The Economy

Insights and innovations in the world of work and business

The Economy

Insights and innovations in the world of work and business

Why would anyone go into the family business?
Australians have long been fascinated by the Shakespearean succession dramas among families such as the Murdochs and Packers. But as we move into the peak Baby Boomer retirement years a crisis may be looming - who will take over the family businesses
How blockchain could change the way you buy your next house
Slashing the cost of real estate conveyancing is just one of the ways blockchain technology will transform commerce and affect our daily lives. Professor Tom Smith, Head of Macquarie’s Department of Applied Finance, explains.
Keep it local to help break third world poverty cycle
New research from Macquarie Business School will provide a road map for governments and manufacturers in developing countries to help end entrenched economic disadvantage.
Cashless society a foil for rogue banks
The potential for money laundering by rogue banks will diminish as Australia transitions to a cashless society, says Macquarie Business School's Professor Tom Smith.
A disorderly divorce: why a reversal of Brexit could be the best outcome
While chaos and confusion reign in the UK Parliament, Brexit − Britain’s proposed split from the European Union − has already taken its toll on the UK economy.
Who are Australians in 2019?
Five Macquarie University academics give a snapshot of what it means to be an Australian right now.
Positive online hotel reviews have more clout than the complainers
We pay far more attention to positive online hotel reviews - and ignore negative ones, new research has found.
Never mind fake news, what about fake CVs?
A digital backpack is under development to help tackle the widespread problem of job-seekers lying on their resumes.
The epidemic of workplace unhappiness: new book
As the banking royal commission enters its final week of public hearings, a new book sheds light on how corrupt practices may have infected the entire workforce.
Why co-ops could be the solution to corporate corruption
Co-ops were a popular business model in previous centuries and they are slowly making a comeback as their community focus appeals to a disgruntled public.
Jobs for rural Australia in synthetic biology revolution
Scientific innovation in Macquarie labs can help drive an emerging – and lucrative – biomanufacturing industry.
Mediocre bank managers, it's time to go
The banking industry has had an easy run, now it needs to be forced to adopt business excellence practices, say MGSM experts Vik Kortian and Norma Harrison.