Business & Law

The costs of the shutdown are overestimated — they're outweighed by its $1 trillion benefit

18 May 2020

A realistic estimate of the economic costs of a two-year lockdown amounts to $90 billion. The benefit in lives saved amounts to around $1.1 trillion.

The problem during lockdown is that not just a few products per expenditure category are missing when calculating the Consumer Price Index – it can be the entire expenditure category itself. Photo: Shutterstock

What happens to inflation when we cannot buy goods during a lockdown?

15 May 2020

When products are unavailable in a lockdown, consumption growth will be overstated and changes in the cost of living will be underestimated.

Vital Signs: Rules are also signals, which is why easing social distancing is such a problem

15 May 2020

Government rules do more than simply define what is permissible. They also signal information that influences public behaviour in other areas of life.

According to research conducted by CEPAR, the suggested scheme facilitates continued financial support and stability for organisations through the recovery period. Photo: Shutterstock

Policy tool could help businesses to transition from JobKeeper without financial disruption

14 May 2020

CEPAR researchers have identified how the Federal Government's JobKeeper scheme could be phased down as the economy re-opens and recovery takes shape.

Barley, beef and bullies: trade tensions in a COVID-19 world

14 May 2020

Trade boycotts do not usually work and will come at a great cost to the country imposing the ban, says international trade expert Tim Harcourt.

If we want workers to stay home when sick, we need paid leave for casuals

14 May 2020

Almost 37% of Australian workers do not have paid sick leave. We need to fix this if we want people not to turn up to work when sick during the coronavirus pandemic.

Woman walking through busy street with mobile phone

Some improvements required to the COVIDSafe Bill before Parliament

13 May 2020

While the government's COVIDSafe Bill has made significant improvements in the last two weeks, substantial concerns remain, according to UNSW experts.

From directing a drug enterprise to a social enterprise: The story behind CONFIT

13 May 2020

With the collective support of UNSW academics, the Centre for Social Impact and the Founders program, Joseph created CONFIT, a business that provides a supportive network for ex-inmates to reintegrate back into society through fitness.

UNSW and Finity study maps areas most at risk of COVID-19 in Australia

13 May 2020

The COVID-19 Susceptibility Index ranks every postcode where people are at risk of suffering severe symptoms if they become infected.

Five common social media myths busted

12 May 2020

A disclaimer in your social media profile, ‘retweet doesn’t mean endorsement’ will not protect you from possible prosecution, warns UNSW Law expert.

Business & Law

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