Following last week’s public hearing, the Senate Economics Legislation Committee is preparing to report on its inquiry into a government bill that would significantly water down the Future of Financial…
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The internet is an endless source of information. But who is liable if the information is wrong or, at least, misleading? Existing laws on publishing, information and privacy were not designed for the…
The latest report on Australia’s productivity performance wasn’t good news. The annual update by the Productivity Commission confirmed Australia continues to lag most other developed economies, and has…
The axe swung at Network Ten and removed the head of its breakfast program Wake Up - just over six months since it launched. And why? Nobody was watching. The 6am to 9am timeslot has been a hotly contested…
When Business Council of Australia chief Jennifer Westacott weighed in on plans for an Australian tax crackdown on multinationals last week, she warned the move could risk competitiveness and lead to companies…
Penfolds Grange is in the news again, a month after a 1959 bottle of Australia’s most iconic wine figured in the resignation of New South Wales premier Barry O’Farrell. This time it is attracting attention…
Who’d want to be a board member of the ABC or SBS? The federal budget wiped 1% from the broadcasters annual funding and confirmed the Australia Network will cease its service. It is vital the three soon-to-be-appointed…
The members of China’s military charged over cyber espionage by the US will never see American justice, but the case does break new ground in a fractious US-China relationship increasingly characterised…
We are still awaiting the details of the Federal Government’s Entrepreneurs’ Infrastructure Program, and how this may impact the Australian entrepreneurial ecosystem. While this program is estimated to…
In a surprising move, a US District Court has charged five members of the Chinese military with hacking six US companies to obtain commercial secrets over the last eight years. The move has been denounced…
This past Tuesday was another bad day for Australian federalism: the Abbott government’s first budget announced the axing of the COAG Reform Council and the withdrawal of a promised A$80 billion from health…
As public hearings into the Future of Financial Advice’s Senate inquiry begin on Thursday, it’s probably not overstating the case to say the financial planning industry is at a crossroads. With the F0FA…
Everybody would agree that growth, defined as a steady increase in gross domestic product, is a necessary condition for economic development. There is simply no country that has reduced poverty and improved…
The states have some justification in being annoyed about being stripped of $80 billion worth of federal funding for health and education funding. These programs were negotiated on the basis of shared…
The federal budget proposal to uncap university fees could be taken as a blank chequebook for both universities and self-accrediting colleges offering higher education services. On the ABC’s 7.30 program…
Tony Abbott’s 2013 election platform promised to “restore accountability and improve transparency measures to be more accountable to you”. In spite of this promise the first Abbott government budget will…
The norm of permanent full-time terms of employment is under serious challenge. In Australia today more than one-third of employed people work on more variable terms – in particular as casuals (19%), independent…
Opposition leader Bill Shorten has vowed to oppose funding cuts to hospitals, schools and higher education in his budget in reply speech, threatening more than A$10 billion in budget savings proposed by…
The 2014 Budget has been variously celebrated and reviled as a “budget for corporate Australia”. But this assessment is based on the premise that corporate tax cuts and infrastructure spending will provide…
This week’s budget was clearly highly political. The question is what its economic impact will be. My overall assessment is that the Abbott government has burnt too much political capital for too little…
Joe Hockey’s first budget does not contain much tax reform, in spite of headlines on the “temporary budget repair levy”. It does contain some very big cuts to spending in the short and longer term - consistent…
Over the last few years our economic debate has focused on the budget deficit and government debt, displacing other aspects of economic policy. To Labor’s cost Wayne Swan made the deficit the centrepiece…
Our budget coverage continues with interviews firstly with Finance minister Mathias Cormann and then Shadow Finance Minister Tony Burke. Listen to both interviews in this podcast.
You can’t fault a treasurer for trying to put the best possible spin on budget numbers — and that’s certainly what Joe Hockey did last night. The most important numbers, of course, are the deficit projections…
Have you ever ‘googled’ your name? Many people do, and some find search results about themselves they rather not find publicly available on the internet. The question is; what do you do when that happens…