Why are musicians so keen to get played on the radio? It can’t be because of the money. In Australia they are paid at rates so low they come close to making streaming services look generous. By law, no radio station can be made to pay more than 1% of the station’s gross revenue for… Read more »
Pushing up interest rates isn’t something the Reserve Bank does lightly. But what’s worrying the Reserve Bank – and why it increased interest rates for a record seventh consecutive month on Melbourne Cup Tuesday – is that inflation seems to become completely detached from the bank’s target band. That target band of 2-3% was introduced… Read more »
Census data to be released Tuesday shows Australia changing rapidly before COVID, gaining an extra one million residents from overseas in the past five years, almost all of them in the three years before borders were closed. For the first time since the question has been asked in the census, more than half of Australia’s… Read more »
Prime Minister Scott Morrison says he wants to keep prices down. Without his party in power, “you’re going to see petrol prices go up, you’re going to see electricity prices go up”. There’s something practical he can do straight away to stop prices from rising. Apart from a home, a car is the most important… Read more »
Few of us who have survived the last year aren’t grateful for technology. Zoom, email, connected workplaces and solid internet connections at home have made it possible to work, shop, study and carry on our lives in a way that wouldn’t have been possible had the pandemic hit, say, 20 years earlier. But parts of… Read more »
In 2007 Malcolm Turnbull turned off an industry’s life support without blinking. The industry made light bulbs, of the traditional kind; so energy-inefficient they lost most of it as heat. “A normal light bulb is too hot to hold — that heat is wasted, and globally represents millions of tonnes of carbon dioxide that needn’t… Read more »
What’s the difference between Google and Facebook? One difference is that last week Google agreed to pay Australian news outlets for their content in the face of a threat of government action to force it to. Facebook did not, temporarily removing Australian news sources from its feeds, a decision it only reversed after winning a… Read more »
Tax cuts aren’t the half of it. The personal income tax cuts promised in the budget will cost A$17.8 billion over four years. The measures aimed at supporting businesses – the temporary instant tax write off of capital investments, the temporary ability to use losses to reduce previous tax payments, the JobMaker hiring credit and… Read more »
The lessons from Uber, Ola and rideshare’s disruption is that in the end, the consumer still pays 
Unicorn dehorned: Nasdaq-listed Brisbane EV charging venture Tritium collapses into receivership 
‘Have I gone too far?’ How founders can beat their startup demons 
Here are the finalists in Fintech Australia’s 2024 Finnies awards 
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