A global infrastructure shortfall looms - but governments need to carefully assess the merits of private capital. Flickr/Trey Ratcliff

Why Sydney’s global infrastructure hub should be wary of PPPs

While in Davos representing Australia at the World Economic Forum, Assistant Treasurer Josh Frydenberg has enthusiastically extolled the virtues of the Global Infrastructure Hub as a way of funding an…
Future Fund Chairman and former Australian treasurer Peter Costello is likely to face more questions on why the fund has been involved in secret tax deals in Europe. Dan Himbrechts/AAP

Luxembourg leaks: G20 alone can’t stamp out tax avoidance

The hollowing out of tax collected for public purposes by rich and poor nations is not confined to technology and mining companies, according to a major leak of secret tax agreements covering more than…
Too big to fail, or too big to jail? Mike Chaput/Flickr

A message for G20 leaders considering banks too big to fail

The global financial crisis had many causes. But it was generally acknowledged at the time and since, that failures of ethics, integrity and trust were an important part of the problem. US Republican Senator…
The 1981 coup leaders claimed to be defending the Spanish monarchy, but King Juan Carlos ensured they did not succeed. Manuel Perez Barriopedro/Wordpress

Of kings and coups: Thailand could learn from Juan Carlos

I clearly remember the BBC news on February 23, 1981. The second item concerned an attempted coup in Spain in which armed soldiers marched into the Cortes (parliament) and took its members hostage. Their…
The late Sir Zelman Cowen negotiated The Age’s Charter of Independence. Flickr

The Fairfax Charter: balancing media, markets and democracy

After the purchase of the London Telegraph and Evening Standard, someone asked Lord Beaverbrook why he bought it, given the apparently limited financial returns that could be expected. His answer was simple…

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