The economy shrank 1.9% in the September quarter, but figures released on Wednesday show spending roaring back as soon as the lockdowns ended.
Looking beyond the latest quarterly GDP figures, the truth is we’re getting better off more slowly than before.
Brainard has been pushing the Fed to consider exposure to climate change in its regulation and analysis of banks. That’s sparked fury from Republican senators – and even a Nobel Prize winner.
Outside of a few superstar firms investing heavily in artificial intelligence, investment by Australian businesses has been shrinking for a decade and isn’t set to bounce back.
In its quarterly statement on the economy the Bank is at pains to suggest it won’t be lifting interest rates quickly.
We talk to three experts who argue we governments need to find alternatives for their dependence on economic growth. Listen to episode 39 of The Conversation Weekly.
People inevitably became less contented during the pandemic, but it’s part of a longer trend.
Over the coming decade a new study will put citizens and communities at the centre of efforts to reimagine prosperity and define what constitutes a good quality of life.
Rebasing matters because it makes updated and better data available so that better policies can be designed.
Learning to live with COVID.
Michelle Grattan discusses politics with politics + society editor, Amanda Dunn
Wednesday’s national accounts show the Australian economy entered the delta storm in a better position than any other developed country’s.
It has consequences for everything from voting rights at the IMF to international borrowing costs.
We looked at 100 years of Tory and Labour governments to see who was better at producing GDP.
Some national economies will return to their pre-COVID levels this year, others not until 2025. What does this imbalance mean for the global economy?
University of Canberra Professorial Fellow Michelle Grattan and University of Canberra Associate Professor Caroline Fisher discuss the week in politics.
Things looked good, although we were still cautious at the end of March. Our national accounts are prepared with a lag.
GDP only measures economic growth – not inequality, poverty or unpaid work like elder care. So researchers in the Netherlands developed a new way for governments to see how people are actually doing.
Canadian residential real estate and farmland have historically proven to be strategic hedges against inflation.
Economic activity has returned to almost what it was before the crisis, but to nowhere near were it would have been were it not for the crisis.
Many studies have assumed that lockdowns are the leading driver of economic downturns – but evidence suggests otherwise.