ACN Business

Federal R&D funding boosts productivity for the whole economy − making big cuts to such government spending unwise

Written by Andrew Fieldhouse, Visiting Assistant Professor of Finance, Texas A&M University

Large cuts to government-funded research and development can endanger American innovation – and the vital productivity gains it supports.

The Trump administration has already canceled at least US$1.8 billion in research grants previously awarded by the National...

Green finance was supposed to contribute solutions to climate change. So far, it’s fallen well short
Robb Miller/UnsplashA decade ago, a seminal speech by Mark Carney, then governor of the Bank of England and current Canadian …
Some people choosing DIY super are getting bad advice, watchdog warns
Maskot/GettyIt’s no secret Australians are big fans of a do-it-yourself (DIY) project. How many other countries have a …
Is AI really coming for our jobs and wages? Past predictions of a ‘robot apocalypse’ offer some clues
Getty ImagesThe robots were taking our jobs – or so we were told over a decade ago. The same warnings are regularly hea…
AI can help the government spend billions better. But humans have to be in charge
Getty ImagesThe New Zealand government spends about NZ$51.5 billion each year – around 20% of GDP – on goods, ser…
‘America’s big case’: the US Supreme Court raises doubts about Trump’s tariff regime
The US Supreme Court has heard arguments overnight on the legality of President Donald Trump’s “liberation day&rd…
As retail workers brace for the silly season, this 20c solution could dial down customer verbal abuse
More than 1.4 million people are employed in Australian retail and fast food businesses. Sadly, it’s not always a happy…

Traditions of Rural Bali at Villa Sabana
A Privileged Insight into the Traditions of Rural Bali at Villa Sabana Situated in the traditional village of Pererenan near Canggu, Villa Sabana is peacefully secluded in a semi-rural setting where…

Understanding the Importance of Property Valuation Services in Darwin
Introduction Darwin’s property market is known for its unique blend of residential, commercial, and rural investments. With constant changes in market demand, infrastructure development, and lifestyle shifts, understanding the real value…

What cost-of-living crisis? Luxury travel is booming – and set to grow further
surachet khamsuk/ShutterstockAbout ten years ago, while working at Badrutt’s Palace Hotel in the Swiss town of St Moritz, I was shocked to learn a guest once requested an elephant be…
Can You See Who Viewed Your Video After Purchasing Views?
YouTube, as one of the world's most popular video-sharing platforms, allows content creators to reach vast audiences with their videos. Naturally, many creators are curious about the individuals watching their…
Housing affordability is a problem. Here's why super-for-housing isn’t a solution
The idea that young Australians should be able to dip into their super to help buy their first home keeps going round and round. The most recent iteration put forward…

A new generation of young Australian small business owners is redefining success, driven by a desire to create a lasting legacy through the positi...

In a world where many small businesses are still trying to work out how to actually use AI (not just talk about it), Australian fintech LoanOption...

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...