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Indonesia raised its subsidised fuel prices by more than 30% as an effort to escape the country’s current account deficit. EPA/Hotli Simanjuntak

Indonesia’s fuel subsidy cut, a bitter pill that had to be swallowed

Indonesia’s move to cut fuel subsidies, raising the prices of petrol and diesel by more than 30%, could be a game-changer for Indonesia’s economy. The subsidies, which have kept fuel prices in Indonesia…
It can take more than three years for a public servant to climb back to their same level of pay after losing their job. Alex Proimos/Flickr

When public servants lose jobs it takes years to get back on track

By 2017, some 16,500 public servants will have lost their jobs, or have been shuffled into other positions within the public service, in the government’s ongoing drive for budget savings. The long-standing…
Was the Coalition too quick to take up Gerard Henderson’s IR club theme? Dan Himbrechts/AAP

The enduring myth of the industrial relations club

The Abbott government will soon ask the Productivity Commission to review the Fair Work system. In parallel with that review, we need a more sophisticated debate about our workplace relations framework…
The ABC’s focus on digital will not help it make a case for its uniqueness. Dan Peled/AAP

The ABC’s ‘me too’ strategy puts it on track for redundancy

Is the ABC trying to make itself redundant? Because that appears to be its strategy. Here’s why. The ABC is expensive. In 2013 it was allocated more than A$1 billion of taxpayer funds. The ABC claims…
Advocates of free trade often overlook the goals - and the people - that free trade deals leave behind. Jeff Tan/AAP

Beware overselling the case for free trade

Following a fortnight of intense Australian international engagement in APEC and the G20, last week saw the culmination of nearly a decade’s worth of negotiations with China over a much-anticipated free…
Alice Springs has been prone to severe flooding. NT Police/AAP

Will the Territory Insurance Office sale push up premiums?

The announcement yesterday by the Northern Territory government that it is selling the Territory Insurance Office’s insurance assets to Allianz Australia for A$236 million has many worried their premiums…
Diversity is listed at the bottom of priorities for human resources professionals in large firms yet many mangers still feel threatened by diversity policies. www.shutterstock.com

Diversity fatigue: why business still struggles to close the gender gap

Many large organisations are now on their second or third wave of diversity and inclusion programs. A good number of them are still struggling to identify obvious improvements in the metrics they hoped…
Despite the loss of car manufacturing in Geelong, manufacturing is expected to grow in the broader Barwon region. David Crosling/AAP

Victoria votes: where will the growth and jobs of the future be?

Victorians will soon go to the polls to decide who will be responsible for the management of the state for the next four years. Voters are confronted with many issues on which they must pass judgement…
The insolvency industry is facing criticism of over-servicing, excessive fee charging and self-interest. www.shutterstock.com

Chasing money: why the insolvency industry needs reform

Proposed laws to reform the insolvency industry are long overdue. Under the changes, liquidators will require a licence and creditors will be able to remove poorly performing practitioners. The reforms…
What if whether you got a job was determined by which web browser you used? Shutterstock

Big data could be a big problem for workplace discrimination law

Staff recruitment and retention are an ongoing challenge for employers. Proponents of big data in the workplace are now claiming they can change that. We’re entering a new age of predictive selection that…
Senator Jacqui Lambie has voted against changes to the Future of Financial Advice reforms. Alan Porritt/AAP

FOFA fiasco: no quick fix for the advice industry

Last week brought the latest instalment in the continuing Australian financial planning industry saga. Senators Jacqui Lambie and Ricky Muir blocked the Abbott government’s rollback of some of Labor’s…
Many countries still need to clean up their act on anti-corruption and whistleblowing protections. Shutterstock

Anti-corruption bar set higher, but Australia still has more to do

Despite the adoption of a third two-year G20 Anti-Corruption Action Plan, corruption received only a few lines in the latest G20 leaders’ communique. The credibility of the G20 as a whole now rests on…
Millions of people around the world rely on money transfer operators to send funds to their families. Gregory Wake/Flickr

Bankers are about to ensure money transfers go underground

Next week, Australian bank Westpac will become the last of the big four banks to stop serving money transfer operators, amid concerns about breaching laws on money laundering and terrorist financing. There…
Australians are increasingly tuning in to traditional broadcast television stations. www.shutterstock.com

Television is not dead, it’s just changing channels

Netflix will launch in Australia and New Zealand in March next year. Expectations are this is just the start of an influx of new streaming options in Australia. The internet and television are increasingly…
Uber’s take no prisoners approach to marketing has won it some influential critics. Dan Peled/AAP

Love it or loathe it, Uber is punching above its weight

I took two separate rides with two different UberX drivers yesterday. At no time did I feel as though my life was in danger. But in danger I was, at least according to several factions debating the safety…
The ABC, known for innovating in digital media, is facing increasing budget pressure. Sarah_Ackerman/Flickr

ABC budget cuts will hit media innovation

Of the many media organisations making the transition towards digital, the ABC is one of the most advanced. So in the face of a $254 million budget, or “back offices” cut, as Communications Minister Malcolm…
Australian companies still face highly competitive and complex markets in China despite the China-Australia Free Trade Agreement. Lukas Coch/AAP

Beyond the FTA: China still tough for Aussie companies to crack

During the APEC meeting in Beijing, President Xi Jinping announced China will spend US$10 trillion on imports over the next five years and US$1.25 trillion in foreign investment over the next ten years…
Finance Minister Mathias Cormann says Medibank Private shares are expected to cost retail investors around $1.55-$2 per share. Dan Himbrechts/AAP

Medibank Private float offers retail investors an early Christmas gift

The privatisation of Medibank Private will be complete next Tuesday when the company lists on the Australian Securities Exchange. That’s exactly one month before Christmas Day and all indications suggest…
All eyes are on the renminbi. David Dennis/Flickr

The China FTA and the rise of the redback

Australia’s free trade deal with China will invariably boost bilateral trade and investment. But how trade and investment are settled also matters. Given the rise of the renminbi (RMB) in recent years…
Company demergers are occurring in record numbers in the United States this year. www.shutterstock.com

Rise of corporate divorces leads to fleeting gains

For the global mergers and acquisitions market, 2014 has been a year of strong recovery. According to Mergermarket, global M&A value in the first three quarters reached over US$2.5 trillion – a record…