News: Research

Education can mitigate COVID-19 employment shocks

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A new research paper from SACES which examines the impact of COVID-19 on employment in South Australia with particular reference to the young argues that more support for education and training is the key to offsetting the employment impacts of similar shocks.

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Business tool reduces risk of implementing AI tech

robot sculpture

Artificial intelligence (AI) is increasingly being embraced by Australian businesses to enhance their business operations. While the economic and societal risks of AI have received considerable attention, there is less appreciation for the potential Work Health and Safety (WHS) risks posed by AI use in the workplace. As part of a collaborative research project SACES has investigated the potential WHS risks of AI and helped develop a risk management tool to help companies manage potential workplace health and safety risks related to the introduction of AI technology.

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Policy support offers opportunities for SA post pandemic

VIctoria square

Policy support from the South Australian and Federal governments for employment and training initiatives could play a crucial role in boosting the State’s population and recovery from the impact of the COVID-19 pandemic, according to the University of Adelaide’s SA Centre for Economic Studies. These conclusions are drawn from three policy papers which consider the demographic and labour market impacts of COVID-19 on South Australia.

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Artificial intelligence revolution offers benefits and challenges

Robot-hand

Artificial intelligence (AI) is the subject of much, and sometimes fantastical, speculation. However, the development of powerful mathematical models and increasing computer power have combined to make AI economically useful for a wide range of tasks, and companies report that the adoption of AI has delivered improvements in sales and efficiency. In an Issues Paper just released by SACES, the Australian Institute of Machine Learning argues that AI has reached a global tipping point and that Australia needs to invest in research and development in order to take advantage of this next wave of automation. Australia urgently needs a formal, national strategy for AI to ensure that we are net beneficiaries and not simply powerless recipients of this new and potentially disruptive technology.

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Greater COVID-19 consultation needed to avoid economic losses

Empty tables in hospitality venue

The SA Centre for Economic Studies (SACES) is urging the State Government to consider a more consultative approach with industry in its response to the COVID-19 pandemic to avoid disruption and losses to the hotel sector. This recommendation is informed by a survey of the hotel industry in South Australia to gauge the impact of the sudden lockdown of South Australia due to COVID-19 in November 2020.

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To the rescue: opportunities for connecting council procurement and social enterprise

Person crossing the street in evening in front of building

SACES has released a report which provides a toolkit for councils wishing to explore procurement strategies in order to achieve better social outcomes for residents, local communities and local business. It suggests steps that councils can take to identify social procurement opportunities and social suppliers of goods and services that councils procure. Methods for estimating the added value of social procurement are also described.

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SA small businesses bearing costs of late payments by big business

Australian one hundred dollar notes

A recent pilot survey provides insight into the challenges that South Australian SMEs face in being paid on time.

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Bushfires and weather hurt SA tourism activity, while coronavirus dampens the outlook

people relaxing on the beach

Eighty per cent of South Australian tourism businesses were impacted by the recent summer bushfires, with a slight majority (51 per cent) reporting they have been impacted to a moderate or significant extent, the December 2019 quarter edition of the SA Tourism Barometer report shows.

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Land tax debate: wholesale reform needed

coins stacked next to a wooden cut out of a house

A new report from University of Adelaide economists argues that the South Australian Government should consider wholesale reform to land tax.

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Newstart debate must focus on people not politics

man walking down stairs in bleak urban environment

A new report from University of Adelaide economists has added to the national debate about the Newstart Allowance, arguing that Newstart should be increased by as much as $120 a week and urging politicians to address the issue with maturity.

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