Posts Tagged ‘Kevin Rudd’

Finance and Politics: The Invisible Lending Hand

Wednesday, September 15th, 2010

by Janice How

Was the sacking of Prime Minister Kevin Rudd, a manifestation of the cosy relationship between government and the Australian financial sector? QUT’s Professor of Finance, Janice How, believes that relationships like this can only impede the development of financial systems.

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At Sixes and Sevens over New Retirement Policy

Wednesday, September 16th, 2009

by Tim Robinson

In its May budget Australia’s Rudd government announced that by 2023 a new retirement age will have been phased in. The new retirement age will increase from the current 65 years to 67 years. When the new policy is in place a raft of existing arrangements and mind-sets will change. Whether it be eligibility for the age pension, policies regarding self-funded retirees’ access to their superannuation balances, eligibility for seniors’ cards, or simply acceptance of a new bench-mark for what constitutes being over the hill, the new retirement age will usher in its own economic and social consequences.  

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Emissions Trading Furphy

Thursday, August 6th, 2009

by Cameron Murray.

Is the Rudd Government’s proposed Carbon Pollution Reduction Scheme (CPRS) the most effective policy for controlling emissions that can be implemented at a national level?  Will it curtail our carbon footprint while minimising the impact on Australian business and households, as the delivery of the Government’s CPRS Green Paper (in July 2008) and White Paper (in December 2008) claims it does? Cameron Murray, an economics graduate of QUT’s Master of Business (Research) program, believes it can.

This brief essay aims to inform the curious onlooker of the theoretical arguments that have informed the political debate over the Rudd government’s proposed CPRS in recent times. There has been a fiery debate over whether the scheme inhibits the ability of households and businesses to take a proactive approach to reducing their own demands on emission producing energy sources.   Cameron Murray disagrees.

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