New Zealanders store just under NZ$178 billion of their cash in banks, but their savings aren’t insured. This would change if the government introduces a deposit insurance.
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Donald Trump has had four of his nominations for the US Federal Reserve rejected. Now he has another two.
The first week of the new parliament ends on a high for the government, with its $158 billion tax cut package passed, and the first stage of tax relief ready to flow in a week or so.
A newspaper paying its journalists bonuses to chase page views has big implications for its role in a democracy.
The government’s election centrepiece – its $158 billion, three-stage tax package – is set to pass into law, as the key vote of crossbencher Senator Jacqui Lambie is confirmed.
An economic evaluation of a program of interventions for Australia’s most vulnerable children has produced startling results.
Losing revenue from hotels and liquor retail outlets will hurt Woolworths Group, but not too much. The long-term reputational benefits are considerable.
Australia needs more friends, particularly in China and India, to be a force in the international space economy.
Philip Lowe is on the cusp of permanently changing Australia. He stands a good chance of being one of the best governors since the first, who ushered in the goal of full employment.
The Reserve Bank has cut the official interest rate to a new low of 1%, reflecting continuing concern over the slow economy.
By himself, Reserve Bank Governor Philip Lowe may not be able to keep us out of recession.
Though the opposition is still refusing to state its final position on the government’s $158 billion tax package, Scott Morrison is “very confident” the plan will be passed in its entirety.
The Stage 3 cuts would make Australia’s income tax system the least progressive in 60 years.
The Conversation’s distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
Household wealth in Australia has taken its biggest dive since the global financial crisis. But it’s not all doom and gloom.
Australia can’t afford to pick sides between the United States and China. That’s a good thing.
Scandinavian welfare states have made it easier for women to reconcile family and career. What’s odd is that Anglophone nations aren’t far behind.
A former senior economist with the Reserve Bank of Australia doubts Facebook’s cryptocurrency will take control of monetary policy away from central banks.
In his first major domestic speech since the election, Prime Minister Scott Morrison will lay out economic policies “to get Australians off the economic sidelines and on the field again”.
Finding a place to eat in a new city can be daunting. Economics and big data have a few tips to find the right place.
A blue boat shed in Perth, Western Australia, shows the power of social media and the rise of unpaid influencers in marketing.
Australia’s treasury adopted a well-being framework well before New Zealand’s much celebrated “well-being budget”. Here’s what happened to it.
It is widely believed that compulsory super saves the government money on pensions. It does, but nowhere near enough to pay for the accompanying tax concessions. Lifting compulsory contributions will make things worse, for a century.
Five decades ago Australia’s industrial relations system endorsed the concept of ‘equal pay for equal work’. So why does the gender pay gap endure?
A food heath labelling system Australia and New Zealand introduced five years ago is under review and needs a significant overhaul to make it useful for consumers looking for healthy options.