Category: Business

Trust your honey

Australian honey is one of the few honeys still collected from native bushland and forests and is considered some of the purest in the world. Additionally, due to our strict biosecurity measures, it is also free from most honeybee diseases negating the use of husbandry chemicals and antibiotics. Honey is claimed to be the third most adulterated food product, through the addition of syrups, and so it is important for producers, exporters and consumers, to have confidence in the quality of Australian honey bee products.

Fairness in the future of work

Emerging changes in technology, climate change, and the economy have placed pressure on the nature of work and on employment relations. UWA researcher Dr Caleb Goods and his team have increased social awareness of the conditions faced by gig economy workers and work with leading bodies to push for an equitable change. His research in the mining and manufacturing sectors aim to help workers and communities, the government, and industry fairly transition to a more sustainable future of work.

Fixing a leaky Fixing

UWA research uncovered a price bias and an exploitable trade advantage in the 100 year old mechanism used to set the daily benchmark price of precious metals globally. The London Fixing, which had been run by a handful of “member” banks, formed an integral part of a US$30 trillion dollar annual market, impacting metal prices, financial instruments and contracts. Following publication of the research, multiple civil and criminal trials were launched against the banks. Regulatory investigations began and fines were issued. Benchmarking regulations were overhauled and manipulation was criminalised. The research has led to the London Fixings being replaced with modern electronic auctions that provide fairer and more transparent systems of commodity price benchmarking.

Enhancing Policy-Making and Public Dialogue on the Future of Cities

The University of Western Australia (UWA) has played a critical role in enhancing policy-making, public debate and progress on the future of Perth and Australian cities. An important part of this has been an innovative, longstanding partnership with the Committee for Perth. This partnership has focused on major urban policy concerns related to globalization, economic development, demographic change, urban liveability and social equality. This research stimulated debate across business, community, government and individuals about the future of cities. The partnership draws on an active and ongoing strategy of engagement with stakeholders. In addition, the partnership actively seeks to inform policy by improving the quality of evidence used by urban decision-makers.