Federal government in second, bigger stimulus

By Peter Roberts Only days after offering up a stimulus package widely condemned as not large enough to impact Australia’s coronavirus affected economy, Canberra has followed up with a second much larger package of measures. The first business-focused package increased the instant asset write-off, provided accelerated depreciation deductions and supported apprentices and trainees. Manufacturers can…

Reserve Bank and government prepare fresh emergency measures as markets tumble

By Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University The government is planning to deliver a second coronavirus economic support package within days, and the Reserve Bank will announce “further policy measures” to support the economy on Thursday. The bank sometimes uses the phrase “policy measures” to describe adjustments to its “policy…

Thou shalt not steal

By Dr Jens Goennemann, Managing Director, Advanced Manufacturing Growth Centre The wine industry is plagued by knockoffs. Piracy tactics range from mis-labelled bottles, over diluting of products to using similar-but-different brands – a glass of Benfolds, anyone? You can talk about “the sincerest form of flattery”, but don’t do it around Treasury Wine Estates. We can’t be sure of…