Peer review is essential to good science – it’s time to credit expert reviewers

Although expert evaluation of research papers and funding applications is still widely regarded as central to the quality control of research, publishers and funders have increasing difficulty getting academics to agree to spend time on what can often be an onerous, thankless task. In short, peer review has problems.

The strain on the system is due in part to worldwide growth in research activity, but also arises because there isn’t a universal mechanism for recognising or crediting people for serving as peer reviewers.

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Meet the Kiwi whiz kids running a $200 million education empire

WHILE other Gen Ys are still finding their feet, these Kiwi whiz kids are running a global company worth more than $205 million.

Jamie Beaton, 21 and Sharndré Kushor, 22, have just closed a $39.5 million capital raising for the global online education business they started on Facebook and Skype. And they’re looking to expand their reach even further.

It all started when a teenaged Mr Beaton, whois academically gifted, realised that there was not enough support out there for kids who wanted to get into the world’s top universities.

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Tech incubator Powerhouse Ventures makes two new investments

ASX-listed Powerhouse Ventures has committed to invest up to $450,000 in a new ed-tech software company spun out of Victoria University’s Faculty of Education in Wellington in conjunction with Macleans College Auckland, as its share price languishes 30 Australian cents below its market debut last month.

The deal comes as it’s also about to announce its first ever investment into a spin-out from the University of Auckland – Objective Acuity, that has developed a revolutionary eye technology.

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KPMG to drive economic growth through support of entrepreneurism across Indigenous communities

KPMG has today launched a series of proposals aimed at spurring the economic growth of the Australian Indigenous community. To encourage further involvement in business and entrepreneurship, KPMG has developed 20 recommendations in conjunction with Indigenous thinkers to focus on areas of innovation, education and the Empowered Communities reform.
The Igniting the Indigenous Economy report, conducted by KPMG revealed that the gap between Indigenous and non-Indigenous Australians is now showing some signs of closing in key areas. While this gap may be closing, the progress of employment for the Indigenous community is still poor. KPMG acknowledges that the employment gap for Indigenous Australians vanishes for those who attain a high level of education.

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Investible launches education program for first time angel investors to democratise Australia’s investing community

Australian startup generator Investible has today launched First Angel, a new education program for first time angel investors. The 12 month program aims to fill the knowledge gap of local angel investors in the early stage investing process.
The First Angel program was launched by Investible cofounders Trevor Folsom and Creel Price to democratise angel investing in Australia and generate a more diverse investing community.

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