Articles on Economics

Displaying 261 - 280 of 476 articles

MYEFO leaves Treasurer Scott Morrison with the difficult task of managing Australia through a period of both sluggish GDP growth and a persistent budget deficit. Mick Tsikas/AAP

There are two big political problems buried in the latest budget update

Next year GDP will grow at the second-slowest rate in 16 years, according to MYEFO. This has big implications for unemployment and the deficit.
MYEFO is more positive about the 2016-17 budget bottom line than previous expectations. However, projections over the forward estimates have worsened. Lukas Coch/AAP

2016-17 MYEFO experts’ response: more of the same is not good enough

While MYEFO discussion focuses on the budget deficit, experts say it also serves as a stark reminder of the need for bigger policy ideas in Canberra.
The government has changed the rules so that another foreign investor can replace one who has pulled out of buying an off-the-plan dwelling. Mick Tsikas/AAP

Changes for off-the-plan foreign buyers rely on a broken supply argument

The government says its changes to foreign investment will increase housing supply and make it more affordable, but that's relying on narrow and possibly incorrect assumptions about investors.
The problem with the current rezoning approach is that it leads to huge windfall profits and developments aimed at the upper end of the market. AAP

Sydney needs higher affordable housing targets

The community needs affordable housing and that requires meaningful targets for new developments. The only ones who will lose out are landholders who make windfall profits from rezoning.
Australia and Poland could adopt similar policies to protect against economic shocks from China and the EU, respectively. Kacper Pempel/Reuters

Business Briefing: what Australia can learn from a Polish economist

Business Briefing: what Australia can learn from a Polish economist. The Conversation20.1 MB (download)
Visiting Professor Andrzej Rzonca from the Warsaw School of Economics is in Australia to talk about growth, the European Union, Brexit and much more.
Chinese premier Li Keqiang and Russian prime minister Dmitry Medvedev shake hands at a Shanghai Cooperation Organisation meeting, which will help facilitate transparent economic cooperation between Asian countries. China Daily Information Corp/Reuters

China will need to be more transparent to achieve its development goals

China will have to play by international rules on transparency and accountability if it wants to secure its place as a leader for economic development in Asia.

Top contributors

More