Money Matters - Simplified

Australian researchers

DNA identifies rare Australian bird

Adelaide, Australia -- Australian researchers using DNA says they have identified a new but critically endangered species of parrot in Western Australia.

DNA experts from the University of Adelaide using museum specimens up to 160 years old say populations of ground parrots in eastern and western Australia are highly distinct from each other and that the western populations should be recognized as a new species, Pezoporus flaviventris, reported.

"The discovery has major conservation implications," said research leader Stephen Murphy of the Australian Wildlife Conservancy.

Country's cultures affect workplace

Perth, Australia -- Globalization has many firms expanding abroad but this may require different management styles and modes of communication, U.S. and Australian researchers say.

Cristina B. Gibson of the University of Western Australia and Dana M. McDaniel of the University of California, Irvine, say people in different countries and different cultures think about work in different ways.

For example, U.S. companies often use language and metaphors. Elsewhere this is not common at all, while in Latin America, businesses often use family metaphors, Gibson says.

Rainforest trees better for environment

Canberra, Australia -- Australian researchers say reforestation of damaged rainforests is better for the environment than planting single-species plantations in their place.

Mixed-species rainforests are much more efficient at capturing carbon than softwood monoculture plantations, an article published in the journal Ecological Management & Restoration says.

Monoculture plantations are grown for industrial purposes and are used as a cheap and abundant source of resources such as timber and rubber. The plantations are highly controversial, however, with some ecologists describing the lack of diversity as a "green desert."