Food insecurity is a problem of income inadequacy. The 2023 federal budget’s “grocery rebate” has the right idea, but falls short.
Domestic resource mobilisation cannot be achieved by over-taxing the livelihoods of the most vulnerable workers in the informal sector.
While most of the focus is on the here and now, here’s what the medium term could look like.
Raising rates to fight inflation involves a time lag so current efforts to bring down prices won’t start having an impact until the next election is approaching.
The Fed’s decision to raise rates is likely to put more pressure on regional banks, which will make it harder to avoid a recession.
In this podcast, Michelle Grattan discusses the blueprint for reform with commission chair, Michael Brennan
Canada’s official poverty measure only focuses on income and ignores other important factors, meaning there are millions of Canadians living in poverty that are ignored by the measure.
The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
The two central banks were due to raise rates aggressively, but then came the banking crisis.
The banking crisis has been caused by the interest rate rises, and further hikes were supposed to be a no no.
Phil Tomlinson, University of Bath; Alan Shipman, The Open University; Andrew Burlinson, University of East Anglia; Catherine Waddams, University of East Anglia; Despina Alexiadou, University of Strathclyde ; Gavin Midgley, University of Surrey; Jim Watson, UCL; Karen Bloor, University of York; Karl Matikonis, Queen's University Belfast, and Steven McCabe, Birmingham City University
Childcare, pensions and support for energy bills are among the main budget plans for the UK government.
The latest consumer prices report shows cost of living is still rising far above the Fed’s target. But don’t expect monetary policymakers to aggressively hike rates.
There are at least five errors that marred the currency redesign policy of the Central Bank of Nigeria, most of which could have been avoided.
The collapse of a US bank is the latest crisis for central banks to deal with. But rather than being saviours of the global economy, what if they are actually a big part of the problem?
Central banks have been signalling that rate rises are going to get more aggressive again, but can the economy actually take it?
A drop in food prices might immediately address the lack of economic access to food but will not address the root causes of food insecurity.
Since the pandemic Australian workers’ share of national income and purchasing power has fallen at an unprecedented rate. New policies are needed.
Concerns about the credibility of pay review bodies could boost collective bargaining on worker pay.
What a new president needs to know as he takes the reins of a deeply divided and disillusioned country.
Australia faces an unpredictable global outlook, rising interest rates and wages not keeping up with the cost of living.