Knowledge Centre
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Google, ‘gatekeeper of the internet’, under scrutiny
Danielle Kutchel, Law Society JournalGoogle. It’s ubiquitous. No longer just a noun, Google has entered the modern vernacular as the go-to term for ‘search’. Despite the presence of multiple competitors, Google remains on top – but a US case is getting to the bottom of why that is. Here's what it could mean in Australia.
regulation
socio political environment
Murdoch succession
At 92, Rupert Murdoch steps down as chair of News Corp and Fox News, passing down the reins to son Lachlan. What can we expect?
socio political environment
With one exception, the Intergenerational Report is far less scary than you’ve heard
Peter Martin, The ConversationWhat if nearly everything that’s been written about this month’s Intergenerational Report is wrong? The picture painted is one of a future in which (old) dependants have far fewer people of working age to care for them, in which tax climbs dramatically to pay for the care of the elderly, and in which the next...
socio political environment
A decline in the big four’s auditing quality stokes fears of an Enron-style corporate collapse
Adele Ferguson, ABCThe big four accounting giants racked up billions of dollars in auditing fees in the private sector as the quality of auditing declined, heightening concerns it could trigger another Enron-type corporate collapse.
socio political environment
Australia is about to set its first full employment target – and it will define people’s lives for decades
01 August 2023Stand by for one of the most important decisions Treasurer Jim Chalmers and the Albanese government will make.
That decision is to commit future governments and the Reserve Bank to full employment, and, more importantly, spell out what that means. The Australian government hasn’t wholeheartedly and publicly committed itself to full...
socio political environment
UK banks back in political crosshairs after Farage fiasco
Sinead Cruise, Iain Withers and Lawrence White, Reuters, 31 July 2023After more than a decade trying to rehabilitate their image since an era of bailouts and mis-selling scandals, Britain's banks are once again a target for public - and political - ire.
What started as a dispute between former Brexit Party leader Nigel Farage and NatWest-owned Coutts over the closure of his accounts has spiralled into a...
socio political environment
crisis management
What is the ‘splinternet’? Here’s why the internet is less whole than you might think
Robbie Fordyce, The Conversation“Splinternet” refers to the way the internet is being splintered – broken up, divided, separated, locked down, boxed up, or otherwise segmented. Recent developments are likely to enhance segmentation, and have brought it back into new light.
socio political environment
Is it time to get real on Australia’s 2030 climate targets?
Angela Macdonald-Smith and Ben Potter, Australian Financial Review, 26 July 2023Senior reporter Angela Macdonald-Smith and senior writer Ben Potter on the mammoth task ahead to re-engineer the country’s power system, why we are unlikely to meet those 2030 climate targets and how we can get back on track to reach-net zero by 2050.
socio political environment
Is your business ready for the ‘low-cooperation era’?
Sophia Akram, RaconteurAs governments around the world retreat from multilateral agreements and adopt more aggressive stances, potential risks to business are flourishing. How can firms adapt?
socio political environment
geo political environment
The ethics of managing people’s data
Michael Segalla and Dominique Rouziès, Harvard Business ReviewOver the past few years, the European Union has fined companies more than 1,400 times for a total of nearly €3 billion for violations of the General Data Protection Regulation (GDPR). Almost every week stories appear about how AI-driven decisions result in discrimination against women or minority members in job...
socio political environment