Australia’s economy faces grave threats from climate change, but the greatest threat is if we do not make a serious effort to reduce greenhouse gas emissions. It’s not just the physical impacts of climate…
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Articles on Australian economy
Displaying 121 - 134 of 134 articles
Consumer sentiment has tumbled to levels not seen since August 2011, in a post-budget drop economists say does not reflect…
This past Tuesday was another bad day for Australian federalism: the Abbott government’s first budget announced the axing of the COAG Reform Council and the withdrawal of a promised A$80 billion from health…
This week’s budget was clearly highly political. The question is what its economic impact will be. My overall assessment is that the Abbott government has burnt too much political capital for too little…
In the popular novel of F. Scott Fitzgerald, James “Jimmy” Gatz (The Great Gatsby) climbs from his poor, rural North Dakotan origins to New York’s high society. His parties are as glamorous as they get…
Governments have “run out of money” and the “cashed up” private sector needs to step up investment, Treasurer Joe Hockey…
Australia’s cost of living is among the highest in the world, despite our low inflation rate. In this series we explore what consumers can expect from the big ticket items - petrol, power and groceries…
Australians are heading into 2014 with job vacancies falling, and Australian Treasury forecasts and monthly labour force data all pointing to rising levels of unemployment in the year ahead. Some local…
The mid-year budget update released on Tuesday — known as MYEFO — largely tells close observers what they knew already. The Commonwealth budget doesn’t add up. Revenues don’t cover outgoings. The numbers…
Federal Treasurer Joe Hockey’s first budget update has revealed a massive blowout to the bottom line and a warning of a decade of deficits ahead. The government’s Mid-Year Economic and Fiscal Outlook (MYEFO…
Consumer Sentiment fell by 4.8% in December, but despite the drop other indicators still point toward a robust Christmas period for retailers. Retail trade recorded its strongest result for three consecutive…
“Australia has one of the lowest unemployment rates in the developed world.” - Finance minister Penny Wong, The Drum opinion article, 14 January. Several ministers, including finance minister Penny Wong…
Welcome to the first in our two part series of video collaborations with SBS, with Dr Ken Henry, former Treasury Secretary and the Prime Minister’s Special Adviser, responsible for the Australia in the…
The Prices and Incomes Accord, that historic agreement between government and unions born 30 years ago, may have disappeared into history. But its most enduring and important lesson arises from its role…
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