Description:
Indigenous people remain extremely under-represented in Australian higher education. Despite a substantial increase in the overall number of Indigenous university enrolments since the demand-driven system was introduced, representation remains well below population parity (cf. Department of Education and Training 2015; Wilks and Wilson 2015). Along with participation rates, the university success and retention rates of Indigenous students are also relatively low (Behrendt et al. 2012). The causes of this under-representation and under-achievement have been well-documented. At one level, the relatively low secondary school completion and achievement levels of Indigenous people help to explain under-representation at the next level of education. At a deeper level, educational outcomes reflect broader disadvantage, historical exclusion and discrimination, and a system of education in which respect for culture and diversity often remains limited (Liddle 2016).
Description:
Indigenous people remain extremely under-represented in Australian higher education. Despite a substantial increase in the overall number of Indigenous university enrolments since the demand-driven system was introduced, representation remains well below population parity (cf. Department of Education and Training 2015; Wilks and Wilson 2015). Along with participation rates, the university success and retention rates of Indigenous students are also relatively low (Behrendt et al. 2012). The causes of this under-representation and under-achievement have been well-documented. At one level, the relatively low secondary school completion and achievement levels of Indigenous people help to explain under-representation at the next level of education. At a deeper level, educational outcomes reflect broader disadvantage, historical exclusion and discrimination, and a system of education in which respect for culture and diversity often remains limited (Liddle 2016).
Description:
The western genre has long been hailed as an iconic expression of the United States’ history and culture. However, the 2010 Australian film Red Hill (dir. Patrick Hughes, 2010) actively engages the genre’s tropes, styles, and conventions. In doing so, the film converts the ideas of a ruggedly individualistic frontier, key to the western genre and the popularised notions of nineteenth-century United States expansion, to the contemporary Australian context, providing a translation and mutation of the western genre. This paper argues that, through disassociation of the western genre from the United States, Red Hill’s frontier is made Australian over the course of the film, exploring the lingering traumas and ongoing violence of a specific colonisation process. Drawing on theories of genre, history, and postcolonialism, this paper investigates the exploration of national character, history, and boundaries through the western genre. In doing so, this paper situates the western genre as having a nationalistic function in general, rather than one associated with any particular nation, and as providing a touchstone for ideas of history and themes of colonial expansion in a contentious landscape of class, race, and society.
Description:
This research examines the presence and effectiveness of the ‘normalising effect’, traditionally offered as the main justification for tax effect accounting’s (TEA) adoption. TEA can be seen as a technical facet of accounting practice, ‘normalising’ the timing differences between the accounting and taxation systems. That is, income tax is recognised according to when transactions are recognised for accounting purposes in order to ‘normalise’ reported profits, thereby reflecting an income statement focus. It has been contended that this will improve the usefulness of financial reports by ‘correcting’ misleading and ‘unreal’ fluctuations in income tax. Australia’s adoption of AIFRS in 2005 entailed a major conceptual re-alignment of the methodology underpinning TEA, moving away from the income statement focus in favour of a balance sheet focus. This implied a different normalisation emphasis. It is within this contemporary setting, based on a study of 90 companies over the two regulatory periods between 2002 and 2011 (AGAAP and AIFRS), that a quantitative measure of the presence and effectiveness of the normalising effect was undertaken, additionally considering the subsequent balance sheet impact. Effective normalisation was revealed during the AGAAP period, whilst only effective after the removal of loss makers during the AIFRS period. These findings suggest that the relaxation of recognition criteria under AIFRS may have had a meaningful impact on the effectiveness of the new standard. However, when normalisation was given a more narrow definition in light of prima facie tax, deferred taxes had a more substantial impact, particularly during the AIFRS period. Such findings are consistent with the notion thatTEA enables reported tax to be ‘as if’ it were a function of accounting, without a substantial build up on the balance sheet as a consequence. These findings have implications for evaluating the efficacy of TEA and comprehending the nature of contemporary financial statements.
Description:
This research examines the presence and effectiveness of the ‘normalising effect’, traditionally offered as the main justification for tax effect accounting’s (TEA) adoption. TEA can be seen as a technical facet of accounting practice, ‘normalising’ the timing differences between the accounting and taxation systems. That is, income tax is recognised according to when transactions are recognised for accounting purposes in order to ‘normalise’ reported profits, thereby reflecting an income statement focus. It has been contended that this will improve the usefulness of financial reports by ‘correcting’ misleading and ‘unreal’ fluctuations in income tax. Australia’s adoption of AIFRS in 2005 entailed a major conceptual re-alignment of the methodology underpinning TEA, moving away from the income statement focus in favour of a balance sheet focus. This implied a different normalisation emphasis. It is within this contemporary setting, based on a study of 90 companies over the two regulatory periods between 2002 and 2011 (AGAAP and AIFRS), that a quantitative measure of the presence and effectiveness of the normalising effect was undertaken, additionally considering the subsequent balance sheet impact. Effective normalisation was revealed during the AGAAP period, whilst only effective after the removal of loss makers during the AIFRS period. These findings suggest that the relaxation of recognition criteria under AIFRS may have had a meaningful impact on the effectiveness of the new standard. However, when normalisation was given a more narrow definition in light of prima facie tax, deferred taxes had a more substantial impact, particularly during the AIFRS period. Such findings are consistent with the notion thatTEA enables reported tax to be ‘as if’ it were a function of accounting, without a substantial build up on the balance sheet as a consequence. These findings have implications for evaluating the efficacy of TEA and comprehending the nature of contemporary financial statements.
Description:
Before 1973, cricket and Australian Football used the Adelaide Oval for major games during their respective seasons. Football's popularity as a spectator sport prompted its organising body to seek to build an improved stadium, but cricket authorities controlled the asset and acted to maintain its specialised character as a cricket ground. A case study of how the gains from a shared capital good are negotiated when asset controllers and users have different objectives is provided. A series of counterfactual scenarios based on football remaining at the Oval is constructed from archival sources and their outcomes projected based on data in financial reports.
Description:
The setting of accounting standards in the Australian context has undergone significant change over the past few decades because of both the introduction of international accounting standards and the outcomes of the Corporate Law Economic Reform Program (CLERP). One major thrust of these reforms was to widen the breadth of participation and to introduce new voices into the Australian accounting standard setting regime. Though there have been recent changes to Australian accounting standard setting arrangements, due process still remains as the underlying procedure for incorporating stakeholder participation. Standard setting resides within a socio-political and economic realm which lies between a capitalistic economic individualism premised upon self-interest and interest group preferences, and an idealistic paradigm of the public interest (common good). Both notions are espoused within modern civil society and present in the formulation of policy and regulation through participation. Recent times have seen the promulgation of accounting standards given over by delegated legislation to private sector interests who compete for desired outcomes and more recently this has been entrenched within the International Accounting Standards Board (IASB) which produces International Financial Reporting Standards (IFRS). This research presents a two-fold investigation of the due process which is applied when developing accounting standards in Australia. Firstly, this study questions whether such standards provide an adequate avenue for incorporating both appropriate attributes of participation and accountability in line with the historical understanding of due process as developed through common law. Secondly, this study questions whether such standards provide an appropriate vehicle for widening participation by introducing new voices into the Australian accounting standard setting process. On the former question, common law due process resonates within a paradigm that supports fair dealing and equity between individuals with themselves and with government. On the latter question, this research identifies low and declining stakeholder participation within the due process of accounting standard setting. This is accompanied by the declining interest of previous major participants. In examining the longitudinal participation trends of submitters to the accounting standard setting regime, this research contends that the due process finds itself embedded within the confines of a procedural construct to the detriment of accommodating natural justice through a more enlightened substantive approach. As such, when considered in light of its common law roots, it fails both to provide an adequate level of openness along with accommodating only a limited opportunity to participate, specifically when taking into account opinions and interests. The very construct of common law due process rests upon its ability both to subsume participation within the decision-making process, and for that participation to be substantive in the outcome of the process. That is, such participation gives meaning to the outcome. Instead the current due process as applied within the accounting standard setting environment resonates such participation through abolitionist type approaches. Here self-interested parties compete for advantages from property rights and private benefits in line with the more modern interpretation of the public interest. The approach taken in this thesis is to consider the due process from a philosophical perspective by assessing the questions of accountability and participation within the due process in terms of civil society, the public good, economic individualism, libertarianism, liberalism, and agency, rather than to embed the discussion within the expansive existing studies concerning due process in the accounting standard setting process. The conclusion from this perspective is that due process is clearly a process past its due date.
Description:
The setting of accounting standards in the Australian context has undergone significant change over the past few decades because of both the introduction of international accounting standards and the outcomes of the Corporate Law Economic Reform Program (CLERP). One major thrust of these reforms was to widen the breadth of participation and to introduce new voices into the Australian accounting standard setting regime. Though there have been recent changes to Australian accounting standard setting arrangements, due process still remains as the underlying procedure for incorporating stakeholder participation. Standard setting resides within a socio-political and economic realm which lies between a capitalistic economic individualism premised upon self-interest and interest group preferences, and an idealistic paradigm of the public interest (common good). Both notions are espoused within modern civil society and present in the formulation of policy and regulation through participation. Recent times have seen the promulgation of accounting standards given over by delegated legislation to private sector interests who compete for desired outcomes and more recently this has been entrenched within the International Accounting Standards Board (IASB) which produces International Financial Reporting Standards (IFRS). This research presents a two-fold investigation of the due process which is applied when developing accounting standards in Australia. Firstly, this study questions whether such standards provide an adequate avenue for incorporating both appropriate attributes of participation and accountability in line with the historical understanding of due process as developed through common law. Secondly, this study questions whether such standards provide an appropriate vehicle for widening participation by introducing new voices into the Australian accounting standard setting process. On the former question, common law due process resonates within a paradigm that supports fair dealing and equity between individuals with themselves and with government. On the latter question, this research identifies low and declining stakeholder participation within the due process of accounting standard setting. This is accompanied by the declining interest of previous major participants. In examining the longitudinal participation trends of submitters to the accounting standard setting regime, this research contends that the due process finds itself embedded within the confines of a procedural construct to the detriment of accommodating natural justice through a more enlightened substantive approach. As such, when considered in light of its common law roots, it fails both to provide an adequate level of openness along with accommodating only a limited opportunity to participate, specifically when taking into account opinions and interests. The very construct of common law due process rests upon its ability both to subsume participation within the decision-making process, and for that participation to be substantive in the outcome of the process. That is, such participation gives meaning to the outcome. Instead the current due process as applied within the accounting standard setting environment resonates such participation through abolitionist type approaches. Here self-interested parties compete for advantages from property rights and private benefits in line with the more modern interpretation of the public interest. The approach taken in this thesis is to consider the due process from a philosophical perspective by assessing the questions of accountability and participation within the due process in terms of civil society, the public good, economic individualism, libertarianism, liberalism, and agency, rather than to embed the discussion within the expansive existing studies concerning due process in the accounting standard setting process. The conclusion from this perspective is that due process is clearly a process past its due date.
Description:
The grading of Australian junior and youth rugby union players has received substantial media attention in recent years. Media reports have focussed on size mismatches observed between players, especially players with Polynesian heritage, and the concerned parents who fear for the safety of their child owing to perceived mismatches. Although such concerns are well meaning, few media reports recognise the need for substantial evidence to determine the best grading system for junior and youth rugby union players. The current study reviewed relevant literature pertinent to the grading and dispensation of junior and youth rugby union players. Using primary and secondary search strategies, a total of 33 articles reporting the anthropometric characteristics of junior and youth rugby players were identified. Anthropometric data from the literature were compared with normative population data and currently used dispensation criteria. Junior and youth rugby players were found to be taller and heavier than normative population data. Current dispensation criteria, in terms of body mass, were found to vary and it is suggested that criteria be revised and standardised across rugby unions throughout Australia. Although it is acknowledged that other factors are important for grading players, anthropometric characteristics should be considered as potential dispensation criteria to supplement current age-based grading for junior and youth rugby union players. Measuring the body mass and stature of each junior player upon pre-season registration is suggested, which would provide data to establish valid dispensation criteria for the following season.
Description:
With the recently released biography of A. W. H. Phillips by Alan Bollard (2016), this article focuses upon his time in Australia over two separate periods. This includes his sabbatical spent in Melbourne and Sydney in 1959 when he worked on an Australian version of his famous curve taking into account the different institutional background and then when he took up a professorial chair in economics at the Australian National University. Using new archival material the paper delves into both episodes and how Phillips career at the ANU was cut short by a major illness.
Description:
A research project was conducted during 2015 to gain an understanding of the perspectives and actions of the nurses and personal care assistants, (participants) as they sought to provide person centred care (PCC) in a residential care setting.
Description:
Spatial soil information is used to support questions on agriculture and the environment from global to local scales. Historically, soil mapping has been used to inform and guide a multitude of land users with their decisions. Demand for specific spatial soil information is increasing in response from a wider range of users operating across agricultural and environmental domains. To satisfy these demands, users must be provided with practical and relevant spatial soil information. Novel approaches are required to deal with global deficiencies in available soil information. A major limitation to this is the plethora of incongruent legacy data with poor spatial and temporal coverage. This research study initially identifies the specific needs of users for spatial soil information with a focus on the requirements of biophysical modellers. Secondly, error sources that hamper Digital Soil Mapping (DSM) are identified, described and assessed using pH in practical and relevant examples. A final aim is to spatially predict soil properties (e.g. clay mineralogy) that underpin soil chemical behaviour. This is achieved by harmonising legacy data in combination with new spectroscopy techniques and a spatial inference approach. The spatial soil information needs of biophysical modellers in Victoria, Australia were found to be consistent with global needs for information including soil water characteristics, organic carbon and effective rooting depth. To accommodate stochastic and epistemic uncertainties in spatial soil information, uncertainty frameworks proved effective to deal with, and understand the limitations of legacy data in spatial inference models. Robust and reliable spectroscopic models for properties that are linked to functions and services delivered by soil were achieved and used in 3D spatial models. These findings will enable a tactical response through the delivery of pertinent spatial soil information that is contemporary, quality assured and sought by users. Learnings presented should enable producers of spatial soil information to be more comprehensive in their delivery of products that are easy to use, accessible and understood by a growing user community.
Description:
Spatial soil information is used to support questions on agriculture and the environment from global to local scales. Historically, soil mapping has been used to inform and guide a multitude of land users with their decisions. Demand for specific spatial soil information is increasing in response from a wider range of users operating across agricultural and environmental domains. To satisfy these demands, users must be provided with practical and relevant spatial soil information. Novel approaches are required to deal with global deficiencies in available soil information. A major limitation to this is the plethora of incongruent legacy data with poor spatial and temporal coverage. This research study initially identifies the specific needs of users for spatial soil information with a focus on the requirements of biophysical modellers. Secondly, error sources that hamper Digital Soil Mapping (DSM) are identified, described and assessed using pH in practical and relevant examples. A final aim is to spatially predict soil properties (e.g. clay mineralogy) that underpin soil chemical behaviour. This is achieved by harmonising legacy data in combination with new spectroscopy techniques and a spatial inference approach. The spatial soil information needs of biophysical modellers in Victoria, Australia were found to be consistent with global needs for information including soil water characteristics, organic carbon and effective rooting depth. To accommodate stochastic and epistemic uncertainties in spatial soil information, uncertainty frameworks proved effective to deal with, and understand the limitations of legacy data in spatial inference models. Robust and reliable spectroscopic models for properties that are linked to functions and services delivered by soil were achieved and used in 3D spatial models. These findings will enable a tactical response through the delivery of pertinent spatial soil information that is contemporary, quality assured and sought by users. Learnings presented should enable producers of spatial soil information to be more comprehensive in their delivery of products that are easy to use, accessible and understood by a growing user community.
Description:
In this article, the author provides an overview of the Australian GST rules relating to cross-border supplies. The author analyses the situation at the moment, and the recently approved changes to the GST rules relating to supplies from non-resident suppliers to Australian consumers that will enter into effect on 1 July 2017. To complete the overview the author explains the GST rules relating to supplies from Australia to a non-resident recipient.
Description:
The word Banshee is derived from the Gaelic 'bean si' or 'sidhe' meaning woman of the faeries. According to legend they appointed from the faery world to forewarn the members of the families who claim direct descent from the mythical Milesians, the fifth and last of the population waves to sweep Ireland during pre-historical times. Although originally the pre-serve of the clans of O'Neill, O'Brien, O'Grady, O'Connor and Kavanagh, with intermarraige down through the centuries they have become attached to many other Irish families including several with distinctly Norman heritage.
Description:
Australia's folklore has developed over two and a half centries of cultural diversity. It is influenced by stories, songs, traditions, rituals, and ideologies from every corner of the globe. Despite the attempted genocide of Australian Indigenous peoples and their languages and cultures, certain aspects of their mythology and folklore have been powerful enough, interesting enough, or pertinent enough to have survived and been translated, adapted or appropriated holus-bolus into the wider mainstream Australian mythology.
Description:
This thesis disentangles two elements from the complex interdependent suite of key drivers of firm sophistication in capital-budgeting. Specifically, the relative sophistication of a firm (i.e. its nature) and the development level of the nation in which a firm is embedded (i.e. the nurture experienced by the firm). This research should enhance the development focus and process of nations (e.g., to what degree should national development be about raising the ability of individual firms or will raising national development act as a rising tide [that] raises all boats). The comparative data used in this study comes from 150 Australian (ASX200-index-listed) firms and 150 Sri Lankan (Colombo-stock-exchange-listed firms). The research questions are answered via a quantitative research design that uses primary and secondary data. The response rate to the questionnaire survey of firms was, 45 and 73 completed questionnaires from, respectively, Australia and Sri Lanka (an effective response rate of, respectively, 31.5 and 48.7 percent). Secondary data for 2003-12 are obtained from the ASX, CSE’s and SIRCA databases and are used to calculate return on assets, return on equity, Tobin Q, and earnings per share for the sampled firms. It was found that Australian firms tend to rely heavily on sophisticated capital-budgeting practices, but Sri Lankan relatively small firms prefer simple analysis methods and the larger firms tend to be as adept at sophisticated capital budgeting as their Australian counterparts. The choice of whether to use more sophisticated practices or simpler alternatives varies with a firm’s attributes as well as the level of economic and financial market development in its environment. Also, Australian firms tend to use capital-budget models with good-to-strong predictive power (except for ROE) and Sri Lankan firms tend to use capital-budget models with fair-to-poor predictive power. Further, the analysis of Australian firms tends to yield stronger and more statistically-significant results, than those generated by Sri Lankan firms.
Description:
This thesis disentangles two elements from the complex interdependent suite of key drivers of firm sophistication in capital-budgeting. Specifically, the relative sophistication of a firm (i.e. its nature) and the development level of the nation in which a firm is embedded (i.e. the nurture experienced by the firm). This research should enhance the development focus and process of nations (e.g., to what degree should national development be about raising the ability of individual firms or will raising national development act as a rising tide [that] raises all boats). The comparative data used in this study comes from 150 Australian (ASX200-index-listed) firms and 150 Sri Lankan (Colombo-stock-exchange-listed firms). The research questions are answered via a quantitative research design that uses primary and secondary data. The response rate to the questionnaire survey of firms was, 45 and 73 completed questionnaires from, respectively, Australia and Sri Lanka (an effective response rate of, respectively, 31.5 and 48.7 percent). Secondary data for 2003-12 are obtained from the ASX, CSE’s and SIRCA databases and are used to calculate return on assets, return on equity, Tobin Q, and earnings per share for the sampled firms. It was found that Australian firms tend to rely heavily on sophisticated capital-budgeting practices, but Sri Lankan relatively small firms prefer simple analysis methods and the larger firms tend to be as adept at sophisticated capital budgeting as their Australian counterparts. The choice of whether to use more sophisticated practices or simpler alternatives varies with a firm’s attributes as well as the level of economic and financial market development in its environment. Also, Australian firms tend to use capital-budget models with good-to-strong predictive power (except for ROE) and Sri Lankan firms tend to use capital-budget models with fair-to-poor predictive power. Further, the analysis of Australian firms tends to yield stronger and more statistically-significant results, than those generated by Sri Lankan firms.