EBE members are now able to access the electronic version of The EBE Journal online. Members must register to access the journal.
Economics and Business Educators of NSW

From the President

June-July 2012

Dear EBE NSW Members,

Professional Development Event – Teaching Year 12 HSC Business Studies, Economics or Legal Studies Courses for the first time in Term 4, 2012/2013?
This event will be held on Monday 23 July 2012 from 4pm – 7.30pm. The Business Studies session will focus on the new Business Studies HSC syllabus which is being examined for the first time this year. The Economics session will be based on all the latest changes to the Economics HSC syllabus. The Legal Studies session will be based on the new Legal Studies HSC syllabus, which will be examined for the second time this year. There will also be a general presentation on the topic of HSC assessment. Participants are asked to bring a copy of a resource (worksheet, assessment task etc.) to share with colleagues.
>> Registration form
Professional Development Event - 2012 Business Educators Australasia Inc. Biennial Conference
The BEA Biennial Conference will be hosted by EBE NSW in Sydney this year on Thursday 4th and Friday 5th October 2012. The conference will provide a forum for the teaching and learning of Business and Economics education and associated studies for colleagues across Australia and overseas. A particular emphasis will be on the development of the Business and Economics Australian curriculum. Keynote speakers include Dr Ken Henry AC and Ross Gittins AM. Two days of top quality professional development and sharing has been planned. For the program overview, please click here. Registrations are now open. Early bird discounts close on 15 August 2012.
>> Details about registration
>> Details about the program
2012 EBE NSW Trial HSC Examinations
The 2012 EBE NSW Trial HSC Business Studies, Economics and Legal Studies examination papers are now ready to be ordered. The Business Studies paper is based on the new Business Studies HSC syllabus which is being examined for the first time this year. Some past papers are also available for purchase.
>> Order form
New Board of Studies NSW HSC Business Studies Syllabus
As well as the above support by EBE NSW for the new HSC Business Studies Syllabus, members are reminded that the Board of Studies NSW has the following material on its website to support teachers and students:
  • A Business Studies HSC course support document for the new syllabus
  • “A guide to the revised Stage 6 Business Studies Syllabus”
  • Business Studies – 2012 HSC Specimen Examination Package
  • 2011 HSC examination sample answers (keep in mind these are based on the old syllabus and teachers will need to be selective)
  • Past examination papers, marking guidelines, notes from the marking centre and online multiple choice self -tests (again, keep in mind the new syllabus)
  • 2010 Business Studies HSC Exam Workbook with real answers from top-scoring HSC students’ answers (again, keep in mind the new syllabus).This book is available for purchase for $15.40.
2012 CPA Australian Plan Your Own Business Enterprise Competition
The 2012 CPA Australia PYOE Competition is currently underway. There is no better way to teach students about business planning than through this competition. First prize is a trip to Shanghai in China for five nights with $500 spending money. The closing date for applications is 22 August 2012. More information is available on the home page of the EBE NSW website. In the current edition of The EBE Journal you will find the winning entries from last year’s competition.
2012 Money Stuff Competition
Now in its twelfth year, this competition is an excellent way for students to learn about consumer rights. Entries close on 5 August 2012.
>> Further details

Australian Curriculum in Economics and Business
Together with a group of other EBE NSW Directors, I represented EBE NSW at the Australian Curriculum, Assessment and Reporting Authority Economics and Business National  Forum on 1 June 2012 in Sydney for the beginning of the development of Economics and Business curriculum for every young person in Australia. An initial advice paper, developed by an expert advisory group, was the subject of extensive deliberation and feedback to ACARA for further development and the next stage — a draft Shape of the Australian Curriculum: Economics and Business paper which will be released later this year. Participants at the forum included experienced practitioners K-12, system and curriculum authority representatives, professional association representatives including EBE NSW and BEA, tertiary representatives, business organisations and key stakeholders including the UN and Human Rights Commission. EBE members will have access to all developments in the Australian curriculum for Economics and Business. Be sure to attend the 2012 Business Educators Australasia Inc. Biennial Conference which will have a special focus on the Australian Curriculum for Economics and Business (see above).
Civics and Citizenship Draft Shape Paper
Feedback given on the Civics and Citizenship  Initial Advice Paper at an ACARA national forum on 19 March 2012 (where I represented EBE NSW) has now been analysed and the Draft Shape of the Australian Curriculum: Civics and Citizenship is now available for public consultation until 10 August 2012. The draft Shape Paper proposes directions for the development of the national Civics and Citizenship curriculum for Years 3-12. The next stage will be the publication of the Shape of the Australian Curriculum: Civics and Citizenship which will guide the writing of the Civics and Citizenship curriculum. I encourage all members to read the draft Shape Paper and think about the courses we teach as they have strong connections with Civics and Citizenship. EBE NSW will be formulating a response to the draft Shape Paper and members can send in comments to to help in the writing of this response. Members can also provide feedback through ACARA’s online questionnaire. Be sure to attend the 2012 Business Educators Australasia Inc. Biennial Conference which will have more information about the Australian Curriculum for Civics and Citizenship (see above).
>> Draft Shape of the Australian Curriculum: Civics and Citizenship
>> Provide feedback through ACARA’s online questionnaire
NSW Government 2012 State Budget News
In the recent NSW Government 2012 State Budget the following educational programs were axed:
  • The Board of Studies NSW HSC Advice Line.
  • The Master of the Mall teaching resource which was developed by the NSW Department of Fair Trading in collaboration with the Curriculum K-12 Directorate of the NSW Department of Education and Communities and which was based on the Commerce syllabus. If you would like to order a free copy of this resource from the remaining stock, send an email with with contact details to
Congratulations to Ross Gittins - Doctor of Science in Economics
The University of Sydney awarded Ross Gittins an honorary degree of Doctor of Science of Economics on 27 April 2012 for his outstanding contribution to the public understanding of Economics. Of particular significance, is that his much valued work with teachers and students of Economics, over many years, was recognized by the University, through this award. Part of the award citation mentioned that “he has been a central figure for decades for HSC students studying Economics. He is, in short, a national figure whose influence reaches from Cabinet in Canberra to the high school” (read the full citation). Ross has spoken at numerous EBE NSW events over the years. A letter of congratulations from EBE NSW has been sent to Ross. As mentioned above, Ross will be one of the keynote speakers at the 2012 Business Educators Australasia Inc. BiennialConference. Congratulations Ross!
Job vacancies
The Board of Studies NSW is currently advertising for the following positions which relate to the 2013 HSC Examinations:
  • Business Studies Chief Examiner ( Applications close on 29 June 2012)
  • Economics Chief Examiner (applications close on 29 June 2012)
  • Members for the Business Studies, Economics and Legal Studies examination committees ( applications close on 24 August 2012)
  • Assessors (applications close on 23 November 2012)
One requirement is that you will not be teaching the subject you apply for during the 2013 HSC year (e.g. you may have a situation in your faculty where teachers take turns in teaching senior courses or you may be recently retired). Full details on the Board of Studies NSW website.
TV Resource
The ABC program “Behind the News” has produced a story on the latest developments in the Azaria Chamberlain case titled “Dingo Decision” (Episode 17, 2012). It’s a good audio-visual overview of the case and the latest coroner ruling for Commerce students studying law related topics and Legal Studies students.
Coming up – MoneySmart Week 2-8 September 2012
This is an initiative from the members of the Australian Government Financial Literacy Board, led by Paul Clitheroe AM. In relation to this national initiative Paul Clitheroe says "I encourage everyone to get involved in MoneySmart Week. It is a week when we can stop, take stock of our money and take the first steps towards a better financial life!”
>> Further details

Have you registered for the members’ only section on the EBE NSW website?
Members who have not already done so are encouraged to visit the EBE NSW website and complete the EBE NSW member registration form which will enable you to access the members only section of the website. The current issue of The EBE Journal is available in the members’ only section. Members can also access some of the back issues of The EBE Journal. The journals contain excellent professional reading in relation to the subjects we teach.
EBE NSW Helpdesk
As always EBE NSW Directors are available for advice and assistance to members in relation to the teaching and learning of Business Studies, Commerce, Economics and Legal Studies.
All good wishes for a safe and happy end of term 2 holiday period.
Joe Alvaro
President — Economics and Business Educators NSW 

Quick statistic from the Australian Bureau of Statistics 2011 Census
Mandarin is now the second most common language spoken at home after English.

Attitude to money
“I’d rather have it than not. There’s nothing virtuous about poverty. Money is a cushion against inconvenience and pain.”
Kerry Greenwood (The Sydney Morning Herald, 25 June 2008).

“Life is tough for everyone in different ways. It’s a waste not to make the most of what we have.”
Jeremy Kwok, Recipient of the Board of Studies NSW 2011 Brother John Taylor Memorial Prize (awarded to students who achieve outstanding HSC results despite significant hardship)

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