The Guardian and The Washington Post have been awarded the Pulitzer Prize for Public Service for their work in bringing to light documents leaked by former NSA contractor Edward Snowden. It is fashionable…
Talk about increasing the Age Pension eligibility age to 70 has generated a lot of anxiety and indignation. What seems to be going unnoticed in all the hype is that we have just experienced a round of…
Australians are increasingly relying on superannuation for their retirement income, but despite more than 20 years of compulsory super, many people are not retiring with enough. The assets under management…
Over 40% of mortgages in Australia are sold by mortgage brokers, not by their manufacturers - an issue that has the CEO of Australia’s fifth largest bank, Suncorp, arguing the sector is skewed towards…
Australia faces a fall in living standards unless policy action is taken. This is due to de-industrialisation and loss of economic complexity. The higher the economic complexity, the stronger the economy’s…
Self-Managed Superannuation Funds (SMSFs) are the fastest growing sector of the superannuation industry, spiking by 33% between 2008 and 2012, putting them in the sights of both the super industry and…
The main reason superannuation costs are too high in Australia is both simple and horrendously complex: it’s the only service we buy where we give the service provider our money to look after. It’s true…
A plan by US regulators to impose greater capital requirements on the nation’s eight biggest banks has prompted complaints it will put the banks at a global disadvantage. The proposal is that the banks…
The bid for David Jones from South African retailer Woolworths brings to light one curious dimension of international business - the proliferation of firms with very similar brand names but distinct identities…
Economists, unlike politicians, are often sceptical about the extent of any net benefits of free trade agreements. Economists are often concerned that such agreements may result in trade diversion rather…
Retention and attrition rates have been a major concern to universities for many years, so much so that there are publications dedicated solely to the issue. Although universities and colleges are basically…
Virtual currency Bitcoin is not a subject that ever draws neutral reactions. Against those who see the radical possibilities of a frictionless payment system designed for the internet, there is a growing…
In the wake of the ALP’s poor result in the recent Western Australia Senate election, The Conversation is publishing a series of articles looking at the party’s brand, organisation and future prospects…
Ronald Bird, University of Technology Sydney and Jack Gray, University of Technology Sydney
Governments seem to be enamoured with financial markets, judging by the support they give them around the world to encourage their growth. The assumption seems to be that there’s always a positive relationship…
Ten Network has delivered a significantly narrowed first-half loss, with revenue up 4.4% to A$315 million, and a net loss after tax of $8 million. This compares with a loss of of $243 million in the corresponding…
Yesterday morning came the news South African retailer Woolworths had offered $4 a share to acquire David Jones, a proposal that has the approval of the department store’s board. This offer, worth an estimated…
One of the major recommendations made by the 1997 Wallis Inquiry into banking was to establish a prudential regulator for the financial sector separate from the Reserve Bank of Australia. The new regulator…
As Prime Minister Tony Abbott shifts his Asian tour focus to China, it seems likely the threshold for formal approval on Chinese investment in Australia will be raised to A$1 billion. But any move to open…
As prime minister Tony Abbott completes a whistle-stop tour of Asia, Australia’s “place in Asia” is an ongoing discussion. Abbott hailed the “shared values” that enabled Australia’s free trade deal with…
What is the interest rate on your savings account? If you don’t know, you can easily find out. Banks advertise their rates prominently. They want you to know what they’re offering. After all, the interest…
The government is moving to introduce a new Franchising Code of Conduct as part of wide ranging reforms to how franchising arrangements are regulated, claiming it will be fairer for small operators and…
Credit makes us and credit breaks us – ancient Roman debtors cut into pieces by their angry creditors under the law of the Twelve Tables knew it, as does ASIC, tasked with regulating the many mortgage…
Tim Hazledine, University of Auckland, Waipapa Taumata Rau
When long-time Kiwi expat John Clarke was asked why he left New Zealand, he said: “Because it was there.” Clarke at least knew what being “there” meant, in contrast to most of his new compatriots, whose…
The legal drama that has followed the online publication of the “Innocence of Muslims” film may be worthy of being used as the plot for a movie in its own right. And, given a recent judgement by Chief…
In the popular novel of F. Scott Fitzgerald, James “Jimmy” Gatz (The Great Gatsby) climbs from his poor, rural North Dakotan origins to New York’s high society. His parties are as glamorous as they get…