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Afterpay: Tech Hype used to Hook Financially Unsavvy Millennials

Prof Janek RatnatungaCEO, CMA Australia & NZ In early August 2021, payments fintech Square announced its intention to acquire Buy Now, Pay Later (BNPL) firm, Afterpay, for A$39 billion (US$29b) - the biggest ever merger and acquisition agreement in Australian history. However, this tech company is still to make a profit. “This is [...]

Afterpay: Tech Hype used to Hook Financially Unsavvy Millennials2021-08-20T08:07:41+10:00

Countering Vaccine Hesitancy: Give Megabucks not just Beer Money

Prof Janek RatnatungaCEO, CMA Australia & NZ Professor Janek Ratnatunga, CEO of the Institute of Certified Management Accountants (Australia & New Zealand), says that the Australian Federal Government should be offering megabucks – at least 1 million dollars each, for every person who dies as a direct result of a Covid vaccination. And [...]

Countering Vaccine Hesitancy: Give Megabucks not just Beer Money2021-08-05T11:10:40+10:00

Australia Should be Exporting Climate Solutions instead of Climate Problems

Professor Janek Ratnatunga, CEO of the Institute of Certified Management Accountants, says that Australia should change its priorities from mining lithium to refining and processing lithium batteries, and  ultimately manufacturing electric vehicles.

Australia Should be Exporting Climate Solutions instead of Climate Problems2021-06-17T10:11:31+10:00

Australia’s Chaotic Climate Policies – A National Shame

Prof Janek RatnatungaCEO, CMA Australia Professor Janek Ratnatunga, CEO of the Institute of Certified Management Accountants, says that Australia is a ‘conspicuous laggard’ and that its climate policy has been more ‘spin than substance’. In an hard-hitting opinion piece he says that Australia cannot continue to ignore the dramatic shift towards ‘climate action’ [...]

Australia’s Chaotic Climate Policies – A National Shame2021-03-01T11:03:38+11:00

Qantas’ Dubious ‘Middle Seat’ Costings Should be Independently Audited

Professor Janek Ratnatunga, CEO of the Institute of Certified Management Accountants, makes the case for independent cost audits in an article titled “The Case for Statutory Cost Audits: Qantas’ Dubious ‘Middle Seat’ Costings”.He says that the federal government’s A$60B forecasting error in its JobKeeper subsidy, followed by Centrelink’s ‘Robo-Debt’ income averaging error requiring repayments of between $720m to $1.5 [...]

Qantas’ Dubious ‘Middle Seat’ Costings Should be Independently Audited2021-02-08T15:50:18+11:00

The $60b JobKeeper ‘Windfall’ – Best Used To Boost Local Manufacturing Capabilities

Professor Janek Ratnatunga, CEO of the Institute of Certified Management Accountants (ICMA), makes the case in an article titled “Funding Manufacturing Post COVID-19: A National Security Issue" that the $60b JobKeeper ‘windfall’ due to the a self-reporting error by 1000’s of Australian businesses will be best used to boost local manufacturing capabilities of essential items [...]

The $60b JobKeeper ‘Windfall’ – Best Used To Boost Local Manufacturing Capabilities2021-02-08T15:43:44+11:00

Global Leadership Response to COVID-19: ANZAC Leadership on Top whilst USA Ranks at the Bottom

Prime Ministers’ Jacinda Arden Australia and Scott Morrison continue to top the Global Response to Infectious Diseases (GRID) index; which ranks a country’s leadership response to the COVID-19 pandemic. The USA, led by President Donald Trump fares abysmally and is placed last in the rankings.The results are published in a paper titled GRIDTM Index 2: Ostrich Leadership and Ostrich [...]

Global Leadership Response to COVID-19: ANZAC Leadership on Top whilst USA Ranks at the Bottom2021-02-08T15:45:45+11:00

Scott Morrison scores high rating in COVID-19 Global Leadership Response Index

Australia, and its Prime Minister Scott Morrison has been rated highly in the Global Response to Infectious Diseases (GRID) index. The other leader who does exceptionally well is New Zealand’s Jacinta Arden. The USA, led by President Donald Trump in its COVID-19 responses fares abysmally in the rankings.The results are published in a paper titled GRIDTM Index: [...]

Scott Morrison scores high rating in COVID-19 Global Leadership Response Index2021-02-08T15:53:52+11:00

Pandemic Financing – Stealing Billions from Future Generations

Professor Janek Ratnatunga, CEO of the Institute of Certified Management Accountants (ICMA), explains in a paper published on April 8 titled “Pandemic Financing – Stealing Billions From Future Generations” that governments borrow money to finance crises by selling government ‘bonds’; which are ‘promises’ to repay borrowed money, plus interest to those who buy them, in the [...]

Pandemic Financing – Stealing Billions from Future Generations2021-02-08T16:00:12+11:00

Australian Government’s COVID-19 Responses Based on Dodgy Modelling – A $65b Saving Is Possible

Professor Janek Ratnatunga, CEO of the Institute of Certified Management Accountants (ICMA), stated in a paper published on March 31 titled “The Financial Modelling Wars: COVID -19 vs. The Economy”, that trying to model economic impacts of this global pandemic, based on the experience gained from past virus outbreaks, is fruitless; given the significant errors in the [...]

Australian Government’s COVID-19 Responses Based on Dodgy Modelling – A $65b Saving Is Possible2021-02-08T15:48:24+11:00
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