concentration is worsening and diversity won’t be improved by changing Australia’s media ownership laws.
Electricity privatisation has delivered big nest eggs for various state governments – but the NSW government’s $A13 billion privatisation price tag risks being undermined by an election pledge and the recent UBS controversy.
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Electricity privatisations have been like golden geese, providing A$37 billion to Australian state governments since 1992. But the price for NSW’s privatisation risks being undercut by two key events.
The activities of the US Export Import Bank effectively subsidise both the exporting company and the importing company in another country.
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The US Export Import Bank is facing closure unless it gains last minute Congressional support. How will it impact on Australian companies?
Naming and shaming is not really the main agenda of tax transparency.
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Companies that embrace tax disclosures and remind the public they are contributing to the economy could actually benefit from greater transparency.
Having a shredder or a firewall is not the same as having an information security strategy.
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There are many ways data can leak from organisations, and as long as companies leave it up to IT to solve, leaks will continue.
If your manager’s behaviour leaves you feeling anxious, angry or unwell, you’re not alone.
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New research has found even one or two toxic behaviours by a manager can significantly harm the mental health of employees.
Malcolm Fraser wasn’t a visionary like Paul Keating, but he did steady the Australian economic ship.
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Malcolm Fraser’s economic style was pragmatic, but he resisted the ‘dries’ in his party.
The warty pumpkin: beautiful on the inside.
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Convincing people to love ugly food makes sense for farmers and retailers, but will shoppers buy it?
Prime minister Tony Abbott has said the upcoming budget will be “routine”.
AAP/Nikki Short
Discussions of tax usually focus on tax rates, not on tax bases. But both offer possibilities to increase the total tax take.
Images of destruction in Vanuatu may sway tourists to stay away for up to 12 months.
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Vanuatu’s tourism industry has taken a beating from Cyclone Pam, but prospective visitors shouldn’t think that will be the case long-term.