If Australian governments are serious about raising rates of economic growth, they must reform the tax mix and increase the workforce participation rates of women and older people. Each of these reforms…
By lifting female participation in the workforce as much as 6%, Australia could boost its GDP by $25 billion.
AAP/Sergio Dionisio
Widening the GST net and boosting workforce participation by women and older people could grow GDP by $70 billion within a decade, according to a report by independent think-tank the Grattan Institute…
Size does matter: rather than be concerned about achieving a surplus or a deficit, the government should be focusing on how to manage its debt.
AAP
Kevin Davis, Australian Centre for Financial Studies
Treasurer Swan’s commitment to bring the government budget into surplus in 2012-13 may be a political imperative, but is not good economics. The focus for prudential fiscal management should instead be…
IMF head Christine Lagarde sees some positives in global economic growth: but we should be wary of broad projections.
AAP
The recent economic forecasts of the IMF and OECD about prospects for economic growth remind me of an aphorism about the economist who drowned while crossing a river he estimated that was, on average…
Reserve Bank of Australia Governor Glenn Stevens: knowing how individuals board members think is important.
AAP
Monetary policymaking is imperfect. When board members of a central bank such as the Reserve Bank of Australia sit down to set the appropriate target cash rate each month - as they did this week - there…
A slowdown in China’s economy is not yet cause for concern in Australia.
AAP
These days, most economic commentators in Australia sing from the same hymn sheet when it comes to discussing our economic prospects: while the ongoing gloom in the US and the outright deterioration in…
For over 200 years, since the industrial revolution, we have seen economic growth strongly coupled with the consumption of more and more resources. The more we grew, the more we consumed. This model works…
Our obsession with growth stops us taking meaningful action on climate change.
Flickr/hfabulous
While global warming deniers have been effective in their aim of sowing doubt in the public mind, the most powerful argument used over and over has been that cutting emissions will cut growth, and that…