As much as $1 billion in taxpayer funding may be being funnelled into the pockets of for-profit academic publishers every year, writes Dr Kristen Scicluna.

Hundreds of millions of dollars of taxpayers’ money intended for research and education is being funnelled to giant international academic publishers each year, new research from the Australia Institute identifies.

It’s official: the Reserve Bank of Australia will have its board split in two, and two new appointees will join the reconfigured monetary policy board, whose job it is to make decisions on interest rates. The move was recommended by an independent review panel in 2023. The new members of the monetary policy board, one