Research shows older workers, and those without qualifications, struggle to move out of low-wage work. The evidence challenges claims that the minimum wage is a stepping stone to higher pay.
Overconfidence and other cognitive biases help to drive up real estate prices. Here are three techniques used by real estate agents to exploit those biases.
Mike Lee, University of Auckland, Waipapa Taumata Rau
The collapse of Rana Plaza on March 24, 2013, put the focus on fast fashion. But research shows that stressed and struggling consumers don’t have the luxury of making ethical choices.
A viral TikTok video claims to reveal a banking hack so you’ll “pay a big fat zero in interest”. Sadly, it’s not true. But extra payments now can save you thousands, as a finance expert explains.
Just as we have the country’s smartest legal minds on the High Court and our best health practitioners setting vaccine policy, the review wants the best economists to set monetary policy.
These include the establishment of a separate Monetary Policy Board and Governance Board, aimed at making both decision-making and governance arrangements as effective as possible
ANU economist Ben Phillips, a member of the Economic Inclusion Advisory Committee, explains why it regards increasing JobSeeker as the most pressing priority for the Albanese government.
Soaring electric vehicle production is giving new life to old manufacturing plants that were all but written off in the United States. Australia is also in a position to revive its carmaking industry.
Abandoning its WTO case is a quicker path to getting Australian barley back into China. It could also be a template for resolving tariff disputes over other products, including Australian wine.
Australia has been thought to be a less equal society than many European ones. But Australian incomes turn out to be as evenly distributed as those in France when everything is taken into account.
Estimates produced by the Grattan Institute and the Treasury assume that the right tax treatment for income from retirement savings is the same as income from other savings.
Innovative materials and modular buildings offer New Zealand a way to build back better after Cyclone Gabrielle. But to do this, we need to develop the framework to support the new approach.
Grattan Institute estimates point to deficits without end, growing with the need for greater spending on health, defence and natural disasters. We’ve presented the treasurer with 13 costed options.
The 1960s cartoon The Jetsons got three things about the future very wrong: the place of women in the workforce, how much we will work, and where we work.
The ‘ESG’ agenda has become a hot battlefield in the culture wars. Claims it’s a slippery slope to socialism show no understanding of how capitalism works.