wisely/ShutterstockWhen it comes to consumer protections for airline passengers, Australia has long been dragging its feet.
The limited protections we do have rely heavily on the general Australian Consumer Law. The “consumer guarantees” provided in this law only require services to be delivered in the arguably vague framework of a “reasonable time”.
Scharfsinn/ShutterstockWhen we think of a farmer, we still often imagine a man. But in reality, women contribute 49% to real farm income.
This isn’t just by increasingly working as farmers themselves. Keeping a farm business going usually relies on women’s off-farm work as well, particularly in times of drought.
Daniel RingoDespite the widespread use of fixed-rate mortgages in the United States, I show that monetary policy is effectively passed through to aggregate outstanding mortgage debt service. Using credit bureau, lender, and servicer data on mortgage payments and originations and exogenous monetary policy shocks, I estimate a mortgage rate semi-elasticity of payments over 10.
Sarena Goodman, Gina Li, Kevin Moore, and Alice Henriques VolzThe COVID-19 pandemic caused severe disruptions to the U.S. labor market and economic activity.
In the immediate aftermath of last month’s shocking assassination attempt on US presidential candidate Donald Trump, search engine giant Google found itself in hot water. The reason? A technical issue with its auto-complete function.
“…the prohibition on negotiating price was kind of a poison pill in the original Medicare Act.”
The Turnaround in the Polls For the Democrats in the Key Swing States of Michigan, Wisconsin and PennsylvanIa
Ian Masters and Rob Johnson assess the turnaround in the polls as the Harris/Walz campaign surges ahead of Trump as they concentrate on the key swing states of Michigan, Wisconsin and Pennsylvania with their economic message for working Americans and union members.
As companies develop satellite constellations as shown in this illustration, they'll need to repair satellites in orbit. NOIRLab/NSF/AURA/P. Marenfeld, CC BY-NDMost space mission systems historically have used one spacecraft designed to complete an entire mission independently.
Using a novel dataset linking firm level data from the Survey on Access to Finance of Enterprises (SAFE) and bank level data from the Bank Lending Survey (BLS), we explore how changes in credit standards pass through to firms at a granular level. We find that tighter credit standards decrease loan availability reported by firms, increase the likelihood they report access to finance as the worst problem and decrease their investment. After controlling for country-sector-time fixed effects that capture cyclical macroeconomic conditions, effects only remain for firms that need finance.
When businesses work together – for whatever reason – they run the risk of breaching the competition laws enforced by our national watchdog, the Australian Competition and Consumer Commission (ACCC).
These laws aim to prevent anti-competitive practices that can hurt Australian consumers, like cartel behaviour and misuse of market power.
