The Australian Federal Government is regulating the child care industry into the ground (I’ve noted this before).
.
As of September 1 2009, it’s even worse.
New regulations coming into force allow bureaucrats to fine child care centres $44,000 for a mistake, including mis-spellings when entering the computer, and $22,000 for individuals.
Yep, that’s right… workers who [...]
There’s going to be an enquiry into higher education in Australia. Indian student representatives said that this is well overdue, because students don’t have adequate consumer protection.
But the higher education industry in Australia has a range of problems that will not be solved by an enquiry.
* Australian universities’ ability to innovate in revenue strategies has [...]
Australian politicians have been patting themselves on the back for avoiding the recession that much of the Western world has fallen into, most notably the United States. Our “soft landing” is attributed to two things: a clever “stimulus” package that injected money into the economy to keep things humming along; and the strength of the [...]
Also tagged china, economicsThe Federal Government was recently advised that child care costs should increase. The increase will mostly be for increased carer training: all carers will have to be TAFE or university trained. It will also cover stricter standards, and lower child-carer ratios.
This is the most wrong-headed, brain-addled advice that could possibly be given to the government [...]
American Universities have been hurting from the global financial crisis. Now apparently Australian universities are hitting tough times too: top universities bleeding millions. The fact that they are ‘public sector’ didn’t insulate them after all.
The crash of the universities’ financial reserves, which will reduce their ability to fund building projects, scholarships and research, will add [...]
The wisdom of crowds is put to the test: Can markets predict the likelihood of a swine flu pandemic?
Or rather, can they accurately predict the probability? There seem to be plenty of indicators that can be used, ranging from shares in anti-virals to virtual betting markets. The only question is whether those estimates have any [...]
American private universities rely heavily on endowments. The New York Review of Books reports that the financial crisis has carved a swathe through their assets. The article is very pessimistic, mostly because universities will no longer be able to subsidise poor students.
However, this has to be good in the long run.
A dose of some “market [...]