Category Archives Economics

Fed Govt refuses to rescue Auspine. The bickering between the Tasmanian and federal governments over how to help Auspine has taken another turn, with federal Forestry Minister Eric Abetz saying financial help for the Scottsdale sawmiller is a matter for the state. [ABC News: Business Stories]

Trade in emissions permits is a good thing. Tim Colebatch gives us an apparent scoop in The Age: we won’t reduce emissions by 5% by 2020. Treasury modelling estimates that even with a cleaner, more effective model than the one now adopted, Australia’s emissions in 2020 would rise 5.8 per cent above 2000 levels. We would pump out more emissions…

Apple Posts $1.21 Billion Profit for Q2 2009. The weak economy is hurting Mac sales to professional and educational customers, but consumer sales and the iPhone and iPod touch have lifted Apple to another impressive financial quarter. Ending the second quarter of 2009, Apple reported a $1.21 billion profit on revenue of $8.16 billion, or $1.33 per diluted share (those…

Educational Catchup Downunder. A wonderfully ambitious paper just published in the new Journal of Human Capital combines school enrollment data and demographic tables to estimate educational attainment rates for 74 countries over the period 1870-2010. HereХ

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