There’s nothing unusual about quantitative easing. Our biggest mistake would be to be to wait.
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Energy companies and other retailers bamboozle us with options to increase their profits. Here’s how the behavioural phenomenon of choice overload works.
The next set of instructions handed to the Reserve Bank will have to be realistic. That might mean a big change.
A throwaway economy harms more than the natural environment. It also harms our mental environment.
47% of Australians aged 55-64 have mortgage debt, up from 14% in 1990.
We’re facing a global economic problem that no one really understands or knows how to fix.
We’ve two options of keeping ourselves out of recession, neither of them easy. The government will have to abandon its determination to get the budget into surplus.
It it wasn’t for a surge in government spending economic growth would be extraordinarily weak. As it is, it’s the weakest since the global financial crisis.
The Reserve Bank cut interest rates on Tuesday because we weren’t spending or pushing up prices at the rate it wanted. On Wednesday we might find things are worse than it thought.
By not charging interest, Afterpay and other ‘buy now, pay later’ providers avoid the rules of national consumer credit law.
New analysis shows that if New Zealand replaced GDP with the Genuine Progress Indicator, which accounts for social and environmental costs, it would be only half as well off.
Gautam Adani might be willing to lose a large share of his wealth to show that he can’t be pushed around, or he might want more public money.
Biometric data is forever. Any employer seeking to collect it has big obligations to meet. And employees have the right to object.
Combined, APRA and the Reserve Bank are about to give households on $150,000 up to $120,000 more borrowing power.
Workers on awards and the minimum wage will get 3%. There was a case for awarding even more.
India’s re-elected prime minister has paved the way for Queensland coal to power Bangladesh.
Insights from behavioural (and traditional) economics help explain why discounting – both real and fake – is such an effective marketing ploy.
Many universities were built in the 1960s and 1970s and the government isn’t providing funds to maintain them.
Indigenous procurement policies are kicking goals, but who for?
In an interview with The Conversation, Frydenberg refused to be drawn on what the government would do if unable to get the whole bill through.
Many Uber drivers do their job because the alternatives are worse. It’s an unhappy work choice faced by an increasing number of Australians.
Immigration is neither the problem nor solution in many areas where Australia is off-track, from government debt to environmental action.
Dealing with the Coalition will more difficult than arguing than the rules are wrong.
Many trafficked victims are female. But what happens when the perpetrator is also female, and was once a victim herself?
Under cover of a speech from the Reserve Bank governor, the Prudential Regulation Authority has moved to make it 10% easier to borrow.