On 6 September 2016, the Minister for Small Business, the Hon. Michael McCormack MP, tasked the Australian Small Business and Family Enterprise Ombudsman with undertaking an inquiry into the adequacy of the law and practices governing financial lending to small businesses. Consistent with other inquiries, the Ombudsman finds almost complete asymmetry of power in the...

Many tax policies in Australia and comparable countries are based on a completely rational individual decision maker. However, recent evidence in the fields often referred to as behavioural insights (combining behavioural economics and psychology) have shown that people are neither completely rational not completely irrational. Rather, they exhibit predictable biases that reduce the probability of...

This report looks at the innovative instruments which can facilitate access to finance for the cultural and creative sectors. Such instruments need to be part of well-functioning and efficient financial ecosystems.

Labor almost succeeded in getting up a banking royal commission last night, after the Government was caught napping when several ministers left the parliament early, perhaps forgetting their ultra slim, one-vote majority. For a moment, the Opposition had the numbers to win several procedural votes, before enough of the absentees scrambled back just in time...

The Crafts Council commissioned KPMG to conduct this study to better understand the extent to which collaboration and innovation take place in, and through, craft and, importantly, what barriers need to be overcome to achieve the potential economic opportunities from it.