News & Comments

Weather risk can move markets months in advance: Stock traders pay attention to these 2 long-range climate forecasts

Months before winter arrives, traders are watching for clues in the long-range weather forecasts. Mario Tama/Getty ImagesTo understand how important weather and climate risks are to the economy, watch investors. New research shows that two long-range seasonal weather forecasts in particular can move the stock market in interesting ways.

Indigenous businesses are worth billions but we don’t know enough about them

Indigenous businesses generate about A$16 billion a year in revenue and employ more than 116,000 people – almost as many as the massive Coles retail group.

But the contribution of these businesses to the Australian economy has long been underestimated.

This is despite Indigenous businesses delivering, among other things, important culturally sensitive health and education assistance in remote areas, professional and technical services to the mining industry and cultural training to corporations and government.

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