This paper uses a multifactor model to examine the role of crude oil as a pricing factor in Australian excess industry returns over the period January 1980 to August 2006. A dynamic model is also specified to provide insights into the relationship between the stock market and past oil price...

Private health insurance plays a central role in the Australia's healthcare system and improving the efficiency of the industry as a means of lowering premiums to policyholders is an important goal of the existing legislation and regulatory framework. In this paper, we examine the technical and...

In this paper, we investigate productivity growth in 55 major Australian urban water utilities using nonparametric frontier techniques over the period 2005/06 to 2008/09. The five outputs included in the analysis are chemical and microbiological compliance, and the inverses of real loses per...