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Michael Woods

Michael Woods

Professor of Health Economics, University of Technology Sydney
Professor of Health Economics, UTS. Independent Reviewer of Accreditation System for Health Workforce education. Formerly Commissioner, then Deputy Chairman, Australian Productivity Commission, 1998 to 2014. Presiding Commissioner on Caring for Older Australians. Adviser on Fiscal and Economic Reform in China. Under Treasurer for the ACT.

Most aged care homes are falling short of minimum care standards – new report

Jun 28, 2024 07:48 am UTC| Insights & Views Business

New analysis has revealed many Australian aged care residents are not receiving the levels of care they need and are entitled to. The UTS Ageing Research Collaborative, which we are involved in, recently released its...

The intergenerational report will prepare us for 2063 – but what exactly is it?

Aug 22, 2023 04:25 am UTC| Insights & Views Economy

Treasurer Jim Chalmers is preparing to release the Treasurys sixth Intergenerational Report on Thursday. Whereas the first, in 2002, made projections out to 2042, this one will take us beyond the middle of the century,...

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Economy

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity...

Brexit boredom is one thing – but there’s a real problem when Britain’s leaders won’t even talk about Europe anymore

British politics has, in recent years, been plagued by two competing forces when it comes to Europe. On one side, there is an understanding that the UK and the EU need to rub along, because of their proximity and...

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Politics

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

Japan Discovers 230 Million Ton Manganese Deposits, Boosting EV Battery Industry

Japan has discovered 230 million tonnes of manganese deposits near Minami-Torishima Island, potentially transforming its EV battery industry by significantly reducing reliance on imports and providing enough cobalt and...

Keeping astronauts healthy in space isn’t easy − new training programs will prepare students to perform medicine while thousands of miles away from Earth

In the coming decade, more people will go to space than ever before as human spaceflight enters a new era. NASA, the European Space Agency and other governmental agencies are partnering to develop crewed missions beyond...

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Some of Earth’s most ancient lifeforms can live on hydrogen – and we can learn from their chemical powers

Three-quarters of all matter in the universe is made up of hydrogen. The young Earth was also rich in hydrogen, thanks to fierce geological and volcanic activity. Just as stars burn hydrogen to produce heat and light...

Technology

Bitcoin ETFs Gain Momentum as BlackRock's IBIT Sees $82M Influx

For the fourth consecutive day, U.S. Spot Bitcoin ETFs have recorded positive inflows, bolstered by BlackRocks IBIT, which saw its first significant influx since June 20. Despite Bitcoins price dip below $60,000, investor...

Hamster Kombat Surpasses 150 Million Users, Claims Third-Fastest Growth Record

Hamster Kombat has achieved a remarkable milestone by surpassing 150 million users, making it the third-fastest app in history to reach this number, following the successes of Pokémon GO and Threads. Hamster...

Hong Kong’s Crypto License Surpasses US, and Singapore Regulations in Digital Asset Innovation

Hong Kongs crypto license, allowing the trading of security tokens and cryptocurrencies under a single permit, surpasses US and Singapore regulations. This strategic move positions Hong Kong as a premier hub for digital...

Tesla Semi Spotted Testing LiDAR Sensors Near Gigafactory Nevada

A Tesla Semi equipped with LiDAR sensors was recently spotted near Gigafactory Nevada, sparking speculation about Teslas preliminary research on the vehicles driver-assist capabilities. Tesla Semi Spotted Near...
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