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Isaac Gross

Isaac Gross

Lecturer, Monash University
Zac Gross is a Lecturer at Monash University and founding member of ‘What if, Australia?’ A forum devoted to ambitious new public ideas for Australia.

Central Banking Series

Rates rise to 1.35% – and there's no stopping now the RBA's on a mission to whip inflation

Jul 07, 2022 16:12 pm UTC| Economy Central Banks

There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much. Would it be a regular increase of 25 basis points? Or a double-whammy of...

Central Banking Series

Game of Loans: the Reserve Bank of Australia loses its heir apparent to Fortescue's green fund

Mar 12, 2022 11:20 am UTC| Economy Central Banks

The Reserve Bank of Australia was roiled today by the resignation of its Deputy Governor Guy Debelle, who is leaving with only six days notice. Dr Debelle said that he was resigning to become chief financial officer of...

Central Banking Series

RBA starts three-year countdown to lift in interest rates

Jul 06, 2021 08:55 am UTC| Economy Central Banks

In line with expectations, the Reserve Bank of Australia has announced it will keep official interest rates on hold at 0.10%. But is also ready to start tapering off its unconventional monetary policy measures...

Negative Rates Series

Negative rates explained: how money for (less than) nothing is helping out the budget

Dec 17, 2020 11:07 am UTC| Economy

A week ahead of Thursdays budget update, it finally happened. Instead of the government paying to borrow in a way that would add to the burden on the budget (as has happened since time immemorial) it actually got paid...

Small businesses are being starved of funds: here's how to make their loans cheaper

Aug 14, 2020 15:49 pm UTC| Economy

The government has widely touted its support for small businesses most notably the provision of loans subsidised by the Reserve Bank. In its economic update on Friday the Reserve Bank talked up its low-cost Term...

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Economy

Metaverse: Firefox’s Mozilla buys Active Replica for its metaverse push

Firefoxs Mozilla internet browser announced its acquisition of Active Replica, a company centered on building VR-based virtual event and collaboration technologies. This is a strategic deal for the company to achieve its...

McDonald’s reinvents workwear and unveils fashion collection in partnership with VAIN

McDonalds teamed up with VAIN Helsinki-based fashion company to launch its new fashion collection that was designed from the used uniforms of its fast-food staff. The collection has been praised for stylish outcomes that...

Hahn & Co. closes $1.2B M&A deal for the acquisition of SKC's industrial film business

Hahn Company finally completed the merger and acquisition deal to buy SK Groups industrial film business under its SKC affiliate. The South Korean private equity firm is investing $1.2 billion in the deal. According to...

LG Chem supplying eco-friendly plastic to Mattel as it launches Asia’s first plant-based ABS

LG Chem unveiled its ABS made from vegetable raw materials and revealed it would supply this plant-based plastic to Mattel, which will be its first customer for this product. The launch of this new acrylonitrile butadiene...

DoorDash starts laying off corporate employees

DoorDash, the American online food ordering company, revealed its plans to let go part of its workforce last week. It said that it would have to lay off around 1,250 corporate employees, and in new updates, some people...

Politics

Myanmar coup: UN says junta use death sentences to silence opposition

A senior United Nations official said that the Myanmar military has been using death sentences as a way to silence the opposition. The official added that since seizing power in February 2021, the junta has sentenced 130...

South Korea: Former national security adviser arrested over 2020 case

South Korean authorities arrested the countrys former national security adviser over a 2020 case when a fisheries official was killed by North Korean troops. The former adviser was arrested on suspicions of manipulating...

US: Wagner mercenary group, Cuba, Nicaragua placed on blacklist on religious persecution

The United States State Department has added the Russian Wagner mercenary group, as well as countries Cuba and Nicaragua, to a blacklist on international religious freedom. The designation would clear the way for potential...

Russia-Ukraine war: UK says Russia likely planning to encircle Bakhmut in Donetsk Oblast

The British defense ministry said that Russian forces are likely planning on surrounding the town of Bakhmut in the partially-occupied territory of Donetsk. The ministry noted that the move would mainly be a political...

Science

S. Korean scientists detect antibiotic material in spider venom using AI

South Korean scientists have developed an artificial intelligence (AI)-based peptide detection model that can predict the antibiotic functionality of peptides antibiotic for hay bacillus, colon bacillus, staphylococcus...

Scientists test mRNA technology for universal flu vaccine

An experimental vaccine was found to potentially open a pathway to a universal flu shot that might help prevent future pandemics, according to a US study. In initial tests in mice and ferrets, the two-dos vaccine...

Unilever explores the use of “cow-free” ingredients for ice creams

Unilever has begun looking at utilizing precision fermentation technology to create cow-free dairy products or use them within its ice cream portfolio A spokesperson for Unilever said that the companys RD team is in...

S. Korean researchers develop wearable OLED that can cure jaundice in infants

Researchers from the Korea Advanced Institute of Science and Technology (KAIST) have developed a wearable green organic light-emitting diode (OLED) with a 470-nanometer (nm) wavelength that can cure jaundice in...

It was the first time scientists confirmed that nitrous oxide increases if nitrogenous fertilizers are used excessively for rice farming.

The excessive use of nitrogenous fertilizers for rice farming results in a sharp increase in the emission of nitrous oxide, the major greenhouse gas contributor, according to study by the Gyeonggi-do Agricultural Research ...

Technology

Apple AR/VR headset release date: Analyst says mass shipments could be delayed to the second half of 2023

Apple is expected to enter the AR and VR space by next year with its first mixed-reality headset. While previous reports claimed it could be announced in early 2023, analyst Ming-Chi Kuo updated his predictions to suggest...

PS Plus downloadable games for December includes remastered ‘Mass Effect’ trilogy

December is going to be a good month for PlayStation Plus members now that Sony announced the lineup of new downloadable games at no additional cost going live next week. The list is headlined by the collection of...

Livspace launches 3 experience centers in Singapore

Livspace has launched three new experience centers in Singapore as part of its expansion in Southeast Asia. The three centers of the omnichannel home interior and renovation platform are located in Suntec City,...

Pixel 7a design will be identical to the Pixel 7 series as renders appear in a new leak

Although the Pixel 7a is not expected to launch until 2023, alleged renders revealing its design have already leaked before this year ends. And as many expected, it will likely look identical to Googles flagship phones...

Microsoft and Activision Blizzard merger gets unconditional approval in Serbia, concessions ‘likely’ to be offered to EU regulators

Microsoft is still facing immense scrutiny from regulators in most countries where it needs to gain approval for its proposed acquisition of Activision Blizzard for nearly $69 billion. But the company has reportedly gained...
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