Share markets in the US and around the world are expected to fall again this week following sharp declines on Wall Street last week. The Dow Jones industrial average closed on Friday down 2.3% for the…
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The World Bank ranks Australia among the top five countries in the world in terms of its regulatory environment. Australia also ranks in the top ten countries in terms of control of corruption. International…
A poll of international investors last month found that 85% expect Greece to default on its debt this year. As market expectations go, that is very high. Moody’s has since downgraded Greece’s already abysmal…
ANZ Australia chief executive Phil Chronican appears to have taken surprising aim at one of Australia’s touchiest political issues: negative gearing. “Governments might want to look at whether the current…
To achieve actual reductions in Australia’s emissions, the carbon price will need to rise from its likely starting point in the $20s. A price floor in the trading phase could help bring about efficient…
The news that NBN Co has found a way to move forward from the crucial cost-of-construction issue must have surely lifted the Gillard Government’s spirits. NBN Co, the government-owned corporation in charge…
A combination of science and economics provide compelling reasons for policy initiatives and decisions by businesses and households to reduce emissions of greenhouse gases. The arguments are strongest…
Cate Blanchett possibly got more than she bargained for this week when she was caught up in a backlash over her appearance in a campaign calling for Australians to support a carbon price. Blanchett, a…
Andrew Forrest, one of Australia’s wealthiest mining magnates, has announced his resignation as chief executive of Fortescue Metals Group. In a statement released to the ASX, Fortescue Metals Group Chairman…
The most important single number in the latest Garnaut Review is 26, the proposed starting value for the carbon tax, expressed in dollars per tonne of carbon dioxide emitted. By coincidence, this is exactly…
The Federal Government’s move to ban live cattle exports to a handful of Indonesian abattoirs will not, in the long term, end the inhumane slaughtering practices revealed in Monday’s Four Corners report…
Ross Garnaut was unequivocal yesterday in responding to industry claims that Australia’s emission reductions would be irrelevant in an international context. “I do not accept that Australia is a pissant…
Even as Australians are being warned to expect a dramatic fall in gross domestic product thanks to a larger than expected drop in the trade surplus, we still have a lot to be thankful for. Fundamentally…
Economist Professor Ross Garnaut has released his final report to the government on climate change and the economy. The report says global warming is expected to continue and estimates that a $26 per tonne…
Last night, the ABC’s Four Corners brought the horror of the Indonesian slaughterhouse into Australian living rooms. The government’s response to images of cattle being hacked to death, having their tails…
So here is the problem: research quality is a nebulous concept and it takes many years to work out whether someone’s output has actually high quality or not. This is especially hard for non-insiders. The…
West Australian Premier Colin Barnett’s bold claim on Friday that his state was looking “over the horizon” past Canberra to forge stronger links with China capped off a few weeks of strong rhetoric from…
The belated disclosure by Sony last month that hackers had accessed millions of customers’ identity and credit card data worldwide has put the security of personal data once again into the spotlight. Warnings…
Speculation last week that Paul Keating and Peter Costello could nominate for the top job at the International Monetary Fund (IMF) was a mere distraction, but the hoopla did manage to highlight a crucial…
Now that Gina Rinehart has more than doubled her fortune in one year to top the 2011 BRW Rich 200 list, she will no doubt see her contribution to last year’s $22 million campaign to stop Labor’s resources…
Each year for the last three years, I’ve taken a group of architecture students to Alice Springs for a 10-day urban design workshop. I first found myself in this city during Desert Mob – the annual sale…
The Grattan Institute’s John Daley and Annette Lancy in The Conversation on Wednesday suggested that regional universities are failing to have economic impacts, and that investment in regional universities…
The UK government has released a Green Deal that, at face value, seems impossible to replicate in Australia. But how radical and ambitious is this policy? The first thing to note is that the Green Deal…
Air travel is considered to be one of the most energy-intensive industries in the world, and fastest-growing emissions contributors. But Australia could have a flourishing bio-derived aviation fuels industry…
Federal Attorney-General Robert McClelland has said that Australia needs to rethink its natural disaster policies if it wants to reduce disaster costs in the future and avoid becoming the insurer of last…