Melbourne Business School

Melbourne Business School is the University of Melbourne’s graduate school in business and economics, and 55% owned by the business community. It is one of the Asia Pacific region’s top MBA schools and home to Mt Eliza Executive Education, Australia’s No. 1 ranked provider for executive education.

Links

Articles

ASIC warns: forex currency trading requires a high degree of skill, and consumers should be aware of the risks and potential for loss. Image of finance chart with sell/buy dice from www.shutterstock.com

Gambling on the dollar: time to reign in forex trading

With the value of the Australian dollar falling more than 10 cents in the past few months, should we all be hedging our bets and trading the Aussie for a fast profit? There’s no shortage of foreign currency…
Can - and should - the RBA intervene to lower the Australian dollar? Image sourced from www.shutterstock.com

Intervene or wait? The RBA faces tricky path to a lower dollar

Reserve Bank Governor Glenn Stevens has again weighed in on the value of the Australian dollar, telling a group of economists the bank is open to the idea of intervening to bring its value down. With the…
The progress women made in the workforce decades ago appears to have stalled. State Library of South Australia/Flickr

Women starting behind and failing to catch up: report

Australian girls and women start out on an equal footing with males in school and higher education, but fall behind in workforce participation and leadership roles, according to a new report prepared for…
With only one woman in Abbott’s cabinet, is it time to question the validity of the ‘merit’ argument? EPA Image/Justin Lane

The myth of merit and unconscious bias

The presence of only one woman, albeit a high profile one, in Tony Abbott’s cabinet has prompted renewed calls for the introduction of quotas to ensure greater numbers of senior women in government. And…
US Treasury Secretary Jacob Lew will need to write the book on technical and ethical challenges if no agreement is reached on raising the debt ceiling. EPA/Jim Lo Scalzo

Pressure could mount on US Treasury as debt ceiling closes in

Financial markets must be confident that the US will not default on its sovereign debt, otherwise those markets would have plummeted by now. But is that confidence justified? Markets participants are comforted…
Screen Shot at PM.

No big surprises in the GDP numbers

In the world of macroeconomic data and policy, this is an important week. Yesterday saw the latest monetary policy decision from the Reserve Bank of Australia (RBA), while today the Australian Bureau of…
Under new chief Andrew Mackenzie, BHP’s focus has clearly moved from expansion to cost reduction. AAP

Iron born: BHP steels itself for the future

What are investors who buy BHP Billiton shares buying into? BHP shares are a bet on two things. First, commodity prices and especially the price of iron ore, hydrocarbons and copper. Second, the ability…

Northern Zone a brilliant thought bubble

Kevin Rudd’s proposal for a “northern zone” with low company tax rates to attract businesses has been widely ridiculed in the media as another crazy thought bubble. I think it is a great idea. As long…
Lawrence Summers is a frontrunner to replace Ben Bernanke as US Federal Reserve head; but he is considered controversial. Flickr/Fortune Live Media

Who will be next to head the Fed?

When Ben Bernanke succeeded Alan Greenspan as Chair of the Board of Governors of the United States Federal Reserve in early 2006, macroeconomists were busy trying to understand the “Great Moderation…
The Australian dollar has lost its dazzle as the US economy steadily improves. Image from www.shutterstock.com

Making cents of a falling Australian dollar

After weeks of rapid depreciation, many commentators are wondering just how low can the Australian dollar go. Slowing growth in China and signs of a recovery in the US have renewed pressure on the dollar…
Australia’s unemployment is 5.5%. How does that stack up internationally? APH

FactCheck: is our unemployment rate low by world standards?

“Australia has one of the lowest unemployment rates in the developed world.” - Finance minister Penny Wong, The Drum opinion article, 14 January. Several ministers, including finance minister Penny Wong…
The idea that women bring “special” qualities to a boardroom is actually counterproductive to increasing their participation. Shutterstock/Andrey_Popov

Is the idea of “unique” female business qualities a stereotype?

There is a common theme in public debate on gender diversity – a focus on the unique benefits women bring to boards, the warm, inclusive and ultimately unquantifiable merits of a gender diverse boardroom…
How to deal with our demographic future of an ageing population? One was is the status quo - hike taxes - but the other requires the courage to grapple funding to health and the elderly. AAP

Australia’s choice: keep hiking taxes, or grapple with our spending on health and the aged

More than a decade ago the federal treasury produced the first Intergenerational Report (IGR), warning of the challenges facing the Australian economy due to demographic change. The IGR warned that the…
Reserve Bank governor Glenn Stevens said today that the bank’s board judged that a further decline in the cash rate was appropriate to encourage sustainable growth in the economy. AAP/Alan Porritt

RBA cuts interest rates to 2.75%: the experts respond

The Reserve Bank of Australia today cut the cash rate by 25 basis points to a record low of 2.75%, but some experts have questioned whether the central bank cut too soon. In a statement issued today, central…
From hire to liar: honesty is not always the best policy in workplace negotiations. Image from www.shutterstock.com

Sweet little lies: how men and women use deception in negotiations

Negotiations, by their nature, tempt individuals into an ethical slide. Even the most principled negotiator would consider it acceptable to withhold some information from an opponent, just as a self-protective…
Marius Kloppers will retire as BHP Billiton’s CEO in May. AAP Image/Paul Miller

Kloppers retires as BHP chief, leaving corporate and political legacy

Marius Kloppers, who today announced his intention to resign as CEO of mining firm BHP Billiton, leaves behind a formidable legacy in both mining and politics as head of a firm that campaigned for a scaled-down…
The US Federal Reserve has made explicit the economic targets it wants to reach through its monetary policy. AAP

US Fed stimulus names its targets in new policy direction

The announcement by the US Federal Reserve Bank that it would link its monetary policy to the achievement of specific economic targets beyond inflation is a new development in its approach to policy. In…
Two-thirds of Australia’s ASX500 firms have no female executives, a census released by the Equal Opportunity for Women in the Workplace agency has found. http://www.flickr.com/photos/dangoorevitch/

Australian firms trail world for women in top roles

Australian companies have the lowest percentage of women in top executive roles compared to other countries with equivalent corporate structures, a new report has found. The 2012 Australian Census of Women…

Authors

More Authors