Australia’s central bank says labour market conditions have been weaker than expected.
Wages are sluggish, underemployment seems stubbornly high, and there is a continued push to part-time rather than full-time employment.
Yes, it makes the world go ‘round.
There are economic arguments to be had for ensuring an appropriate rate of growth of real wages.
Business heads in the retail sector are optimistic about the future, but they also scored high in opinion rather than evidence based language.
Face Value analyses the sentiment of business leaders in ASX top 100 companies and for 2017 it seems positive, although sometimes highly opinionated.
As the mining boom winds down, Australia’s non-mining investment may not be enough to protect living standards.
The current subdued level of non-mining business investment may be the "new normal".
The shift to part-time employment in the labour force has been going on for a long time now.
Uncertainty about energy prices and political dithering on company tax rates point to businesses waiting before investing heavily.
We could soon head into another volatile period.
Tambako The Jaguar/Flickr
Brexit and Trump pave the way for more financial market uncertainty.
We need to account for the benefit we get from nature.
When we don't factor in the environment in our economic decision making, we aren't getting an acurate picture of what's happening. Australia needs to adopt more environmental economics.
US Fed Chair Janet Yellen’s term expires in early 2018. Who will replace her?
My Christmas fiscal wish is that in 2017 both sides of politics treat the Australian public like adults.
When it comes to the speed of their company’s growth many CEOs are fearful of making wrong decisions.
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Money alone will not create the numbers and kinds of jobs required to boost the economy.
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?
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Ahead of next week's mid-year economic and fiscal outlook, the government has been hit with the sobering news that real GDP shrunk in the September quarter.
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.
Was Barnaby Joyce’s international comparison correct?
AAP Image/Mick Tsikas
Deputy Prime Minister Barnaby Joyce said backpackers would be better off working in Australia with a 19% tax than in New Zealand, England and Canada. Is that true? And what would a 15% or 10.5% tax mean?
Not enough cranes?
Construction slumps to its lowest level since 2010, and the US Fed remains divided on its next interest rate hike.
The ASX200 closed down 2% on the day of the US election.
Global markets are spooked - and with good reason.
Reading between the lines of RBA Governor Philip Lowe’s latest comments it’s clear he has confidence in Australia’s banks.
The Australian economy continues to show some positive signs, but there are pockets of weakness and cause for concern every month.
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?
Australian Treasurer Scott Morrison says interest rate cuts are a ‘matter for the RBA,’ but he doesn’t want them to fall any lower.
While Australia faces its greatest economic challenges in a generation, we are still waiting for the greatest economic reformers in a generation to arrive.
Scott Morrison said Australia has an earnings problem.
Federal treasurer Scott Morrison’s diagnosis of the risks and challenges confronting the Australian economy is hard to fault. But tackling those problems will require flexibility from the government.
Some heavy hitters think it’s time the RBA’s role shifted a little.
Independent Senator Nick Xenophon wants the RBA to focus on economic growth, and he's not alone.