Australia’s GDP was up 3.4% last quarter of 2021, on the back of pent-up consumer spending. Other factors must drive future growth.
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Despite limited direct economic ties, Russia’s invasion of Ukraine has important consequences for Australians too.
Increasing perceptions of corruption in Australia could be suppressing economic growth by as much as 0.6%
If we want higher wages, we must win them through deliberate wage-boosting policies.
There is enough momentum for Australia’s unemployment rate to go lower than 4.2% in 2022. Keeping it low is another matter.
Some political and business leaders have, from the outset of COVID-19, downplayed the economic costs of mass illness. We’re now seeing the result.
Even now much of the recovery in employment seems to be happening without big wage increases.
To calculate the cost of Australia’s closed border, we’ve focused on estimating losses from international tourists and students.
We need a tenfold increase in the digital economy budget spending for Australia to become a leading digital economy.
With younger people hit hardest by the pandemic’s economic impacts, it’s imperative to ensure an entire generation is not permanently disadvantaged.
The Reserve Bank should stick to its guns. Australia’s economy still needs all the support it can get.
Without a jump in consumer spending the recovery will be slow, and that’s in doubt.
The federal government must provide more support if Victorian businesses and households are to survive the state’s Stage 4 lockdown.
He is trying to transition out of stage one while drawing up stage three.
This recession is not like any other in living memory. Phase one involved a massive supply shock. Phase two will involve dealing with a collapse in demand.
There are strong psychological drivers underpinning the impulse to splurge hard-earned money online. There are also some simple ways to stop.
Bill Kelty, former secretary of the ACTU, has outlined a five-point plan for Australia to approach the return from the coronavirus downturn.
More than eight out of 10 self-employed Australians have taken a significant financial hit from COVID-19, new ANUpoll data shows.
Despite veiled threats from the Chinese government, and the desire in some parts of the Australian community for a split, China and Australia need each other.
We now need a revolution in our national thinking about debt and deficits.
Top contributors
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Professor of Economics, UNSW Sydney
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Professorial Fellow, University of Canberra
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Dean of Business School, University of Southern Queensland
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Economist at Centre of Policy Studies, Victoria University
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Professor of Economics, The University of Melbourne
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Professiorial Fellow, The University of Melbourne
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Industry Professor and Chief Economist, University of Technology Sydney
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Economist and Director, Centre for Future Work, Australia Institute; Honorary Professor of Political Economy, University of Sydney
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Professor, Monash University
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School of Social Sciences, Monash University
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Professorial Fellow and Co-Director, HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
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Professor of Economics, University of Canberra
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Professor of Macroeconomics, University of Sydney
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Associate Professor, Finance, The University of Western Australia
