MBS Media coverage

Manufacturing handouts

Lateline Business, 03 July 2008
A private survey has shown that the manufacturing sector is doing it tough while miners continue to enjoy the boom. The RBA's commodity price index jumped to an all time high, driven by surging coal and iron ore prices. This is making the manufacturing industry less competitive by keeping the dollar high. Professor Paul Kerin says we should stop giving handouts to manufacturing in Australia.

Bonus has mums on hold

Herald Sun, pg 7, 30 June 2008
If mums-to-be can hold off giving birth until after Monday, they can cash in on an increase to the baby bonus. In March, Professor Joshua Gans, wrote to federal Health Minister Nicola Roxon to suggest a phasing-in of the bonus increase.

Carbon scheming will be neither free or easy

Sydney Morning Herald, pg 45, 30 June 2008
In a taste of things to come, the political fight brewing over emissions trading crept up a few notches this week. No one disputes an emissions trading scheme will cause big changes for business. Professor Joshua Gans says a rigorous scheme will give government and business the chance to learn to cope with the new rules.

Stepping Out

Currents, pg 2, 27 June 2008
As Australian institutions increase fundraising efforts, experienced professionals are in high demand. In Australia as elsewhere, changes in funding patterns by government has spurred the rise of institutional advancement. Frankie Airey discusses this trend with reference to Melbourne Business School’s successful Director of Advancement.

Back to School

Qantas The Australian Way, pg 112, 26 June 2008
Just as jobs are no longer for life these days, nor are careers. Being able to study a second time opens up new Business opportunities. Qantas The Australian Way’s Anne Susskind profiles an MBS alumnus who leveraged his MBS MBA into a successful global business.

Pressure builds for government intervention on securitised funding

Mortgage Professional Australia, pg 60, 26 June 2008
The concept of a government funded lending institution along the lines of Freddie Mac and Fannie Mae in the US, and CMHC in Canada, was floated by Melbourne Business School's professor of management, Joshua Gans, and Rismark International's managing director Christopher Joye. With ANZ Origin and Macquarie Bank halting their wholesale lending operations, and Mobius and Bluestone no longer originating lending, support has grown for establishing an AAA rated government lending agency.

Parental leave

3CR, 25 June 2008
Dr Metz says employers may not want to employ women if they think their company will incur more costs. Metz argues for the introduction of incentives for women to return to work.

Call to introduce return to work incentives for women

3CR Breakfast Radio, 25 June 2008
Melbourne Business School’s Isabel Metz discusses paid maternity leave and suggests that that employers may not want to employ women if they think their company will incur more costs. Metz argues for the introduction of incentives for women to return to work and comments that there is a need for both maternity and paternity leave.

End of single desk gives wheat growers a choice

The West Australian, pg 11, 25 June 2008
Wheat growers will be able to export their crop with any company they want for the first time in 60 years after the single desk export system was officially killed off by the Federal Government. The new Wheat Exports Authority that will accredit all wheat exports, with the power to block or vary accreditation, includes Melbourne Business School Professor Paul Kerin.

A great American idea worth copying

Sam Wylie, The Australian Financial Review, pg 62, 23 June 2008
Dr Sam Wylie says in the United States, the top 1 percent of earners bring in about 17 percent of national income but contribute about 33 percent of all federal income taxes. In Australia, relevant data is not made public by the Australian Taxation Office but the share of income tax paid by the top 1 percent of earners is very likely well under 20 percent.

Babies too precious to delay birth

Sun Herald, pg 58, 23 June 2008
The introduction of the maternity incentive payment has not led to an associated rise in teenage pregnancy. Rather, research by Professor Joshua Gans suggests it is not just the very socio-economically disadvantaged or under-aged who make potentially life-changing decisions for the sake of a few hundred bucks.

MBS shows profit growth

The Australian Financial Review, pg 33, 23 June 2008
Melbourne Business School showed a significant growth in profit last year which helped fund investment in two new Centres of Excellence and supported the outstanding growth of executive education. MBS invested in the Centre for Ideas and the Economy and the Asia-Pacific Centre for Leadership and Social Impact.

Oh. to be born on the 1st of July

Sun Herald, pg 14, 23 June 2008
Professor Joshua Gans has led a campaign for baby bonus increases to be staged gradually to deter expectant mothers from delaying birth.

Sri Lankan wins honours in entrepreneurship

Sri Lankan Sunday Times, 23 June 2008
A team led by a young Sri Lankan was placed second in Australia’s most prestigious entrepreneurship award programme for his company’s innovative software product and business model. This is the first time a Sri Lankan-led team has won this competition, which is into its eighth year, and sponsored by Asia Pacific’s largest business school, the Melbourne Business School and KPMG.

Learning outside the square

Lawyers Weekly, pg 20, 20 June 2008
Stan Krpan, Director Legal Services and Investigations at WorkSafe Victoria speaks highly of his experience in attending the Advanced Management Program at Mt Eliza Executive Education. He describes the experience as one of the best things he has ever done.

'Spiral Up' Book Review

Louise Box, HR Monthly, pg 44, 18 June 2008
Mt Eliza Executive Education's Louise Box reviews Jane Linder's new book 'Spiral Up: and other management secrets behind wildly successful initiatives’.

Rudd violates his own energy savings tests with that handout to Toyota

Paul Kerin, The Australian, pg 32, 17 June 2008
He wants better bargains but the Prime Minister has backed a loser, writes MBS Professorial Fellow Paul Kerin. Read the full article.

It’s Time for Aussie Mac

Joshua Gans, In Finance, pg 41, 16 June 2008
The current global credit market crisis highlights the need for the Federal Government to introduce a policy proposal that would insulate Australian households, and the key financial institutions that provide them with funding, from external liquidity shocks. Christopher Joye, Rismark International and MBS Professor Joshua Gans discuss their innovative solution.

Protecting our cars may be a bad move

The Age, pg 1, 16 June 2008
Government efforts to turbocharge the car industry have angered the economic rationalists. MBS Professor Paul Kerin comments. Read the full article.

Competition the best way to rescue workers

Paul Kerin, The Australian, pg 20, 10 June 2008
Read the full article.

Discussion on Brunei's diversification

BorneoBulletin, 10 June 2008
An Economic Diversification Roundtable organised recently delved on the problems hampering Brunei's economic diversification progress. In his report, Associate Professor Mark Crosby called for more aggressive efforts to develop human capital to ensure a high percentage of the workforce entering tertiary or professional fields and a developed entrepreneurship education to support diversification efforts.

Business about ideas of how to live well

John Armstrong, The Australian Financial Review, pg 63, 10 June 2008
Innovation is a key concept in any successful enterprise, a fact that has come to the fore with General Motors closing four plants, a drop in the demand for SUVs and a market dominated by fuel-efficient cars. Innovation doesn’t just mean coming up with solutions and products that haven’t been thought of before, but more importantly anticipating the needs of consumers into the future through strategic innovation writes Associate Professor, John Armstrong.

Women, work and maternity leave

BRW, pg 6, 10 June 2008
In a letter to the editor, a reader comments on the article written by Dr Isabel Metz titled “Hasta la vista, baby” published in BRW on 22 May. The reader says that Dr Metz makes the politically correct point that women are disadvantaged in the workplace. However, Dr Metz uses a sample of disaffected women, and there is no comparison with an equally disaffected group of men.

Four pillars, not much wisdom

Ian Harper, The Australian Financial Review, pg 71, 04 June 2008
Federal Treasurer Wayne Swan, in upholding the four pillars policy, has denied big banks the opportunities afforded to other Australian businesses. He said yesterday that the policy had served Australia well. Professor Ian Harper says Australia’s success in surviving the second serious financial crisis in just over a decade occurred in spite of four pillars, not because of it.

No dive for Swan when it comes to four pillars

The Age, pg 12, 04 June 2008
The Treasurer has restated the Rudd Government's opposition to any merger of the Big Four banks. Professor Ian Harper says the banks are healthy, but stunted compared with their global peers; unable to grow beyond the artificial limits placed on them.