Our economy remains far weaker than it was a year ago and far weaker than it would have been had spending not collapsed.
Academic rigor, journalistic flair
Articles on national accounts
Displaying 21 - 40 of 44 articles
Without a jump in consumer spending the recovery will be slow, and that’s in doubt.
Chris Bowen on the recession, aged care and priorities for health policy
Michelle Grattan sits down with shadow health minister Chris Bowen
It’s the worst since the Great Depression and it isn’t clear there’s a path out.
It’s far too early to declare victory. The need for conventional economic stimulus has just begun.
Incomes climbed as we snapped our wallets shut in the March quarter. The June quarter will be much, much worse.
Far too much hangs on whether Australia is “technically” in a recession. It might be skewing the design of our coronavirus support measures.
This service sector recession can’t be fought with infrastructure programs. Tour guides are ill-suited to building high-speed trains.
Treasury will update the nation on the likely impact of the coronavirus on Thursday.
Some households have shared disproportionately in the growing national wealth, but GNP fails to reflect the disparity in gains across economic groups.
The situation with Naomi Wolf is another case of Angus Taylor being sloppy with facts and refusing to clean up his mess quickly.
Spending growth has fallen to financial crisis lows. Per person, economic growth and spending has gone backwards. Josh Frydenberg isn’t ruling out action in the pre-Christmas budget update.
Michelle Grattan discusses the slowing economy, and the response to Channel 9’s decision to host a fundraiser for the Liberal party.
Politics with Michelle Grattan: Treasurer Josh Frydenberg on a slowing economy
This week's June quarter national accounts showed the weakest economic growth since the GFC, but Treasurer Josh Frydenberg remains optimistic.
Households are buying no more than they were a year ago, and the wage share of national income is the lowest since 1964.
Australia is becoming more like the United States. Increasingly, we invest overseas. Our domestic economy is weak.
It it wasn’t for a surge in government spending economic growth would be extraordinarily weak. As it is, it’s the weakest since the global financial crisis.
Both Gaetjens and Frydenberg might reflect, incidentally, that this, the first budget for each of them, is likely to be their last - if the opinion polls are right.
The treasurer says 2018 was a year of two halves, but there were signs of a downturn well before mid year.
Wednesday’s national accounts were good, perhaps as good as they’ll get.
Top contributors
-
Visiting Fellow, Crawford School of Public Policy, Australian National University
-
Professorial Fellow, University of Canberra
-
Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
-
Professor of Economics, UNSW Sydney
-
Economist at Centre of Policy Studies, Victoria University
-
Lecturer in Economics, Monash University
-
Professor of Economics, Griffith University
-
Visiting Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
-
Professor of Economics, The University of Melbourne
-
Associate Professor of Economics, University of Manitoba
-
Adjunct professor, Flinders University
-
Professor of Economics, The University of Melbourne
-
Professor of Economics, The University of Melbourne
-
Professor of Economics, University of Canberra
-
Peter Whiteford is a Friend of The Conversation.
Professor, Crawford School of Public Policy, Australian National University
