A budget speech that fails to discuss basic measures of how the economy going is revealing in itself. Joe Hockey is the first treasurer since at least 1981 not to mention GDP.
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Articles on Australian economy
Displaying 121 - 140 of 157 articles
A neutral fiscal policy stance should be the general rule for Australia. It is unwise to attempt to use the federal budget to manage economic growth.
The impact of 2015 budget measures delivered by the government pale into insignificance when compared with the external factors hurting the budget bottom line.
Mining, along with agriculture, will continue to be key parts of the Australian economy -- but new growth is expected in the services sector.
Now is not the time for complacency. Australia must be on the front foot if it wants to make the most of what economists are calling the "new normal."
The mining boom is over and the industry is employing fewer workers -- but the outlook for mining in Australia seems generally good.
Most of the new credit released after China's central bank cut the required reserve ratio will be used to fund new investment in infrastructure and construction -- and that's good news for Australia.
Uncertainty about economic growth is driving record low long-term government bond yields, but there's more to the story.
A line-up of former prime ministers stake their rival claims to making Australia great, in a new series by journalist George Megalogenis.
It would seem odd that the guesses of a random collection of people inform economic policy. But there's more to consumer sentiment than that.
Experts question where the jobs for older Australians will come from.
You know Australia’s in trouble when the Reserve Bank cuts interest rates. Last week, the central bank did precisely that, in belated recognition of the income recession that has struck. Gross domestic…
Much of the current political turmoil in Australia can be traced to Bill Clinton’s famous aphorism: “it’s the economy stupid” – in particular, the plunge in world commodity prices over the past few years…
What is the new normal for the Australian economy? With unemployment rising, commodity prices reaching new lows, and confidence subdued, is the Australian economy prepared to handle offshore headwinds…
In the wake of Monday’s attempted Liberal leadership spill, Australian Prime Minister Tony Abbott clearly needs to do something to shore up support. He’s been offered all manner of unsolicited advice…
The move to challenge the leadership of Prime Minister Tony Abbott, coming soon after the shock Queensland election outcome, has in some quarters been blamed on a lack of appetite for reform on the part…
Though markets had somewhat priced in an Australian interest rate cut yesterday, many analysts and commentators were still left surprised. The rate had not been cut for 18 months. Over that period commentary…
For a number of reasons, now is not a good time to be Australia’s federal treasurer. The resources boom has lost its mojo, the economy is faltering and the dollar is falling along with the terms of trade…
How much debt is Queensland really in? How much of that debt can past Labor governments bear responsibility for, and has the current Liberal National government cut or added to it? And how does Queensland’s…
The government’s recent budget outlook (MYEFO) confirmed that the Australian government budget is rotten at the core. The government is hopelessly living beyond its means, with expenditure greater than…
Top contributors
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Professor of Economics, UNSW
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Professor of Economics and National Senior Teaching Fellow, Griffith University
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Professor, Griffith Business School, Griffith University
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Professorial Fellow, University of Canberra
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John Daley is a Friend of The Conversation.
Senior Fellow, Grattan Institute
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Economist at Centre of Policy Studies, Victoria University
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Professor, Monash University
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School of Social Sciences, Monash University
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Professorial Fellow and Deputy Director (Research), HILDA Survey, Melbourne Institute of Applied Economic and Social Research, University of Melbourne
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Vice-Chancellor’s Fellow, University of Tasmania
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J.W. Nevile Fellow in Economics and host of The Airport Economist, UNSW
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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, University of Western Australia
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Industry Professor, University of Technology Sydney
