Press Releases

when watchdogs become pets – or the problem of 'regulatory capture'
Australia's two financial watchdogs have been criticised for their cuddly relationship with banks.ShutterstockMarkets require regulators. As Adam Smith, the champion of the invisible hand, notes in The Wealth of…
Should You Buy Your Boss a Christmas Present?
In 2016 it was predicted that UK households would spend an average of £473.83 on Christmas presents. In total, Christmas spending across the country was expected to reach a record…
Potentially unaffordable, and it still won't fix bracket creep. The Coalition's $300 billion tax plan assessed
The budget tax cuts aren't tax reform, and probably can't be paid for over the longer term.Mick Tsikas/AAP/ShutterstockThe big surprise in last week’s budget was the size of new income…
even the world's oldest profession is being uberised
Sugar baby websites exemplify a wider trend of casualisation in working relationships.ShutterstockThe sleazy “sugar baby” scandal involving Australian politician Andrew Broad, exposed for his reported cringy attempts to hook up…
Why family violence leave should be paid
Five days unpaid family violence leave is a significant improvement over no guaranteed leave at all. But research shows that finances and domestic violence are inextricably linked.Access to a steady…
Our economic model looks broken, but trying to fix it could be a disaster
Our standard economic model says when labour is scarce, the cost of labour should increase. But something is broken. This is not happening. www.shutterstock.comExactly two weeks before the Reserve Bank…
How will the coronavirus recession compare with the worst in Australia's history?
State Library VictoriaIn a normal year we would be weeks away from the May budget and the official forecasts for the financial year ahead.This year there will be no official…
Defence mechanisms. Why NAB chairman Ken Henry lost his job
Ken Henry on ABC 7.30 Thursday night. "We have not been able to satisfy customer expectations, nor community expectations. As I said, for that, we are deeply sorry."ABCDefensive, some say…

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