Victoria

Latest News

Banking Royal Commission and the Credit Crunch

For our October Poll we asked the panel to comment on two propositions relating to the Banking Royal Commission and the Credit Crunch.

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ACE2019

Hold the Date - ACE2019, hosted by the Victoria branch of ESA, will be held from 14-16 July at the Pullman Melbourne on the Park.

Waste Policy

For our August poll, we asked panellists to consider the following proposition: "There are clear net benefits for Australians from (further) increasing the diversion of waste from Australian landfills."

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Sugar sweetened beverage tax for Australia

The World Health Organisation has called for governments around the world to use fiscal policy as a mechanism to address obesity. The National Economic Panellists’ views were sought on such a policy response.

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The rise of protest politics – a conversation with Danielle Wood

Voters are abandoning the major parties. More than one-in-four Australians voted for anyone except the ALP, LNP, or the Greens in the Senate in 2016, compared to just over one-in-ten voters in 2007.

Why are Australians so disillusioned with the political mainstream? And are there similarities with the rise of ‘outsider politics’ in other countries including the Trump presidential victory and Brexit?

In this podcast Danielle Wood discusses her research on voting patterns, which draws on techniques from economics, psychology and political science to understand the rising minor party vote in Australia.

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Awards 2018

There were a number of prestigious awards bestowed upon worthy economists at the recently held ACE2018 in Canberra, including the inaugral Trevor Swan Memorial Prize.  

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ACE 2018

ACE2018 was held in Canberra from 10-13 July 2018 with key note speakers confirmed as Anne Krueger, Professor of International Economics, John Hopkins School of Advanced International Studies in Washington DC; John Asker, Professor of Economics, UCLA; Marilyn Waring, Professor of Public Policy, AUT and Kathryn Graddy, Senior Associate Dean, Brandeis University, Massachusettes.  Read on to view presentations.

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Pricing of road-use for electric vehicles should be the same as fossil fuel-powered vehicles

Electric car users currently enjoy a number of subsidies (concessions) from governments in Australia. Electric car users do not pay the 40 cent per litre fuel tax (excise) which goes towards funding Australian roads.

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Queens Birthday Honours 2018

The following economists were recognised in the Queens Birthday Honours.  Congratulations to Professor John W FREEBAIRN AO; Emeritus Professor Geoffrey Colin HARCOURT AC and Emeritus Professor Margaret Jennifer NOWAK AM.  Professors Freebairn and Nowak are also NEP panellists - keep reading to see their contributions.

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Live recording: Commonwealth Budget Review 2018/19

This podcast is a live recording of the recent Commonwealth Budget Review for 2018/19. On May 16th 2017, Peter Martin (Fairfax Media), Danielle Wood (Grattan Institute) and Lisa Gropp (Business Council of Australia) shared their perspectives on the budget, digging into topics such as the income tax package, infrastructure spending and budget forecasting. Thanks to Brendan Coates (Grattan Institute) for hosting.

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Technology & Competition laws: A conversation with Dr Stephen King

"If you are not paying for it, you're not the customer; you're the product being sold."
twitter.com/andlewis/status/24380177712 

There is little doubt that consumers have benefited from zero price services from the likes of Facebook, Google and even Visa and Mastercard. But is there such a thing as a free emoji? In this podcast Dr. Stephen King explains the two-sided nature of the markets in which these companies compete. He also discusses how economists have grappled with the complexity of these markets in problems ranging from the misuse of market power to ownership of personalised data.

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Will robots take our jobs? A conversation with Professor Jeff Borland

The robots are coming. The world of human work is fast disappearing. This is the future according to the doomsayers who seem at present to dominate discussion on the effects of computers in Australia. It’s a catchy story, and perhaps it fits with what we feel is happening around us. But it has rather a big problem. There is not much (or any) evidence to support it.

In the first of a new series of podcasts for members we ask Professor Jeff Borland: Will robots take our jobs?

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Events

Economic Society of Australia (Victorian Branch) – Annual General Meeting

Event Type: ESA Event

Date: Wednesday Nov 21, 2018, 5:30 pm

The Annual General Meeting of the Victorian Branch of the Economic Society of Australia will be held at 5.30 pm on Wednesday, 21 November 2018 at the Kelvin Club, 14-30 Melbourne Place, Melbourne.


 
 
 

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ESAYP Christmas Party

Event Type: ESA Event

Date: Wednesday Nov 28, 2018, 5:30 pm

ESAYP’s Xmas event is here - we’re gathering at the Emerald Peacock on 28 November from 5:30-8:30pm, with drinks and nibbles provided (limited amount so ensure you get there early). 

We will be discussing our summer reads, so please come prepared with your suggestions on educating, interesting or entertaining articles and books to share.

Please register here as there are limited spaces: https://www.stickytickets.com.au/79004

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Professional Development Seminar: David Johnston on Valuing Intangibles using Subjective Wellbeing Data - The Case of Violent Crime

Event Type: ESA Event

Date: Thursday Nov 29, 2018, 12:30 pm

Valuing Intangibles using Subjective Wellbeing Data - The Case of Violent Crime

Valuing public amenities, pain and suffering, and other non-market goods is a common but challenging task faced by applied economists. Existing methods include inferring shadow prices from market data, and contingent valuation surveys in which people are asked directly about their willingness to pay. This presentation discusses a complementary approach based on the use of subjected wellbeing data, and demonstrates its use by estimating the costs of violent crime victimisation in Australia. The total cost of violent crime for victims includes direct costs, such as lost wages, medical care costs and property damage, and intangible and potentially long-term costs associated with pain, psychological distress, and decreases in quality of life. We estimate that the amount of monetary compensation required by victims to offset their loss of wellbeing is $88,000 for the average victim, with the amount being greater for females ($102,000) than males ($79,000).

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Women in Economics Network: End-of-year wrap up with Melinda Cilento

Event Type: ESA Event

Date: Thursday Nov 29, 2018, 6:00 pm

Join the Women in Economics Network Victorian Branch for our end-of-year celebration. We will wrap up our activities for the year and be joined by special guest, Melinda Cilento, who currently serves as Chief Executive Officer of the Committee for Economic Development of Australia (CEDA).

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WEAI 15th International Conference

Event Type: Workshops/Conferences

Date: Thursday Mar 21, 2019, 12:00 am

From: Central Council

The Western Economic Association International's 15th international Conference will be held in Tokyo in March 2019.

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Welcome

Welcome to the Victorian Branch of the Economic Society of Australia

The Victorian Branch of the Economic Society of Australia was formed in 1925. As such the Society is one of the oldest professional associations in Australia, and the Victorian Branch one of the largest branches of the organization. The Economic Society of Australia is affiliated with the International Economics Association

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