Menu lock
Business
Electricity the sticking point as policymakers strain to see wage rises

Electricity the sticking point as policymakers strain to see wage rises

Bernard Keane October 20, 2017 1 Comment

Electricity prices are likely to drive inflation up, making the challenge of stagnant wages more acute for policymakers, Bernard Keane and Glenn Dyer write.

Michaelia Cash’s jobs figures don’t add up

Michaelia Cash’s jobs figures don’t add up

Alan Austin October 20, 2017

The Employment Minister tends to boast impressive figures in her monthly report on jobs growth, but just a little digging turns up a lot of fool's gold.

Australians’ love for local car manufacturing is misplaced

Australians’ love for local car manufacturing is misplaced

Bernard Keane October 20, 2017 12 Comments

The car industry cost Australians billions of dollars based on a misguided sense that car manufacturing was more important than other industries. But in retrospect, it looks cheap.

Where is the government condemnation of Rio Tinto?

Where is the government condemnation of Rio Tinto?

Bernard Keane October 19, 2017 10 Comments

The Brits had a go at Rio Tinto and have already settled. The Americans are now having their go. But in Australia, our corporate regulator is studiously silent.

The company that called the mining tax a ‘sovereign risk’ has been charged with fraud

The company that called the mining tax a ‘sovereign risk’ has been charged with fraud

Bernard Keane October 18, 2017 9 Comments

While they were lecturing Kevin Rudd and Julia Gillard about tax, Rio Tinto was engaged in massive destruction of shareholder wealth. Now the US corporate regulator is gunning for them.

How to extricate yourself from an energy policy jam

How to extricate yourself from an energy policy jam

Bernard Keane October 18, 2017 48 Comments

There are a few tricks to Malcolm Turnbull's new energy policy. Here's how he did it.

Australia’s net worth in the doldrums despite global boom

Australia’s net worth in the doldrums despite global boom

Alan Austin October 17, 2017 8 Comments

Australia’s net worth tumbled in the two years Tony Abbott and Joe Hockey were PM and treasurer -- by a staggering $114.6 billion. It has collapsed by a further $76.2 billion since Turnbull took over.

Australian neoliberalism meets its conqueror: electricity

Australian neoliberalism meets its conqueror: electricity

Bernard Keane October 16, 2017 28 Comments

The problems of our failed electricity market are the same problems that crop up time and again when market economics is applied to crucial services.

Fox tries to placate critics after sexual harassment scandals

Fox tries to placate critics after sexual harassment scandals

Glenn Dyer October 16, 2017 1 Comment

It's unclear as to whether this strategy will convince anyone anywhere.

Trump-backing US Congressman in hot water over Aussie company

Trump-backing US Congressman in hot water over Aussie company

Glenn Dyer October 13, 2017

A Republican Congressman and early Trump supporter is under investigation amid suspicions he gave a leg-up to an Australian biotech company