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.
Perhaps this is not technically a recession, but certainly it looks, smells, and feels a lot like one.
AAP/ Sam Mooy
Australian companies are paying more of their profits out as dividends, and if it continues it will hurt our economy.
What goes around comes around –
New circular thinking, access to abundant solar energy and supporting new technology could provide a competitive advantage for Australian industries.
Flickr/Beyond Zero Emissions
Australia’s relative share of global economic opportunity derived from smarter use of materials, energy and water could be $26 billion each year by 2025. Here are four ways Australia could make the most of the circular economy boom.
Australian Prime Minister Tony Abbott has thrown his support behind coal mining, arguing coal is ‘good for humanity’.
Dan Peled/AAP
Business confidence might be up after the budget, but there are more reliable measures of what’s really driving the economy.
When NSW Premier Mike Baird met with Indian Prime Minister Narendra Modi last year, it signalled new opportunities for Australian states.
Saeed Khan/EPA/AAP
Following in the footpath of China, India is seeking new state to state tie-ups. Australia should answer the call.
Australia has committed to a long-term global average temperature increase to no more than two degrees Celsius – yet often envisions a future in which its is a major coal exporter.
EPA/FEDERICO GAMBARINI
A budget speech that fails to discuss basic measures of how the economy going is revealing in itself. Joe Hockey is the first treasurer since at least 1981 not to mention GDP.
Monetary policy is more nimble than fiscal policy.
AAP Image/Lukas Coch
The impact of 2015 budget measures delivered by the government pale into insignificance when compared with the external factors hurting the budget bottom line.
Australia can expect expansion in sectors such as tourism, the health and financial services sectors, banking and securities.
AAP Image/Joel Carrett
Most of the new credit released after China’s central bank cut the required reserve ratio will be used to fund new investment in infrastructure and construction – and that’s good news for Australia.
In times of market jitters, investors flock to “safe-haven” investments like government bonds.
Image sourced from Shutterstock.com
Uncertainty about economic growth is driving record low long-term government bond yields, but there’s more to the story.
Journalist George Megalogenis takes an affectionate journey through the milieu of Australia’s economic reform in a new ABC documentary, Making Australia Great.
ABC TV