When we don’t factor in the environment in our economic decision making, we aren’t getting an acurate picture of what’s happening. Australia needs to adopt more environmental economics.
The ABS’ labour force survey is more than 50 years old. We need a new way of measuring employment for a new modes of work.
Economists have been tracking how consumers feel for decades now. But what does it all mean?
The Australian Census has been taken since 1911. But is it still necessary in today’s world of mass digital data collection?
For a long time the way we measure what is going on in our economy and society has distorted our actions. We’re now building a more holistic way of measuring progress.
If you’re into business and finance there are myriad numbers you can look at. But PMI is one of the better ones if you really want to know where an economy is going.