Articles on Economics

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California Gov. Jerry Brown signs SB350 on Oct. 7, 2015. The bill calls for increasing the state’s renewable electricity use to 50 percent and doubling energy efficiency in existing buildings by 2030. AP Photo/Damian Dovarganes

Will blazing a low-carbon path pay off for California?

California has set ambitious goals for cutting carbon emissions and shifting to a clean energy economy. How will this strategy affect the state's huge economy? An economist weighs the evidence.
Prime Minister Malcolm Turnbull used part of his address to the national press club to sell the company tax cut. Mick Tsikas/AAP

What economists and tax experts think of the company tax cut

The federal government is still trying to convince senate crossbenchers to pass a company tax cut but tax experts and economists dispute all of its supposed benefits.
The threat of the closure of Arrium’s steelworks in the SA town of Whyalla is just one of many that could disrupt the state’s economy. Mick Tsikas/AAP

The search for an economic solution for South Australia

South Australia is facing a whole range of social and economic problems that are forming the perfect storm.
Modern monetary theorists aren’t concerned with budget repair. Joel Carrett/AAP

Explainer: what is modern monetary theory?

Modern monetary theory is gaining traction in a global economic environment that defies the efforts of policymakers to restore growth.
MYEFO leaves Treasurer Scott Morrison with the difficult task of managing Australia through a period of both sluggish GDP growth and a persistent budget deficit. Mick Tsikas/AAP

There are two big political problems buried in the latest budget update

Next year GDP will grow at the second-slowest rate in 16 years, according to MYEFO. This has big implications for unemployment and the deficit.

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