Malcolm Turnbull sets about the business of his returned government with the Secretary of Prime Minister and Cabinet, Martin Parkinson.
AAP/Lukas Coch
With nearly 25 years of uninterrupted economic growth at risk of coming to an end, the new government must make budget repair a priority.
The good news is the post-Brexit market movements in high-yielding currencies have been relatively benign.
Jason Lee/Reuters
China will not be able to rescue Australia if another crisis hits.
Australia is one of a small number of countries that enjoy a AAA rating.
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Ratings agency S&P seems unconvinced of the Australian government’s ability to reduce the budget deficit.
Stay or go - Britons will vote this week.
Reuters/Hannibal Hanschke
A British exit from the European Union will mean short term volatility on global markets, but the longer term outcomes are more uncertain.
US Fed Chair Janet Yellen is worried about the slowdown in job creation.
Charles Mostoller/Reuters
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the…
Sorry, but the glass is half empty.
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GDP growth that doesn’t translate into income is no cause for celebration.
Was Nick Xenophon right about debt?
Q&A
Independent senator Nick Xenophon told Q&A that foreign debt is approaching $1 trillion, up from $74 billion the previous year. Is that right?
Was Steven Ciobo right about Australia’s economic growth?
Q&A
Trade Minister Steven Ciobo told Q&A viewers that Australia has had 25 years of continuous economic growth, and is the only country in the world with a period of growth that long. Is that true?
Unemployment figures don’t always tell the full story when it comes to the state of jobs in Australia.
Joel Carrett/AAP
Business Briefing: jobs and growth in an election
What is the current state of jobs in this election campaign? This podcast explores what really creates jobs and whether or not politicians have much say in it.
rates.
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Watch out on budget day for how creative Treasury assumptions are on inflation.
Everyone wants to believe in unicorns…
Kieran Doherty/Reuters
They’re the lines you sometimes hear before or after budgets from governments and commentators of all persuasions. The problem is they go against reality.
Ratings agency Moody’s is worried about the trajectory of Australia’s government debt.
Andrew Gombert/EPA/AAP
This week the IMF warns of secular stagnation while Moody’s ponders a credit downgrade for Australia if GST and negative gearing are not tackled.
Governments need to put youth at the forefront of policy making.
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Poor economic performance and high levels of skilled migration are standing in the way of young Australians entering the labour market for the first time.
Australians are not averse to taking risks.
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The success of Australia’s primary industries could provide a pathway to a new incarnation.
The RBA puts too much weight on the benefit of a low dollar in the modern Australian economy.
Joel Carrett/AAP
Expect the higher dollar to put strong downward pressure on already low interest rates.
Malcolm Turnbull’s best election bet, from an economic standpoint, might be measures to improve confidence.
AAP/Dean Lewins
Popular wisdom holds that conservatives manage the economy better than their progressive counterparts, but recent data from the US and Australia does not bear this out.
The long campaigns of the US election give candidates more opportunities to come unstuck.
Shawn Thew/EPA/AAP
Longer campaigns suggest the government is confident in its ability to debate the issues, but also give it more chances to get caught out.
RBA Governor Glenn Stevens is likely to be out jawboning the Australian dollar again this week.
Paul Miller/AAP
Once again the US-AUD exchange rate has monetary policymakers worried.
Reserve Bank Governor Glenn Stevens and US Fed Chair Janet Yellen are facing the same problems.
William West/AAP
Both the US and Australia face a global economy that is in deep, deep trouble.
The process of human development relies on declining inequality.
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Inequality is now centre stage in policy debate.