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An accident in a nuclear station is much more worrying than an accident at a wind turbine. Flickr/Jaako

No need for nuclear, even in the face of climate change

Before the Fukushima reactor was swamped by a tsunami, there had been a wave of enthusiasm for nuclear power. The problems in Japan have probably ended the risk of Australia going down the nuclear path…
Natalie Tran’s Community Channel video diary now attracts advertising. YouTube

Hey download generation, your future is up on YouTube

Do-it-yourself bloggers, video diarists (vloggers), artists with their pixel-palettes of innumerable hues, sounds and images – the explosion of online content creation is one of the contemporary wonders…
Commerce and the humanities should be partners, not opponents. Flickr

Calling the humanities home

If we talk of ‘two cultures’ today, it’s not the divide between arts and sciences that we should have in mind. The crucial issue is the gulf between commerce and higher education - especially between business…
Australia has little to fear from China’s latest five-year plan. AAP

Don’t be scared, China’s plan is good for Australia

There are two main fears about the possible implications for Australia in China’s latest five-year economic plan, but in reality, we have little to worry about. In fact, Australia has much to gain from…
Ratings agencies face tougher rules, but how much regulation is too much? herval/flickr

Reining in credit rating agencies

The behaviour of credit rating agencies is back in the spotlight, as Portugal struggles with its large debt burden. Credit rating agency Fitch has copped some criticism for cutting Portugal’s credit rating…
A ‘neutral’ tax on mining isn’t feasible. AAP

Taxing issues surround the economics of mining

In the ongoing debate around the resources tax, there has been little focus on the fundamental difficulties and complexities presented by a tax on profits in the resource-extraction industry. There are…
Reusing construction waste can save companies a lot of money. Flickr/Peter Van den Bossche

Cleaning up the construction industry

Australia is one of the ten worst offenders in the OECD when it comes to generating solid waste. The construction industry is a leading contributor, throwing out a third of our gross national pile of (potentially…
Brisbane’s Clem7 tunnel - a PPP too far? AAP

Putting PPPs in their place

Recent reports that the Queensland government may build its $2B Sunshine Coast hospital by using a public-private partnership appear to indicate a continuing love affair with this form of funding. State…
Julia Gillard, with Defence Minister Stephen Smith and Tertiary Education Minister Chris Evans, announcing the GST review in Perth on Wednesday. AAP

The winners, whiners and miners in Gillard’s GST review

Why has the Federal Government launched a review into the distribution of GST revenue among the states? There are two reasons. One, there is a need for genuine reform in that the effective amount of GST…
When it comes to climate change policy, the numbers matter. Philippe Put/Flickr

Economics enlightens the climate change debate

Economic arguments have come to dominate the Australian political debate about climate change. When it comes to climate policy, both the government and the opposition talk far more about taxes, trading…
Is Australia waiting for other countries to do all the hard work on renewables? Torresol Energy

A carbon price won’t bring zero emissions

If Australia is truly serious about avoiding climate catastrophe we are going to need to move towards a zero-emissions economy. A price on carbon emissions is an important component of climate protection…
Liberal MP Bill Heffernan with Coles boss, Ian McLeod at the Senate inquiry into grocery prices on Tuesday. AAP

Milk wars: pointing the finger at Coles and Woolworths

Coles and Woolworths are fighting a price war on milk, beer and now chicken. Why? With the emergence of Aldi and more recently Costco, we’re seeing the two big supermarkets worried about losing some of…
Plenty to talk about: reform to the tax system is desperately needed.

Five reforms to debate at tax summit

With Federal Treasurer Wayne Swan indicating carbon, mining and the GST are off the agenda for October’s tax summit, it’s been suggested there’s little left to talk about. Of course that’s not the case…
Last week’s Google Books ruling was a win for copyright protection. AAP

Google Books decision shows we need to turn a new page

The decision by a US Federal Court judge last week to reject a $US125 million settlement between Google Books and the publishing industry allows authors to protect their copyright and prevents Google from…
Sleeper: we’ll retire later even with a boost to fertility rates. AAP

Why boosting immigration or fertility won’t fix our ageing population

Many public debates come down to facts – issues like “Whose costing of the Opposition’s spending plans was correct?” or “How many people died in Iraq?” Too often the media report a strident opinion from…
offshoregas. AAP

The resources tax: back to the future?

Even as debate rages on how the Federal Government will legislate the Minerals Resource Rent Tax, it seems that as so often happens in politics, what is old is new again. Almost 23 years ago, off-shore…
The arrival of Chi-X as a competitor for the ASX will also usher in a new vocabulary. AAP

Transparency, dark pools and the Australian market

In the last five years, European and US equity markets have been undergoing a rapid evolution as regulatory reforms and technological developments usher in new trading venues that challenge formerly monopolistic…
Many finance theories have been debunked, so why do we still teach them? LifeSupercharger/Flickr

Why finance education must change

The global financial crisis reopened furious debate about many issues the finance industry once considered settled. But one area that mostly escaped scrutiny is the way universities educate finance students…
Polluting our atmosphere shouldn’t be free, for ethical reasons as well as economics. AAP

Ethics beats self-interest in carbon tax debate

The failure to adequately price carbon emissions allows the world’s affluent to impose serious climate-related costs upon its poor. But is this primarily an economic or an ethical issue? Despite fierce…
Attempts to privatise NSW’s power have caused major public concern. AAP

State of NSW: Weighing the cost of the privatisation of power

Successive governments in NSW, of both political persuasions, have tried to privatise electricity despite strong and consistent citizen opposition. Citizen opposition is based on the desire to maintain…
Not too young to care about super. Sean Dreilinger/Flickr

If you think super is a yawn now, try being old and poor

TV breakfast shows often air the live reactions of people who have answered the phone to win ten thousand dollars or the like. Screams of delight or speechless surprise are usually followed by plans for…