Any significant decline in home ownership or equity in a home impacts higher care needs: older people will not have an asset to sell to fund the bonds required to enter aged care accommodation.
- retired, The University of Western Australia
Western Australia posted enviable growth numbers for a long time. But the trend is now going the wrong way, and unless something is done soon there will be difficult times ahead.
Australian Prime Minister Tony Abbott has said his government’s 2030 climate target will be good for the environment and jobs – and good for protecting the nation’s coal industry.
Despite the divestment movement gaining ground, the share prices of our major coal miners suggest there’s still strong investor support.
High cost iron ore producers should either reduce their costs or leave the market if they cannot compete.
Financial markets are certainly experiencing considerable turbulence at present, with a six year low in oil prices weighing on international exchanges and the value of Australia’s energy industry falling…
While this year’s relative stability in crude oil prices appears to have lulled us into a false sense of security, the dramatic fall over the last few weeks reminds us just how volatile these prices can…
The Qantas Sale Act amendments are set to pass the Senate this week, following a deal the government made with Labor which has consistently opposed majority foreign ownership of the “Australian” airline…
Social media darling Twitter ended last week with US$2.3 billion wiped off its market valuation, following a 7.24% fall in its share price on the second day it traded. Despite the slip, the share price…
There are a range of markets available to buyers and sellers that allow them to exchange goods and services. But whereas some markets are highly regulated, others are not regulated at all. The sale of…
It has been a turbulent time for the gold market. The past two days of trading have been particularly volatile, with gold prices recording the sharpest two-day drop in 30 years . The severity of the fall…
Safe haven investments are investments that provide a low level of risk during periods of extreme economic uncertainty. The problem is that a safe haven investment is a safe haven investment until it is…
As foreign central banks continue to park their money in our triple-A rated bonds, the Australian dollar continues its inevitable ascent. The dollar traded as high as US106.03¢ after the RBA left the interest…
The Australian dollar has touched below parity with the US dollar for the first time since December last year. This will no doubt disappoint the long line of Australian citizens touring the world, firms…
Welcome to “The most powerful companies you’ve never heard of” – an ongoing series from The Conversation that sheds light on big companies with low profiles. Today, The University of Western Australia’s…
Commodity prices have see-sawed in the last few weeks amid ongoing turmoil in Europe and concerns over China. Should we view recent falls in commodity prices with concern? Do these movements suggest more…
The price of gold reached a record high of $US1607.01 an ounce on Tuesday as investors turn to the precious metal amid uncertain global economic conditions. University of Western Australian Professor of…
The recent announcement that a carbon tax would not be levied on petrol for cars or light vehicles used by motorists, tradespeople and small businesses is an interesting political statement. But this statement…
Share markets in the US and around the world are expected to fall again this week following sharp declines on Wall Street last week. The Dow Jones industrial average closed on Friday down 2.3% for the…
There has been a dramatic fall in the price of oil and some commodities over the last few days, with oil plunging by as much as 10% per cent in US trade overnight. The price has recovered somewhat this…
Both Ross Garnaut and Ken Henry have spoken out against the Fringe Benefits Tax concession for company cars, pointing to it as an incentive for us to drive more. Indeed some would say that it is just one…
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…
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