Business News

The economics of 'cash for cane toads' – a textbook example of perverse incentives

Written by David Smerdon, Assistant Professor, School of Economics, The University of Queensland

It is estimated there are now more than 200 million cane toads across Queensland and northern New South Wales. Shutterstock

Economics teachers can all thank Pauline Hanson for providing an excellent example to add to their classes.

Indeed, it’s rare that Economics 101 lessons are as readily on display as in the Queensland senator’s...

AI companies want copyright exemptions – for NZ creatives, the market is their best protection
Getty ImagesRight now in the United States, there are dozens of pending lawsuits involving copyright claims against artificia…
How much money do you need to be happy? Here’s what the research says
Over the next decade, Elon Musk could become the world’s first trillionaire. The Tesla board recently proposed a US$1 t…
NZ First wants a compulsory KiwiSaver. Boosting the Super Fund is a better bet
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ANZ has been hit with a record $240 million fine. These lessons should have been learned years ago
ANZ Bank has agreed to pay a record fine of A$240 million after admitting to various forms of misconduct that occurred &ldquo…
This report measures our national wellbeing across five key areas. Health trends are not improving
In 2023, Treasurer Jim Chalmers announced the government would measure what matters to the wellbeing of Australians as a comp…
Private toll roads are supposed to save taxpayers’ money, but can have these hidden costs
If you’ve ever driven in Sydney, Melbourne or Brisbane, chances are you’ve used – or steered clear of &ndas…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

5 Reasons to Hire a Building Contract Lawyer Before Your Next Construction Project in Melbourne
If you're planning to build, renovate, or develop a property in Melbourne, you might be focusing on finding the right architect, builder, or project manager. But there’s one professional most…

Private schools taking no prisoners when comes to defaulting parents who don’t pay fees
Private schools are defaulting parents who fall behind in paying their children’s school fees at an increased rate according leading Australian consumer and financial law firm MyCRA Lawyers. MyCRA Lawyers’ CEO Graham…
Relax, losing access to China won't make us the 'poor white trash of Asia'
In another round of the increasingly bitter exchanges between China and Australia, a columnist for China’s Global Times, Yu Lei, suggested that a further decoupling from China will make former…
A Northern Beaches Electrician Explains What a Power Surge Is
When the electricity grid experiences a moment of stress, such as during a heat wave, it may lead to what's known as a power surge. These rapid energy increases can…

Manny Shah: Is your business disappearing from Google? You’re not alone

Small business owners across Australia are panicking as their websites vanish from Google’s front pages overnight. According to Manny Shah, cofounde...

MR Roads named Queensland Finalist in the 2025 Telstra Best of Business Awards

MR Roads, co-founded by Daniel Mikus and James Rolph, has been announced as a Queensland finalist in the prestigious 2025 Telstra Best of Business...

AWS research shows strong AI adoption momentum in Australia, with startups outpacing large enterprises in innovation

Amazon Web Services (AWS), an Amazon.com company, released new research revealing that while artificial intelligence (AI) adoption continues to acce...

Changing the World One Bite At a Time: IKU Turns 40

One of Australia’s first plant-based, chef-led eateries and now ready meal provider IKU is celebrating its 40 year anniversary with the business e...

Three generations marking 45 years in hot-air balloons

Australia’s leading hot-air balloon company is celebrating 45 years in the sky and its 700,000th passenger, driven by the passion of father-son du...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...