South Africa’s government should urgently announce a moratorium on civil service employment growth. The country has reached its upper limit in the number of civil servants that can be sustained.
It may take a magic wand from the RBA (or the Turnbull government) for Australia to escape a recession.
Sam Mooy/AAP
Volatility is not going away any time soon, and if the US Fed decision plays the wrong way on the Australian dollar, our central bank could soon be back in the jawboning business.
US Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi have seen quantitative easing pay off, but what about on the way out?
David Stubbs/Reuters
The biggest factor behind the recessionary trend is not the Chinese market, austerity budgets, or even the threat of higher US interest rates this year.
Does a boom in babies give the economy a boost or cause a bust?
Baby money via www.shutterstock.com
An expert spent seven years studying the interactions between locals and immigrants: this is what he found.
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
Observers may be quick to declare social trends “good” or “bad” for families, but such conclusions are rarely justified. What’s good for one family – or group of families – may be bad for another. And…
The long and slow-stunted recovery of the eurozone economies is a major source of concern for the IMF and international bankers. Six years after the collapse of Lehman Brothers signalled the onset of the…
Lapping up the rays… in Scarborough.
Jonathan Pow/PA Archive
Bognor or Borneo? Penzance or Paris? Scarborough or Sao Paulo? The decision of whether to spend your annual leave holidaying in a foreign clime, at a campsite in the UK, or even just in your back garden…
Australians should step away from a “story-telling approach” when it comes the economy.
AAP/Garry Schafer
What are the risks in the economic outlook for Australia? Typically, prognosticators take a scenario-based (aka “story-telling”) approach to answering this sort of question. And usually these scenarios…
All aboard the big bucks bus … not you, sir…
Phil Wilkinson/The Scotsman/PA Wire
In a new report, Working For The Few, Oxfam warns that the fight against poverty cannot be won until wealth inequality has been tackled. The wealth of the richest 1% in the world amounts to $110 trillion…
The creative industries have not only survived, but also thrived, in the recession, according to data released by the UK Department of Culture, Media and Sport. This may come as a shock. The report details…
The global crash of 2008 kicked off a furious debate in the UK about whether or not the City of London is a real asset to the economy. There was huge anger about the multi-billion bail-out of failed banks…
In recent weeks there has been a spate of good economic news emanating from Ireland. The most significant was that in the latest 12-month period, employment increased by around 3%, an exceptional and surprising…
Cold steel: George Osborne visits JCB’s factory in Staffordshire.
Rui Vieira/PA
George Osborne promised Britain a “march of the makers” – but as yet, there is little sign that a resurgence of manufacturing is helping the economy to rebalance. It would be naïve to assume that manufacturing…
Welcome to part two of our interview with Dr Ken Henry, the latest in our series of video collaborations with SBS. In the first part of his interview with SBS business business journalist Ricardo Gonsalves…
There’s more to life than buying stuff.
Steve Parsons/PA
We are now five years into the largest financial crisis in decades and yet, paradoxically, people don’t seem to be more unhappy than they were before. The UK ranked 10th of the countries surveyed for the…
Australia’s economy was relatively unscathed by the global financial crisis, according to data from the latest Melbourne Institute HILDA survey.
AAP
In September 2008 the sudden collapse of the investment banking sector in the US would propel much of the world - especially Western economies - into the worst economic recession since the Great Depression…