The government was forced to respond to John Hewson’s plan.
The National Archives of Australia, Author provided
Blindsided by John Hewson’s policy platform, the Keating government scrambled to come up with solutions to the “recession we had to have”.
Cabinet papers released today have given us some insight into how current issues like the gender superannuation gap emerged.
Daniel Munoz/Reuters
The changes to superannuation discussed in the 1992-93 cabinet papers shaped the system we have today for better and worse.
Bill Gates embraces Facebook’s Mark Zuckerberg during an announcement of the Chan Zuckerberg Initiative to ‘cure, prevent or manage all disease’ by the end of the century.
Beck Diefenbach/Reuters
The priorities of science are being influenced less by government policy and academia, and more by the priorities of the philanthropic giver.
One way to anticipate the future is to look to the past.
Bernard Spragg/Flickr
The institutions that once allowed us to pull ahead may soon be the reason we fall behind.
Proponents of the universal basic income overlook its potential to be a reverse Robin Hood scheme.
Ibai/Flickr
The present Australian social security and welfare system can be viewed as a UBI scheme with exceptions for people who don’t need it.
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A handful of our business economics writers share the favourite books they read this year.
US Fed Chair Janet Yellen’s term expires in early 2018. Who will replace her?
Kevin Lamarque/Reuters
My Christmas fiscal wish is that in 2017 both sides of politics treat the Australian public like adults.
Young Australians are in need of government policy reform if they are to find stable jobs in the future.
Joel Carrett/AAP
Young Australian jobseekers are facing a difficult future due to the loss of many traditional entry-level positions to automation. A solution may lie in bold policy ideas.
Commonwealth Bank CEO Ian Narev got a 50% pay rise despite scandals involving the bank in 2016.
Dan Himbrechts/AAP
Just before everyone sits down for their Christmas dinner ASIC has handed two of Australia’s big four banks a big present.
Research reveals a business case for corporate philanthropy.
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You may think it’s hard to justify corporate giving, but if done well it can be a win-win-win for the company, community and shareholders.
Generations have differences but it’s the inequality within a generation that deserves more debate.
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The debate about different generations’ economic status misses the inequality within generations, especially younger Australians.
Where is federal road funding going?
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Once again the federal government has given more infrastructure funding to Queensland, ignoring less politically important states like Victoria.
When it comes to the speed of their company’s growth many CEOs are fearful of making wrong decisions.
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Money alone will not create the numbers and kinds of jobs required to boost the economy.
MYEFO leaves Treasurer Scott Morrison with the difficult task of managing Australia through a period of both sluggish GDP growth and a persistent budget deficit.
Mick Tsikas/AAP
Next year GDP will grow at the second-slowest rate in 16 years, according to MYEFO. This has big implications for unemployment and the deficit.
Treasurer Scott Morrison is also a fan of charts.
AAP/Adrian Muscat
Economist Ross Guest unpacks some of the key numbers in the government’s mid year budget update, with seven charts.
MYEFO is more positive about the 2016-17 budget bottom line than previous expectations. However, projections over the forward estimates have worsened.
Lukas Coch/AAP
While MYEFO discussion focuses on the budget deficit, experts say it also serves as a stark reminder of the need for bigger policy ideas in Canberra.
How does Australia’s economic growth shape up against the G7 countries?
AAP Image/Joe Castro
Ahead of the Mid Year Economic and Fiscal Outlook, minister for defence industries Christopher Pyne said a lot of jobs were created in 2016 and Australia has the highest growth rate in the G7. Is that true?
The world economy is inextricably linked with the US.
Tami Chappell/Reuters
A lot has changed in the global economy since the Federal Budget 2016.
Would putting the regulatory onus on financial companies have prevented what happened with Comminsure?
AAP/Tracey Nearmy
Treasury has put forward proposals with huge gaps and that put the onus on the issuers of financial products.
Caltex petrol station franchisees are the latest to be accused of underpaying workers.
Paul Miller/AAP
The franchise business model could be undermined by proposed laws which make franchisors and franchisees jointly responsible for wage underpayments.
Federal Treasurer Scott Morrison will deliver the Mid Year Economic and Fiscal Outlook next week.
Lukas Coch/AAP
The US Fed meets expectations for a rate cut, Australia’s unemployment rate heads upwards again, and all eyes look to the mid year budget update.
nbn co might not be able to pay back government loans in the time it has alotted.
EPA
A Parliamentary Budget Office report shows just how much the NBN might cost the taxpayer.
cq dam web desktop.
Ahead of next week's mid-year economic and fiscal outlook, the government has been hit with the sobering news that real GDP shrunk in the September quarter.
How harmful are big governments?
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That “big government” hurts growth has become received wisdom, leading many countries to austerity policies. New research shows it is a lot more complicated than that.
Who’s doing it tougher?
arianta/Flickr
Beyond debates about the avocado smash generation lies some misnomers on which generation had it better.