You’re back at your desk. It’s the start of a new work year. What will 2017 bring?
What are your aspirations? Will you get that promotion? Will you be considered for partnership in your firm? How about that board position you’ve been coveting? Will you be included on the next government roundtable? The next media organisation roundtable?
But there’s probably one thing you haven’t thought about. Read More
Social licence is a hot topic right now. Malcolm Turnbull this week warns banks that they operate with a social licence for the people. This follows the banks’ refusal to pass on the full rate cut.
Also this week, we have seen the Baird Government’s greyhound ban legislation pass in the upper house. It will be enacted later this month – all on the back of the industry’s inability to meet its social licence obligations.
You see, in this instance, the community just doesn’t accept animal cruelty, or greyhound killings or ‘wastage’ (a much more palatable term), or live-baiting. Read More
If you think we live in a country relatively free from the fraud and corruption that plagues many parts of the world, a new KPMG survey might shake you up a little. Our six-monthly Fraud Barometer* shows a large rise in number, and especially the value of frauds being committed in Australia. Read More
With more than 7 billion mobile devices in the world and more than 40% of all internet traffic driven by these devices, smart data is driving an entirely new employee experience. But it’s clear that far more needs to be done. Read More
The health care sector in Australia is increasingly moving towards portable funding models currently being used in other parts of the world.
Research from these countries suggests that consumers will likely see a greater continuity of care, and will have greater control over where their funding is directed. Read More
We’re sure you’re tired of reading about the rapidly approaching commencement of the foreign resident CGT withholding regime. But there are some facts and issues we thought you should know about.
While the new regime has its heart in the right place, the breadth of its application will result in compliance costs and risks for many unsuspecting parties. It could also put a stop, or at least a deferral, on many purely domestic transfers occurring, particularly where time is of the essence.
It’s been a long time coming. Read More
House prices in Australia have grown at an unprecedented rate since 2004. A healthy economy fuelled by a strong mining sector, coupled with sustained low interest rates and a mixture of favourable tax settings have made the property market a desirable investment choice for Australians over the last decade. Consequently, property prices have increased to the point of unaffordability in many major Australian capital cities. Read More
The first national political debate was an opportunity to showcase Turnbull and Shorten as leaders. It failed miserably.
It was more a case of debating 101 for senior school students than a contest between national leaders. In fact, the debate was less sophisticated than most school debates Read More
During the past decade, a debate has gathered momentum about the deplorable state of gender equity in this country. A little more than 20% of board members are women, although there is still a somewhat bipolar nature to the distribution across all companies. The will to improve performance and inclusion of women on boards is also uneven. Further, the rise is flattening out, and reaching even 25% women looks a tall order. Read More
There is no such thing as a typical entrepreneur. But a study released by HSBC earlier this year, based on interviews with more than 2,800 owners of businesses around the globe, found that successful entrepreneurs share some common characteristics.
The most common reason entrepreneurs give for starting a company is to be their own boss. They want to take personal responsibility for risks and credit for achievements. For lots of people this sense of independence is exciting and motivating. Business owners who are keen to be self-reliant may also shy away from growth opportunities that mean relying on others, however, such as expanding their executive team or forming partnerships with other companies. Read More
Australian businesses need to rethink their retention strategies for Millennial workers – or risk losing a large percentage of their workforce.
Those born after 1982 will comprise 75% of the global workforce by 2025*, and they’re not keen on pledging allegiance to organisations that don’t value what they do. In fact, data reveals personal values have the greatest influence on a Millennial’s decision-making. Read More
Climate funding cuts and uncertainties dominate in a Budget that ignores the fact that if we do not invest in strong, effective action to reduce emissions now, it will simply cost us much more in the not too distant future. The consequences of ongoing failure to tackle climate change will be escalating energy, unemployment and other economic costs over the next few decades.
There is no extra funding for the government’s current principal policy tool the $2.55 billion Emission Reduction Fund now likely to be expended by the end of 2016 well before the policy review in 2017, threatening jobs and growth in the carbon farming and other emission reduction industries. Read More
In a recent decision of the Fair Work Commission, an employer was ordered to reinstate an employee who had been dismissed for comments he posted on social media sites outside work hours.
The employer (the Department of Human Services) dismissed the employee from his position as a Centrelink officer for posting on social media sites, a number of negative, inappropriate and offensive posts about the government, the department and its employees and customers over a period of almost three years. Read More
Blockchain has become a marketing buzzword making it impossible to talk about the technology. A more productive approach is to focus on the capabilities and problems.
Bitcoin and blockchain have triggered a new technological gold rush. If we’re to believe the hype, there’s no problem that can’t be solved by putting it ‘on the blockchain’. Proposals are flooding the market: from blockchain-enabled payments, through to identity management solutions, and Amazon and Uber killers – all powered by blockchain. It all sounds too good to be true, much like cloud computing did in its early days. Read More
The Foreign Investment Review Board (FIRB) has been charged with the review and assessment of any proposal by private foreign investors to acquire critical state-owned infrastructure assets.
This was in reaction to the national and international concern raised over the Northern Territory Government’s 2015 decision to offer a century-long lease of the port of Darwin to a Chinese private company without Australian Federal Government approval. Read More