2023 Publications Performance
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Monash Research Outputs: 179
Mean Field Weighted Citation Impact (FWCI): 1.85
3 Year Rolling Mean FWCI: 1.86
Christmas Retail Trends Report
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Australian Consumer and Retail Studies in the Monash Business School released its fourth annual Christmas Retail Trends Report, revealing that, despite economic pressures, Australian shoppers planned to spend more on Christmas gifts in 2023. The survey highlighted increased spending across various categories and a preference for a mix of physical in-store and online shopping.
Further relevant SDGs:
Navigating the Gig Economy and Economic Insecurity
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Researchers from the Centre for Youth Policy and Education Practice, Faculty of Education, released the findings of a study showing the impact of insecure work on young Australians, particularly in the context of the gig economy. The team drew on results from the 2022 Australian Youth Barometer to explore how the COVID-19 pandemic amplified conditions of uncertainty in young people's lives, including employment, income, and housing.
Further relevant SDGs:
Cost-of-living and Consumer Deviance Spotlight
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A survey on attitudes towards cost-of-living pressures and retail deviance by Monash Business School’s Australian Consumer and Retail Studies revealed increased financial pessimism among consumers, combined with changes in spending habits, and a rise in retail theft amid economic challenges. The ACRS Cost-of-Living and Consumer Deviance Spotlight report showed that 77 per cent of consumers expected to be in the same or worse financial position over the year.
Further relevant SDGs:
CTOs State of Consumer Credit 2022 Malaysia Report
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Monash University Malaysia and credit reporting agency CTOS released a comprehensive report on the consumer credit landscape in Malaysia, analysing credit scores, debt levels, and credit utilisation among Malaysians. The “CTOS State of Consumer Credit 2022 Malaysia” report provides information on debt levels and credit utilisation, offering valuable insights into the credit habits of Malaysians for businesses, policymakers, and individuals.
Further relevant SDGs:
Measuring Impact of Emojis in Online Reviews
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A study by Monash Business School researchers on the use of emojis in marketing communication on Airbnb listings in the US found that over-using ‘non-face emojis’ had the potential to impact sales. The study, which had ramifications for other digital platforms, analysed how emojis affect user engagement and electronic word of mouth, distinguishing between complementary and substitutive uses of emojis.
Further relevant SDGs:
Unit statistics and highlights
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In 2023, Monash offered 103 units directly related to SDG8 with 11,749 total enrolments.
The units highlighted below are a small sample of the units at Monash relating to decent work and economic growth:
Monash Indonesia - Traveloka MOU on Human Capital Empowerment and Innovation
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Monash Indonesia and Indonesian tech company Traveloka signed a memorandum of understanding to increase the development of digital talent in Indonesia. Australian and Indonesian government representatives attended the signing of the partnership, which will draw on business use cases from industry to provide training and upskilling for university professionals and support the creation of a local digital talent pool.
Further relevant SDGs:
Opportunities and Challenges of the Digital Revolution
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Monash Business School’s new Digital Lab hosted its inaugural conference, “Opportunities and Challenges of the Digital Revolution,” bringing together international academic, industry, and government experts to explore the biggest issues facing the digital economy. Participants attending the event discussed matters relating to consumer protection, anti-competitive behavior, and the need for updated regulations to foster a competitive, innovative digital market in Australia.
Further relevant SDGs:
Mutuals Value Measurement Framework
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The Mutuals Value Measurement Framework, a business tool developed by Monash Business School researchers to help mutuals and co-operatives define their value, was launched in Europe after a successful two-year field study in Australia. The framework helps co-ops and mutuals to measure their total value creation using six common criteria: commerciality, shaping markets, member relationships, community relationships, ecosystem and reciprocity, and mutual mindset.
Further relevant SDGs:
Modern Slavery Disclosure Quality Report
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The Monash Business School’s Centre for Financial Studies released its third annual Modern Slavery Disclosure Quality Report, assessing the quality of modern slavery reporting among ASX100 companies. The report found a trend of significant improvements in reporting standards and the commitment of major Australian corporations to combat modern slavery in their operations and supply chains.
Further relevant SDGs:
Modern Slavery Statement
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Monash University supports universal human rights and stands strongly against all forms of modern slavery. The University is committed to actively seek out and address any potential instances of modern slavery within its global operations and supply chain.
In 2023 Monash completed the fourth year of its five year continuous improvement program to systematically address modern slavery within our operations and supply chain, the full details of which are published as the University’s 2023 Statement on the Modern Slavery Act.
Monash University Group Economic Impact
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The Monash University Group had 18,018 total staff (9,8460 FTE) and total operating expenses of $3248.3 million from continuing operations in 2023.
Employment Security
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In 2023, the median length of service of Monash staff was 5.4 years, the highest median length of services for seven years.
Flexibility to Substitute Australia Day
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Monash University offers staff the option to substitute the Australia Day public holiday with another day, acknowledging that January 26 is not a day of celebration for all Australians. This initiative is part of the University's commitment to respecting Indigenous culture and communities.
Further relevant SDGs:
PhD Teaching Fellow Initiative
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In 2023 the University introduced the PhD Teaching Fellow initiative, which aimed to provide a pathway to more secure forms of employment for Monash PhD students by offering them the opportunity to apply for a fixed-term employment role at Monash.
Further relevant SDGs:
Global Staff Mentoring Program
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The Monash Global Staff Mentoring Program was offered across Australian and international campuses and locations for the first time in 2023. The five-month program matched mentees with senior staff members to build professional skills, more effectively navigate the University, grow their leadership capabilities and enhance their potential for career progression.
Mentors had the opportunity to refine their leadership and management skills and grow their networks. In total, 643 participants – 575 of whom were based in Australia – took part as a mentee or mentor, or both in 2023.
