The Economy
Insights and innovations in the world of work and business
The Economy
Insights and innovations in the world of work and business
Budget preview: Welfare a likely winner but inflation remains a threat
Will it be good for you? Professor of Economics at the Macquarie Business School David Orsmond previews the likely winners and losers in Treasurer Jim Chalmers' second Federal Budget being handed down on Tuesday May 9.
East Asia leads the world in electric cars and smart power grids: new book
A new book argues that China and South Korea have emerged as global leaders in green energy through state ambition, geostrategic competition and capitalist market dynamics.
Raise the Australian pension age to 70 by 2050: expert modelling
With protests against raising the pension age raging in France, statistical modelling from the Macquarie Business School suggests Australia’s optimal pension age should be increased to 68 by 2030, 69 by 2036 and 70 by 2050.
How green hydrogen could replace the entire fossil fuel industry
Could green hydrogen become tomorrow’s primary energy source? A new book by Emeritus Professor John Mathews offers a practical guide on how – with enough money behind it – green hydrogen could completely replace today’s fossil fuel industry.
Banking, healthcare and education set to be transformed by AI
Virtual assistants who give personalised answers to customer queries are among the huge opportunities to transform current business practices across many industries using ChatGPT, according to scholars from the Centre for Applied Artificial Intelligence at Macquarie University.
Expert insights into the economic year ahead
With cost-of-living pressure soaring for many Australian households, four Macquarie Business School experts predict how economic conditions might unfold in 2023 with energy prices, 'revenge' spending and inflation under the microscope.
Greenwashing in the firing line as Australian super funds pursue authentic sustainability
Australia is described as a utopia for impact investing, as super funds force the companies they invest in to adopt environmental, social, and governance (ESG) principles, Macquarie applied finance researchers found.
Most authors can't make a living from books alone: survey
Over 70 per cent of Australian authors surveyed either rely on their partner’s income or earn a living doing another job, a national survey has found.
Why hasn't organic wine taken off in Australia?
Organic wine is healthier for the planet and those who drink it than the conventional variety. So, why the lack of interest from Australians?
High noon on high petrol prices as excise relief ends
While higher petrol prices are looming on the horizon, the Federal Government should use this as an opportunity to review the entire fuel tax system, says Dr Lurion De Mello from the Macquarie Business School.
How high can inflation go?
While the current spike in inflation is being driven by factors beyond the control of the Reserve Bank, there is a lesson it should heed from Australia’s past, explains Dr Ben Wang from the Macquarie Business School.
Tackling modern slavery in the Australian workplace
With modern slavery branded the fastest growing form of organised crime on the planet, Macquarie Business School academics have been examining how firms can rid this scourge from their supply chains.