Business Commons^™

The Australian Firearms Buyback And Its Effect On Gun Deaths, Wang-Sheng Lee, Sandy Suardi

Sandy Suardi

The 1996-1997 National Firearms Agreement (NFA) in Australia introduced strict gun laws, primarily as a reaction to the mass shooting in Port Arthur, Tasmania, in 1996, where 35 people were killed. Despite the fact that several researchers using the same data have examined the impact of the NFA on firearm deaths, a consensus does not appear to have been reached. In this paper, we reanalyze the same data on firearm deaths used in previous research, using tests for unknown structural breaks as a means to identifying impacts of the NFA. The results of these tests suggest that the NFA did …

Nonstationarity, Cointegration And Structural Breaks In The Australian Term Structure Of Interest Rates, Sandy Suardi

Sandy Suardi

This article examines the unit-root property of the Australian short- and long-term interest rates using unit-root tests that accommodate a single or two breaks under the null and/or alternative hypothesis. Two breaks in interest rates are found to coincide with the 1982/83 and 1990/91 recessions or the 1993 inflation targeting period. We further investigate the implications of these structural breaks on the cointegrating relationship implied by the single, linear expectations hypothesis of the term structure of interest rates. While there is evidence that the data are consistent with the expectations hypothesis at the shorter end of the term structure, breaks …

Why Do Companies Fail? Considering The Key Problems And Success Factors In Modelling Failure Prediction In An Australian Context, William Wilkinson

Bill Wilkinson

Corporate failure is a regularly recurring problem for stakeholders, particularly investors, creditors and customers. Early attempts at predicting such failure typically relied on analysis of individual performance measurements such as accounting ratios; it was not until the late 1960s that a modelling approach to the problem started to evolve. Altman's Z-score model was the first approach to combine a series of weighted ratios using the statistical technique of multiple discriminant analysis (MDA) to arrive at a final score, which was used to determine whether or not a company was likely to fail. Substantial research has followed over the subsequent 40 …

The Development Of A Multi Variant Model For Market Intelligence Data Gathering For Australian Micro Businesses And Smes - A First Step In Unravelling The Paradox Of Big Picture Thinking By Small Market Players, Pauline Ross, Lee Styger

Lee Styger

Micro businesses and SMEs have typically been encouraged to develop and implement "professional" business processes that will enable them to understand their business environment. The driver of this trend has typically come from a growth in the use of external "expert" sources (i.e. consultants and sponsored agents) who are not always fully associated with the business. This growth in external intervention has typically triggered an evolution in contemporary thinking and literature, that would lead us to believe that micro businesses and SMEs operate in a similar way, and with a similar structure, as larger organisations. This paper focuses on some …

Assessing The Effectiveness Of Research Management In Australian Commerce And Business Faculties: The View From Within, Mark Rix, David Aylward, Rob Macgregor, John Glynn

Mark Rix

No abstract provided.

Australian Tax Analysis: Cases, Commentary, Commercial Applications And Questions, Cynthia Coleman, Geoffrey Hart, Brett Bondfield, Margaret Mckerchar, John Mclaren, Kerrie Sadiq, Antony Ting

John McLaren

No abstract provided.

What Does The Future Hold For Pacific Tax Havens: A Critical Review Of The Campaign Being Mounted Against These Small Nations By The Australian Government And The Oecd?, John Mclaren

John McLaren

No abstract provided.

What Does The Future Hold For Pacific Tax Havens: A Critical Review Of The Campaign Being Mounted Against These Small Nations By The Australian Government And The Oecd, John Mclaren

John McLaren

No abstract provided.

(Re)Form With Substance? Restructuring And Governance In The Australian Health System 2004/05, Mark Rix, Kathy Eagar, Alan Owen

Alan G Owen

No abstract provided.

Performance Auditing: The Jurisdiction Of The Australian Auditor General - De Jure Or De Facto? A Comment, John Glynn

John J Glynn

As Parker and Guthrie (1991) state, the question of the Australian Auditor- General’s performance audit mandate has become an issue of much debate over the last two decades.

The initial development of performance auditing by the Australian Audit Office (AAO) can be traced back to the early 1970s. In part this was due to the application of existing powers provided by Section 54 of the Audit Act 1901. These investigations were termed by the AAO ‘project audits’. Amendments to the Act, in 1979, additionally permitted the AAO to undertake efficiency audits in addition to fiscal regularity audits. The problem, since …

Australian Federal Financial Control And Accountability - A Review, J Glynn, M Mccrae

John J Glynn

Westminster systems of government are often typified by public sector organisations which act as agents of production and distribution. Their activities may be limited either to the provision of ‘public’ goods in situations of market failure or, as is more popularly the case under Westminster systems of government, they may be required to act as direct instruments for the implementation of the economic and welfare policies of the government of the day, as in the United Kingdom, Canada and Australia. Recent years have seen severe criticism in all these countries of the effectiveness of the financial control and accountability processes …

Assessing The Effectiveness Of Research Management In Australian Commerce And Business Faculties: The View From Within, Mark Rix, David Aylward, Rob Macgregor, John Glynn

John J Glynn

No abstract provided.

Evolution Of Australian Government Industry Statement: Building A Competitive Australia, Robert Castle

Robert G. Castle

No abstract provided.

The Australian Labour Government And The Price Accord, Robert Castle

Robert G. Castle

No abstract provided.

The Political Economy Of Australian Capitalism, Robert Castle

Robert G. Castle

No abstract provided.

Employment Prospects For Aboriginals In Rural Labour Markets: Report To Australian Council For Education And Training, Robert Castle

Robert G. Castle

No abstract provided.

Trends In Australian Public Sector Employment, Robert Castle

Robert G. Castle

No abstract provided.

Trade Unions And An Australian Labour Government: A Social Contract For The 80s?, Robert Castle

Robert G. Castle

No abstract provided.