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.
M-PESA was launched nearly a decade ago in Kenya. New evidence suggests that the mobile money banking system has helped reduced poverty levels, particularly in households headed by women.
The debate about different generations’ economic status misses the inequality within generations, especially younger Australians.
MYEFO leaves Treasurer Scott Morrison with the difficult task of managing Australia through a period of both sluggish GDP growth and a persistent budget deficit.
Mick Tsikas/AAP
Economist Ross Guest unpacks some of the key numbers in the government’s mid year budget update, with seven charts.
MYEFO is more positive about the 2016-17 budget bottom line than previous expectations. However, projections over the forward estimates have worsened.
Lukas Coch/AAP
In both the global North and South, economics tends to be taught with micro- and macroeconomic models that are disconnected from sociopolitical realities. We suggest new ways of teaching economics.
Problems occur when a country falls in love with gold, and silver might be about to get a boost from proposed solutions.
The government has changed the rules so that another foreign investor can replace one who has pulled out of buying an off-the-plan dwelling.
Mick Tsikas/AAP
The government says its changes to foreign investment will increase housing supply and make it more affordable, but that’s relying on narrow and possibly incorrect assumptions about investors.
The problem with the current rezoning approach is that it leads to huge windfall profits and developments aimed at the upper end of the market.
AAP
The community needs affordable housing and that requires meaningful targets for new developments. The only ones who will lose out are landholders who make windfall profits from rezoning.
Recently I got told this joke. Two economists are having lunch. One of them has to make a decision about changing jobs, moving cities, disrupting his family and so on. What should he do, he asks the other…