Peter Martin, Crawford School of Public Policy, Australian National University
Philip Lowe is on the cusp of permanently changing Australia. He stands a good chance of being one of the best governors since the first, who ushered in the goal of full employment.
Australia’s unemployment rate is at what would once been regarded as full employment. But that doesn’t mean it can’t fall further.
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Unlike other age groups, 16- to 24-year-olds haven't recovered the job losses they suffered during the Great Recession. Spurring investment and growth are key to getting them back to work.
Are there enough jobs for the class of 2016?
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The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.
The “crowding out” theory underpinning arguments to slash government spending should be viewed with scepticism.
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In the lead-up to the federal government’s budget in May, we’ve been told to expect deep cuts in government spending. Such a policy is said to contribute to a short run decline in Australia’s economic…