The Australian dollar is a curious currency. It is the fifth most traded in the world and it gyrates pretty wildly – having traded below 48 US cents and above 110 in the decade or so from mid 2001 to 2011…
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Australia’s trade mission to India under Andrew Robb last week provided a much needed impetus to conclude an Australia-India free trade agreement in 2015. This would be a crowning achievement for the current…
With the federal government’s review of taxation about to get underway, many are expecting Australia’s Goods and Services Tax to be up for change. In this GST series we take a closer look at the evidence…
Commentators continue to call for new infrastructure to lift Australia’s flagging economic growth, yet there is a significant lack of awareness over what constitutes infrastructure. Infrastructure is not…
The Australian Automotive Association (AAA) recently stepped up its campaign against Australia’s Luxury Car Tax, arguing it means Australians are paying more than their Japanese or UK counterparts for…
While financial planning is on the pathway to professionalism, its education standards continue to be the subject of much discussion – and for good reason. The current standards set by ASIC mandate a comparatively…
Wayne Swan couldn’t do it. Joe Hockey has tried and failed. Getting the budget back in black is proving to be mission impossible. But it could be a whole lot worse. The Commonwealth Government’s bottom…
Financial markets are certainly experiencing considerable turbulence at present, with a six year low in oil prices weighing on international exchanges and the value of Australia’s energy industry falling…
Aviation has an emissions problem. As an industry, both in the scope of its operations and the nature of its emissions, aviation has a significant effect on the environment. Despite this, aviation emissions…
Judging from the first week of campaigning, the 2015 Queensland election is going to be very much about economics – and jobs in particular. On the one hand, Premier Campbell Newman and his Liberal National…
With monthly unemployment figures due out this week, the usual attention will be paid to fluctuations up and down. In last year’s Mid Year Economic and Fiscal Outlook Treasurer Joe Hockey predicted that…
My own introduction to the murders at Charlie Hebdo came via an email I received that morning from the Research Network on Innovation, which shares with me a deep interest in the economics of the entrepreneur…
Public interest in the development of global impact investing received a significant boost last year, due to an international campaign to divest in fossil fuels by superannuation, pension, and university…
Tax is back in the spotlight with coalition MPs and the Australia Institute talking about getting rid of some of the exemptions to the GST. There has also been a lot of talk about whether or not corporate…
The return by women to paid work after maternity or parental leave plays a crucial role in driving our workforce and economy. There is growing recognition of the link between supporting employees with…
Tuesday’s Australian Financial Review Chanticleer survey of 33 largely male “captains of industry” reveals that quotas to improve the numbers of women in senior management positions are still overwhelmingly…
Amid the ongoing debate over the future of penalty rates, a subtle but important issue also deserves to be examined: their impact on Australia’s “cash economy”. The Fair Work Commission is currently reviewing…
The wheels of justice grind exceedingly slow and nowhere slower than in the Sydney headquarters of the Australian Securities and Investments Commission (ASIC). A recent report appears to show that ASIC…
Arbitrage is a term often associated with billion dollar hedge funds and opaque finance trades. But it exists in day-to-day life in all sort of ways – from “gaming” public transport, to pitchsiding at…
It has been suggested that, with care and dedication, you can assemble a Masters of Business Administration for free. Perhaps unsurprisingly for those in the know, the idea hasn’t caught on. When leading…
Can a wine drinker judge the quality of a bottle by its price? The nature of this relationship has always been contested. We expect that consumers are willing to pay more for higher quality wines, while…
A recent public poll showed that of Australia’s recent federal treasurers, Peter Costello and even John Howard were rated higher than Paul Keating. Joe Hockey was rated the worst. Today’s release of the…
The large Queensland liquefied natural gas (LNG) projects currently under construction will begin production over the next two years. Exploiting previously unused reserves of coal seam gas, the LNG produced…
Accountants around the world are currently considering how the organisations they work for can meet the UN’s Sustainable Development Goals. As experts in measurement and data controls, analysis, reporting…
In April, Treasurer Joe Hockey set the tone for his economics policies in a speech in New York on what he referred to as ending the “entitlement culture”. Hockey, who had given a defining speech in 2012…