Articles on Economics

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Australian voters rejected carbon taxation. But some US conservatives are now embracing it. AAP Image/Paul Miller

Tax and dividend: how conservatives can grow to love carbon pricing

Taxing carbon has always been a tricky political sell for conservatives. But a group of establishment US Republicans is touting the idea of a carbon "tax and dividend" as a way to break the deadlock.
California Gov. Jerry Brown signs SB350 on Oct. 7, 2015. The bill calls for increasing the state’s renewable electricity use to 50 percent and doubling energy efficiency in existing buildings by 2030. AP Photo/Damian Dovarganes

Will blazing a low-carbon path pay off for California?

California has set ambitious goals for cutting carbon emissions and shifting to a clean energy economy. How will this strategy affect the state's huge economy? An economist weighs the evidence.
Prime Minister Malcolm Turnbull used part of his address to the national press club to sell the company tax cut. Mick Tsikas/AAP

What economists and tax experts think of the company tax cut

The federal government is still trying to convince senate crossbenchers to pass a company tax cut but tax experts and economists dispute all of its supposed benefits.
The threat of the closure of Arrium’s steelworks in the SA town of Whyalla is just one of many that could disrupt the state’s economy. Mick Tsikas/AAP

The search for an economic solution for South Australia

South Australia is facing a whole range of social and economic problems that are forming the perfect storm.
Modern monetary theorists aren’t concerned with budget repair. Joel Carrett/AAP

Explainer: what is modern monetary theory?

Modern monetary theory is gaining traction in a global economic environment that defies the efforts of policymakers to restore growth.
An M-Pesa agent and mobile phone shop in Nairobi. A decade after it was introduced economic benefits are being felt. EPA/Boniface Mwangi

Study provides fresh insights into the benefits of mobile money in Kenya

M-PESA was launched nearly a decade ago in Kenya. New evidence suggests that the mobile money banking system has helped reduced poverty levels, particularly in households headed by women.

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