Australian Government Support of Innovation Needs a Broader View
The emphasis the Turnbull government is placing on innovation is very welcome. It is innovation, the successful application of new ideas, which will underpin our future competitiveness and productivity. However, in recasting the narrative of his “21st Century government” Turnbull...
Corporations as Agents for Positive Change
The shift in the perceived role of corporations as solely profit generators to agents for positive change has become clearer than ever before with the new UN Sustainable Development Goals (SDGs). The SDGs focus on the greatest challenges faced by...
Not Everyone is Bailing on the Arctic
After billions of dollars invested over several years, Royal Dutch Shell said September 28 it would end oil exploration offshore Alaska after “disappointing” results. However, industry efforts to drill for oil and natural gas in the Arctic are unlikely to...
Everything’s a Pound!
Budget shops are big business. The recently approved £55m merger of low cost retailers Poundland and 99p Stores is just the latest manoeuvre in their battle to conquer our high streets. The rise and rise of the pound store certainly...
VW Practices Global Brand Destruction
Volkswagen has set aside €6.5 billion to cover the costs of the growing scandal over cheating on emissions tests in the US. Putting a number on the cost further down line will be far harder, however, as it is a...
The Economics, and Risks, of Transnational Marriages
Reports of abuse suffered by Southeast Asian wives of men in East Asian countries regularly capture media attention. Reports of abuse suffered by Southeast Asian wives of men in East Asian countries regularly capture media attention. Cross-border marriages have been...
Oil Price Volatility as the New Normal?
On September 10 the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD. That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. Additionally, it was a week-over-week number, which makes it...
Carbon Trading Initiative Consequences
In recent years, there has been significant movement toward land acquisition in developing countries to establish forestry plantations for offsetting carbon pollution elsewhere in the world. Land grabbing is the common reference to this practice. These carbon-trading initiatives work on...
Oil Market Fundamentals Will Need Some Magic
The party is over for tight oil. Despite brash statements by U.S. producers and misleading analysis by Raymond James, low oil prices are killing tight oil companies. Reports this week from IEA and EIA paint a bleak picture for oil...
Here Come the Seniorpreneurs
Senior entrepreneurs are Australia’s fastest-growing segment of entrepreneurs, despite facing significant barriers including ageism and a lack of financial support, according to new research from the Swinburne University of Technology and Queensland University of Technology. The research, funded by National...
People are Lovin’ Fast Food Less
McDonald’s, the epitome of fast food, has been suffering a decline in global sales for the past few years. Globally, McDonald’s revenues in the first half of 2015 fell by 10% to US$12.5 billion and net income dropped by 22%...
Oil Takes the Path of Least Resistance
As traders, investors and pundits, we all like to think that what we do is akin to a science. We believe that by working harder and being smarter we can give ourselves an edge, that enough research will reveal to...
The Peril and Promise of a Sharing Economy
The rapidly growing influence of Silicon Valley owners over sharing economy platforms is a troubling development. The growing strength and pervasiveness of these platforms means their owners have significant power to impose their visions of what it means to be...
Do Oil Sands Have to be Dirty?
After decades of exhaustive attempts to overcome the dirty reputation of oil sands, we finally have an environmentally-friendly and low cost method to tap into these vast resources in the state of Utah—good news both for Mother Nature and all...
Perhaps Japan’s Abe Should Fire Off Another Arrow?
On 11 August, the Japanese government went along with its plan to revive nuclear energy after the Fukushima disaster by restarting one of the Sendai nuclear power plants. Prime Minister Shinzo Abe insists that Japan cannot thrive without nuclear energy...