The Liberal Budget The 2020 budget presents an opportunity to take advantage of the cumulative effect of both the health and economic crisis. And the scale is staggering – a budget deficit of $213 billion for 2020-21 fiscal year, ~a decade or more before the budget returns to balance, and net debt sprouting at $966 …
Would the Labour or Liberal Budget Policy be more effective? Read More »
Adapt. Strengthen. Innovate. The expansion of remote work through the adoption of innovative technological platforms poses generous opportunities for boosting efficiency and company cohesion. That is, businesses should cultivate new management styles that capitalise on flexible working practices and increased opportunity for efficiency. Soon, long gone will be the days of what Stewart Butterfield, CEO …
Is a digital business model healthy for the economy? Read More »
JobKeeper has kept thousands of business afloat and workers employed… The introduction of a wage subsidy program has allowed businesses heavily impacted by the Coronavirus to cover costs of employee wages, which has served to halt spiralling unemployment figures. Particularly, payroll data shows that in the time JobKeeper was implemented, job losses have slowed down …
Ahh yes, a timeless debate. To stimulate the COVID-impacted economy, ScoMo flexes the big bucks in the form of multiple stimulus packages. Inspired by the state of our current economy, to what extent will these transfer payments strengthen Australia’s social security? What’s stopping us from getting more?
Last week, the Australian Government announced the Job-Ready Graduates program, which shifts national focus away from arts degrees and more into the STEM fields. As a consequence of that, thousands of students feel as if though this is devaluing graduates based on their skillsets. However, it can also be perceived as a hard-line decision that …
Debate: Are increasing university fees necessary for the economy? Read More »
Manufacturing goes beyond creating job opportunities… Within the realms of universities and schools, it is taught that manufacturing is a sunset industry within Australia because our lack of competitive advantage means the costs outweigh the benefits. The statistics agree with manufacturing going from 28% of GDP in 1960 to 6% of GDP in 2019.
