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A formal, transparent and public assessment of infrastructure benefits and costs is the only way to ensure the right decision are made. Dan Peled/AAP

Realising Abbott’s infrastructure dream will need state support

One of the many challenges facing the Australian economy over the next decade or two concerns investment in transport, electricity, water, communications, health and education, and other infrastructure…
Rates should stay steady for now, say CAMA economists. Dan Peled/AAP

Call likely to grow louder for interest rates to rise

The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Brisbane is set to benefit from November’s G20 summit, but more work is required to boost international travel flows. LJ Mears/Flickr

Hosting a World Cup is nice, but the G20 could prove more lucrative

When the powerful gather for the G20 summit in Brisbane this November, the core mandate is to discuss measures to support global economic growth, including trade liberalisation, investment and infrastructure…
Google’s recent developers conference has seen it go past Apple in the battle for tech supremacy. Robert Scoble/Flickr

The tech developer’s World Cup: Google 2, Apple 1

Following on from Apple’s developer conference held earlier this month, Google has now had its chance to respond to Apple’s agenda with its own vision for the coming tech landscape. The keynote speech…
The presence of Al Gore with Clive Palmer raised eyebrows, but demonstrated Palmer’s political acumen.

Palmer’s climate play and what it means for business

Clive Palmer has been an easy target for some to lampoon, but this week he has proved himself to be a shrewd political operator. Who would have guessed that Palmer would forge a partnership with a former…
The spotlight is on the David Murray’s Financial System inquiry following a report critical of the Commonwealth Bank and Australia’s corporate regulator. AAP/Joel Carrett

No Royal Commission; but banks not too big to be held to account

The Senate inquiry in the actions of the Commonwealth Bank and the Australian Securities and Investment Commission has drawn a line in the sand, holding the banks and financial advisers to account for…
The Commonwealth Bank and ASIC may face a Royal Commission. AAP/Dan Peled

Call for Commonwealth Bank, ASIC to face Royal Commission

A senate inquiry has called for the Commonwealth Bank (CBA) and Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), to be investigated by a Royal Commission. The…
The Australian government hopes to finalise the Free Trade Agreement with China by the end of the year. PARKER SONG / POOL/ AAP

Why China-Australia FTA may still be some way off

This week treasurer Joe Hockey, and trade minister Andrew Robb have been in China for the inaugural Australia-China Strategic Economic Dialogue. These talks are one part of the “Strategic Partnership…
Together with the government, the banking sector could play a role in easing the transition for mining workers. Tony McDonough/AAP

HECS for the unemployed: a finance answer to mining’s decline

A decade of strong mining revenue growth has seen workers disproportionately located in the “mining states” of Queensland and Western Australia. With mining investment now waning, workers drawn by in the…
IVF is a medical miracle for many, but for others it’s just business. Janine/Flickr

AUDIO Q&A: The business of IVF

Monash IVF will float on the Australian Securities Exchange today, the second Australian IVF firm to do so. With assisted reproductive technology now firmly on the radar of investors, we investigate the…
Could Bitcoin turn banking on its head? Elentari86/Flickr

Banking’s huge profits almost ready for the taking

Australia’s big four banks are the most profitable in the world. Last year they made A$27 billion in profit, up 9.5% on the previous year. Tech leaders in Australia say the financial industry is ripe for…
Australians should step away from a “story-telling approach” when it comes the economy. AAP/Garry Schafer

Look at the data to understand the risks for the Australian economy

What are the risks in the economic outlook for Australia? Typically, prognosticators take a scenario-based (aka “story-telling”) approach to answering this sort of question. And usually these scenarios…
An unintended consequence of competitive federalism has led states to abandon high benefit-cost ratio projects for inferior ones. AAP/Alan Porritt

Beggar bowl politics blocks Federation’s potential

Calls to lift the GST rate to placate the states financial challenges will serve to only exacerbate an already severe vertical fiscal imbalance and prolong a deeply unsatisfactory chapter in Australia’s…
Revelations of secret Trade in Services Agreement talks have brought them from the shadows. Image sourced from www.shutterstock.com

Wikileaks brings much-needed scrutiny to secret trade talks

Wikileaks has shone the light yet again on behind-the-scenes manoeuvres by a core of governments seeking to advance a free market agenda in the guise of “trade”. The leaked text on financial services is…
Further global deregulation of banking might present future opportunities. Image sourced from www.shutterstock.com

Why we needn’t fear the end of the Four Pillars policy

Revelations by whistleblower organisation Wikileaks of secret global negotiations to further deregulate global financial services, has led to speculation that such pact could signal the end of Australia’s…
Finance Minister Mathias Cormann has taken a fresh look at FOFA reform, and decided to proceed with some amendments. Alan Porritt/AAP

Financial advice reforms rollback to proceed: experts react

The Federal Government has confirmed it will push ahead with controversial moves to water down the Future of Financial Advice (FoFA) law reforms, on the grounds the current legislation reduces the affordability…
G20 countries - including Australia - could improve their whistleblower protections. Image sourced from www.shutterstock.com

G20 still has a way to go with whistleblower protections

The G20 countries’ whistleblower protection laws fail to meet best international standards, according to the first independent evaluation of both public and private sector whistleblowing laws. This is…
Corporations are looking for new and inventive ways to get their message out. Shutterstock

Native advertising a media credibility crisis in waiting

Advertising is going ‘native’, creeping in to places formerly reserved for editorial content. In the final piece in our series, we look at the lack of regulation around such “embedded” content. UK media…
Is your Yellow Pages destined for the recycling? Flickr/Francis Mariani

‘Google Schmoogle’ – how Yellow Pages got it so wrong

Yellow Pages directories have been appearing on doorsteps across Australia in recent weeks. As often as not, they go straight into the recycling bin. In the world of the internet and e-commerce, the very…
With clear international agreements families of passengers lost to air disasters could be granted some certainty. Azhar Rahim/EPA/AAP

MH370 cost sharing agreement a chance to avoid future mistakes

More than 100 days on from the disappearance of Malaysia Airlines Flight MH370, the search for the plane continues at a mounting cost for all involved, including the Australian government. Last month senior…
New research has placed the total potential value of open data to Australia at A$64 billion per annum.

Open data and the G20: the value is there to share

A new report shines a light on the value of open data to G20 economies. The report, led by Gov 2.0 champion Nicholas Gruen of Lateral Economics and commissioned by the Omidyar Network, is the first serious…
The NSW Baird government is relying on asset sales to fund infrastructure, but all state governments have a revenue problem. AAP/Dan Himbrechts

New federalism promise recedes on falling wave of state asset sales

The fiscal relationship between the Commonwealth and the states in Australia’s federal system is unsustainable in the long term. That statement has been difficult to deny ever since the 1940s, when Canberra…