MBS Media coverage

GM: phoenix or a dead parrot?

Paul Kerin, The Australian, pg 17, 09 June 2009
Bosses and ministers, quite understandably, wish to provide reassurance when disquieting events occur. But they shouldn't convey a false sense of security, writes MBS Professor Paul Kerin. Read the full article.

Read between the lines: book protection has failed.

Joshua Gans, The Age Business News, pg 6, 09 June 2009
Some publishers might suffer, but removing restrictions would help authors and readers, writes MBS Professor Joshua Gans. Read the full article.

The present is past….the future has arrived

The Age ‘Voice Magazine’ , pg 1, 08 June 2009
"Some people are not used to the re-integration process of China into the world economy because it is relatively recent and despite the Global Financial Crisis that re-integration is still occurring,” says Melbourne Business School Associate Professor Mark Crosby. “And in Australia we’re at the centre of it as China has been the driver of our economy since 2001.”

Recession truth hit in September

Sunday Times, pg 88, 07 June 2009
Forget this week’s Gross Domestic Product figures – Australia is in recession and has been since September, according to MBS economics associate professor Mark Crosby. The lecturer said Australia’s GDP was significantly below growth trends and would be defined as recessionary in just about any other developed nation.

Business and civilisation

John Armstrong, AFR Boss Magazine, pg 28, 06 June 2009
Capitalism is not broken but it needs an overhaul, says MBS Philosopher-in-residence John Armstrong Read the full article.

Tax review should think twice on dividend imputation and super

Sam Wylie, The Age Business News, pg 3, 06 June 2009
An efficient market for new equity capital is critical, says MBS professor Sam Wylie. A combination of good luck and good management has kept Australia relatively unscathed so far in the economic crisis. Our economy crept along at 0.4 per cent growth over the past 12 months, versus declines of more than 6 per cent in the United States and a savage 10 per cent in Japan. Our unemployment rate is still only 5.5 per cent, versus 9.2 per cent and rising in the US. Read the full article.

Economists take swipe at Turnbull over debt

The Age, pg 5, 05 June 2009
Prime Minister Kevin Rudd has seized an open letter from 21 leading economists, including Melbourne Business School’s Joshua Gans, to claim that the Coalition’s campaign against government debt lacks mainstream support.

Is the data telling us big, fat GDP lies?

Mark Crosby, The Age, pg 10, 05 June 2009
Accuracy isn't a hallmark of the national accounts, writes Mark Crosby Read the full article.

Politicians stay afloat in a leaky boat

Paul Kerin, The Australian, pg 23, 05 June 2009
Why bother locking up journalists on budget night when ministers have let the best stuff slip already, asks MBS Professor Paul Kerin.

All in the mind

Silvia Damiano, BRW, pg 48, 04 June 2009
Neuroscientific findings provide insights into the successful introduction of organisational change, writes Mt Eliza Executive Education organisational development specialist, Silvia Damiano.

Simplicity breeds success

BRW, pg 20, 04 June 2009
Big is only beautiful up to a point. Being big can also be fraught with complexity and risk leading to corporate catastrophe. Large companies that aren’t aware of the scenarios that can result from being big risk tragedy. Some are sceptical that chiefs of big companies even know what time bombs are ticking beneath them, and lack the ability to alert governments and investors. Melbourne Business School’s Ning Gong notes that governments have given these managers plenty of incentive to ignore the risks and get even bigger.

Button plan architect says no use `Holden out' from China

The Age, pg 2, 03 June 2009
Melbourne Business School associate professor Mark Crosby casts doubt on the future of Holden Australia's assembly operations. "Just giving money to the car industry is not the right way to go," he said. "We haven't got a comparative advantage in assembly or manufacturing of cars." Professor Crosby said Australia should concentrate on design and research and development. Holden was strong there, and had successfully exported engines, he said.

Debt no problem, for now

AFR, pg 62, 03 June 2009
Debt for development makes sense, say 21 prominent Australian economists including Melbourne Business School’s Joshua Gans

Makers must look to China: analyst

Sydney Morning Herald, pg 4, 03 June 2009
A key player in the Button car plan has urged Australia’s car industry to look to China for its future despite Holden Australia’s survival of parent GM’s formal bankruptcy. Melbourne Business School associate professor, Mark Crosby casts doubt on the future of Holden Australia’s assembly operations. “Just giving money to the car industry is not the right way to go,” he said. “We haven’t got a comparative advantage in assembly.”

Small car carrying Holden’s future

The Australian, pg 5, 03 June 2009
GM Holden came out punching yesterday with a pledge that it was viable in the long term, that no jobs would be lost and that it would soon turn a profit despite its US parent entering bankruptcy. "Holden has been losing money for years, demand has gone down substantially and it's a high fixed-cost business. I'd be amazed if they made a profit next year," Melbourne Business School fellow Paul Kerin said.

New breed of business leaders learn to use their conscience

The Age, pg 6, 02 June 2009
Social responsibility is a growing area of study. By the next academic year the CSI Graduate Certificate in Social Impact, an Australian first, will be offered at a number of business schools, including Melbourne Business School.

Great expectations

ABC2 News Breakfast, 29 May 2009
Professor Paul Kerin from Melbourne Business School discusses the recent drop in business investment. He says that the drop to-date is very minor but the expectations for next year are very significant.

Companies review options over share scheme tax change

Sydney Morning Herald, pg 20, 22 May 2009
Macquarie Group may go back to investors for another capital raising because the Federal Government's planned tax crackdown on employee share schemes stands to derail its shake-up of executive remuneration. Melbourne Business School’s Sam Wylie says that stock options provided good incentives for senior management to improve company performance.

Lifecycle

BRW, pg 56, 21 May 2009
Melbourne Business School MBA graduate, Glen Brennan, is profiled in BRW. Mr. Brennan is currently employed by NAB to run a microfinance scheme.

Are things looking up?

ABC2 News Breakfast, 21 May 2009
Dr. Sam Wylie from Melbourne Business School speaks about the Japanese and German economies. He notes that things are looking up in Japan and discusses negative consumer sentiment being recorded in Australia