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The death of Keynesian economics: How government stimulus could hurt Australia

In this week's interview, RMIT economist Steve Kates talks about the death of Keynesian economics. He shares the growing view that stimulus packages around the world have increased debt, have not reduced unemployment and have made the crisis worse. He warns that Australia will feel the impact over the next year when China starts unwinding its stimulus package.

Treasury chief Ken Henry should be replaced, while Gillard seeks new economic advisers

In this week's overview of the economy, RMIT economist Sinclair Davidson voices the belief that Treasury chief Ken Henry is likely to be replaced, while Julia Gillard seeks new economic advisers. He says the Gillard Government will need to slash spending to bring about the budget surplus she says the government is committed to achieving.

The mining tax does not ‘stack up’, government spending crowds out private investment and...

Talking Business is a weekly 15-minute podcast review of the Australian economy, presented by seasoned business journalists Leon Gettler and Garry Barker, produced in association with the RMIT College of Business. It features interviews with prominent business leaders and expert analysis from RMIT academics, such as Sinclair Davidson

The mining tax does not 'stack up', government spending crowds out private investment and...

Talking Business is a weekly 15-minute podcast review of the Australian economy, presented by seasoned business journalists Leon Gettler and Garry Barker, produced in association with the RMIT College of Business. It features interviews with prominent business leaders and expert analysis from RMIT academics, such as Sinclair Davidson

Talking Business: The Australian Economy [7 June 2010, PODCAST]

Leon and Garry talk about the Australian share market and its worst May performance in 26 years, driven largely by the panic in Europe. This may explain why the RBA has kept interest rates on hold. However, the respite might be short lived with Australian exports surging by the most in three decades and inflation gathering pace. Australian GDP grew by 0.5% for the first three months, driven largely by Government spending.

What is GDP and what is contributing to its growth in Australia? [PODCAST]

RMIT economist Alberto Posso talks about Australia’s GDP rising 0.5%, raising questions about the Government spending crowding out private sector investment. He also looks at the drop in mining investment and asks whether manufacturing and agriculture can level the balance.

Iceland: From boom to bust to haven to where-the-bloody-hell-are-you?

Being a single industry economy is notoriously dangerous. And few countries understand this better than Iceland. Not wanting to remain in the doldrums, Iceland is trying to re-brand itself as a journalistic haven, centre of creativity and popular tourist destination. Cue cart-wheeling citizens.

Australian business investment returning back to 2008 levels [PODCAST]

RMIT economist Steve Kates talks about business investment, which is headed back to 2008 levels. He also looks at construction activity which appears to be flat with reduced investment in residential housing. This will exacerbate the housing shortage. He predicts high debt levels will drive inflation around the world as governments are forced to print more money to stay afloat.

Seeing the wood AND the trees: Why Andrew Grant sees ‘carbon sinks’ when he...

Andrew Grant is chief executive of CO2 Australia Limited, the market leader in the establishment and management of major reforestation projects, forests that operate as carbon sinks, absorbing carbon dioxide to lessen the impact of greenhouse gas emissions on the global climate. He talks about the challenges and opportunities of carbon trading schemes.

Seeing the wood AND the trees: Why Andrew Grant sees 'carbon sinks' when he...

Andrew Grant is chief executive of CO2 Australia Limited, the market leader in the establishment and management of major reforestation projects, forests that operate as carbon sinks, absorbing carbon dioxide to lessen the impact of greenhouse gas emissions on the global climate. He talks about the challenges and opportunities of carbon trading schemes.

Australian wages are expected to grow, yet more Australians are filing for bankruptcy [PODCAST]

Frank Lowy is now the richest man in Australia according to the BRW rich list. The property and mining sectors are the country's most profitable sectors. Meanwhile, more Australians are filing for bankruptcy because of unsustainable home loans. Garry Barker and Leon Gettler talk about 'The Week in Review'.

It’s all Greek to me: How world events affect Australian small business budgets

With recent focus on world events, many small- and medium-sized businesses in Australia are left wondering what these distant, foreign events mean to their business operations at home.

It's all Greek to me: How world events affect Australian small business budgets

With recent focus on world events, many small- and medium-sized businesses in Australia are left wondering what these distant, foreign events mean to their business operations at home.

The budget, the mining tax, falling shares… why is the government “all over the...

RMIT economist Sinclair Davidson talks about the latest employment figures, which look positive. He criticises the mining super tax, saying the government is all over the place on the issue and questions assertions in the Federal Budget that we are headed back for a surplus.

The budget, the mining tax, falling shares… why is the government "all over the...

RMIT economist Sinclair Davidson talks about the latest employment figures, which look positive. He criticises the mining super tax, saying the government is all over the place on the issue and questions assertions in the Federal Budget that we are headed back for a surplus.

What I learned about creativity from two weeks in Thailand (amid the chaos)

As a 'business' commentator, I won't pretend to know the ins-and-outs of the 'political' history or reasons for the conflict (that's background you can find elsewhere). But I would like to make some observations about business in Thailand and what we, as Australians, can learn from our neighbours in this Kingdom to our not-so-distant North.

Gerry Harvey talks about his retirement… not! [PODCAST]

Gerry Harvey, chief of Harvey Norman, is now in his 70s. In this rare interview with Gary Barker and Leon Gettler, he talks about the stupidity of people retiring at 65. He also shares insights on the future of Harvey Norman.

Which markets matter most to Australian exporters?

While our trade data is dominated by swings in the commodity cycle, some new data from the Australian Bureau of Statistics (ABS) tells us a little bit more about the Australian exporter community and how its members have been affected by the GFC.

Podcast: Talking Business – The Australian economy in review (3 May 2010)

Today we're launching a new weekly podcast series by seasoned business journalists Leon Gettler and Gary Barker, produced in association with RMIT University.

Australian companies' payment behaviour reveals unnerving pattern: Is our economy really recovering?

According to the latest trade payments analysis by Dun & Bradstreet (D&B), the payment terms of Australian firms have risen for the third consecutive quarter.

FREE BUSINESS TOOLS

Five essential things to get right if you want to raise...

So you’ve got a brilliant idea, or maybe you’ve even started building your nascent business, but you think it might help to bring on some extra money. You try to raise the money, but wherever you go it seems there are roadblocks and challenges, and it’s difficult to know where to start. To help tackle this tricky tropic, we interviewed Bryan Vadas. He’s the founder of iPledg (Australia’s leading crowdfunding platform for creative, commercial, charitable and community projects) and Capital Exchange Australia (an education and funding platform for startups).

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How to give good headlines, and create emails that get opened...

If you have a beautifully crafted email with a thoughtless headline, no one will open it. It’s as simple as that. There are three main...

INFOGRAPHICS

New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

OPINIONS & ADVICE