Articles on Economics

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The government has changed the rules so that another foreign investor can replace one who has pulled out of buying an off-the-plan dwelling. Mick Tsikas/AAP

Changes for off-the-plan foreign buyers rely on a broken supply argument

The government says its changes to foreign investment will increase housing supply and make it more affordable, but that's relying on narrow and possibly incorrect assumptions about investors.
The problem with the current rezoning approach is that it leads to huge windfall profits and developments aimed at the upper end of the market. AAP

Sydney needs higher affordable housing targets

The community needs affordable housing and that requires meaningful targets for new developments. The only ones who will lose out are landholders who make windfall profits from rezoning.
Australia and Poland could adopt similar policies to protect against economic shocks from China and the EU, respectively. Kacper Pempel/Reuters

Business Briefing: what Australia can learn from a Polish economist

Business Briefing: what Australia can learn from a Polish economist. The Conversation20.1 MB (download)
Visiting Professor Andrzej Rzonca from the Warsaw School of Economics is in Australia to talk about growth, the European Union, Brexit and much more.
Chinese premier Li Keqiang and Russian prime minister Dmitry Medvedev shake hands at a Shanghai Cooperation Organisation meeting, which will help facilitate transparent economic cooperation between Asian countries. China Daily Information Corp/Reuters

China will need to be more transparent to achieve its development goals

China will have to play by international rules on transparency and accountability if it wants to secure its place as a leader for economic development in Asia.
Labor’s Chris Bowen says Australian workers are doing it tough. AAP Image/Tracey Nearmy

FactCheck: is wage growth at record lows?

Shadow treasurer Chris Bowen said Australian wages growth is at record lows. Is that true?
We shouldn’t dismiss the possibility of a Trump victory and its effects on the global economic landscape. Jonathan Ernst/Reuters

A Trump presidency could bring a range of economic disasters

A Trump victory in the US presidential election is unlikely, but then again, so was Brexit. If he does get elected, there may be severe economic and financial consequences.

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