Michelle Grattan discusses the mid-year economic and fiscal outlook with Shadow Assistant Treasurer Andrew Leigh.
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The experts’ take on Scott Morrison’s first mid-year economic update.
The government has revised down its forecast for economic growth to 2.5% and an expected deficit of $37.4 billion.
The mixed picture of the US economy makes for caution on interest rates, but Janet Yellen the economist is likely to win over Yellen the politician.
Everyone loves to complain about airline travel, leading to what the airline industry has called the “entitled passenger”.
Is Labor’s Shadow Assistant Treasurer, Andrew Leigh, right to warn that each household may effectively face the prospect of paying an extra $4,500 a year in GST?
The debate over two words in Australian competition law could lead to an anti-competitive future for Australian businesses.
The MYEFO numbers aren’t going to be pretty - but the projected future budget deficits are a fantasy.
If only the debate around the GST focused on what it takes to make a good tax system.
Australia faces a remarkably similar list of challenges to Canada.
The WTO’s global trade agenda has been decried as dead. But the upcoming Nairobi round might change that.
The government wants more Australian entrepreneurs to fail - which would be fine if they learned from their mistakes.
The major big business lobby groups have largely welcomed this week’s innovation statement, getting behind its support for entrepreneurs. One wonders why they care since it is primarily focused on research…
Some of the new(ish) initiatives in the Innovation and Science Agenda may help in small ways, but it doesn’t provide the answer what happens after the innovation.
Australia’s insolvency laws are behind world best practice and need reform.
Graduates should be taught entrepreneurship skills.
Australia is being rapidly outpaced by its innovative international competitors.
The government’s innovation agenda is heavy on incentives for startups and entrepreneurs.
There isn’t a magical formula which compensates everyone for an increase in the GST - but there is a way to ensure fairness.
Our region’s peer-to-peer lending sector is sharply expanding, so regulators will need to grapple with it.
Sourness and rancour have marked trade relations between Australia and the European Union. But a trade deal could change that.
Research suggests it’s not the independence of super fund directors that matters, but their training and experience.
Driverless cars and the use of drones are just two things the Innovation Statement should address.
Calls for GST on banking make sense, but working out the ultimate benefit is no easy task.
The collaboration required to foster more startups would benefit from a national system of entrepreneurship.