The high cost of financial insecurity: exploring the role of the 'fringe economy' in the lives of low-income Australians. The national benefit from this research has a number of dimensions. The first is to draw the community's attention to the high costs and charges associated with fringe lenders in Australia and the economic and social consequences of accessing these services. The second benefit relates to establishing what sorts of financial products and regulatory measures would offer low-inc ....The high cost of financial insecurity: exploring the role of the 'fringe economy' in the lives of low-income Australians. The national benefit from this research has a number of dimensions. The first is to draw the community's attention to the high costs and charges associated with fringe lenders in Australia and the economic and social consequences of accessing these services. The second benefit relates to establishing what sorts of financial products and regulatory measures would offer low-income Australians a better outcome. A number of states in Australia have recently introduced legislation to limit the interest rates charged by pay-day lenders. The study is very timely in that it offers an opportunity to monitor the impact of these new regulatory measures and consider opportunities for further reform.Read moreRead less
Capturing value on the margins of the global knowledge economy. This project will explain the basis of competitiveness in knowledge economy industries. It is widely understood that high levels of participation in knowledge intensive activities contribute to economic growth and higher wages. There is a need to develop policies to promote Australia's performance in knowledge intensive industries. As such this project addresses a policy problem by analysing the basis of competitiveness in the medic ....Capturing value on the margins of the global knowledge economy. This project will explain the basis of competitiveness in knowledge economy industries. It is widely understood that high levels of participation in knowledge intensive activities contribute to economic growth and higher wages. There is a need to develop policies to promote Australia's performance in knowledge intensive industries. As such this project addresses a policy problem by analysing the basis of competitiveness in the medical instruments and video production industries as exemplar knowledge intensive industries. The findings will provide a basis for formulating new policy support for the knowledge economy which draws on the most recent theoretical insights derived from global production network research.Read moreRead less