Journal articles on the topic 'Art market - Australia'
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Archer, Anita, and David M. Challis. "‘The Lucky Country’: How the COVID-19 Pandemic Revitalised Australia’s Lethargic Art Market." Arts 11, no. 2 (April 5, 2022): 49. http://dx.doi.org/10.3390/arts11020049.
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Since its publication in 1964, Australians have used the title of Donald Horne’s book, The Lucky Country, as a term of self-reflective endearment to express the social and economic benefits afforded to the population by the country’s wealth of geographical and environmental advantages. These same advantages, combined with strict border closures, have proven invaluable in protecting Australia from the ravages of the global COVID-19 pandemic, in comparison to many other countries. However, elements of Australia’s arts sector have not been so fortunate. The financial damage of pandemic-driven closures of exhibitions, art events, museums, and art businesses has been compounded by complex government stimulus packages that have excluded many contracted arts workers. Contrarily, a booming fine art auction market and commercial gallery sector driven by stay-at-home local collectors demonstrated remarkable resilience considering the extraordinary circumstances. Nonetheless, this resilience must be contextualised against a decade of underperformance in the Australian art market, fed by the negative impact of national taxation policies and a dearth of Federal government support for the visual arts sector. This paper examines the complex and contradictory landscape of the art market in Australia during the global pandemic, including the extension of pre-pandemic trends towards digitalisation and internationalisation. Drawing on qualitative and quantitative analysis, the paper concludes that Australia is indeed a ‘lucky country’, and that whilst lockdowns have driven stay-at-home collectors to kick-start the local art market, an overdue digital pivot also offers future opportunities in the aftermath of the pandemic for national and international growth.
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Aarons, Lisette. "Art Theft: An Exploratory Study of the Illegitimate Art Market in Australia." Australian & New Zealand Journal of Criminology 34, no. 1 (April 2001): 17–37. http://dx.doi.org/10.1177/000486580103400102.
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Webster, E. M. "Labour market forecasting in Australia: The science of the art." Journal of the Australian Population Association 9, no. 2 (November 1992): 185–205. http://dx.doi.org/10.1007/bf03029369.
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Archer, Anita. "Materialising Markets: The Agency of Auctions in Emergent Art Genres in the Global South." Arts 9, no. 4 (October 18, 2020): 106. http://dx.doi.org/10.3390/arts9040106.
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For the last two decades, the international auction houses Sotheby’s and Christie’s have been at the forefront of global art market expansion. Their world-wide footprints have enabled auction house specialists to engage with emerging artists and aspiring collectors, most notably in the developing economies of the Global South. By establishing their sales infrastructure in new locales ahead of the traditional mechanisms of primary market commercial galleries, the international auction houses have played a foundational role in the notional construction of new genres of art. However, branding alone is not sufficient to establish these new markets; the auction houses require a network of willing supporters to facilitate and drive marketplace supply and demand, be that trans-locational art market intermediaries, local governments, and/or regional auction businesses. This paper examines emerging art auction markets in three Global South case studies. It elucidates the strategic mechanisms and networks of international and regional art auction houses in the development of specific genres of contemporary art: Hong Kong and ‘Chinese contemporary art’, Singapore and ‘Southeast Asian art’, and Australia and ‘Aboriginal art’. Through examination and comparison of these three markets, this paper draws on research conducted over the past decade to reveal an integral role played by art auctions in the expansion of broader contemporary art world infrastructure in the Global South.
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McQuilten, Grace, Deborah Warr, Kim Humphery, and Amy Spiers. "Ambivalent entrepreneurs: arts-based social enterprise in a neoliberal world." Social Enterprise Journal 16, no. 2 (March 30, 2020): 121–40. http://dx.doi.org/10.1108/sej-03-2019-0015.
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Purpose The purpose of this paper is to consider the social turn in contemporary capitalism and contemporary art through the lens of art-based social enterprises (ASEs) that aim to create positive social benefits for young people experiencing forms of marginalisation, and which trade creative products or services to help fulfil that mission. A growth in ASEs demonstrates a growing interest in how the arts can support social and economic development, and the ways new economic models can generate employment for individuals excluded from the labour market; extend opportunities for more people to participate in art markets; and challenge dominant market models of cultural production and consumption. Design/methodology/approach This paper considers a number of challenges and complexities faced by ASEs that embrace a co-dependence of three goals, which are often in tension and competition – artistic practice, social purpose and economic activity. It does so by analysing interviews from staff working with 12 ASE organisation’s across Australia. Findings While the external forces that shape ASEs – including government policy, markets, investors and philanthropy – are interested in the “self-sufficient” economic potential of ASEs, those working in ASEs tend to prioritise social values and ethical business over large financial returns and are often ambivalent about their roles as entrepreneurs. This ambivalence is symptomatic of a position that is simultaneously critical and affirmative, of the conditions of contemporary capitalism and neoliberalism. Originality/value This paper addresses a gap in social enterprise literature presenting empirical research focussing on the lived experience of those managing and leading ASEs in Australia.
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Kelly, Veronica. "Beauty and the Market: Actress Postcards and their Senders in Early Twentieth-Century Australia." New Theatre Quarterly 20, no. 2 (April 21, 2004): 99–116. http://dx.doi.org/10.1017/s0266464x04000016.
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A hundred years ago the international craze for picture postcards distributed millions of images of popular stage actresses around the world. The cards were bought, sent, and collected by many whose contact with live theatre was sometimes minimal. Veronica Kelly's study of some of these cards sent in Australia indicates the increasing reach of theatrical images and celebrity brought about by the distribution mechanisms of industrial mass modernity. The specific social purposes and contexts of the senders are revealed by cross-reading the images themselves with the private messages on the backs, suggesting that, once outside the industrial framing of theatre or the dramatic one of specific roles, the actress operated as a multiply signifying icon within mass culture – with the desires and consumer power of women major factors in the consumption of the glamour actress card. A study of the typical visual rhetoric of these postcards indicates the authorized modes of femininity being constructed by the major postcard publishers whose products were distributed to theatre fans and non-theatregoers alike through the post. Veronica Kelly is working on a project dealing with commercial managements and stars in early twentieth-century Australian theatre. She teaches in the School of English, Media Studies, and Art History at the University of Queensland, is co-editor of Australasian Drama Studies, and author of databases and articles dealing with colonial and contemporary Australian theatre history and dramatic criticism. Her books include The Theatre of Louis Nowra (1998) and the collection Our Australian Theatre in the 1990s (1998).
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Amizuar, Sabilil Hakimi, Anny Ratnawati, and Trias Andati. "The Integration of International Capital Market from Indonesian Investors’ Perspective: Do Integration Still Give Diversification Benefit." International Journal of Economics and Finance 9, no. 9 (August 23, 2017): 157. http://dx.doi.org/10.5539/ijef.v9n9p157.
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The objective of this study is to analyze whether, despite the international equity liberalization and growing world financial integration, Indonesian investors can be beneficial from international diversification. The study covers both emerging markets (Indonesia, Philippines, Malaysia, Thailand, Korea, China, and Taiwan) and developed markets (USA, UK, Japan, Singapore, and Australia) over the period of January 1st, 2007 to April 30st, 2017. It uses several state-of-the-art techniques: multivariate cointegration and vector error correction models (VECM) with the analysis of impulse response function (IRF) and forecast error variance decomposition (FEVD) to analyze the long-term level of integration and time-varying correlations with the Dynamic Conditional Correlation (DCC) aproach to analyze short term level of integration. The analysis provides the evidence of integration berween Indonesian market and international markets. The findings suggest that Indonesian investors have more chance to gain international diversification benefit from developed markets rather than emerging markets as the Indonesian market has low level of integration compared to developed markets.
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McKay, Jim, and Toby Miller. "From Old Boys to Men and Women of the Corporation: The Americanization and Commodification of Australian Sport." Sociology of Sport Journal 8, no. 1 (March 1991): 86–94. http://dx.doi.org/10.1123/ssj.8.1.86.
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Although there are obvious American influences on Australian popular culture, the term “Americanization” is of limited help in explaining the elaborate form and content of Australian sport. The recent transformation from amateur to corporate sport in Australia has been determined by a complex array of internal and international social forces, including Australia’s polyethnic population, its semiperipheral status in the capitalist world system, its federal polity, and its membership in the Commonwealth of Nations. Americanization is only one manifestation of the integration of amateur and professional sport into the media industries, advertising agencies, and multinational corporations of the world market. Investment in sport by American, British, New Zealand, Japanese, and Australian multinational companies is part of their strategy of promoting “good corporate citizenship,” which also is evident in art, cinema, dance, music, education, and the recent bicentennial festivities. It is suggested that the political economy of Australian sport can best be analyzed by concepts such as “post-Fordism,” the globalization of consumerism, and the cultural logic of late capitalism, all of which transcend the confines of the United States.
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Callus, Ron, and Mark Cole. "Live for Art — Just Don't Expect to Make a Living from it: The Worklife of Australian Visual Artists." Media International Australia 102, no. 1 (February 2002): 77–87. http://dx.doi.org/10.1177/1329878x0210200109.
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Visual artists make up one of the few occupational groups in Australia where the majority of those working in the field are not regulated by awards or agreements that set minimum rates of pay and conditions. This is because most artists are self-employed and therefore lie outside the industrial relations regulatory framework. This article builds on the results of a survey of members of the National Association of Visual Artists (NA VA). The survey was designed to provide a picture of the income sources and activities of persons who work in the arts industry. For the majority of artists, the paid work undertaken as an artist was not their main source of income. These artists supplemented their art-producing income with other art and non-related income-producing work. A significant proportion of NAVA members work for a living in the visual arts industry as teachers, arts administrators, curators or in other art-related work; many of these also produce art in their spare time. The data collected were then used to develop a typology based on the combination of artists' time-use and income-generating activities. The typology was generated through the use of a cluster analysis that revealed three major groups of artists and a number of subgroups within these three major groupings. Given the complexities of the artist's labour market experiences, a number of options are canvassed as to how the precarious nature of artists' work could better be managed. One approach to regulation is to accept the realities of the artists' labour market and build around this through a system of accruing entitlements that come from working in the industry rather than for any one individual or organisation. It is suggested that governments could also take a different approach by recognising the special nature of artists' work, specifically the fact that artists move in and out of the labour market over their lifetimes. A whole-of-life approach to the problem is therefore necessary.
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Abidoye, Rotimi Boluwatife, Wei Huang, Abdul-Rasheed Amidu, and Ashad Ali Javad. "An updated survey of factors influencing property valuation accuracy in Australia." Property Management 39, no. 3 (February 15, 2021): 343–61. http://dx.doi.org/10.1108/pm-02-2020-0014.
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PurposeThis study updates and extends the current work on the issue of accuracy of property valuation. The paper investigates the factors that contribute to property valuation inaccuracy and examines different strategies to achieve greater accuracy in practice.Design/methodology/approachAn online questionnaire was designed and administered on the Australian Property Institute (API) registered valuers, attempting to examine their perceptions on the current state of valuation accuracy in Australia. The variables/statements from responses are ranked overall and compared for differences by the characteristics of respondents.FindingsUsing mean rating point, the survey ranked three factors; inexperience valuers, the selection, interpretation and use of comparable evidence in property valuation exercise and the complexity of the subject property in terms of design, age, material specification and state of repairs as the most significant factors currently affecting valuation inaccuracy. The results of a Chi-square test did not, however, show a significant statistical relationship between respondents' profile and the perception on the comparative importance of the factors identified. Except for valuers' age and inexperience valuers and valuers' educational qualification and inexperience valuers and the selection, interpretation and use of comparable evidence in property valuation exercise. Also, the three highly ranked strategies for reducing the level of inaccuracy are: developing a global mindset, use of advanced methodology and training valuers on market forecasting skills.Practical implicationsIn order for valuers to provide state-of-the-art service to the public and to remain relevant, there is a need to accurately and reliably estimate valuation figures. Hence, the strategies highlighted in this study could be considered in a bid to reduce property valuation inaccuracy in practice.Originality/valueThis study provides an updated overview of the issue of property valuation inaccuracy in the Australia valuation practice and examines the strategies to reduce it.
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Oliveri, Vicki, Glenn Porter, Pamela James, Jenny Wise, and Chris Davies. "Art crime: discussion on the Dancing Shiva acquisition." Journal of Criminological Research, Policy and Practice 6, no. 4 (June 6, 2020): 307–19. http://dx.doi.org/10.1108/jcrpp-03-2020-0033.
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Purpose This paper aims to explore how stolen Indian antiquities were purchased by a major Australian collecting institution, despite cultural protection policies designed to prevent such inappropriate acquisitions. Using the acquisition of the Dancing Shiva as a case study, the purpose of this paper is to examine how collecting institutions such as the National Gallery of Australia experience difficulty when determining legal title through provenance research. The impact of incautious provenance research produces significant risk to the institution including damaging its social responsibility credentials and reputation when the acquisition is discovered to be stolen. Design/methodology/approach This research applies a qualitative case study method and analysis of sourced official policy documents, personal communication with actors involved with the case, media reports and published institutional statements. Findings This work identifies four contributing factors that resulted in the National Gallery of Australia’s acquisition of stolen Indian artefacts: a misguided level of trust of the art dealer based on his professional reputation; a problematic motivation to expand the gallery’s Asian art collection; a less transparent and judicious acquisition process; and a collaboration deficiency with cultural institutions in India. Crime preventative methods would appear to be a strategic priority to counter art crime of this nature. Research limitations/implications Additional research into how collecting institutions can be effectively supported to develop and implement crime preventative methods, especially less-resourced institutions, can potentially further enhance cultural heritage protection. Practical implications Fostering a higher degree of transparency and institutional collaboration can enhance cultural heritage protection, develop a greater level of institutional ethics and social responsibility and identify any potential criminal activity. Changing the culture of “owning” to “loaning” may provide a long-term solution for cultural heritage protection, rather than incentivising a black market with lucrative sums of money paid for artefacts. Social implications Art crime involving the illegal trade of antiquities is often misinterpreted as a victimless crime with no real harm to individuals. The loss of a temple deity statue produces significant spiritual anguish for the Indian community, as the statue is representative not only of their God but also of place. Collecting institutions have a social responsibility to prioritise robust provenance policy and acquisition practices above collection priorities. Originality/value Art crime is a relatively new area within criminology. This work examines issues involving major collecting institutions acquiring stolen cultural heritage artefacts and the impact art crime has on institutions and communities. This paper unpacks how motivations for growing more prestigious collections can override cultural sensibilities and ethical frameworks established to protect cultural heritage. It highlights the liabilities associated with purchasing antiquities without significant due diligence regarding provenance research and safeguarding cultural heritage. It also emphasises the importance for collecting institutions to establish robust acquisition policies to protect the reputation of the institutions and the communities they represent.
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Nesje, Per A. "State of the art technology for subsea tie-in and repair systems in the North Sea." APPEA Journal 50, no. 2 (2010): 737. http://dx.doi.org/10.1071/aj09101.
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The new design of subsea structures such as riser bases (RB), pipeline end terminations (PLET) and pipeline end manifolds (PLEM) has resulted in lighter and more installation-friendly solutions. PLETs and PLEMs can be installed together with the pipeline, avoiding separate installation campaigns. The RB is designed to slide on the seabed, hence it can be connected directly to the pipeline, avoiding the need for expansion spools. If dropped object and/or trawl protection is required, a range of standardised GRP protection covers is available for the protection of structures, inline/hot-tap tees and spools. A new remote controlled tie-in system—THOR—has been developed for general use. The concept offers significant cost savings when measured against the existing conventional tie-in tool based systems. The system will be available for all pipeline sizes and will be independent of connector manufacturer.A vertical system for hot-tapping and tie-in onto a hot-tap tee has been developed and installed on the Ormen Lange field. The system includes a contingency isolation plug for recovery of the isolation valve module.Active pipeline supports (APS) have been introduced to the market and are now installed on several projects. This type of structure will enable the adjustment of pipelines during and after installation, and will therefore ensure more flexibility during the design phase. The pipeline repair system developed for the North Sea has been used for 20 years and is definitively field proven through a large number of repair operations and planned work. Many repair components and their associated installation systems have been made and used over these years. Based on this knowledge we can now better recommend, to a new repair market such as Australia, which type of repair items to purchase for the local repair system. This evaluation will also identify the items or components that should be partly prepared, either on a design level only, or up until storage of forged material or completion of particular long lead items.
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Price, Megan, Brian McCoy, and Salote Mafi. "Progressing the Dialogue about a Framework for Aboriginal Evaluations: Sharing Methods and Key Learnings." Evaluation Journal of Australasia 12, no. 1 (March 2012): 32–37. http://dx.doi.org/10.1177/1035719x1201200105.
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Aboriginal evaluation methodology is a relatively new construct. While much insight has been generated in recent years in relation to conducting research among Aboriginal groups, little has been generated concerning evaluation methodologies. How are Aboriginal projects evaluated, by whom and for what purpose? What do Aboriginal people want evaluated and how might this be measured? How can non-Aboriginal evaluators respond to these issues effectively and respectfully in their evaluation of Aboriginal programs? This article addresses these questions by sharing key learnings from an evaluation of an intermediate labour market program2 conducted in remote Western Australia. The evaluation used a multifaceted methodology involving interviews, art and photovoice and various techniques to increase engagement, hear the ‘voice’ of local people and ensure that findings were accessible to community members, program staff, government and other sectors. Important cultural and community factors influenced the evaluation design and subsequent implementation of the findings. Through shared reflexive practice it is hoped that this article will shape a framework for conducting effective and collaborative evaluations with aboriginal organisations and communities.
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McCann, Andrew. "ROSA PRAED AND THE VAMPIRE-AESTHETE." Victorian Literature and Culture 35, no. 1 (January 22, 2007): 175–87. http://dx.doi.org/10.1017/s1060150307051479.
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ROSA CAMPBELL PRAED left Australia for London in 1876. In the decade or so subsequent to her arrival in the metropolis she forged a successful career as a writer of occult-inspired novels that drew on both theosophical doctrine and a nineteenth-century tradition of popular fiction that included Edward Bulwer-Lytton and Joseph Sheridan Le Fanu. A string of novels published in the 1880s and the early 1890s, including Nadine: the Study of a Woman (1882), Affinities: A Romance of Today (1885), The Brother of the Shadow: A Mystery of Today (1886), and The Soul of Countess Adrian: A Romance (1891), produced a sort of popular aestheticism that melded an interest in fashionable society, a market-oriented Gothicism, and speculations on the philosophy of art that were indicative of Praed's relationship to a fin-de-siècle Bohemia and its literary circles. There is no doubt that these novels can be located in terms of the numerous popular genres – the art novel, the aesthetic novel, the occult novel – that form the literary background to much better known texts such as Oscar Wilde's The Picture of Dorian Gray, Bram Stoker's Dracula and George du Maurier's Trilby. But to account for Praed's ephemerality in terms of a series of generic categories elides too easily the pressures – economic, political, and aesthetic – impinging on a colonial, female novelist quickly forging a career at the centre of an imperial culture. Praed's novels are hybrid, polysemic creations, over-determined by these pressures, which in turn, no doubt, have contributed to her invisibility in contemporary literary studies. Their Gothicism and their appropriation of theosophical doctrine are both manifest in themes like mesmerism, telepathy, duel personality, and the recurring figure of the spiritual or “moral vampire.” Yet these obviously commercial novels are also intensely invested in aesthetic questions, in the dislocated character of imperial experience, in the accrual of cultural capital, and in their own relationship to the vexed question of their originality vis-à-vis the market for popular fiction.
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Lovell, Judith. "Customary Assets and Contemporary Artistry: Multimodal Learning and Remote Economic Participation." Australian Journal of Indigenous Education 44, no. 2 (September 16, 2015): 184–93. http://dx.doi.org/10.1017/jie.2015.24.
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The role of artistry in transformative maintenance of law and custom is a theme widely researched and discussed in Aboriginal arts related literature. However, it is the aim of this paper to contribute to a wider discourse about learning and economic participation in remote Australia, and in particular the role of multimodality as a significant asset. The paper draws from relevant literature and two case studies; one from Keringke Arts, and one from Eastern Arrernte teacher and artist, Kathleen Kemarre Wallace. In customary form, multimodality combines and recombines various modalities — including dance, song, sand drawing, body painting and design, storytelling, stories, rhythm, petroglyph and ochre-painted rock art — enabling the intergenerational teaching and learning of rich cultural heritage in ways which connect that experience to the law and custom of the homelands. Multimodality, as it is used in this paper, draws on the concept of ‘form-relationality’; the way various modalities are combined and recombined, as elements which together describe a body of knowledge and yet separately provide myriad detail. Although beyond the scope of this paper, multimodality is also a mediating influence between contemporary and customary elements and contexts. This paper considers the complexity of multimodality as an asset in a contemporary arts market.
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Latimer, Paul, and Michael Duffy. "Deconstructing Digital Currency and Its Risks: Why ASIC Must Rise to the Regulatory Challenge." Federal Law Review 47, no. 1 (March 2019): 121–50. http://dx.doi.org/10.1177/0067205x18816237.
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Digital currency is a ‘disrupter’ of financial services and currency markets, and as such presents new regulatory challenges. International regulatory responses to digital currency range from being largely ignored in some jurisdictions to being banned in others, with most jurisdictions charting a middle course of ‘wait and see’ while attempting to deal with pressing issues (such as taxation liability and potential money laundering and terrorism financing issues). This article explains digital currency, its benefits, its problems, its risks and the regulatory response so far. It analyses the extent to which the Australian Securities and Investments Commission (ASIC, the national securities regulator) may or may not have regulatory power and jurisdiction under existing Australian law, and the role of other relevant regulators and institutions. It concludes that digital currency may well be a ‘financial product’ under Corporations Act 2001 (Cth) s 763A (though many suppliers/issuers of that product will be website operators located outside Australia). If it is a financial product, ASIC would also have jurisdiction over issuers and markets that trade in that product. This conclusion could easily be fortified by legislative confirmation; however, it is suggested that ASIC should in all events test its powers to determine whether any legislative change is needed. Regulation by ASIC would add to recent moves to deal with digital currency by the Australian Transaction Reports and Analysis Centre (AUSTRAC) and the Australian Taxation Office (ATO). In all cases, this article argues that the time has come for Commonwealth regulation of digital currencies by ASIC as the relevant regulator. This would then trigger the obligations set out in the Corporations Act and the ASIC Act, including Australian Financial Services Licensing, Australian Market Licensing, standards of efficiency, honesty and fairness, disclosure provisions, possible market offences and corporate regulation generally. The suggested jurisdiction of ASIC would build on its existing role as well as the roles of the Australian Competition and Consumer Commission, the ATO and AUSTRAC.
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Clout, Victoria J. "Corporate boards, monitoring and securities class actions: a pitch." Accounting Research Journal 30, no. 3 (September 4, 2017): 242–48. http://dx.doi.org/10.1108/arj-07-2016-0090.
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Purpose The purpose of this paper is to apply Faff’s (2015) pitch template to a regulatory financial accounting research topic. The author describes her personal reflections on completing the pitch template for this project by investigating corporate boards, monitoring and securities class actions (SCAs) in Australia. The author builds on prior research in this area (Chapple et al., 2014). This study is set within prior literature examining capital markets, corporate governance, continuous disclosure regime and regulatory changes. The market reaction to corporate board changes pre- and post-SCAs is the focus of the examination within the pitch template. The pitch letter contributes to prior literature, as it demonstrates a team with established researchers using the pitch template, while prior papers have documented PhD student usage of the pitch template. Design/methodology/approach The author uses the Faff (2015) pitch template to focus the research team’s ideas into a concisely focused research idea. An earlier version of this pitch was presented at the Centre for International Finance and Regulation Pitching Research Symposium on 29 May 2015 in Sydney to a panel of distinguished professors and participants from market regulators including the Australian Securities and Investments Commission, Reserve Bank of Australia, Australian Prudential Regulation Authority and the financial sector including Colonial First State. Findings It was found that there are benefits to using the pitch template for both established and emerging researchers. Prior pitch papers have primarily been authored by PhD students. This paper’s aim was to provide evidence that established as well as emerging scholars can benefit from completing the Faff pitch template. Originality/value This pitch letter contributes to the research community, as it shows the process and personal reflections on undertaking the pitch exercise by a team including established and emerging researchers. Within this pitch letter there is a documentation of how the research team for the underlying project was formed and the prior experiences of the team.
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Bosma, Shane. "The impact of recent shipping reforms on the offshore oil and gas industry in Australia." APPEA Journal 53, no. 1 (2013): 203. http://dx.doi.org/10.1071/aj12017.
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This peer-reviewed paper focuses on the impact of recent shipping reforms on the offshore oil and gas industry in Australia. These reforms are: the wholesale rewrite of the Navigation Act 1912 (Cth) by the Navigation Act 2012 (Cth), and the introduction of the Marine Safety (Domestic Commercial Vessels) Act 2012 (Cth); the registration of ships in Australia and the regulation of coastal trading in Australia; and, the regulation of marine pollution in Australia. The regulatory framework for offshore oil and gas facilities, and the interaction between the maritime legislation and the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (Cth)—specifically, how the legislation applies at different stages of the operation of offshore oil and gas facilities—is considered. Also considered is the Australian Government’s Stronger Shipping for a Stronger Economy shipping reform package, which aims to position the Australian shipping industry to take advantage of opportunities provided by an expanding export market. This peer-reviewed paper also considers the new offences for oil pollution from ships, the widened scope of liability to include charterers of ships for oil pollution, and the significantly increased penalties for pollution offences promulgated by the Maritime Legislation Amendment Act 2011 (Cth). The text was finalised in November 2012, and for that reason developments after this date have not been treated.
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Knight, Lizzie, and Louise Bell. "Reimagining Australia's shale gas revolution: lessons at home and abroad." APPEA Journal 54, no. 2 (2014): 511. http://dx.doi.org/10.1071/aj13084.
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In Australia the shale gas debate has been polarised between those extolling its virtues with unchecked enthusiasm on one side and deep wariness on the other. How can we re-imagine Australia’s energy future and what is the proper place for shale gas? With 396 trillion cubic feet of potential shale gas reserves (CSIRO, 2012), Australia stands on a precipice of a golden age of gas, but only if those reserves can be developed profitably and with a higher level of community support and understanding. The development of a shale gas industry is likely to transform the nation’s domestic gas and export LNG markets, increase energy security, and bolster the Australian economy. Community concern and infrastructure constraints, however, stand as barriers to the realisation of the industry. The US is one of the few countries to have developed shale gas to a commercial scale. Facilitative government policies, extensive infrastructure networks, open-access policies, a favourable regulatory framework, a highly competitive industry, and a strong R&D focus have allowed the shale gas industry to flourish. Meanwhile, the nascent Australian unconventional gas industry grapples with community support, regulatory duplication and delays, conflicts about competing resources, productivity decline, and rising capital and labour costs. The development of major CSG to LNG export projects in Queensland will promote competition for gas between domestic and international customers. The eastern Australia domestic gas market will no longer be insulated from the world gas market and the domestic gas price is likely to rise to meet international prices. A shale gas industry in Australia could provide part of the solution to future domestic gas shortages and price hikes. To develop an Australian shale gas industry, however, proponents will require a social licence to operate and access to infrastructure. Government and industry need to act now to implement a coordinated strategy that will enable proponents to secure and maintain their social licence and obtain adequate access to infrastructure. While the existing Australian unconventional gas industry and overseas shale gas experiences are defined by a specific set of circumstances and differ from the Australian shale gas experience in a number of important respects, lessons from shale gas projects abroad is paramount to shaping a mature debate and ensuring this potential opportunity is realised.
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Pattanasri, Thanaphol. "Mandatory Data Breach Notification and Hacking the Smart Home: A Legal Response to Cybersecurity?" QUT Law Review 18, no. 2 (March 1, 2019): 268. http://dx.doi.org/10.5204/qutlr.v18i2.752.
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This paper will investigate whether the Australian legal and regulatory framework sufficiently addresses cybersecurity concerns particular to the smart home. Specifically, the paper will analyse the extent to which the introduction of the data breach notification scheme in Australia will apply to smart home device manufacturers regulated by the federal Privacy Act 1988 (Cth) regarding device breaches. By examining Australian Privacy Principle 11 and the introduction of mandatory data breach notification, the paper aims to determine whether the Australian privacy model of Principles Based Regulation is capable of providing a market-based solution to cybersecurity concerns in the smart home.
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Pattanasri, Thanaphol. "Mandatory Data Breach Notification and Hacking the Smart Home: A Legal Response to Cybersecurity?" QUT Law Review 18, no. 2 (March 5, 2019): 268. http://dx.doi.org/10.5204/qutlr.v18i2.770.
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This paper will investigate whether the Australian legal and regulatory framework sufficiently addresses cybersecurity concerns particular to the smart home. Specifically, the paper will analyse the extent to which the introduction of the data breach notification scheme in Australia will apply to smart home device manufacturers regulated by the federal Privacy Act 1988 (Cth) regarding device breaches. By examining Australian Privacy Principle 11 and the introduction of mandatory data breach notification, the paper aims to determine whether the Australian privacy model of Principles-Based Regulation is capable of providing a market-based solution to cybersecurity concerns in the smart home.
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Ahmed, Kamran, Muhammad Nurul Houqe, John Hillier, and Steven Crockett. "Properties of analysts’ consensus cash flow forecasts for Australian firms." Accounting Research Journal 33, no. 1 (January 2, 2020): 128–47. http://dx.doi.org/10.1108/arj-11-2017-0197.
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Purpose The purpose of this paper is to determine the properties of analysts’ cash flows from operations (CFO) forecast generated for Australian listed firms as a productive activity, within the wider processes of financial disclosure in Australia. Design/methodology/approach Two categories of criteria are adopted: first, basic predictive statistical performance relative to a benchmark model and earnings forecasts; and second, relevance for equity pricing, as indicated by the market reaction to cash flow or forecast error reactions. The final sample comprised 2,138 observations between 2001 and 2016 and several regression models are estimated to determine the relative performance and market reaction. Findings Analysts’ consensus cash flow forecasts demonstrate poor predictive performance relative to earnings forecasts. Cash flow forecasts are typically naïve extensions of earnings forecasts. Furthermore, cash flow forecasts appear to be of minimal use for equity market participants in complementing earnings forecasts’ role in informing firms’ equity pricing. Practical implications While analysts’ earnings forecasts are useful for making predictions, the role of analysts’ cash flow forecasts in capital market functional efficiency appears quite limited. Originality/value This study is one of few that examines comparative usefulness of analysts’ earnings and cash flow forecasts and their predictive power using the Australian setting. Additionally, it enriches the sparse international literature on such forecasts.
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Tan, Verity, Pablo R. Dias, Nathan Chang, and Rong Deng. "Estimating the Lifetime of Solar Photovoltaic Modules in Australia." Sustainability 14, no. 9 (April 28, 2022): 5336. http://dx.doi.org/10.3390/su14095336.
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Determining the lifetime of solar photovoltaic modules is integral to planning future installations and ensuring effective end-of-life management. The lifetime of photovoltaic modules is most commonly considered to be 25 years based on performance guarantees of 80% power output after 25 years of operation; however, influences including climatic conditions, social behaviour, fiscal policy, and technological improvements have the potential to prompt early replacement. Therefore, this work aims to estimate the operating lifetime of photovoltaic panels more accurately in Australia by considering a variety of technical, economic, and social reasons for decommissioning. Based on a range of sources including government organisations, other policymakers, regulators and advisors, energy suppliers, researchers, recyclers, and manufacturers, three lifetime models—power decrease, damage and technical failures, and economic motivation—were developed and then weighted in three scenarios to form overall views of panel lifetime in Australia. In addition, it was concluded that the module lifetime will vary considerably between countries due to differences in market factors. Therefore, these results specifically address Australia as most of the input data were sourced from Australian industry reports and Australian photovoltaic systems and interpreted within the context of the Australian photovoltaic market. However, the methodology of estimating lifetime based on both technical and non-technical factors can be applied to other scenarios by using country-specific data. With the popularity of photovoltaic technology beginning in the early 2010s and given the practical lifetimes of 15–20 years found in this work, Australia will need to act swiftly within the next three years to responsibly manage the looming solar panel waste.
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Gilligan, George Peter. "SOX as a window on transference of corporate governance norms across jurisdictions." Northern Ireland Legal Quarterly 60, no. 4 (March 13, 2020): 403–19. http://dx.doi.org/10.53386/nilq.v60i4.497.
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This paper considers the issue of the transference of norms across jurisdictions in corporate governance contexts through the lens of an Australian case study. The paper focuses on the impacts of the United States of America (US) legislation the Sarbanes-Oxley Act 2002 (SOX) from an Australian perspective. The paper draws on a series of semi-structured interviews (n=14), with senior personnel of: accounting firms; business organisations; consumers; financial exchanges; government; institutional investors; investment banks; law firms; private investors; professional associations; and regulators. The findings from the study are that key stakeholders in Australia have taken notice of SOX and its effects in the US, but that the influence of SOX in specifically Australian contexts has been limited. The general perception in Australia seems to be that SOX has had some flaws in its inception and in its subsequent delivery in the US, but also that it has produced some positive outcomes. However, domestic factors and influences are overwhelmingly more important in shaping how financial regulation and corporate governance evolve in Australia. Therefore, it seems that SOX does not signify in any substantive way a regulatory hegemony emanating from the US that determines financial market regulation or the evolution of corporate governance in Australia.
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Skilbeck, Ruth. "Art journalism and the impact of ‘globalisation’: New fugal modalities of storytelling in Austral-Asian writing." Pacific Journalism Review : Te Koakoa 14, no. 2 (September 1, 2008): 141–61. http://dx.doi.org/10.24135/pjr.v14i2.949.
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The writing of art journalism has played a key yet little acknowledged role in the ongoing expansion of the international contemporary art world, and the multi-billion dollar global art economy. This article discusses some contradictory impacts of globalisation on art journalism—from extremes of sensationalist record-breaking art market reporting in the global mass media to the emergence of innovative modalities of story-telling in Australian independent journalistic art writing.
This article discusses some contradictory impacts of gobalisation on art journalism— from extremes of sensationalist record-breaking art market reporting in the global mass media to the emergence of innovative modalities of story-telling in Australian independent art writing.
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Crockett, Michael, and Muhammad Jahangir Ali. "Auditor independence and accounting conservatism." International Journal of Accounting & Information Management 23, no. 1 (March 2, 2015): 80–104. http://dx.doi.org/10.1108/ijaim-02-2014-0008.
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Purpose – The purpose of this paper is to examine the efficacy of the current legislative provisions that protect auditor independence in Australia. The collapses of several high-profile companies (Enron and WorldCom in the USA, HIH insurance and OneTel in Australia) in the early 2000s has raised questions about audit quality and independence. In response, regulators have introduced new regulations and guidance to improve audit quality. In Australia, the Corporations Act 2001 (2001) was amended via the Corporate Law Economic Reform Program Act 2004. This study poses the question: do non-audit service fees influence the level of accounting conservatism? Design/methodology/approach – The sample used in this analysis consists of all available Australian listed companies from the years 2006 till 2010. Findings – Using multiple measures of accounting conservatism and the auditor-client economic bond, our results suggest that the level of the economic bond between the auditor and the client does not significantly influence the level of accounting conservatism. Originality/value – Our results demonstrate that the combination of intrinsic market mechanisms and regulation in Australia sufficiently protect auditor independence.
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Alder, Christine, Duncan Chappell, and Kenneth Polk. "Frauds and fakes in the Australian aboriginal art market." Crime, Law and Social Change 56, no. 2 (July 29, 2011): 189–207. http://dx.doi.org/10.1007/s10611-011-9319-0.
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Cowling, Sally, and William Mitchell. "Taking the Low Road: Minimum Wage Determination under Work Choices." Journal of Industrial Relations 49, no. 5 (November 2007): 741–56. http://dx.doi.org/10.1177/0022185607084390.
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The Workplace Relations Amendment (Work Choices) Act 2005 changes the architecture of labour market regulation in Australia in a significant way. The focus of this article is on changes to the regulatory framework for minimum wage determination and the rationale for, and likely consequences of, conferring this power on the Australian Fair Pay Commission. Underpinning the Work Choices package is the view that Safety Net wage rises awarded by the Australian Industrial Relations Commission have had negative effects on employment. In this article we establish that the evidence to support this claim is weak, and is being used to engineer a historic shift in the objectives of the Australian wage setting process. We argue that the new legislation will act as a downward drag on the pay and conditions of minimum wage workers and advance an alternative policy approach in which attaining full employment does not require us to abandon the principle of fairness or a decent wage floor.
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Le, Anh T. "The Determinants of Immigrant Self-Employment in Australia." International Migration Review 34, no. 1 (March 2000): 183–214. http://dx.doi.org/10.1177/019791830003400108.
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This article applies both single cross-section and dual cross-section approaches to modeling the propensity to be self-employed among the foreign born in the Australian labor market. The results from a single cross-section regression indicate that educational attainment, Australian labor market experience, the availability of capital, marital status and job related characteristics are important influences on self-employment outcomes. The propensity to be self-employed among immigrants is shown to be enhanced by the existence of enclave markets. Ethnic enclaves created via a common language provide more relevant prospects for self-employment than does the concentration of immigrants by birthplace. However, enclave markets do not have a significant impact on the self-employment outcomes of the Australian-born children of immigrants. The dual cross-section approach shows that the cross-section self-employment growth among immigrants is predominantly an adjustment effect rather than a cohort effect.
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Orlova, T. "THE IMPORTANCE OF THE COURSE OF PUBLIC HISTORY FOR THE UNIVERSITY EDUCATION IN UKRAINE." Bulletin of Taras Shevchenko National University of Kyiv. History, no. 146 (2020): 54–59. http://dx.doi.org/10.17721/1728-2640.2020.146.9.
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This article is dedicated to the pursuit of the ways of overcoming the crisis in university education in Ukraine, particularly at the department of history. By analyzing foreign experience, it is argued that the growing demand of society for history must be supplied by making experts with diplomas and degrees closer to the needs of the communities, as well as by finding new opportunities for the graduates at the labor market. Therefore, half a century ago professional historians have offered a new branch of training and subsequent activities, named public history. Currently, public history has spread practically all over the world: it is developing rapidly in the USA, Canada, Great Britain, Germany, Italy, Ireland, China, India, Australia, New Zealand and other countries. Anumber of universities of ferspecial courses of training, in the USA, for example, there areover 130. The graduates of the higher education institutions can findjob with in the broad opportunities of the creative industry. Recently in Ukraine, at the government level, the idea of promoting the development of this industry is advocated. But the problem of staff is pressing even more due to the mass emigration of employable population, particularly educational emigration. The demand for the activities of public historians is also caused by the importance of the so-called "soft force" of the state at the global level, as well as by the urgency of streng the ning identity at the level of the countryor a specific community. The development of public history esteem cooperation between professionals and laymen, interested in history of past and recent years. Public history is a history about the public, for the public and together with the public. The mentioned branch spans a wide scope of forms of working with the past, oriented at various audiences. For training experts, it is proposed to introduce an obligatory course "Public/practical history" at the senior-class students of relevant professional faculties of Ukrainian universities. The functioning of the universities in market conditions must be oriented on efficiency, pragmatism, instrumentalization. The suggested course is innovative, interdisciplinary and practice-oriented according to the leading global trends in education and science. The implied training has to combine strong theoretical foundations with state-of-the-art practical technologies of spreading historical knowledge, served by the informational society.
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Khoo, Siew-Ean, Peter McDonald, Carmen Voigt-Graf, and Graeme Hugo. "A Global Labor Market: Factors Motivating the Sponsorship and Temporary Migration of Skilled Workers to Australia." International Migration Review 41, no. 2 (June 2007): 480–510. http://dx.doi.org/10.1111/j.1747-7379.2007.00076.x.
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The recruitment of skilled foreign workers is becoming increasingly important to many industrialized countries. This paper examines the factors motivating the sponsorship and temporary migration of skilled workers to Australia under the temporary business entry program, a new development in Australia's migration policy. The importance of labor demand in the destination country in stimulating skilled temporary migration is clearly demonstrated by the reasons given by employers in the study while the reasons indicated by skilled temporary migrants for coming to work in Australia show the importance of both economic and non-economic factors in motivating skilled labor migration.
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Maani, S. A. "Are Young First and Second Generation Immigrants at a Disadvantage in the Australian Labor Market?" International Migration Review 28, no. 4 (December 1994): 865–82. http://dx.doi.org/10.1177/019791839402800411.
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This paper examines the assimilation hypothesis for young adult first-and second-generation immigrants in Australia. Models of the total weeks of unemployment and the number of spells of unemployment are examined as indicators of relative labor market conditions. The study differs from earlier work by focusing on young first- and second-generation immigrants and by utilizing information over four consecutive years of the Australian Longitudinal Survey (ALS) data, a comprehensive data set compiled for 1985–1988. The results consistently indicate that even when controlling for qualifications, both first- and second-generation immigrants are at a disadvantage. The results, however, support the hypothesis of declining disadvantage, as second-generation immigrants and those with more years in Australia had significantly more favorable conditions than recent immigrants both overall and within country of origin groups.
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Wickham, Mark, Kim Lehman, and Ian Fillis. "Defining the art product: a network perspective." Arts and the Market 10, no. 2 (May 13, 2020): 83–98. http://dx.doi.org/10.1108/aam-10-2019-0029.
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PurposeThis paper explores the nature of art as a product through a network perspective, accounting for key contributing stakeholders in shaping its essence.Design/methodology/approachThis study adopted a qualitative data collection and analysis design and is centred on a series of face-to-face interviews with established Australian visual artists.FindingsResults support the notion of an art product shaped by interconnections and interdependencies of actors in the art market. In particular, attention is paid to the roles of actors in conceptual, production and distribution networks.Research limitations/implicationsAlthough there are idiosyncrasies that (in part) define the Australian art market context, the issues identified here are nonetheless useful in determining the nature of the interconnectedness of the art market in other similar Western contexts. Many Australian artists have achieved similar recognition and status to other established artists elsewhere. Future cross-cultural comparative research should be carried out in order to assess this relationship in the longer term.Practical implicationsArtists at different stages of their careers can transfer the findings of this research into the development of a series of relevant strategies and tactics for developing their art and culture products more effectively.Originality/valueAlthough philosophical assessments of art as a product have been carried out elsewhere, there is a lack of evaluation from an art versus marketplace lens in considering the perspectives of interested stakeholders
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O’Kane, Gabrielle, and Steffiana Yuliani Wijaya. "Contribution of Farmers’ Markets to More Socially Sustainable Food Systems: A Pilot Study of a Farmers’ Market in the Australian Capital Territory (ACT), Australia." Agroecology and Sustainable Food Systems 39, no. 10 (August 31, 2015): 1124–53. http://dx.doi.org/10.1080/21683565.2015.1081858.
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Smith, Meg. "Gender Equity: The Commission’s Legacy and the Challenge for Fair Work Australia." Journal of Industrial Relations 53, no. 5 (November 2011): 647–61. http://dx.doi.org/10.1177/0022185611419617.
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Two labour-market variables, wages and hours, are used to review the gender relations record of the Australian Industrial Relations Commission and its predecessors. This review informs an assessment of what features of Commission practice and capacity should and can be replicated by Fair Work Australia. Arbitration has been most decisive for women in paid work when it has enjoyed national and industry distribution. Advances in equal pay and leave linked to reproduction are two relevant examples, although these advances have been confronted more recently by frailties in federal gender pay equity regulation and policy shifts to enterprise and individual bargaining. The findings suggest an agenda for Fair Work Australia, notwithstanding the possibilities and limitations posed by the Fair Work Act 2009 and the tendency for changes to the gender contract to be highly contested.
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Antoinette, Michelle. "Monstrous Territories, Queer Propositions: Negotiating The Asia Pacific Triennial of Contemporary Art, between Australia, the Philippines, and Other (Island) Worlds." Asian Diasporic Visual Cultures and the Americas 3, no. 1-2 (March 14, 2017): 54–85. http://dx.doi.org/10.1163/23523085-00302004.
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For the 8th Asia Pacific Triennial of Contemporary Art (apt) (2015–16), Sydney-based artists Justin Shoulder and Bhenji Ra collaborated to present Ex Nilalang, a series of filmic and live portraits exploring Philippine mythology and marginalized identities. The artists’ shared Filipino ancestry, attachments to the Filipino diasporic community, and investigations into “Philippine-ness” offer obvious cultural connections to the “Asia Pacific” concerns of the apt. However, their aesthetic interests in inhabiting fictional spaces marked by the “fantastic” and the “monstrous”—alongside the lived reality of their critical queer positions and life politics—complicate any straightforward identification. If the Philippine archipelago and island continent of Australia are intersecting cultural contexts for their art, the artists’ queering of identity in art and life emphasizes a range of cultural orientations informing subjectivities, always under negotiation and transformation, and at once both the product of and in excess of these (island) territories.
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Madaleno, Mara, and Carlos Pinho. "Evidence of Macroeconomic Policy Effects over Company-Sector Stock Returns." Revista de Estudos Sociais 16, no. 31 (November 11, 2014): 3. http://dx.doi.org/10.19093/res.v16i31.1977.
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Given that stock markets may act as an economy mirror, it is explored the sensitivity of company-sector-specific stock returns to macroeconomic news reflecting different economic environments for the UK, US, Germany, Japan and Australian markets between March 1993 and February 2013 using monthly data. Results seem to indicate that portfolio investors need to be aware that movements in the market index is the best predictor to forecast stock returns of individual companies and sectors in developed economies. Sentiment influences individual company’s returns of the utilities sector, even if these are considered of limited growth and stable earnings, for UK, USA and Australia, turning investor confidence a relevant variable to be included. Information increases about industrial production have no influence on company and sector stocks, thus not affecting investor’s decision in developed countries. As for Japan, results seem to indicate that the higher the need of oil imports of a country, the higher will be the positive impact of oil price changes over company returns. Finally, the riskless interest rate has no effect on sector stock returns independently of the country under analysis. For developed economies, we confirm the finding that stocks cannot be used as a hedge against inflation.
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Murray, Simone. "Think Global, Act Global: Corporate Content Streaming and Australian Media Policy." Media International Australia 116, no. 1 (August 2005): 100–116. http://dx.doi.org/10.1177/1329878x0511600111.
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Australia's media policy agenda has recently been dominated by debate over two key issues: media ownership reform, and the local content provisions of the Australia–United States Free Trade Agreement. Challenging the tendency to analyse these issues separately, the article considers them as interlinked indicators of fundamental shifts occurring in the digital media environment. Converged media corporations increasingly seek to achieve economies of scale through ‘content streaming’: multi-purposing proprietary content across numerous digitally enabled platforms. This has resulted in rivalries for control of delivery technologies (as witnessed in media ownership debates) as well as over market access for corporate content (in the case of local content debates). The article contextualises Australia's contemporary media policy flashpoints within international developments and longer-term industry strategising. It further questions the power of media policy as it is currently conceived to deal adequately with the challenges raised by a converging digital media marketplace.
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Razzaq, Bilal, Sabra Noveen, Adeel Mustafa, and Rabia Najaf. "ARBITRAGE PRICING MODEL IN RELATION TO EFFICIENT MARKET HYPOTHESES." International Journal of Research -GRANTHAALAYAH 4, no. 7 (July 31, 2016): 137–49. http://dx.doi.org/10.29121/granthaalayah.v4.i7.2016.2605.
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The purpose of this thesis is to distinguish between efficient and inefficient markets and check the validity and efficiency of Arbitrage Pricing Theory in these markets (United States and Hong Kong).
In order to distinguish between efficient and inefficient markets, Durbin Watson Autocorrelation tests were applied on 12 stock exchanges name EUROPE, HONG KONG, INDIA, TAIWAN, AMSTERDAM, MALAYSIA, UNITED STATES, CANADA, TOKYO, AUSTRALIA, AUSTRIA, and SWITZERLAND. Furthermore, the efficiency was further checked through comparison of the market and locally listed mutual funds. After the selection of Hong Kong and United States Stock Exchanges, 10 macroeconomic variables (Inflation, Short Term Interest Rate, Long Term Interest Rate, Exchange Rate, Money Supply, Gold Prices, Oil Prices, Industrial Production Index, Market Return and Unemployment Rate were tested upon so that the APT model could be constructed. Tests like Normality and Multi-co-linearity were performed. Principle Component Analysis was used to reduce the number of variables. After all the above mentioned tests 4 variables were chosen to represent the APT in both the Hong Kong and United States Stock Exchanges. Lastly OLS Regression was applied to study the effect of these macroeconomic variables on the stock prices.
The results showed that Hong Kong Stock Exchange was the most efficient while United States Stock Exchange fell in the inefficient category. The efficiency of APT was proven through the analysis of the value of R2. This value proved that when similar model of APT is applied in two different stock exchanges, the results would be more efficient in an efficient market like Hong Kong.
This is the first attempt at constructing an APT Model based on the economic conditions in one country and applying the same model in a highly efficient market; in order to relate the performance of APT with market efficiency.
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Suprun, E., R. AlMeshari, T. Liu, R. A. Stewart, and S. Duran. "Beyond compliance in the construction sector: Mapping the modern slavery statements through content analysis." IOP Conference Series: Earth and Environmental Science 1101, no. 3 (November 1, 2022): 032018. http://dx.doi.org/10.1088/1755-1315/1101/3/032018.
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Abstract Modern slavery is considered a widely recognized issue within labour-intensive markets of the construction industry. The recent introduction of the Modern Slavery Act 2018 (Cth) in Australia, has pragmatically pressured construction companies into publishing modern slavery statements that explore the methods in how they have managed to tackle and address the presence of modern slavery within their business and supply chains. This paper, as a part of an ongoing research project, conducts a content analysis to examine Australian modern slavery statements to identify common practices among Australian construction firms. For this purpose, we collected 62 modern slavery statements from construction companies that had issued such statements after the introduction of the regulatory requirement in Australia. The analysis uncovers diverse reporting practices in relation to the corporate commitment and governance, traceability and risk assessment, recruitment, purchasing practices, worker voice, remediation, and monitoring. The paper provides a baseline of understanding about the content and substance of modern slavery statements as a foundation for future research into developing an integrated framework for evaluating the performance on addressing modern slavery.
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Dolan, David. "The Academy, the Market and the Art Museums in the Repositioning of Australian Aboriginal Art." RACAR : Revue d'art canadienne 28 (2001): 56. http://dx.doi.org/10.7202/1069783ar.
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FIELKE, SIMON J., and DOUGLAS K. BARDSLEY. "A Brief Political History of South Australian Agriculture." Rural History 26, no. 1 (March 9, 2015): 101–25. http://dx.doi.org/10.1017/s095679331400017x.
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Abstract:This paper aims to explain why South Australian agricultural land use is focused on continually increasing productivity, when the majority of produce is exported, at the long-term expense of agriculturally-based communities and the environment. A historical analysis of literature relevant to the agricultural development of South Australia is used chronologically to report aspects of the industry that continue to cause concerns in the present day. The historically dominant capitalist socio-economic system and ‘anthropocentric’ world views of farmers, politicians, and key stakeholders have resulted in detrimental social, environmental and political outcomes. Although recognition of the environmental impacts of agricultural land use has increased dramatically since the 1980s, conventional productivist, export oriented farming still dominates the South Australian landscape. A combination of market oriented initiatives and concerned producers are, however, contributing to increasing the recognition of the environmental and social outcomes of agricultural practice and it is argued here that South Australia has the opportunity to value multifunctional land use more explicitly via innovative policy.
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Drury, Nevill. "Australian art books and the international marketplace." Art Libraries Journal 13, no. 4 (1988): 26–28. http://dx.doi.org/10.1017/s0307472200005964.
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Art book publishers in countries remote from the main world markets have to overcome formidable problems if they are to succeed in publishing books on the art and artists of their own countries. Quality cannot be sacrificed, but the books must be economically viable. Co-publishing offers the best strategy for increasing sales of appropriate publications overseas; co-editions, featuring well known artists, may do well enough to subsidise other books which have an important contribution to make to the documentation of the nation’s art but which are less likely to sell abroad.
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Dwyer, Bruce, Keith Duncan, and Colette Southam. "Small-scale private equity: demand versus supply." Accounting Research Journal 33, no. 2 (January 30, 2020): 363–80. http://dx.doi.org/10.1108/arj-05-2019-0096.
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Purpose This paper aims to bridge the gap between theoretical dissertations on the demand and supply for equity by Australian small and medium-sized enterprises (SMEs) and the reality of the capital raising markets. Design/methodology/approach The mixed-methods approach includes questions integrated into a survey of 26,000 SMEs paired with semi-structured interviews with the CEOs or Chairs of the 15 Australian small-scale private equity (SSPE) firms. Findings Contrary to capital structure theory expectations, 46 per cent of Australian SMEs are interested in equity funding, despite a stated ability to acquire additional debt. The authors reveal a mismatch between supply and demand for SSPE with few SMEs able to meet private equity (PE) firms’ stringent investment criteria. Research limitations/implications The population of Australian SSPE firms is small and interviewee responses are qualitative and are not easily replicated. Practical implications To improve SSPE market liquidity, SMEs must overcome severe information asymmetry to demonstrate their quality and reduce the cost of due diligence for PE firms. One relatively easy step is for SMEs to voluntarily adopt auditable financial controls on SMEs similar to publicly traded firms. Originality/value Few studies focus on small firm equity, which is essential to economic growth and innovation. The authors use a large data set of Australian SMEs and unique informationally rich interview data on the population of Australian firms in SSPE, an industry known for its lack of transparency.
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Hudson, Debra, Oscar Alves, Harry H. Hendon, Eun-Pa Lim, Guoqiang Liu, Jing-Jia Luo, Craig MacLachlan, et al. "Corrigendum to: ACCESS-S1: The new Bureau of Meteorology multi-week to seasonal prediction system." Journal of Southern Hemisphere Earth Systems Science 70, no. 1 (2020): 393. http://dx.doi.org/10.1071/es17009_co.
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ACCESS-S1 will be the next version of the Australian Bureau of Meteorology's seasonal prediction system, due to become operational in early 2018. The multiweek and seasonal performance of ACCESS-S1 has been evaluated based on a 23-year hindcast set and compared to the current operational system, POAMA. The system has considerable enhancements compared to POAMA, including higher vertical and horizontal resolution of the component models and state-ofthe-art physics parameterisation schemes. ACCESS-S1 is based on the UK Met Office GloSea5-GC2 seasonal prediction system, but has enhancements to the ensemble generation strategy to make it appropriate for multi-week forecasting, and a larger ensemble size.ACCESS-S1 has markedly reduced biases in the mean state of the climate, both globally and over Australia, compared to POAMA. ACCESS-S1 also better predicts the early stages of the development of the El Niño Southern Oscillation (through the predictability barrier) and the Indian Ocean Dipole, as well as multi-week variations of the Southern Annular Mode and the Madden-Julian Oscillation — all important drivers of Australian climate variability. There is an overall improvement in the skill of the forecasts of rainfall, maximum temperature (Tmax) and minimum temperature (Tmin) over Australia on multi-week timescales compared to POAMA. On seasonal timescales the differences between the two systems are generally less marked. ACCESS-S1 has improved seasonal forecasts over Australia for the austral spring season compared to POAMA, with particularly good forecast reliability for rainfall and Tmax. However, forecasts of seasonal mean Tmax are noticeably less skilful over eastern Australia for forecasts of late autumn and winter compared to POAMA.The study has identified scope for improvement of ACCESS-S in the future, particularly 1) reducing rainfall errors in the Indian Ocean and Maritime Continent regions, and 2) initialising the land surface with realistic soil moisture rather than climatology. The latter impacts negatively on the skill of the temperature forecasts over eastern Australia and is being addressed in the next version of the system, ACCESS-S2.
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Hudson, Debra, Oscar Alves, Harry H. Hendon, Eun-Pa Lim, Guoqiang Liu, Jing-Jia Luo, Craig MacLachlan, et al. "ACCESS-S1 The new Bureau of Meteorology multi-week to seasonal prediction system." Journal of Southern Hemisphere Earth Systems Science 67, no. 3 (2017): 132. http://dx.doi.org/10.1071/es17009.
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ACCESS-S1 will be the next version of the Australian Bureau of Meteorology's seasonal prediction system, due to become operational in early 2018. The multiweek and seasonal performance of ACCESS-S1 has been evaluated based on a 23-year hindcast set and compared to the current operational system, POAMA. The system has considerable enhancements compared to POAMA, including higher vertical and horizontal resolution of the component models and state-ofthe-art physics parameterisation schemes. ACCESS-S1 is based on the UK Met Office GloSea5-GC2 seasonal prediction system, but has enhancements to the ensemble generation strategy to make it appropriate for multi-week forecasting, and a larger ensemble size.ACCESS-S1 has markedly reduced biases in the mean state of the climate, both globally and over Australia, compared to POAMA. ACCESS-S1 also better predicts the early stages of the development of the El Niño Southern Oscillation (through the predictability barrier) and the Indian Ocean Dipole, as well as multi-week variations of the Southern Annular Mode and the Madden-Julian Oscillation — all important drivers of Australian climate variability. There is an overall improvement in the skill of the forecasts of rainfall, maximum temperature (Tmax) and minimum temperature (Tmin) over Australia on multi-week timescales compared to POAMA. On seasonal timescales the differences between the two systems are generally less marked. ACCESS-S1 has improved seasonal forecasts over Australia for the austral spring season compared to POAMA, with particularly good forecast reliability for rainfall and Tmax. However, forecasts of seasonal mean Tmax are noticeably less skilful over eastern Australia for forecasts of late autumn and winter compared to POAMA.The study has identified scope for improvement of ACCESS-S in the future, particularly 1) reducing rainfall errors in the Indian Ocean and Maritime Continent regions, and 2) initialising the land surface with realistic soil moisture rather than climatology. The latter impacts negatively on the skill of the temperature forecasts over eastern Australia and is being addressed in the next version of the system, ACCESS-S2.
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Evans, J. W. "Commercialisation of AR1 in Australia." NZGA: Research and Practice Series 13 (January 1, 2007): 241–42. http://dx.doi.org/10.33584/rps.13.2006.3062.
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Perennial ryegrass containing a high level of standard (wild) endophyte is a significant component of the feed base for the grazing industries in the high rainfall and irrigated regions of Australia. The AR1 selected endophyte was first commercialised in Australia by Heritage Seeds in autumn 2002 into a market that had low awareness, and a limited understanding, of perennial ryegrass endophyte. The early uptake of AR1 was slow, mainly due to difficulties with delivering a very technical message with limited resources and justifying a significant price increase with no independent supporting data from Australia. Changing the marketing message to focus on the potential benefits from AR1, along with support from the developers of AR1 (AgResearch) and an overall increase in awareness of ryegrass endophyte, saw a dramatic increase in the uptake of AR1 varieties in 2005 and 2006. It is expected that this trend toward selected endophytes will continue into the future. Keywords: perennial ryegrass, endophyte, AR1, commercialisation
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Wilson-Anastasios, Meaghan. "Joining the dots: Analysing the sustainability of the Australian Aboriginal art market." Diogenes 58, no. 3 (August 2011): 22–34. http://dx.doi.org/10.1177/0392192112452081.
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HIGGS, HELEN, and ANDREW WORTHINGTON. "Financial Returns and Price Determinants in the Australian Art Market, 1973-2003*." Economic Record 81, no. 253 (June 2005): 113–23. http://dx.doi.org/10.1111/j.1475-4932.2005.00237.x.
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Hawthorne, Lesleyanne. "“Picking Winners”: The Recent Transformation of Australia's Skilled Migration Policy." International Migration Review 39, no. 3 (September 2005): 663–96. http://dx.doi.org/10.1111/j.1747-7379.2005.tb00284.x.
Full textAbstract:
From 1980 to 1996, Australian researchers identified consistently inferior labor market outcomes for professionals from non-English-speaking background source countries. In 1997, the incoming conservative government initiated a major review of Australia's skilled migration program, based on a determination to ‘select for success' among applicants. Subsequent initiatives included mandatory English language testing, rigorous qualifications screening, incentives for international students to migrate, and abolition of income support in the first two years post-arrival. This article provides a detailed analysis of factors leading to this policy transformation. Labor market outcomes for 2001 are defined, including a halving of unemployment among recently arrived migrants.