High home prices are boosting inheritances, meaning positions in society increasingly owe more to which family you’re born into than to talent or hard work. But there are solutions.
In some quarters, the median Sydney home earns more from capital gains than the median worker earns from wages. Now’s a good time to wind back the measures that push prices up.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation’s 2020 economic survey points to a dismal year, with no progress on many of the key measures that matter for Australians and an increase in the unemployment rate.
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation has assembled a forecasting team of 19 academic economists from 12 universities across six states. Together, they assign a 25% probability to a recession within two years.