The report found that Sydney households face the highest transport costs of any city in Australia both in dollar terms and as a percentage of household income.
AAP Image/Dan Himbrechts
The Australian Automobile Association said that a new report showed that "the average Australian family is spending up to $22,000 every year to get around." Is that accurate?
Protecting the Great Barrier Reef’s water quality finally has a hard dollar price on it.
AAP Image
A groundbreaking new economic study has found that investing A$8.2 billion would get us very close to hitting targets to cut water pollution into the Great Barrier Reef by 2025.
Good economic modelling does not overly simplify the world.
Image sourced from www.shutterstock.com
The review of the Renewable Energy Target is due to be handed to the federal government any day now, yet amazingly there are still conflicts over whether the policy makes electricity more or less expensive…
Economic modelling predicts that Germany is the most likely country to qualify for the semi-finals at the 2014 World Cup.
EPA/Andreas Gebert
Forget Lionel Messi, Cristiano Ronaldo or Mario Balotelli. What will make your country more (or less) likely to succeed in the World Cup is its rate of economic growth. At this point, I expect European…
Can British shores really attract more people than the Great Barrier Reef?
USFWS Pacific
What has nature ever done for us? This is what leading environmentalist Tony Juniper asks in his latest book. He wants us to account for the “ecosystem services” that nature freely provides in order to…
The lack of transparency for the economic modelling of the Galilee Coal Project means the public must rely on the word of Waratah Coal.
AAP Image/Lukas Coch
Clive Palmer’s Waratah Coal claims its Galilee Coal Project, which will create four underground mines, two open-cut mines, and 468 kilometres of railway line in central Queensland, will bring economic…
Australia’s future depends on decisions we make today - what’s coming towards us?
Johnny Ross
Australians want a future of sustainable self-sufficiency and a healthy environment supporting a robust democracy – free of poverty and inequity. That was one of our projections, as part of the Australia…
Robert F Kennedy thought it a mistake to equate success with what we produce.
RFK Wharehouse
Economists are regularly criticised for worrying about gross domestic product (GDP) and similar measures. The classic statement of the case was by Robert F Kennedy: “Too much and too long, we seem to have…
Nobel Prize in Economics winners Christopher Sims and Thomas Sargent: in the neoclassic mold.
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The Sveriges Riksbank’s Prize in Economic Sciences - or the Nobel prize in economics - awarded last week to Thomas Sargent and Christopher Sims- implicitly claims that economics is a science. But how accurate…
Joint Nobel Prize in Economics winners Christopher Sims and Thomas Sargent have contributed a body of work over decades.
AAP
Princeton University professor Christopher Sims and New York University economist Thomas Sargent have been jointly named the 2011 winners of the Nobel Prize in Economics (or, for the purists, the Sveriges…
Nobel Laureates: Princeton University professor Christopher Sims (left) and Thomas Sargent, a New York University economist and visiting professor at Princeton.
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People who work in business and finance are obsessed with economic data releases – GDP growth figures, unemployment rates, trade statistics, and so on. Business journalists, investors, financial analysts…
Big sporting events often make a loss, but the locals still enjoy the party.
AFP/Franck Fife
RUGBY WORLD CUP – In the latest of The Conversation’s series on the Rugby World Cup, Massey University’s Sam Richardson looks at the costs and benefits to the host country New Zealand. New Zealand has…
A survey of 140 economists found 60% were in favour of the Gillard government’s carbon tax policy.
AAP
A survey of 145 economists released today found that 60% believe the Gillard government’s carbon tax is good economic policy…
Are prices set to rise? A survey of 1200 consumers found an increase in the number of people who expect inflation will not fall within the Reserve Bank’s target.
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Economists and physicists may seem like unlikely bedfellows, but then opposites often attract. Their union has recently produced a peculiar baby, a field of research known as “econophysics”. Physicists…
