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Articles on Growth

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Prime Minister, Malcolm Turnbull and Treasurer Scott Morrison should be pleased with the strong GDP figure, released during the election campaign. Lukas Coch/AAP

Strong GDP growth figures show economy on track

The adverse impact of the resources bust is still there, but the figures suggest the economy tracking at or above its potential.
Don’t confuse happy individuals with happy societies. Minerva Studio

Beyond GDP: happiness is about more than just individuals

Many readers of this piece will be aware that economists are rethinking the role of happiness and GDP. They question facile assumptions about economic growth alone being good for us. What’s the good of…
The Earth is finite - so are there limits to growth? NASA's Marshall Space Flight Center/Flickr

Why uncontrolled climate change may be an ultimate limit to growth

“But who do you think’s right, Prof? The optimists or the pessimists?” At the end of my sustainability economics course in 2007, students were challenging me to end 20 years of professional fence-sitting…
Janet Yellen will make waves next year. International Monetary Fund

What will happen when the US Fed starts hiking rates?

As the US economy emerges from recession, the prospect of the US Federal Reserve raising interest rates grabs the attention of the financial markets more and more. US rates have been close to zero for…

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