On Monday, the Federal Treasurer Jim Chalmers released a superannuation discussion paper with the exciting name of “legislating the objective of superannuation.” The paper suggested that superannuation’s objective “is to preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way”. To achieve this goal means that the… Continue reading Superannuation Discussion Paper
Category: Australian economy
Case Study: PayPal
This continues my earlier piece on business strategy, now there are three main business strategies exist. A cost strategy such as competing on having lower prices than your competitors examples of that could include Aldi, Bunnings and Office works. Whereas, a differentiated product or service strategy means identifying a product or service that you could do… Continue reading Case Study: PayPal
Interest rates set to rise
The Reserve Bank of Australia (“RBA”) Board meets tomorrow and, it’s highly likely that the Board will raise the official cash rate by 25 basis points from 3.10% to 3.35%. If we look at the Board’s December decision to raise interest rates, they said the following. “The Board expects to increase interest rates further over… Continue reading Interest rates set to rise
Where’s the representation?
Our Managing Director – Matthew Jones – recently wrote an article for Dynamic Business about the under representation of Indigenous executives within Corporate Australia. We’ve included a few key extracts: A recent Minderoo Foundation report found that Aboriginal and Torres Strait Islander people hold less than one per cent of all executive and senior positions within Australia. Indeed, this… Continue reading Where’s the representation?
Coal and Gas Price Caps
The Federal government announced on Friday, 9 December that they intended to introduce legislation to impose a cap on coal and gas prices. Something that will be welcome news to most Australian households, that are feeling the squeeze from high interest and inflation rates. A price cap simply establishes a rate or price to be… Continue reading Coal and Gas Price Caps