Tag: Economics

In 2021 Australia’s export ecosystem significantly shifted, leading to surprising result.

Despite popular belief, economics is the study of choice rather than the study of money. Economists use money as a measurement for what choices individuals, businesses and countries are making. Understanding economic decision-making tools can help entrepreneurs and businesses to make the best choices when establishing their vision. The first economic tool entrepreneurs should understand […]

If trade bought prosperity to all corners of the world, then COVID-19 is showing the dark side of an interdependent world. Media interest in COVID-19 is increasingly shifting from the public health aspects of the crisis to the economic consequences of the biggest global pandemic in over a century.  Often the issues involved in fighting the […]

The Eurozone debt crisis seems as though it is a small financial and economic implosion on the European continent. However, a ripple experienced in Europe can be a greater wave elsewhere in the world. Those in America would question whether something that affected the euro would have any impact on them, but economists are concerned that […]

The short answer: Because otherwise, when it comes time to negotiate, you’ll end up with a bunch of nothing.

Amongst the Budget announcements last night was the unveiling of the most significant changes to GST since its introduction by former PM John Howard in 2000.

Australia is set to continue its strong resources lead economic recovery, returning to levels of prosperity not seen since the beginning of 2008. At least for resource rich states like Queensland and Western Australia concludes the latest Business Outlook report from Access Economics.

Australia’s Goods & Services Tax (GST) is predicted to increase as pressure mounts on the Federal Government to fund its recent spending, including the recently minted COAG hospitals agreement.

“Free” is being hailed as the Internet’s natural and ultimate future – as evidenced by a growing cohort of bloggers who insist “free” is the only solution to content providers’ Internet woes. However, Ovum believes their economic logic is flawed, and that financing “free” through advertising alone requires a scale which is unlikely to be achieved in online entertainment unless the sector undergoes a radical revolution.

MYOB has entered into an agreement with BankLink for the supply of bank transaction data to be used in a range of new MYOB products.