Executive Summary A tax on financial transactions, or 'Tobin' tax, could protect superannuation investors, improve the operation of Australia’s capital markets and provide a source of tax revenue worth over $1 billion per year. Protecting investors

This paper connects variance-covariance estimation methods, Gaussian graphical models, and the growing literature on economic and nancial networks. We construct the network using the concept of partial correlations which captures direct linear dependence between any two entities, conditional on dependence between all other entities. We relate the centrality measures of this network to shock propagation...

This Quick Guide provides a brief background to Australia’s preferential trade agreements (PTAs; often referred to as free trade agreements), in particular what they are, what they cover and commentary on whether they have been effective in increasing Australia’s wider economic welfare. What are Preferential Trade Agreements? A PTA is essentially a contract between two...

Overview: This collection of essays arose from a workshop held in Canberra in 2013 under the auspices of the Academy of Social Sciences in Australia to consider the impact of the encroachment of the market on public universities. While the UK tripled fees in 2013 and determined that the teaching of the social sciences and...

Regional communities in Queensland, Australia are the life-blood of the state; contributing more than 80% of exports goods and services, as well as about 16 billion dollars each year to the state’s economy. Weather-related disasters such as floods have become more frequent over the last fifty years in those communities. Between December 2010 and January...