While policies such as negative gearing have helped middle to high income earners own property, they have also locked low income earners out of the market and created an unequal housing sector.
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New analysis shows that some employers readily admit they use 457 visa workers even when there is no skills shortage in their sector, suggesting that tougher regulation is needed.
In our final piece on the five pillars of the economy, we look at services. It’s the great economic hope - but opportunities in the burgeoning Asian market elude us.
Digital disruption has largely impacted on limited sectors such as media and finance; many Australian businesses have barely taken up the opportunities technology provides.
Despite the rhetoric that Australia needs to reign in government spending, we’re actually out of step with other developed economies.
In our federal budget explainer series, Guay Lim explains what Australia’s structural deficit really means.
The key economic indicators to look out for on budget night.
Victoria’s Labor government has eschewed an austerity approach in its first budget, in contrast to some of its state counterparts.
Australia’s emerging agriculture boom can last much longer than the mining boom – but the industry needs policies that will encourage investment.
If Treasurer Joe Hockey is serious about cracking down on white collar crime, he should bolster the new Serious Financial Crime Taskforce with stronger whistleblower protection legislation.
A new formula adopted by the ATO is likely to act as both a detection tool and deterrent to corporate tax avoidance.
Mining, along with agriculture, will continue to be key parts of the Australian economy – but new growth is expected in the services sector.
With today’s cut, interest rates are at a record low, due in large part to ongoing concerns about the global economy.
The first budget handed down by Victorian Labor government emphasises expenditure in traditional areas of education, health and transport.
With rates on the way down the problem of runaway property investing has been left to the regulator APRA. But regulators should not be used as agents of short-term government policy.
The government’s proposed nanny pilot is one step towards affordable in-home childcare for the families that need it the most.
Unless key words are clarified proposed changes to Australian competition law could actually harm competition.
Now is not the time for complacency. Australia must be on the front foot if it wants to make the most of what economists are calling the “new normal.”
There is a future for manufacturing in Australia - but we need to follow some international lessons to build a competitive knowledge-based economy.
Economic data is giving a mixed picture on whether the Reserve Bank should cut rates, but on balance, RBA members should hold.
Super funds are being asked to improve board governance, and their starting point should be to consider stamping out multiple directorships.
Pro-reformists may view 2014 as a wasted year, but the lessons from the federal budget could make it a watershed one instead.
The way opportunity is structured is the very thing stopping more women entering leadership roles in the workforce.
There is almost nothing in the Constitution that helps us make the system function, as against a mass of gaps and silences that are the sources of our problems.
The mining boom is over and the industry is employing fewer workers – but the outlook for mining in Australia seems generally good.