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Scandals, elections, budgets, 2016 had it all. Here’s what made news in business and economics.
Despite the increased focus on corporate social responsibility, businesses don’t seem to be cleaning up their act.
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Publicly listed Australian companies are still falling short of proper corporate social responsibility, judging by most recent reports.
Increased requirements from APRA could have been a good thing for Australia’s big four banks.
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Australia’s big four banks are managing risk well, this could be contributing to their strong performance.
There are short term signs that the most recent downturn in commodities may not last so long.
BHP Billiton
The mining industry is more resilient because of the recent downturn and it will be global supply and demand that will affect these companies in the future.
Australian companies need to except the disruption from digital platforms is here to stay.
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Business Briefing: disrupted companies will need to think global to survive
The Conversation 13.4 MB (download)
Australian businesses need to focus more on the global market and less on giving generous dividends to shareholders.
Companies like Tesla, with batteries and electric cars, are disrupting traditional energy companies in Australia.
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Energy companies shouldn’t rely on government regulation to protect them from the growing disruption from renewables and increased consumer control.
Both News Corp and Fairfax get a decent profit from their digital real estate services.
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Media companies say their results are an indicator of a transformation taking place from traditional business to newer profitable digital platforms, but it seems the proof is still missing.
The success of companies like T-shirt brand Threadless shows innovation matters in retail.
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It’s a tough time to be a retailer in Australia, but there are some retailers that have found the formula for success.