Category: Business and Economy

Latest Independent Commentary on Business & the Economy

Swerving SWIFT: the story behind Westpac’s money-laundering calamity

Bankrolling pedophiles, facilitating massive money-laundering schemes and terrorist-financing have branded Westpac, deservingly, an instant pariah of the banking world. As regulatory intelligence expert Nathan Lynch reveals here however, Westpac is unlikely to be alone. The story behind the story is industrial scale tax avoidance, the concealing of enormous cross-border payments

read now

When Mr Nadella went to Canberra

AI ethics is the new frontier when it comes to policies, guidelines or regulation. But the first thing we must look at when it comes to AI is how is it going to augment human productivity. During an on-stage chat with CSIRO chair David Thodey at an Institute for Public

read now

A new frontier for your InnovationAus

There has never been a more exciting time to be involved in the technology sector, with opportunities for tech-driven innovation – and in particular data-driven innovation – across the whole economy. InnovationAus.com launched in mid-2015, just prior to the so-called Ideas Boom. And while the political view of technology and

read now
Loading

More Independent Commentary on Business & the Economy

Competitions are the new big thing

For centuries, human beings have relied on patents to encourage and protect innovation. The electric light was patented, the phonograph, television, WiFi and Nespresso capsules. But many inventions were not: matches, vaccination, computers and the internet. Patents work by granting inventors an exclusive licence to make money out of their

read now
Loading

Startups are our job creation engine

https://www.innovationaus.com/2019/11/Startups-are-our-job-creation-engineThe push for more effective policies that support the needs of startups must centre on the job creation potential of these high-growth tech companies,...

read now
Loading