The triple lock increases some benefits payments by inflation, earnings or 2.5%, whichever is highest.
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The reintroduction of the pensions triple lock means the increase in weekly payments could vastly outpace earnings growth
Neoliberal is used as an insult in political circles, but in Australia, the philosophy is often used with mixed results by both parties
Canadian economists predict a recession will likely occur sometime in 2023.
With a recession seeming imminent, many Canadians are rightfully concerned about the state of their finances. Here are some ways you can be prepared for one.
Inflation rates are currently rising, reflecting the increasing cost of goods and services.
PERO Studio / Shutterstock
Central banks are trying to strike a balance between curbing inflation and enabling economic growth.
Ukrainian president Volodymyr Zelensky and G7 ambassadors visit the port of Odesa, a vital export hub for Ukraine’s agricultural products.
Ukrainian Presidential Press Service / EPA-EFE
The long-term economic outlook for Ukraine as it manages the effects of the Russian invasion
University of Canberra Professorial Fellow Michelle Grattan discusses the week in politics with University of Canberra Associate Professor Caroline Fisher. This week saw parliament meet for the first time…
Fed Chair Jerome Powell indicated further hikes to come.
Drew Angerer/Getty Images
The Federal Reserve hiked interest rates by an additional three-quarters of a percentage point. An economist explains what this means for the economy.
Road traffic crashes are the most common cause of facial injuries in Nigeria.
More Nigerians should be encouraged to have health insurance to reduce the burden of treating facial injuries.
The writing was on the wall in Sri Lanka.
Arun Sankar/AFP via Getty Images
An expert on Sri Lanka’s economy identifies and explains three key challenges that Ranil Wickremesinghe will have to overcome if he hopes to steer the country out of its crisis.
Michelle Grattan discusses the week in politics, including the threat of foot and mouth disease, the government’s climate bill and the grim economic news ahead.
A steel plant.
Photo by Soeren Stache/picture alliance via Getty Images
The Ajaokuta steel plant stands unused after 40 years of construction and US$8 billion in investment.
Various political administrations have failed to prudently manage the economy
Ghana hasn’t been able to withstand economic shocks or manage its debt because it hasn’t dealt with structural economic problems.
Kenyans protest rising food prices and call for urgent government action in Nairobi in May 2022.
Tony Karumba/AFP via Getty Images
The economy has taken centre stage in Kenya’s 2022 elections, but political promises have fallen short of offering realistic solutions.
Food prices are soaring.
Jim Watson/AFP via Getty Images
Soaring inflation in the US has been driven in part by large increases in the price of groceries – a burden that falls disproportionately on lower-income families.
Recent political upheaval is impacting UK economic indicators.
GH Studio / Shutterstock
Uncertain economic policy can have lasting effects on financial markets
Immediate reactions to announcements about the future can significantly affect the future economy.
Research shows new tech announcements have a real, immediate impact on the economy. How can we apply this to economic news
Gasless laparoscopic surgery performed by Dr Biju Islary using the RAIS system.
Dr. Hampher Kynjing, Nazareth Hospital, Shillong
A team of doctors and academics worked together on back-to-basics surgical equipment that is already changing lives.
What makes a nation wealthy?
Economic growth of countries needs many ingredients. Getting the recipe just right is important.
What role does long-term certainty play in immigration policy?
Government policy that provides certainty to immigrants will improve integration and, ultimately, boost the economy
Get your selfie face ready.
Soloviova Liudmyla / Shutterstock
Travelling alone doesn’t need to be lonely –research shows solo consumption can be a fulfilling, enjoyable and even social experience.