The World Economic Forum was once about spreading wealth. But in the past three years, the wealth of the world’s top five billionaires has more than doubled while 60% of humanity has grown poorer.
The World Bank used a tool known as purchasing power parity to make its calculations. An improved methodology suggests China’s pro-market reforms increased rather than shrank extreme poverty.
Websites with e-commerce features are increasingly affordable, and since the barrier to entry for starting a dropshipping business is low, it has become a popular method for making extra money.
As China winds down it demand for Australian resources, we will be forced to reply once again on economic reform, and the easy options have been taken.
Unions are arcing up about cabin crew being filmed without consent during flights. Some airlines have brought in new rules aimed at curbing the practice.
The four Cs – convenience, choice, competitive prices and COVID-19 – will decide the retail battle and how it affects the structure and function of our cities.
Older workers can struggle as much with work-life balance as their younger counterparts. But employers need to avoid treating them as a single group – their needs are surprisingly diverse.
Boxing Day has its origins in the Middle Ages and had nothing to do with post-Christmas sales. It is facing further change with the popularity of online shopping.
Australians are good at accumulating savings for retirement but they are not so good at mapping out the best way to spend their savings once they retire.
Why wait until a Senate inquiry to explain how supermarkets come up with the prices in their stores? There’s an opportunity now for the big supermarkets to be more transparent on pricing.
The economy is expected to grow and there are other positive signs ahead but the mid-year economic update has revealed the government will need to keep inflation in check.
Using technology to screen job applicants might be faster than reading CVs and face- to-face interviews but the most suitable candidate could be overlooked.
Alison Pavlovich, Te Herenga Waka — Victoria University of Wellington
Labour’s 2021 property tax changes were meant to lower the cost of housing. But without a proper capital gains tax it only hurt investors and renters, and made the tax system overall less coherent.