Privatising public assets is like a tradesperson selling her or his tools when facing a temporary income shortfall. Much better to borrow at low interest rates and productively invest those funds.
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The policy solution to the ageing population laid out in the Intergenerational Report benefits the better-off in the future over the less well-off today.
Australia’s retirement income system is unsustainable, and there seems little political appetite to tackle the big issues.
Linking population growth with productivity and labour participation is problematic, just one of many questionable assumptions made in the Intergenerational Report.
As the US and UK look to the opportunities presented by cybersecurity, Australia is still dealing with a critical skills shortage.
The fact is, people do not always behave dispassionately and logically. Which is why measuring consumer sentiment matters.
Without workplace reform, Australia is at risk of a US-style migrant worker problem.
It would seem odd that the guesses of a random collection of people inform economic policy. But there’s more to consumer sentiment than that.
A security rethink is required for protecting critical infrastructure - and it relies on accepting not all attacks can be prevented.
If we accept that the rich should subsidise the poor, then Gen Y should be subsidising the baby boomers.
The Productivity Commission appears to want to steer public debate on the minimum wage in a particular direction.
Scrapping stamp duty on property transfers altogether would make a meaningful, positive impact on the housing market. But don’t hold your breath; the NSW government is addicted to stamp duty.
Tony Abbott’s decision to grant the defence forces a 2% pay rise could come back to bite him as the public service sees a double standard.
There are simple solutions to prevent more financial scandals in Australia - the question is, will the government take them up?
We all negotiate every day, from discussing dinner options, to seeking a pay rise or striking an international business deal. But what does the research show about who should make the first offer?
The UK-based 30% Club, which aims to increase the number of women on boards is coming to Australia. But does its back-room approach really work?
We have now had four IGRs and they’ve all said pretty much the same thing. Time to tackle the age-old problem.
Forecasts released under the Charter of Budget Honesty are on the wrong time horizon and need greater transparency.
Releasing Australia’s fourth Intergenerational Report, Joe Hockey described it as the “social compact between generations”, which would help “identify where the future opportunities will be” and “unlock…
A discussion about what superannuation will look like in the future is essentially from the Intergenerational Report.
Experts question where the jobs for older Australians will come from.
Nobody denies spending on the Age Pension is growing, but the Intergenerational Report concentrates on fiscal projections and ignores retirement outcomes.
By bringing previous government policy into the Intergenerational Report, Treasurer Joe Hockey has overlooked many questions Australians want answers to now.
New South Wales is Australia’s most populous state, with the most expensive capital city – yet it’s done less than many other states to develop cost-effective options for aspiring home owners.
Firms can choose to manage for growth or cost cutting, but either way need to know what they are good at.