After years of low interest rates, economic growth is back.
After years of deflation and disinflation, the economy is "reflating". But it might not last.
Simon Birmingham said the Turnbull government has ‘already had great success in terms of reducing the rate of price growth’.
The education minister says that under Labor there were child care price spikes of up to 14% over a 12 month period, but under the Coalition those have fallen to "around 6% on average". Is that right?
Labor’s Chris Bowen says Australian workers are doing it tough.
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Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?
The U.S. could do with a shot in the arm too.
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Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
For low paid workers, such as those in hospitality, cutting personal income tax would be more helpful than changing the minimum wage.
Reducing the minimum wage - and eliminating income tax for those workers - is a far better strategy to tackle poverty.
Wage growth is at its lowest since the measures began.
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Australia's wage growth has been sluggish, but the reasons are more complex than they seem.