Reserve Bank of Australia governor Philip Lowe has effectively ruled out an interest rate rise until wage growth tops 3%.
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That the Fair Work Ombudsman brought a case against Foodora suggests its workers are most likely to be classified as employees. This could dissuade other platforms from offering similar benefits.
Economics isn’t just about money – it offers ways to tackle many of our problems. But economists lack diversity, and that limits how they see the world and the solutions they offer.
Interviews with Chinese executives confirm the political debate about China is creating feelings of being unwelcome and apprehensive about investing in Australia.
Studies of workplace happiness have tended to overlook the well-being of managers. They earn the big bucks so should suck it up, right? But a happy boss means a happy team – and that’s good for everyone.
The Commonwealth Bank has agreed to pay a $700 million fine over its inadvertent failure to tackle money-laundering. But the penalty is in line with punishments for far more serious violations by other banks.
The charges laid against ANZ and other banks over alleged cartel-like behaviour suggests that Australia is following the United States in cracking down on anti-competitive behaviour.
Some US$4.6 trillion has been made available to stave off financial crises across the world. The problem is that much of this funding is now spoken for, and the list of stricken nations is growing.
Amazon has barred Australian shoppers from its US site, rather than contend with new GST rules on overseas purchases. But don’t expect a stampede at your local branch of Harvey Norman as a result.
The income tax cuts in the 2018 federal budget are likely to be modestly regressive, giving high earners a lower share of the overall tax burden. But by 2028 income tax will be higher across the board.
Italy’s economy is verging on bankrupt and its election results have dealt a hammer blow to the prospects of fixing things. The best option, financially at least, may be to put someone else at the helm.
Foreign investment in Australian property has plummeted by more than half, signalling an apparent end to the China-fuelled real estate frenzy. Along the way we learned some useful lessons about boom and bust.
Despite recent reforms, the superannuation system is still beset with problems such as high fees and patchy performance. You need to pay attention if you want to make sure your nest egg’s in the best hands.
New research shows that parenthood contributes to the gender pay gap and penalises all women, particularly those who were on high incomes before having children.
If the physical setting, as well as clear strategies to facilitate new connections and networks are right, then networking wouldn’t be such a pain.
Positive emotions, such as passion, have an established foothold in airport books on great leadership and executive coaching seminars. However, overemphasising “positive” emotions can be problematic.
It is well known that modern multinationals such as Google can derive substantial revenue and profits from Australia without significant physical presence here.
If programs don’t challenge the structural causes of gender inequality, microfinance will just continue to reinforce poverty and inequality.
Evidence in front of the banking royal commission today is very similar to the case that sparked consumer protection laws more than 30 years ago.
Even if policies could be found to bind new immigrants to regional areas, workers’ movements would continue to weaken the long-run impact on regional populations and economies.
We modelled a number of scenarios showing all increases in US or Chinese trade protection would cause international trade, and the global economy more generally, to shrink.
Even though house prices have risen substantially over recent decades, housing affordability for those with mortgages or own their houses outright hasn’t worsened
Despite the government spruiking its tax relief for Australians in this year’s budget, many women will not benefit from the tax plan.
New Zealand’s coalition government in its first budget has treated public policies as investments, with the goal of improving social and environmental outcomes.
Chief Scientist Alan Finkel’s proposal for regulating AI is a trustmark. Its working title is ‘the Turing Certificate’, in honour of Alan Turing.