A new PwC global report has found that harnessing the power of an older workforce could deliver gains of up to $78 billion for the Australian economy. The report finds that if Australia’s employment rates for older workers aged 55+ was increased to those in Sweden (74% of those aged 55-64 employed), Australia’s GDP could...

The Trade and Assistance review 2014-15 contains the commission's latest quantitative estimates of Australian Government assistance to industry. This year's review also explores how the size and nature of the assistance estimates might be influenced by recent developments such as the Agricultural Competitiveness White Paper, the Defence Industry Statement and submarine procurement, programs to increase...

Farm businesses are subject to a vast and complex array of regulations. Regulations are in place at every stage of the supply chain — from land acquisition to marketing — and are applied by all levels of government. The number and complexity of regulations affecting farm businesses means that the cumulative burden of regulation on...

Australia’s multiculturalism is self-evident. About 28% of our population was born overseas, with another 20% having an overseas-born parent. According to one estimate, 32% of the Australian population have a non-Anglo-Celtic background. However, such cultural diversity is not proportionately represented within the senior leadership of our organisations.

In this paper I rectify and extend the market governance model of Holmstrom and Tirole (1993) to develop and test a number of hypotheses concerning board structure and incentives. The forced departure of "non-independent" directors from the boards of companies due to regulatory-induced pressure enables the testing of this new theory of corporate governance based...