Recent Articles

Human resources or live assets?

Let’s start with this premise. Businesses exist to make money for the shareholders. If anyone says anything other than to make money, get out your bullshitometer. The concept of companies goes back to the Dutch East India company in 1602. It was the first public company formed to make money for shareholders. For 400 years […]

Do we need countries

This is an article that will reach no conclusions. It is a collection of thoughts someone smarter than me may be able to answer. If you want to be led nowhere, and end up with only a bunch of questions, read on. You have been warned. I was listening to a podcast about Cortez and […]

Infrastructure – Be patient

My favourite program on TV is Utopia. For those who have not seen it, Utopia is a comedy about a fictional government body responsible for Australia infrastructure. They are constantly hassled by politicians wanting to get their favourite infrastructure project approved regardless of the benefit to the country. Many of the projects are grand concepts […]

CBA Money Laundering Scandal

The financial intelligence agency Austrac has alleged the Commonwealth Bank’s Intelligent Deposit Machines broke anti-money laundering laws on 53,700 occasions, and that the bank turned a blind eye to suspicious activities. The potential fines of almost a trillion dollars have already overshadowed a record $9.8 billion full-year dollar profit. The whole CBA money laundering scandal needs […]

Inside the Trump tent

I have this image in my mind. A tent. Not the modern nylon and aluminium variety, but more the wooden pole and deerskin covered type. The ones you you see in movies about American Indians. That is how I see the Trump presidency. Nobody thought it would stand but sure enough, the teepee managed to […]

Creative Thinking in Politics

Paul Keating hit the nail on the head. He has always had a way of doing that. He said recently that no recent government has had a ‘narrative’. In other words, governments – or oppositions for that matter – cannot sell a vision of what they want to achieve. They can’t do it at either […]

The case for government regulation

A few years back, my understanding of farmers did a U turn. I had never considered a major decision farmers have to make. In one or two sentences on radio, a farmer explained it. He was asked why he was growing cotton which was such a water intensive crop. The implication was clear. No environmental conscience. Raping […]

Political Survival

I heard a story decades ago. It was sort of a parable. Evidently a king long ago asked the wisest man in his kingdom to write down all human knowledge. The wise man went away and five years later returned with a book of knowledge. The king said “Well done. Now I want you to […]

Measuring the benefits of penalty rate reductions

I was interested in the Fair Work Commission deciding to reduce some weekend rates. Obviously they gave this a lot of thought as did the Productivity Commission. According to Justice Ross evidence from business owners demonstrated that the present level of Sunday rates had led them to restrict trading hours, reduce staff levels and restrict the […]

Home Affordability

We all know the gap between rich and poor is getting bigger. In this article I will try and highlight a few of the results that perhaps you have not thought about in relation to the rich/poor divide, and home affordability. Best start off with a graph courtesy of Econompic: So what does it tell […]