An economist explains why new official figures have eased the gloom surrounding the UK economy, but haven’t fully dispelled all fears.
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Six charts explain the Australian economy. Three of the most disturbing show living standards going backwards, productivity collapsing and household saving falling to a 15-year low.
Some have estimated a holiday for a Matildas win would cost Australia’s economy $2 billion. But new international research suggests the true cost could be much lower – and here’s why.
Treasurer Jim Chalmers said he wanted to ‘revitalise and renew and refocus’ the commission with Barrett’s appointment, recognising that ‘productivity has evolved’.
The good news includes a return to real wage growth and a restrained increase in unemployment. The bad news includes even higher home prices and a per-capita recession.
Canada needs to improve the way we work. Improving our productivity ranking will take years, but by taking steps in education, in the private sector and in government, we can achieve national wealth.
Per person, gross domestic product shrank 0.2% in the three months to March, the most outside of a COVID downturn since 2016.
The Reserve Bank governor has only three months left in the job and he isn’t yet sure inflation is on the way down.
Nigeria’s debt profile is disturbing but shouldn’t hinder Bola Ahmed Tinubu’s ability to tackle unemployment and poverty.
Not only is degrowth is not the same as negative GDP growth, it is actually better for the planet.
Fuel subsidy removal can benefit workers and poor Nigerians, if the process is carefully managed and implemented.
The numbers seem to be going in the ‘right’ direction for the Fed to pull off a soft landing – and avoid a recession – but the picture remains murky.
Modernizing Canada’s fiscal arrangements is necessary to overcome considerable challenges that are impacting the country’s finances, including an aging population and climate change.
Nigeria’s president, Muhammadu Buhari, recently signed the copyright law. Its provisions will be beneficial only if it is well implemented.
Mental health plays a significant role in productivity but is often overlooked. To maintain its promising economic growth, Indonesia must put its people’s well-being into the calculation.
Addressing a Tax Institute event on Thursday, Henry said the Australian tax system “is not capable of raising sufficient revenue to fund the activities of government. Certainly not today. Far less at any time in the future.”
Reading economic news can be confusing. Here’s how to understand what the news is – and isn’t – telling you.
Paying for the true cost of consumption could help grow the economy.
The Reserve Bank’s statement indicates there aren’t too many rate rises left. History suggests those hikes could come to an end by early spring.
Since the pandemic Australian workers’ share of national income and purchasing power has fallen at an unprecedented rate. New policies are needed.
Les contributeurs les plus fréquents
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Economics, UNSW Sydney
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Professorial Fellow, University of Canberra
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Founding Director, Institute for Sustainability, University of Surrey
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Associate Professor in International Macroeconomics, Cambridge Judge Business School
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Director and Professor, Australia-China Relations Institute (ACRI), University of Technology Sydney
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Economist at Centre of Policy Studies, Victoria University
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Senior Lecturer in Economics | Freelance Consultant and Tutor |, Sheffield Hallam University
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Professor of Economics & Business, Allegheny College
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Professor, Griffith Business School, Griffith University
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Honorary Professor of Economics, UCL
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Lecturer in Economics, University of the Witwatersrand
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Professiorial Fellow, The University of Melbourne
