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

3  May 2013

Next EBE NSW PD Event - Annual Conference
Friday 17 May 2013 - Early bird places closing soon

This is the peak annual event for EBE NSW. Designed  for teachers of Business Studies, Economics, Commerce and Legal Studies, it  will include keynote presentations on the Australian Curriculum in Economics and Business and the implications for curriculum in NSW schools, the impacts of globalisation in the Australian context, Labour and Industrial Relations and the ROSA preliminary grades. There are also a number of workshops to choose from covering Business Studies, Commerce, Economics and Legal Studies. The conference will provide participants with professional growth in their own knowledge, understanding and skills with regards to syllabus subject matter, and in the teaching and learning of our courses. There will be opportunities to network with other teachers. Publishers will be in attendance to share the latest resources with participants. The full conference program and registration details are now available. Please note that early bird prices close on COB Monday 6th May 2013.

Do you teach in a remote area of NSW?

EBE NSW is offering a professional development grant for two teachers from remote areas of NSW to attend the 2013 EBE NSW Conference on 17 May 2013. EBE NSW will award registration to the successful applicants to attend the annual conference in Sydney and will pay for all travel expenses. To apply, please submit an application of 500 words or less on what benefits you and your school would obtain from attending the conference and interacting with other teachers of Business Studies, Commerce, Economics and Legal Studies. Please send submissions (including full name, school, home address, phone number, email address and EBE Member number) to by 7th May 2013.

HSC Business Studies Operations (Topic 1) Information Evening - Tuesday 4th June 2013, 5.00pm - 7.30pm

This information evening will be presented by Professor Eddie Anderson and Dr Erick Li from The University of Sydney Business School. It will enable teachers of the Board of Studies NSW HSC Business Studies course to increase and update their knowledge of the Operations topic. The strategies for effective operations management in large businesses will be focused on through examining contemporary business issues and actual business case studies. There will be an opportunity to ask questions. Teachers will return to their Business Studies classroom with an increased understanding of the Operations topic which they will be able to pass onto their students, and with new ideas and resources.

2013 CPA Plan Your Own Enterprise Competition

Entries to the 2013 CPA PYOE Competition are now open from  individual students  or groups of students. This competition has direct links to:
  • Topic 3 - Business Studies - Prelim. - "Business Planning"
  • Option 11 - Commerce - Running a Business
  • Option 2 - Commerce - Promoting and Selling
The CPA Australia Plan Your Own Enterprise competition encourages secondary school students to apply their business education to a real-life scenario. Participants are asked to devise a creative enterprise idea and submit a 3000 word business plan, explaining how their great idea could become a profitable business. For teachers, the competition is a valuable tool to enhance the business education curriculum. For students, it helps to build valuable work and life skills including:
  • organisation and planning
  • innovation
  • decision-making
  • research and communication
  • prioritisation and collaboration
  • reflection and action
The competition is open to all full-time students enrolled in a registered secondary school in Australia or New Zealand. There are two divisions with fantastic prizes up for grabs.

Division one – solo student entries
Student winner
  • $2500 cheque courtesy of CPA Australia
  • Reckon Accounts Personal Plus courtesy of Reckon Limited
School of winning student
  • Reckon Accounts Personal Plus
  • complimentary school membership to Victorian Commercial Teachers Association
  • $250 books courtesy of Business Educators Australasia 
Division two – group entries of up to six students
Group winner
  • $1000 cheque courtesy of CPA Australia
School of winning students
  • complimentary registration and airfare to VCTA’s Comview Conference 2013 courtesy of VCTA 
Download the brochure and application form. The winning plan for 2012 and the judge’s comments are also available on this website. Please ensure all PYOE entries are with EBE NSW no later than 5pm 28 August 2013. The PYOE 2103 NSW Awards Ceremony will be held on 15 October 2013.

Australian Government Budget 2013 - 2014 will be released on 14 May 2013 

CPA Australia advisors will answer questions on what the budget means in a live Q and A session. Access the Q and A session at

National Law Week is coming up, 13 - 19 May 2013

A full list of events is available here.

Cheryl Brennan - Recipient of the 2012 NSW Premier's Macquarie Capital Business Studies and Economics Teacher Scholarship

Business Studies teacher, Cheryl Brennan was awarded the 2012 NSW Premier's Macquarie Capital Business Studies and Economics Teacher Scholarship. She   has recently returned from overseas where she was involved in developing case studies on the HSC Business Studies Operations topic. You can read her blog by going to  It would be great for fellow Business Studies teachers to post comments to encourage further reflection about the Business Studies course content and methods of teaching. Cheryl will present a workshop at the 2013 EBE NSW Annual Conference (see annual conference item  above) titled "How Fair is Fair Trade? Focus on Business Studies Operations Topic and Coffee".

Australian Curriculum for Economics and Business Update

The Australian Curriculum, Assessment and Reporting Authority (ACARA) has published the final Shape paper for the Australian curriculum in Economics and Business. The draft curriculum is now being developed by a team of writers, with Dr Alex Millmow as the lead writer or ‘coach’. ACARA has published details of the timeline for further development of the curriculum and the composition of the Advisory Group for the Writing Phase includes EBE NSW Directors Professor John Lodewijks and Rhonda Thompson. In addition, BEA Councillor Mandy Hudson from WA is also a member of the group. July 2013 will be a critical time for teachers as the consultation on the draft curriculum commences. 

EBE NSW invites members who wish to be part of an EBE group to lead the development of EBE’s response to the draft curriculum to send an email to, providing your school contact details. Members who participated in the 2013 webinar on the draft Shape Paper will automatically be included in the group.

The Hon Peter Garrett MP, Minister for School Education, Early Childhood and Youth published a media release, “Shaping the Australian Economics and Business Curriculum”, on 8 January 2013. The ABC TV program “Behind The News” aired a story (“School Economics”) on 5 February 2013 about the news that Economics will be taught in primary schools. Hear the latest information about the Australian Curriculum in Economics and Business at the EBE NSW 2013 Annual Conference (see annual conference item above).

Australian Curriculum for Economics and Business in Bite Size Chunks

"A contemporary view of Economics and Business education affirms that while a distinction can be made between Economics and Business, they are interrelated and an integrated approach towards developing a curriculum for this learning area should be adopted. The Australian Curriculum: Economics and Business comprises Economics, which is seen as the underpinning discipline, and Business, where the economic concepts apply across a range of business contexts." Shape paper for the Australian curriculum in Economics and Business ("Rationale", Page 7)

Television Program - "On Trial" - ABC 1, Thursday 9 May 11.20pm

On Trial is a groundbreaking, five part documentary series featuring unprecedented access to major criminal trials in Australian courts. If you missed it the first time, it is being repeated at the moment.  For the first time cameras have been granted full access to the Supreme Court of Western Australia and the District Court of NSW where criminal cases are dealt with before judge and jury. The series features a murder trial, a major assault, and a robbery and assault trial. A free study guide is available here The ABC program Behind The News aired a story titled "Courtroom Cameras" on 15 November 2011 regarding the rules in Australia which stop TV cameras filming in courts.

Overseas Field Study Trips - AEF-ACSA Study Programs: Malaysia, Indonesia and Thailand

In partnership with the Australian Curriculum Studies Association (ACSA), Asia Education Foundation (AEF) is offering three study programs to Asia following the 2013 ACSA Biennial Conference in September. The study program destinations are Malaysia (28 September 2013 - 6 October 2013) Indonesia 28 September 2013 - 6 October 2013)  and Thailand (28 September 2013 - 6 October 2013). Participation in an AEF-ACSA Study Program provides the opportunity to build the necessary Asia relevant capabilities to implement the Australian Curriculum. Each of the Study Programs are aligned to the Australian Curriculum cross-curriculum priorities:
  • Aboriginal and Torres Strait Islander histories and cultures 
  • Sustainability
  • Asia and Australia's engagement with Asia.
For more information visit (Go to "Teachers", then "Study programs to Asia", then go to the  AEF - ACSA Study Programs section).

"Economics Q and A" - Monday 6th May 2013 at The University of Sydney

The Economics Society of Australia in conjunction with the School of Economics at the University of Sydney presents an "Economics Q and A". This event will be in the style of the ABC's Q&A television program - but with economics-related questions and panellists. You will have the chance to ask an expert panel questions as they debate the upcoming budget and the economic issues of the day. The panel will be moderated by Peter Martin the national economics correspondent for The Age, The Sydney Morning Herald and The Canberra Times.
Date: Monday 6th May
Time: 5:30pm for a 6:00pm start.
Venue: Sydney University New Law School building
To book a place, or submit a question, please send an e-mail to, places are limited. The panel includes:
  • Bill Evans is the Chief Economist at Westpac. Bill is a graduate from the University of Sydney and the London School of Economics. He has worked as a Research Manager for the Reserve Bank of Australia and as Treasurer at the Commonwealth Bank of Australia.
  • Jessica Irvine is the National Economics Editor of News Limited's metropolitan daily newspapers. Before that she was economics writer for The Sydney Morning Herald, including a two-year stint in the federal Press Gallery in Canberra. She also authored "Zombies, bananas and why there are no economists in heaven: The economics of real life".
  • Stephen Kirchner is a research fellow at the Centre for Independent Studies. Previously he was a Senior Lecturer at the School of Finance and Economics, University of Technology, Sydney. His areas of expertise include monetary and fiscal policy, financial markets, trade and investment and public choice.
  • Miriam Lyons is the Executive Director of the Centre for Policy Development. Formerly the Policy Coordinator of New Matilda, Miriam has a long history of bringing policy ideas to new audiences, as the founding director of the Interface Festival of Ideas in Sydney, and director of the Ideas Program for the Straight Out of Brisbane Festival.
  • Prof Colm Harmon is the Head of the School of Economics at the University of Sydney. His main research interests are the economics of education, labour economics and applied economics policy. He has held visiting appointments at Princeton University, University of Chicago and UCL

NSW State Library: Hot Topics Live! International Humanitarian Law

Hot Topics is published by the State Library's Legal Information Access Centre (LIAC). Hot Topics Live! was first held in 2011 and is an annual event held in the week before law week at the State Library of New South Wales. The event will highlight a recent issue of Hot Topics as a way of drawing attention to the publication series and to the work done by the Legal Information Access Centre, based in the State Library.

Come to hear Dr Emily Crawford, University of Sydney Law School and author of Hot Topics 80: International humanitarian law, together with Jane Munro from Australian Red Cross and Squadron Leader Bryan Cavanagh from the Australian Defence Force offering their perspectives on international humanitarian law - the area of law that regulates armed conflict.
The discussion will be moderated by Edward Santow, Chief Executive Officer of PIAC (Public Interest Advocacy Centre).
Date: Wednesday 8 May 2013
Time: 9.30 AM to 11.00 AM
Venue: Metcalfe Auditorium, State Library of NSW
Cost: FREE
Registrations: essential - please visit the registration page
Enquiries: phone (02) 9273 1645

The University of Sydney - Sydney Ideas Free Public Lectures 

The following events are free but require registration at EBE members are encouraged to attend and submit a report based on the event for "The EBE Journal".
1. Struggle Without Breaking: Behind The Rising East Asian Maritime Tension Tuesday 14 May 2013 At The University Of Sydney, 6pm - 7.30pm
Dr Chong-Pin Lin, Adjunct Professor at the Graduate Institute of Strategic Studies at Taiwan's National Defense University. A China Studies Centre Distinguished Speaker Lecture.

In recent years, East Asian maritime disputes have become more frequent and intense with the backdrop of shifting regional power balance from US primacy to China rising. Two countervailing forces have been at work. On one hand, national leaders have found that external toughness yields internal returns, which has compelled the maritime tension to rise. Such factors include China's post-2008 assertiveness, US expanding East Asian presence, and the growing territorial defiance of China's neighbours. 
On the other hand, rising economic interdependence has prevented the crisis caused by territorial disputes from boiling over into open military conflict. The restraining factors include Beijing's decades-long guideline of 'struggle without breaking', the rising accommodation school in the US, and the hedging strategy of China's neighbours.
As the shelf lives of the compelling factors are short, while those of the restraining factors are long. The propensity for tension to erupt beyond control is low.
In order to do that, it is necessary for Japan to pursue both Japan-US alliance and Japan-China entente as essentialities, allowing the long lasting anguish of having to choose between the West and Asia to be overcome. This is the ultimate aim of a country such as Japan which lies between two superpowers, as it also is in the case for Australia.
It is also important to carry on the opening-up of Japan as a hub in the network of Asia and the Pacific. This will allow Japan to contribute to the building of a regional architecture on the basis of fundamental values such as democracy, freedom, respect of human rights and the rule of law.
Dr Chong Pin Lin is Adjunct Professor at the Graduate Institute of Strategic Studies at Taiwan's National Defense University. He served for eight years in the government of Republic of China as: Deputy Defense Minister (February 2003 - May 2004); Senior Advisor in the National Security Council ; the First Vice Chairman and Spokesman of the ministerial-level Mainland Affairs Council; and MAC Second Vice Chairman
From 1987 to 1995, he was Resident Scholar and the Associate Director of the Asian Studies Program at the American Enterprise Institute in Washington D.C. He taught from 1984 to 1995 alternatively as Sun Yat-Sen Chair Professor and Adjunct Professor at the Government Department and the School of Foreign Service at Georgetown University. From September 1995 to June 1996, he served as Professor and Director, Graduate Institute of Political Science, the National Sun Yat-Sen University in Kaohsiung, Taiwan. From August 2004 to July 2012, he was Professor at the Graduate Institute of International Affairs and Strategic Studies at Tamkang University.
He has authored many books including China's Nuclear Weapons Strategy (1988), and in Chinese, The Power of Dragon (1992), The Nuclear Hegemon (1999), Win With Wisdom (2005), Perchance Prescient (2008), Notes from an Earthly Journey (2009), and Global Shift: Exploring the Roots of Rising Disasters (2012). He has published in 15 international journals and 11 international newspapers including China Quarterly, and New York Times, respectively. In his oped writings, he has predicted four consecutive U.S. presidential elections between 2000 and 2012 (more info), and the 'naked retirement' of China's leader Hu Jintao in 2012 (more info).
2. The 'C' Word - The Challenge and Necessity Of Changing Our Constitution - Tuesday 28 May 2013 At The University Of Sydney, 6pm - 7.30pm
Presented in partnership by the NSW Reconciliation Council and Reconciliation Australia to mark National Reconciliation Week 2013. The Australian Constitution has not been amended for more than 35 years. In fact, with only 8 of 44 total referendums successful, changing our Constitution is a notoriously difficult task.
With a referendum proposed for the near future and the daunting task of achieving a 'yes' vote, what is the likelihood of constitutional change? Will Australians be ready to erase the racial discrimination in our founding document and include significant recognition of Aboriginal and Torres Strait Islander Australians?
And what does it say about us as a nation if we don't?
To celebrate Reconciliation Week 2013, join Dr Tom Calma AO, Associate Professor Sarah Maddison and Professor Anne Twomey in a discussion on national identity, Constitutional change and the next steps for reconciliation in Australia
Dr Tom Calma AO is an Aboriginal elder from the Kungarakan tribal group and a member of the Iwaidja tribal group in the Northern Territory. He has been involved in Indigenous affairs at a local, community, state, national and international level focusing on rural and remote Australia, health, education and economic development. Dr Calma is a strong advocate for Indigenous rights and empowerment and has spearheaded initiatives including the National Congress of Australia's First Peoples, development of the inaugural Indigenous suicide prevention strategy and Justice Reinvestment. Past positions include Aboriginal and Torres Strait Islander Social Justice Commissioner and Race Discrimination Commissioner at the Australian Human Rights Commission and senior Australian diplomat in India and Vietnam.
Professor Anne Twomey is a Professor of Constitutional Law in the Sydney Law School at the University of Sydney She has previously worked for the High Court of Australia, the Commonwealth Parliamentary Research Service, the Senate Legal and Constitutional Committee and The Cabinet Office of New South Wales. She has written extensively about the State and Commonwealth Constitutions, and is Director of the Constitutional Reform Unit at Sydney Law School which has looked at the recognition of Aboriginal people and Torres Strait Islander peoples in a preamble to the Constitution. 
Associate Professor Sarah Maddison is a widely published Australian author and academic, who currently holds an Australian Research Council Future Fellowship in the School of Social Sciences at the University of New South Wales. Her fellowship project is a four-year comparative project exploring dialogue and reconciliation in South Africa, Northern Ireland, Guatemala, and Australia. Her recent books include Black Politics: Inside the complexity of Aboriginal political culture (2009), winner of the Australian Political Studies Association Henry Mayer book prize in 2009, Beyond White Guilt: The real challenge to Black-White relations in Australia ( 2011), and the co-edited collection Unsettling the settler state: Creativity and resistance in Indigenous Settler-state governance (2011).

NSW Government "Great Teaching, Inspired Learning"

The NSW Minister for Education, the Hon Adrian Piccoli MP, released the discussion paper "Great Teaching, Inspired Learning" in 2012. EBE NSW made a submission to the paper which is published in the latest edition of "The EBE Journal" as well as at This year two follow up documents were released:
  • "Great Teaching, Inspired Learning - Analysis of responses to the discussion paper"
  • "Great Teaching, Inspired Learning - A blueprint for action"
Read these documents and keep up to date with these important developments in education policy which affect our students at

Latest issue of The EBE Journal (2012 -Issue 2)

EBE JournalIf you have still not read the latest (2012 - Issue 2) or if you still have more articles to read, it is available on the EBE NSW website. Current EBE members must login to read the journal. Please register to obtain a username and password if you have not done so already. Some past issues of the journal are also available. Some of the outstanding articles in the latest issue include:
  • Interview with Ross Gittins: Sydney Morning Herald Economics Editor
  • Retuning Australia’s Economic Debate – John Conroy (This article looks at the declining number of students studying Economics at school).
  • Offshore Outsourcing – Oscar Hauptman, Nidthida Lin and John Lodewijks, Industry and Innovation Studies Research Group (CInIS), University of Western Sydney
  • Creating a Desire for Students to Engage with Financial Literacy – Maike Sundmacher, School Of Business, University of Western Sydney.
  • Dialogic Concept Mapping for HSC Business Studies – Cameron Esslemont
  • Rule of Law Critical to Consumer Law – Nick Clark, Rule of Law Institute of Australia
  • 2012 CPA Australia – Plan Your Own Enterprise Competition National Winner – Division One
  • Business Studies and Legal Studies Textbook Reviews
The journal also contains an interview with Maree Gibson, a teacher at the Australian International School in Malaysia, who teaches the Board of Studies NSW Business Studies, Commerce and Legal Studies courses at the school.

Past issues of "The EBE Journal"

Some past issues of "The EBE Journal" are available on the EBE NSW website and contain some useful teaching and learning resources. For example in Issue 3, 2007 there is a crossword based on "Financial Management", as well as the answers.

Articles needed for the next issue of “The EBE Journal”

All members are invited to submit an article for publication in the next edition of  “The EBE Journal” (please email us at  Contributing to the journal is one way to demonstrate professional competence, accomplishment or leadership for the purposes of accreditation with the NSW Institute of Teachers. It is also an effective way to engage in professional dialogue and sharing with other teachers.

2013 EBE NSW Membership Renewals

Thankyou to all members who have renewed their EBE NSW membership for 2013. There are a number of members who were financial in 2012 but have not yet renewed their membership for 2013. Recently all unfinancial members were sent a letter reminding them to renew their membership for 2013. Membership for unfinancial members will end if membership is not renewed by 24 May 2013. Also please note the payment options for the annual conference for non-members which include annual membership (see the annual conference item above).

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. Email

Head Teachers /Coordinators are reminded to forward this e-newsletter to all teachers in their department who teach Business Studies, Commerce, Economics and Legal Studies.

I look forward to seeing you at the 2013 EBE NSW Annual Conference on 17 May 2013.

Joe Alvaro
President — Economics and Business Educators NSW

Looking back 
1 May 2011 - US President Barack Obama informs the world about the  death of terrorist leader Osama bin Laden in a raid on his home in the Pakistani city of Abbottabad.
3 May 1979 - Margaret Thatcher, 53 wins her first election, becoming the first female prime minister in Europe. She led Britain for 11 years.
3 May 1999 - An illegal heroin injecting room opens in Sydney's Kings Cross. This will lead to laws allowing a heroin injecting room.
14 May 1984 - Australian $1 coins went into circulation.
18 May 2001 - BHP  shareholders vote to merge with London basedminer Billiton, in the biggest amalgamation in Australian corporate history.
30 May 1928 - Cadbury's Dairy Milk Chocolate was first produced inTasmania.
Quick statistic from the Australian Bureau of Statistics 2011 Census
In Australia, on the day of the Census, the methods of travel to work for employed people were Car, as driver 60.2%, Car, as passenger 5.3% and Train 3.9%. Other common responses were Walked only 3.7% and Bus 3.0%. On the day, 10.4% of employed people travelled to work on public transport and 65.8% by car (either as driver or as passenger).
Attitude to money
"Every time you spend money, you're casting a vote for the kind of world you want."
Anna Lappé
American writer, speaker and activist
"Besides the noble art of getting things done, there is the noble art of leaving things undone. The wisdom of life consists in the elimination of non-essentials."
Lin Yutang
Chinese writer, translator, linguist and inventor
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