Students protest outside the parliament in South Africa. The protest is seen as part of a bigger political crisis.
South Africa's economic challenges of 2016 are largely a reflection of its inability to change in the light of global shocks.
How does Australia’s economic growth shape up against the G7 countries?
AAP Image/Joe Castro
Ahead of the Mid Year Economic and Fiscal Outlook, minister for defence industries Christopher Pyne said a lot of jobs were created in 2016 and Australia has the highest growth rate in the G7. Is that true?
Federal Treasurer Scott Morrison will deliver the Mid Year Economic and Fiscal Outlook next week.
The US Fed meets expectations for a rate cut, Australia's unemployment rate heads upwards again, and all eyes look to the mid year budget update.
Australian business confidence is falling, amid concerning signs from other economic indicators.
Australia's economic indicators are showing worrying signs, with business confidence falling in the face of continued low interest rates.
Scott Morrison said the quarter’s weakness was broad based but the dominant cause of the contraction was the decline of 3.2% in new business investment.
After the national accounts showed the economy going backwards in the September quarter, Scott Morrison called for "partners" in the parliament to drive the government's economic plan through.
The South African economy just narrowly escaped a credit rating downgrade but it is not in the clear yet.
South Africa is breathing a sigh of relief after escaping a credit rating downgrade. But there are still serious concerns around structure of the country's economy and finances.
David Leyonhjelm negotiated for the numbers in the budget to be reported in per capita terms.
The government has agreed to report some budget numbers on a per capita basis. But there's a lot more to do in how we talk about numbers.
A zero rate for business could actually be a progressive move and would reflect the anti-bureaucratic spirit of Brexit.
South Africa faces a possible downgrade by credit rating agencies.
Credit ratings have an impact on government, as well as ordinary people. This article was first published last year as South Africa faced a possible downgrade.
South Africa’s Finance Minister Pravin Gordhan is fighting to stave off a downgrade by ratings agencies.
South Africa has made some progress in fixing problems identified by ratings agencies. But there are a number of outstanding issues that might mean the country is given 'junk' status.
The research projected what would happen through to 2050 if fertility levels were to rise in response to China’s two-child policy.
Analysis shows China's GDP per capita would fall by 21% in 2050 under the new two-child policy.
Athens can celebrate two consecutive quarters of growth. Berlin must stomach some weakness. Everyone should remember cheap money isn't free money.
South Africa’s student protests are raising difficult issues, some of which are not being debated openly.
Demands being made by protesting students in South Africa purport to support the poor. But the most marginalised young people in the country will not benefit from free higher education.
South Africa’s Finance Minister Pravin Gordhan and his deputy Mcebisi Jonas have their work cut out.
South Africa's 2016 medium term budget has to rank as one of the most difficult that its finance had to deliver amid many political controversies.
Labor’s Chris Bowen says Australian workers are doing it tough.
AAP Image/Tracey Nearmy
Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?
The NHS does an awful lot with relatively little.
Unless the government matches spending by other Western governments, the health service will fail.
South Africa’s economy will be hit hard if universities can’t finish the year.
Economic models suggest that South Africa's GDP would fall, inequality would deepen and unemployment would rise if university graduates don't enter the labour market in 2017.
South Africa needs some universities that focus on teaching, and others that concentrate on research.
South Africa must examine how science funding is allocated to universities. It also needs to acknowledge that not all universities should be focusing on research and development.
GDP numbers in Australia look good, but when one looks one level below, the picture isn’t so good.
Image sourced from shutterstock.com
The RBA leaves rates on hold, Australia gets a GDP growth spurt from pre-election spending, and the IMF lays the groundwork for a lowering of global growth expectations.
When attendees at the annual Jackson Hole symposium get a chance to chat, they might muse about central banks targeting nominal GDP instead of inflation.
Central banks around the world are struggling with the failure of low (or negative) interest rates to breathe life back into ailing economies.