The Aging Population, Superannuation and Corporate Dividend Policy. The project intends to examine how population wealth and age affect one important aspect of corporate decision-making, namely dividend policy. Researchers invest considerable effort in understanding how demographics impact upon the need for, and structure of, government systems including social security and taxation, but relatively little is known about its effect on capital markets or corporate decision-making. Although individ ....The Aging Population, Superannuation and Corporate Dividend Policy. The project intends to examine how population wealth and age affect one important aspect of corporate decision-making, namely dividend policy. Researchers invest considerable effort in understanding how demographics impact upon the need for, and structure of, government systems including social security and taxation, but relatively little is known about its effect on capital markets or corporate decision-making. Although individual investors are, by nature, atomistic, the project argues changes in investor preferences will ultimately prompt companies to alter their dividend policies. Pressure on firms to update these policies will come from superannuation and pension fund managers who, as fiduciaries, will invest money consistent with clients' revised preferences. The project aims to more fully characterise how Australia's ageing population will affect the public and private sectors.Read moreRead less
Honesty and efficiency in the provision of expert services: doctors and other experts as participants in economic experiments. Experts serve us when we see the doctor, the financial planner or the car mechanic. In all these case the expert can take advantage of his superior knowledge and sell us something we do not need. This research will inform policy makers about the underlying motives of real world experts and allow them to design better institutions.
Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use ad ....Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use advanced statistical methods to estimate the benefits of clearer decision-making. The outcomes of this project includes new models of complex financial decisions, and a better understanding of where confusion arises and the effects it may have. Decreased confusion will raise financial well-being and help communities become more resilient to financial shocks.Read moreRead less
Problem Gambling: effects on families, children and spouses. This project aims to produce evidence that can be used to address problem gambling in Australia. Problem gambling is a major issue, costing Australians over $4.7 billion per year. Better understanding of problem gambling and better policy coming from our project have the potential to significantly improve the lives of Australians--their labour market performance, their mental health and the quality of their relationships. This proj ....Problem Gambling: effects on families, children and spouses. This project aims to produce evidence that can be used to address problem gambling in Australia. Problem gambling is a major issue, costing Australians over $4.7 billion per year. Better understanding of problem gambling and better policy coming from our project have the potential to significantly improve the lives of Australians--their labour market performance, their mental health and the quality of their relationships. This project will generate new knowledge by using a novel approach where problem gamblers are considered in the context of their families. Using quantitative data over more than 10 years, this project seeks to produce new evidence about how problem gamblers affect their families and how families help or harm gamblers.Read moreRead less
Understanding the Factors which Underlie Successful Refugee Integration in the Australian Workplace. There is general agreement that more needs to be done to integrate refugees into the Australian workplace. This project aims to: identify psychological predictors that enable refugee workers to succeed in maintaining their employment and perform at a higher level; examine the importance of workplace and social support to refugee workplace integration, and the groups for which it may have the grea ....Understanding the Factors which Underlie Successful Refugee Integration in the Australian Workplace. There is general agreement that more needs to be done to integrate refugees into the Australian workplace. This project aims to: identify psychological predictors that enable refugee workers to succeed in maintaining their employment and perform at a higher level; examine the importance of workplace and social support to refugee workplace integration, and the groups for which it may have the greatest benefit; and, investigate the effectiveness of a training program as an intervention to enhance refugee job performance and retention. Results will have significant benefits for refugees, their employers and their communities, and will provide a road-map to improve integration of refugees into Australian society.Read moreRead less
The Wealth and Asset Holdings of Native- and Foreign-born Australian Families. The national/community benefits of this project are twofold. First, understanding net worth, portfolio allocation, and wealth accumulation is central to a number of Australian policy debates. Our ability to lessen the budget pressures caused by population aging will rest on finding incentives for families to accumulate more personal wealth, while the ability of immigration to solve this budget problem rests on determi ....The Wealth and Asset Holdings of Native- and Foreign-born Australian Families. The national/community benefits of this project are twofold. First, understanding net worth, portfolio allocation, and wealth accumulation is central to a number of Australian policy debates. Our ability to lessen the budget pressures caused by population aging will rest on finding incentives for families to accumulate more personal wealth, while the ability of immigration to solve this budget problem rests on determining whether foreign- and native-born families accumulate wealth in the same way. Second, this project allows Australia to make a unique contribution to the international evidence on the relationship between race, ethnicity, and nativity and economic well being. Read moreRead less
Older workers & psychological contracts: A dynamic perspective. This project aims to track the trajectories of older workers’ psychological contracts that shape their give-and-take with the organisation. Little is understood about how these psychological contracts change as older workers continue to pursue work through their fifth, sixth, seventh and eighth decades of life. This project tracks older workers over intensive, repeated in-depth interviews and a large-scale longitudinal panel study. ....Older workers & psychological contracts: A dynamic perspective. This project aims to track the trajectories of older workers’ psychological contracts that shape their give-and-take with the organisation. Little is understood about how these psychological contracts change as older workers continue to pursue work through their fifth, sixth, seventh and eighth decades of life. This project tracks older workers over intensive, repeated in-depth interviews and a large-scale longitudinal panel study. The outcomes fill significant gaps in our understanding of older workers’ needs and orientation toward work, and identify the age-related changes and organisational practices that spur older workers to sustain a strong trajectory of productive participation in the workforce.Read moreRead less
Public Policy and Immigrant Settlement in Australia. The proposed research will assess the relative importance of labour market conditions, income-support policy, and immigrant selection criteria in facilitating the settlement of recent immigrants in Australia. The project will be the first major academic study to make use of the complete data from the Longitudinal Survey of Immigrants to Australia to compare two cohorts of recent immigrants who arrived under different policy settings and econom ....Public Policy and Immigrant Settlement in Australia. The proposed research will assess the relative importance of labour market conditions, income-support policy, and immigrant selection criteria in facilitating the settlement of recent immigrants in Australia. The project will be the first major academic study to make use of the complete data from the Longitudinal Survey of Immigrants to Australia to compare two cohorts of recent immigrants who arrived under different policy settings and economic conditions and whose initial settlement outcomes varied dramatically. The results will advance our understanding of how immigrants adjust to Australia and will be useful for future policy development.
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A longitudinal study of the interaction of home and school language in three Aboriginal communities. The importance of language skills cannot be underestimated, and contribute to 'a healthy start to life'. In multilingual Indigenous communities, children must negotiate the complexities of different languages used for different purposes. This project will provide detailed insights into how children manage differences between home and school language, the kinds of problems they encounter when the ....A longitudinal study of the interaction of home and school language in three Aboriginal communities. The importance of language skills cannot be underestimated, and contribute to 'a healthy start to life'. In multilingual Indigenous communities, children must negotiate the complexities of different languages used for different purposes. This project will provide detailed insights into how children manage differences between home and school language, the kinds of problems they encounter when they enter the school system, and how their languages develop over the first four crucial years of school which provide the foundation for the children's future education. Their ability to manage the language of school underpins their ability to lead successful and engaged lives as adults. Read moreRead less
Conditional welfare: A comparative case study of income management policies. Using an innovative methodology that incorporates a cross-national comparison of policy design and practice, this project aims to explore the effects of income management policies. The research will provide new insights into compulsory income management in Australia, and its more recent introduction in New Zealand. The expected outcomes will provide benefits, such as a richer understanding of human agency, autonomy and ....Conditional welfare: A comparative case study of income management policies. Using an innovative methodology that incorporates a cross-national comparison of policy design and practice, this project aims to explore the effects of income management policies. The research will provide new insights into compulsory income management in Australia, and its more recent introduction in New Zealand. The expected outcomes will provide benefits, such as a richer understanding of human agency, autonomy and social identity in the context of social policy.Read moreRead less