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Articles on Economy

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Some of the damage cause by Hurricane Maria, months after it hit. Reuters/Carlos Garcia Rawlins

How Puerto Rico’s economy is holding back recovery: 3 essential reads

While the hurricanes last year dealt devastating blows to Puerto Rico, its challenges predate the storms and continue on today. They also offer new opportunities.
Kentucky bourbon is among the products targeted with retaliatory tariffs by the EU. AP Photo/Jeff Chiu

Why trade wars can be perilous: 5 essential reads

Trump has started a trade war with China and much of the world. Here’s what you need to know.
A 1792 painting by artist James Gillray portrays the Macartney Embassy mission to China, when the British ambassador was rebuffed by the emperor after offering western goods. There are parallels in Chinese history to Donald Trump’s isolationism. British Museum/1868,0808.6228

Lessons in Chinese history as America shuts off from the world

China turned inward during the Industrial Revolution after being a economic powerhouse for thousands of years. There are lessons about the dangers of Donald Trump’s isolationism in Chinese history.
When details started leaking late Wednesday Malcolm Turnbull quickly declared its proposed model had been rejected. David Mariuz/AAP

Turnbull government says no losers in its new GST carve-up plan

The government’s plan released by Treasurer Scott Morrison on Thursday, would ensure the fiscal capacity of all states and territories was “at least the equal of NSW or Victoria, whichever is higher”.
People who work in the black economy come from industries as diverse as horticulture, retail, cleaning, construction and childcare. www.shutterstock.com

What it’s like to be a ‘black economy’ worker

The black economy is more common than we think – how many of us have paid tradies, gardeners or cleaners cash without the exchange of relevant paperwork?
Wes Mountain/The Conversation

Federal Budget 2018: a state-by-state spending analysis

With a federal election looming within a year, our panel looks at what each state and territory has been handed in the budget - and why it matters.

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