The Economy
Insights and innovations in the world of work and business
The Economy
Insights and innovations in the world of work and business
A tale of two heaters: why shoppers think with their hearts instead of their heads
If you get bamboozled by the options at the department store and end up making a bad purchase, you are not alone, according to new research by Macquarie Business School.
How universities can help fill the skill gap in Australia
The government’s JobTrainer program is a step in the right direction, but it overlooks the role that universities can play in upskilling or reskilling the workforce. Macquarie Business School researchers Dr Lurion De Mello and Dr Prashan Karunaratne explain.
What is Modern Monetary Theory – and could it save the economy?
In this time of crisis, Modern Monetary Theory (MMT) challenges many of the traditional principles of economics. Hamid Yahyaei, from the Macquarie Business School Department of Applied Finance, explains.
It's official: tough economic times ahead
While the government has gone some way to address the economic hardship facing Australians, the ongoing COVID-19 crisis will only make existing problems even worse. Associate Professor Ben Spies-Butcher from the Department of Sociology explains.
Property peril: true state of the real estate market kept under wraps
Australians are not receiving the complete picture when it comes to the rapid decline of property prices amid coronavirus, a recession and rising unemployment. Stefan Trueck, Professor of Business Analytics at the Macquarie Business School, explains.
Airline industry in a tailspin: what's next for Australian aviation?
While the sector has hit turbulent times, a more sustainable, efficient and robust industry that connects the global community could emerge. Dr Troy Sarina from the Macquarie Business School explains.
Being nice: what makes us tip?
As the coronavirus restrictions start to ease, generosity and kindness will be critical for the hospitality industry, especially in a post-COVID-19 world.
Put down your phone: why daydreaming on the commute is crucial
While many workers heading back to public transport may feel anxious around the potential for COVID-19 infection, there is an upside to the time spent travelling to work, says Macquarie University management expert Professor Rebecca Mitchell.
Big brands take a stand and support #BLM
The corporate world has been quick to offer its support to the Black Lives Matter movement as tensions continue in the U.S. following the death of George Floyd, but it should go further than changing a hash tag.
Free credit, and not from a bank. What's not to love?
In the era of digital disruption and COVID-19, new online operators have received a shot in the arm and are revolutionising the way we access credit.
Please explain: what is high-frequency trading?
Professor Maroš Servátka, Director of Macquarie Business School Experimental Economics Laboratory, explains the role of high-frequency trading in the current financial market upheaval.
Don't panic but move fast to save the family firm
Reacting with entrepreneurial flair to the financial crisis forced upon firms by the COVID-19 lockdown could mean the difference between survival and extinction, according to Macquarie Business School’s Professor Francesco Chirico.