Daily Bulletin

Business Mentor

.

  • Written by William Isdale, Research Assistant, Melbourne Law School, University of Melbourne

The role of declared gifts and donations has driven a lot of discussion around government corruption in recent years. But what about the clique of developers, banks and superannuation companies who reap the benefits of policies and approvals that preserve monopolies?

How do we decide who the winners and losers are in society, without even going into the more obvious acts of money changing hands for sweetheart deals between friends?

Cameron Murray is a lecturer in economics at the University of Queensland and the co-author (with Paul Frijters) of the Game of Mates. The book explores the murky world of “grey gifts”: favours and promises given to bureaucrats and politicians in order to secure favourable decisions and judgements.

The University of Melbourne’s William Isdale spoke with Murray on how these arrangements occur, who benefits, and who ultimately foots the bill.

Subscribe to The Conversation’s Speaking With podcasts on iTunes, or follow on Tunein Radio.

Music

Authors: William Isdale, Research Assistant, Melbourne Law School, University of Melbourne

Read more http://theconversation.com/speaking-with-cameron-murray-on-grey-corruption-and-the-game-of-mates-81085

Business News

10 Essential Factors to Consider When Buying a Forklift

Purchasing a forklift is a significant investment for any business, whether you're in warehousing, construction, manufacturing, or logistics. With a plethora of options available in the market, it's...

Daily Bulletin - avatar Daily Bulletin

How to Get the Best Value When Buying Cardboard Boxes

Cardboard boxes have become an indispensable part of daily life, whether for moving houses, shipping products or simply for storage purposes. The key to making the most out of these versatile contai...

Daily Bulletin - avatar Daily Bulletin

BYD Expands in Australia: Introducing Chinese Dealerships and Pioneering Innovative Operations

Recently, BYD has been generating significant buzz with the launch of its two new stores in Melbourne and Sydney, revealing some exciting developments. Notably, BYD’s Chairman, Wang Chuanfu, graced ...

Daily Bulletin - avatar Daily Bulletin

Tomorrow Business Growth