All public attention is currently focused on the Sunday reshuffle. Meanwhile behind the scenes, preoccupying the government.is the June quarter inflation figure out on Wednesday.
Academic rigour, journalistic flair
Articles on Australian economy
Displaying 1 - 20 of 189 articles
Andrew Leigh joins us to talk about longer-term economic outlook, reforms to made to the system and the need to increase competition and our flat-lined productivity.
In a speech to Committee for Economic Development of Australia Treasurer Jim Chalmers will say lower commodity prices and a softening labour market mean this year’s revenue upgrade will be modest.
We should be sceptical of anyone claiming a recession is just around the corner.
Applying the logic of JobKeeper to create a HomeKeeper program could save a lot of working-class mortgagors from losing their homes.
While Australia must make some hard choices to pay for services in the future, increasing the goods and services tax is just too hard.
Migrants in Australia less than five years are twice as likely to be underpaid as other employees.
The RBA’s latest forecasts assume no further rate rises will be needed. There’s nothing in the budget that should change that.
Since the pandemic Australian workers’ share of national income and purchasing power has fallen at an unprecedented rate. New policies are needed.
Reserve Bank of Australia governor Philip Lowe is unrepentant about the prospect of further interest-rate rises. In fact, he says there’s a risk the bank is not doing enough.
The Reserve Bank of Australia tips economic growth to slow, inflation to remain high, spending to stagnate, unemployment to increase and real wages to fall further.
Interest rates are almost certain to rise again in February, after the latest Consumer Price Index figures showing inflation hitting a record high of 7.8% in 2022.
The Whitlam government’s economic performance was certainly not perfect. But it deserves a better reputation than it has.
Modelling from Victoria University finds four groups of occupations most likely to have shortages of workers or an oversupply.
An uncritical obsession with productivity threatens to distract us from the deeper problems Australia must face and fix.
Even with enough supply, local gas prices have been skyrocketing. The ACCC has squibbed on possible reforms such as a windfall profits tax.
As Jim Chalmers prepares to deliver grim news on the economy, he will choose his words carefully.
Australia has its lowest unemployment rates in almost 50 years – helped along by high numbers of employees off work sick.
Compared with other OECD nations, Australians pay much less tax than some headline statistics suggest.
The Reserve Bank of Australia has delivered a ‘double-whammy’ interest rate rise, with up to five more to come in 2022.
Top contributors
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Professor of Economics, UNSW Sydney
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Professorial Fellow, University of Canberra
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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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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Professiorial Fellow, The University of Melbourne
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Professor of Economics, The University of Melbourne
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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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Industry Professor and Chief Economist, University of Technology Sydney
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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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Vice-Chancellor’s Fellow, University of Tasmania
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Professor of Macroeconomics, University of Sydney
