The difference between a correction and a bear market is more ambiguous than it used to be.
- ARC Future Fellow 2012-2016, School of Business, University of Sydney
In recent weeks, Joe Hockey has been floating the idea that in an “age of personal responsibility”, and in the context of a budget “crisis”, people will have to work longer before they receive the age…
Labor has made a $5 billion pitch to true-believers with a $1.5 billion surplus, cash hand-outs and tax breaks for low- and middle-income earners in the federal budget. And the opinion-makers are on the…
Federal Treasurer Wayne Swan will be busy tonight handing down the Federal Budget with all the policy settings we’ll need to ensure Australia’s future prosperity (and not simply as a re-election platform…
Plans announced by Qantas to cut 500 jobs have been greeted with dismay by unions, who have warned they will hold chief executive Alan Joyce to his promise that maintenance jobs will not go overseas. Qantas…
UniSuper’s admission that a superannuation scheme formerly guaranteed by employers, the universities, is underfunded has sparked angry calls for full financial disclosure to be mandatory, and raised questions…
The Federal Government is still aiming to deliver a slimmed down surplus next financial year, but has downgraded economic growth forecasts amid a slowing world economy and news that Europe may already…
As the initial shock of the Qantas lockout of its workforce abates, it is time to consider the wider implications of this action. One lesson is the folly of national identification of companies that are…
Think the share market volatility doesn’t affect you? Guess again. With almost 60% of Australian superannuation funds invested in shares, anyone paying compulsory super contributions has something to lose…
With political debate dominated by carbon and mining taxes, the recent stirrings by Peter Reith about industrial relations may have come as a bit of a surprise – out of left field, if you will excuse the…
Apart from the reassuring signals to financial markets about the deficit reduction, the longer term significance of this year’s budget is about restructuring the relationship between welfare and work…
Federal Budget night has become widely held as the most crucial event in Australia’s political calendar. After all, any statement of how more than $300 billion is going to be raised and a similar amount…
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