Business News

how we value the fruits of our labour over instant gratification

Written by Gary Mortimer, Associate Professor in Marketing and Consumer Behaviour, Queensland University of Technology

The IKEA effect says 'that labour alone can be sufficient to induce greater liking for the fruits of one’s labour'.Shutterstock

There are some anecdotes just so good that almost every story about a particular economic principle begins the same. So too this article begins with cake mix.

In the 1950, the story goes, US food company General Mills...

Iran wants oil tariffs paid in Chinese yuan – is the power of the US petrodollar in decline?
Fadel Senna /AFP via Getty ImagesAfter weeks of blockades by Iran and the United States in the Strait of Hormuz, it’s c…
Family and business trusts could soon have to pay more tax – with a few likely exceptions
Should some of Australia’s more than 1 million family and small business trusts face higher taxes in future, bringing t…
After dumping Inland Rail, Australia has no plan to stop relying on diesel trucks for freight
Double stacked cargo freight trains like this were planned for the Inland Rail -- until its northern half from central NSW to…
Amazon Australia Launches Fresh Grocery Delivery with Harris Farm Markets in Canberra
Eligible Canberra customers can now shop Harris Farm's seasonal quality fruit and veg, proper meats, and specialty grocery…
Landlords pay almost $7 billion a year more in tax than home owners, pushing rents higher
In Tuesday’s federal budget, the government is widely expected to bring in changes to how investment properties are tax…
Over half of ANZ SMBs operate without a dedicated security team: Zoho
AI-driven threats and an affordability gap are leaving small businesses exposed, with attack rates tracking the global av…

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…

NEW SOUTH WALES ABORIGINAL LAND COUNCIL LODGE COMPLAINT WITH THE AUSTRALIAN HUMAN RIGHTS COMMISSION ON CROWN LANDS BILL
The New South Wales Aboriginal Land Council (NSWALC) has formally lodged a complaint with the Australian Human Rights Commission (AHRC) regarding the Crown Land Management Amendment (Statutory Review) Bill 2026…

Life’s big moments can impact an entrepreneur’s success – but not always in the way you’d expect
William Fortunato/PexelsEntrepreneurs are the lifeblood of any innovative economy. New business creation has been shown to have a significant and positive impact on economic growth, innovation and job creation. But…
Underlying Australia's inflation problem is a historic shift of income from workers to corporate profits
shutterstockShutterstockThe three years since the onset of the pandemic have witnessed a dramatic redistribution of national income, away from labour compensation and towards business profits. No one should be surprised…
Navigating the Future: The Role of Artificial Intelligence in Driving Business Innovation
Table of Contents Introduction: The AI Revolution in Business Understanding Artificial Intelligence: A Brief Overview AI Applications Driving Innovation Enhancing Decision-Making with AI Challenges in Implementing AI Solutions The Future of AI in Business Innovation Conclusion: Embracing…

Pre-Budget Expectations

“Australian corporates and SMBs are under pressure. Competition from global players is intensifying, margins are under strain, and technology adop...

“Time is running out to get Payday ready,” Brighter Super urges

Superannuation fund Brighter Super is encouraging business owners to prepare now for Payday Super, ahead of the new laws taking effect from 1 July...

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

PayNuts, one of Australia’s fastest-growing payment service providers, has unveiled a refreshed brand identity and an expanded suite of integrated b...

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement. Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

how we value the fruits of our labour over instant gratification

Iran wants oil tariffs paid in Chinese yuan – is the power of the US petrodollar in decline?

Family and business trusts could soon have to pay more tax – with a few likely exceptions

After dumping Inland Rail, Australia has no plan to stop relying on diesel trucks for freight

Amazon Australia Launches Fresh Grocery Delivery with Harris Farm Markets in Canberra

Landlords pay almost $7 billion a year more in tax than home owners, pushing rents higher

Over half of ANZ SMBs operate without a dedicated security team: Zoho

Traditions of Rural Bali at Villa Sabana

NEW SOUTH WALES ABORIGINAL LAND COUNCIL LODGE COMPLAINT WITH THE AUSTRALIAN HUMAN RIGHTS COMMISSION ON CROWN LANDS BILL

Life’s big moments can impact an entrepreneur’s success – but not always in the way you’d expect

Underlying Australia's inflation problem is a historic shift of income from workers to corporate profits

Navigating the Future: The Role of Artificial Intelligence in Driving Business Innovation

Pre-Budget Expectations

“Time is running out to get Payday ready,” Brighter Super urges

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers