Peter Martin, Crawford School of Public Policy, Australian National University
Prime Minister Anthony Albanese wants Australia to go “toe to toe” with the US in supporting green energy. Leading economists surveyed by the Economic Society are unimpressed.
Co-operatives make up only a small part of Australia’s accommodation stock but their users say the benefits warrant it being considered as a way of easing the housing crisis.
Labour’s Modern Slavery Reporting Bill would require businesses to act if they suspect worker exploitation in their operations or supply chains. But will the National-led government support it?
A new index gives us insight into how sentiment impacts investor behaviour in New Zealand. How investors feel about the market does not always match the mounting global and local uncertainties.
China’s steel mills are shifting to greener production processes which don’t favour Australian iron ore. Australian miners must quickly adapt or get left behind.
Neither investors nor super funds are prepared to wear the losses needed to put low-income Australians into housing. The government should double the size of its Housing Australia Future Fund.
Stress, poor pay and job insecurity are driving professional chefs away from the hospitality industry in Australia and New Zealand. Tourism is also feeling the impact of the looming skill shortage.
The Fair Work Commission has been given new tools. Among them is the power to eliminate gender-based undervaluation of work in entire awards and groups of awards.
The number of active short-term rental listings is a small fraction of the total number of dwellings in Australia – and many listings are not in the city areas of great housing need.
Despite different theories, there is no simple answer to whether prospective home buyers are better off buying before or after the expected interest rate drop in the next year.
Negative gearing is popular because it lowers home owners’ tax bills. But its critics say it has reduced affordable housing stock keeping the less well off out of the market.
Peter Martin, Crawford School of Public Policy, Australian National University
The best measure of living standards – real household disposable income per capita – has been going backwards for two years. It’s the biggest dive in living standards in half a century.
Jane Kelsey, University of Auckland, Waipapa Taumata Rau
The recent World Trade Organization conference in Abu Dhabi has again failed to resolve any of the big issues on the table. Power relations rather than rule-based negotiation will fill the void.
Even changing the tax system won’t end steadily-climbing property prices. They are the result of urbanisation, and while COVID has eased some of the pressures, it has added some more.
Peter Martin, Crawford School of Public Policy, Australian National University
We really are being charged more than we used to be. If the government is concerned about price gouging, it could try this bold idea: offering its own low-cost bank loans.
The naming for the first time of specific companies, not just industries, and what they pay their male and female workers is set to pressure employers to take action.