Articles on Australian economy

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Is it fair to compare Australia’s economy to Greece’s? AAP/Paul Miller

Australia is not Greece, but its economy is obese and unfit

Australia is not Greece. There is no budget emergency in the sense of a patient flat-lining on the operating table. But Australia is like someone who is obese, unfit, and eating too much cheese.
Confidence numbers reflect many are waiting to see if it’s safe to invest. Image sourced from Shutterstock.com

Vital Signs: economy in a holding pattern

The economic news of the week wasn't that bad - but there's still plenty of timid types around.
Economic models are not likely to give Prime Minister Malcolm Turnbull any magic answers on tax reform. Lukas Coch/AAP

Models only give part answer to real tax reform

The gains from modest tax reform are not likely to be a revolution in Australia.
Current conditions make for a wild ride for investors. Scott Ableman/Flickr

Vital Signs: expect more turmoil

Low inflation gives the RBA scope to cut rates in coming months but a lot will turn on whether we continue to see persistently weak GDP growth.
It may take a magic wand from the RBA (or the Turnbull government) for Australia to escape a recession. Sam Mooy/AAP

All eyes on the Aussie dollar as Australia stalks recession

Volatility is not going away any time soon, and if the US Fed decision plays the wrong way on the Australian dollar, our central bank could soon be back in the jawboning business.
Joe Hockey and Tony Abbott: unable to successfully argue the case for economic reform? Lukas Coch/AAP

Ten economic events leading up to the Abbott spill

Tony Abbott says sound economic management is in the DNA of the Liberals. So what went wrong?
Malcolm Turnbull is facing a difficult set of economic circumstances. AAP Image/Sam Mooy

Turnbull inherits an economy battered by global headwinds

What can Turnbull do to deliver the kind of outstanding economic leadership he says Australia needs? His first step will be to acknowledge the economic problems Australia is currently facing.

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