economics
Macquarie’s shadow: International investment is Australia’s Achilles Heel
Foreign investment and domestic jobs have been inextricably linked since Australia’s convict days. Austrade’s Chief Economist Tim Harcourt explains.
Hacks and geeks ponder media’s ‘Humpty Dumpty’ moment at Media 2010
How is the media handling the digital ecosphere? Matthew da Silva discussed the view from the wall with key players in attendance at last month’s Media 2010 conference, a Sydney ideas forum sponsored by Fairfax Digital.
A rap for the economist in us all… fo shizzle?
In this ‘rap off’ between two of the history’s most influential economic minds, you’ll find John Meynard Keynes throwing back Cosmopolitans in an effort to explain the value of stimulus spending. If only K Rudd had tried to articulate this important economic theory from the VIP section of a Manhattan ‘gentlemen’s club’, he wouldn’t have encountered nearly so much opposition.
Are your customers taking over 50 days to pay you? According to D&B, that’s about average.
According to Dun & Bradstreet’s (D&B) latest trade payments analysis, the payment terms of Australian firms have declined for the second consecutive quarter. A fall of three days since the previous quarter and 5.6 days in the past six months has reduced terms to 51.8 days – just above pre-crisis levels.
350 years of economic theory in 50 minutes
Economics is one of the more complex academic subjects. So imagine trying to summarise the past 350 years of it into one 50 minute lecture.
Are these the first signs of The Great Recovery?
So how did ‘The Great Recession’ on Monday become “The Great Recovery’ by Friday? Well it didn’t, but in between the beginning and end of the week, we did have a remarkable run of good data to boost our spirits (such evidence is now better known as ‘green shoots’ after US Federal Reserve Chairman Ben Bernanke used the term to describe a positive run of data showing signs of a possible recovery).
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