Today the Herald Sun features an extract from my book 'The Economics of Just About Everything', exploring the link between money and team performance in the AFL. Read on...
Who's the Moneyball star of the AFL? Herald Sun, 7 August 2014
Moneyball tells the true story of how Oakland A's general manager Billy Beane (played by Brad Pitt) put together a great baseball team on a shoestring budget. The movie has two messages: first, money helps win games. Second, some sports teams spend their money more wisely than others.
But how does Moneyball apply to the AFL? Money allows teams to buy better players (up to the salary cap), to hire better coaches and to buy experts like physiotherapists, masseurs and even statisticians. But do some AFL teams spend their cash more wisely than others?
Last night Peter van Onselen and I hashed out some ways the Abbott Government could make its rotten budget fairer. Here's the video and transcript:
Last night I joined the panel on ABC's The Drum to talk about how economics can help us make better sense of the world around us (and my new book 'The Economics of Just About Everything). Here's the interview:
Despite the Abbott Government's promise before the election that there would be no forced redundancies in the Australian Public Service, there are reports today that The Treasury has launched a 'spill and fill' process that will lead to up to 40 forced sackings. Here's my comments in response:
DON'T SACK TREASURY MUMS
The Abbott Government has broken yet another of its pre-election promises, with news that staff at The Treasury are being forced to take part in a ‘spill and fill’ process that will result in up to 40 forced redundancies.
Before the last election, Tony Abbott promised that any jobs lost in the Australian Public Service would go through ‘natural attrition’, and stated:
“I really want to stress that we are not talking about forced redundancies, we are talking about not replacing everyone who leaves, that’s all.”
This morning I spoke with Mark Parton on 2CC's Breakfast program about the government's moves to force up to 40 Treasury workers to accept involuntary redundancies. Here's the transcript:
THURSDAY, 31 JULY 2014
SUBJECT/S: Forced redundancies at The Treasury
MARK PARTON: The Canberra Times is reporting this morning that The Treasury is forcing nearly all of its staff – including newly-recruited graduates and women on maternity leave – to reapply for their jobs. They've gone with this so-called 'spill and fill' to dismiss about 40 staff, with the central agency conceding that its voluntary redundancy process has run out of steam. We always thought that would be the case!
Andrew Leigh is the Federal Member for Fraser and he's on the line right now, morning Andrew.
ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Good morning Mark.
PARTON: There was always talk about this being done naturally, but the plans of this government – and indeed, it must be said, the plans of you blokes when you were in power – there was always going to be a point where the voluntary stuff just didn't cut it.
LEIGH: Mark, we were always clear before the election that there wouldn't be forced redundancies, as were the Liberal Party. It was their pledge beforehand, and when we said there was going to be more than 12,000 jobs cut and that we'd see forced redundancies, they called us liars. But frankly this is another broken promise from Mr Abbott, who is now making all the Treasury staff re-apply for their jobs. Including women on maternity leave, new graduates who have just been hired - it's a pretty shocking way to treat some of Australia's best economic minds.
This morning I talked with David Lipson and Alan Tudge about the Abbott Government's harsh new Work for the Dole requirements (and also snuck in a plug for my new book, The Economics of Just About Everything!). Here's the transcript:
E&OE TRANSCRIPTTELEVISION INTERVIEW
SKY AM AGENDA
MONDAY, 28 JULY 2014
SUBJECT/S: MH17; Work for the Dole; Joe Hockey’s unfair budget.
DAVID LIPSON: Joining me now to discuss the day’s issues, Alan Tudge from the Liberals and Andrew Leigh joining me here in the Canberra studio from the ALP. Thank you both for joining us. First you, Alan Tudge, on this mission in Ukraine - a reminder if any was needed of the dangers posed to those Australian Federal Police and others going to the site with this heavy shelling cancelling, or at least delaying, the operation.
ALAN TUDGE, PARLIAMENTARY SECRETARY TO THE PRIME MINISTER: I think that’s right, David. I think the word though is delaying rather than cancelling. We have an absolute determination to ensure that the remains can be secured and identified and returned back to Australia. But we want to get in there, we had hoped to get in there last night our time and will be monitoring the situation very closely. When it is safe to do so the team led by the Netherlands, including Australian Federal Police, will be going in there to monitor the site, secure the remains and bring them home.
LIPSON: Andrew Leigh, the cooperation of the rebels is crucial to this mission, and as such, we've seen the Prime Minister appropriately temper his language towards them compared to the descriptions we used about a week ago. Are you satisfied that everything is being done to minimise the risk for our police and others?
ANDREW LEIGH, SHADOW ASSISTANT TREASURER: Absolutely, David. This is fully supported by the opposition. I think Alan spoke well in speaking about the importance of securing the remains there. One of the victims was in my own electorate, a memorial service was held for her last week and it just brings home to me how important it is for all of those families to secure the victims’ remains and secure that crash site, absolutely vital.
This morning I spoke with Fairfax Media's Breaking Politics program about the government's harsh new Work for the Dole requirements and the inequality in Joe Hockey's budget. You can watch the full conversation here:
My latest opinion piece in The Australian looks at how increased diversity in our community can enrich Australians socially, culturally and economically. Here's the details:
Urgent case for a diverse nation, The Australian, 24 July 2014
PROGRESSIVES are often most comfortable making a political or moral case for diversity: that it is a necessary corollary of liberalism in a multi-ethnic society or, more optimistically, a social good in itself.
This is no longer enough. Our ideas must expand beyond platitudes about multiculturalism giving us good places to eat. We need to recognise the real economic and social benefits that flow from diversity and acknowledge the challenges so we can find ways to maintain cohesive societies in the face of these.
To see the positive impact of diversity, go to Silicon Valley. Half of all start-up teams include a first-generation migrant, from Russian-born Sergey Brin at Google to Hungarian-born Andy Grove at Intel.
Tonight I joined Sky PM Agenda host David Speers and Parliamentary Secretary to the Treasurer Steven Ciobo to discuss the need for a carbon price, the federal budget and the Abbott government's reforms to financial advice.
SKY NEWS PM AGENDA
WEDNESDAY, 16 JULY 2014
SUBJECT/S: Carbon price repeal, Budget, Changes to Financial Advice, Senate.
David Speers: You’re watching PM Agenda, good to have you with us, let’s bring in our panellists this afternoon. We're joined by the Shadow Assistant Treasurer Andrew Leigh and the Parliamentary Secretary to the Treasurer Steve Ciobo, welcome to you both.
Andrew Leigh, Shadow Assistant Treasurer: Thanks David.
Speers: Let’s start on the Carbon Tax, a lot of people, not just me I'm sure, are wondering when is this finally going to be voted on in the Senate? Um, we know where you stand, we know where you stand, we know where I think everybody stands.
Steven Ciobo, Parliamentary Secretary to the Treasurer: We know where the Australian people stand, David.
Speers: Well, when is there going to be a vote?
Leigh: The great thing about Parliament which really surprised me before I came in David is the disconnect between the House of Reps and the Senate. I spend far more time with Steve's beautiful face then I do with my Labor Senate colleagues. So the Senate is a beast unto itself, and this Senate seems to be even more unusual.
There are worrying reports in today's Canberra Times that compliance functions at the Tax Office will be severely affected by the loss of 3,000 staff. Here's my comments in response:
TAX OFFICE STAFF BLOW THE WHISTLE ON HIT TO REVENUE
There is fresh evidence that the Abbott Government’s cuts to the Australian Tax Office will cost the Budget far more than they will save, with outgoing tax staff admitting that revenue collection risks being ‘gutted’ by a loss of skilled, specialist staff.