The catalyst for the preparation of this working paper was the epochal merger in 2007 of the New York Stock Exchange with Paris-based Euronext, itself a consolidation of several European exchanges. Exchange mergers were not a new phenomenon; domestic and regional exchanges had been consolidating for decades. However, NYSE Euronext was the big deal, creating...

Faced with a rapidly growing population and the ever-increasing strain on land and resources, Australian cities are recognising the need to reduce suburban sprawl and adopt higher density (or ‘compact city’) living arrangements. A key feature of urban consolidation is the development of higher density residential designs – specifically, the replacement of single detached houses...

This paper provides a review of some emerging approaches that influence the development of new business models that might assist in sustainability and low-carbon transitions in cities.

The first release from the Foodprint Melbourne project investigated the importance of city-fringe farmland, and highlighted the potential threat to supplies of fresh, locally grown fruit and vegetables as Melbourne grows to a population of over 7 million people by 2050.

Dividend imputation was introduced in Australia in 1987. Despite many theoretical and empirical studies, there is little consensus on its effects on the cost of equity capital, share prices, or investment – due primarily to different views on the consequences of international integration on equity pricing. The objective of this paper is to outline these...