Connections add value

15 October 2010Social capital is good economics too, writes Andrew Leigh in the Australian Financial Review

ONCE A YEAR, Roy Morgan runs a pollsters’ beauty pageant, asking respondents to rate the ethics and honesty of various professions. This year, just 16 per cent gave business executives a rating of ‘high’ or ‘very high’. This places CEOs on par with federal MPs, and only a smidgin above the lowest-ranked professions such as car salesman, real estate agents and journalists…

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Illustration: from the cover of Andrew Leigh’s new book, Disconnected.

Noticeboard

22 March 2012

The Attorney-General's Department has launched a new inquiry to explore the scope for reforming Australian contract law. There will be a three-month consultation period.

07 March 2012

In May 2011 the Federal Government announced that the Australian Charities and Not-for-profits Commission (ACNC) would commence operations from 1 July 2012 and that it would initially be responsible for determining the legal status of groups seeking charitable, public benevolent institution, and other not-for-profit (NFP) benefits on behalf of all Commonwealth agencies. 

07 February 2012
The Productivity Commission has been asked to report within 8 months on Default Superannuation Funds in Modern Awards. The inquiry covers the design of criteria for the selection and ongoing assessment of superannuation funds for nomination as default funds in modern awards.