The Reserve Bank has signalled it will keep pushing up rates until it has reigned in inflation – even if this means weaker economic growth, with income per person barely growing for years to come.
The Conversation’s 29-member panel expects very weak economic growth and recessions in much of the rest of the world, but there’s good news down the track for Australians’ buying power.
Will China’s government find a balance between protecting its citizens and supporting its economy.
Labour’s share of national income has declined since the 1970s, but there is no sense of any permanent trend.
Australia’s economy grew unusually strongly in the year to June, when interest rate increases were yet to bite.
Why tax cuts are unlikely to help Britain address its current crises.
Amid the global threats posed by climate change, spiralling energy costs, insecure employment and widening inequality, the need to rethink our notion of progress is now an urgent priority.
The treasurer promised a “confronting” economic statement, but it held out hope of only a short spike in inflation and a recovery in real wages.
From October, Australia will start routinely quantifying the benefits as well as costs of federal spending. It’s already shaping up as the new treasurer’s most important legacy.
What is a well-being budget? It’s a process that seeks to set consistent long-term priorities, instead of changing priorities according to political expediency.
Our research shows that although climate change is a key factor in starting conflict in eastern Africa, it’s not always the most important one.
Research shows new tech announcements have a real, immediate impact on the economy. How can we apply this to economic news
The panel believes Australia will avoid a recession the year ahead, but is much less certain about the United States. It expects real wages to go backwards and economic growth to sink.
Australia’s treasury helped inspire NZ and other governments to adopt well-being budgets – now, years later, we look set to get one too. So what are the challenges ahead?
While demand for subsidised services is high and rising, many parts of the system need improvement. The federal budget can’t solve these problems by placing the entire burden on taxpayers.
It is hard to fathom how Nigeria’s Central Bank interest rate increase would benefit most Nigerians.
New figures show economic growth edged closer back towards normal in the months to March, but the gains went to profits rather than wages.
There are a number of reasons why Ghana’s domestic borrowing is more expensive than foreign debt.
Although there is strength in diversity, members of ethnic groups in power distributing resources to members of their ethnic group at the expense of national growth entrench poverty in Africa.
The March 29 budget will contain “targeted and proportionate” help for families with cost of living pressures and move fiscal policy towards stabilising and reducing debt.