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The Harper competition policy review recommendations include changing the way misuse of market power can be prosecuted. Image sourced from www.shutterstock.com

Explainer: what is the competition ‘effects test’?

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. Image from www.shutterstock.com

Ageing population calls for more reverse mortgages

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…
Treasurer Joe Hockey is likely to have an easier time selling a package of tax reforms rather than individual changes. Tracey Nearmy/AAP

How increasing the GST could boost our standard of living

Changing the GST in isolation would create serious problems, but increasing it alongside other reforms could have a major upside.
Alternative sources of information about an individual’s behaviour provide new opportunities for credit assessment. Image sourced from shutterstock.com

What you need to know about peer-to-peer lending

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. Image sourced from Shutterstock.com

Stakes are high for Australia in Asian infrastructure bank

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”. CFMEU Mining/YouTube

Playing the China card may win votes, but it’s bad for Australia

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.
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. Dmitry Melnikov from www.shutterstock.com

Electricity privatisation: has the NSW golden goose been plucked?

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.