All options considered: Treasurer Joe Hockey has unveiled a bleak outlook for the May federal budget. AAP

‘All options on the table’: Hockey unveils MYEFO, experts react

Federal Treasurer Joe Hockey’s first budget update has revealed a massive blowout to the bottom line and a warning of a decade of deficits ahead. The government’s Mid-Year Economic and Fiscal Outlook (MYEFO…
Both Tony Abbott and Kevin Rudd have been busy visiting manufacturing facilities during the election campaign. However neither is promising inspiring economic policy. AAP/Julian Smith

Election 2013 Essays: It’s the economy, stupid

Election 2013 Essays: As the federal election campaign draws to a close, The Conversation asked eminent thinkers to reflect on the state of the nation and the challenges Australia – and whichever party…
Eurozone countries must toe the fiscal line, or face the consequences under a new treaty signed this week. AAP

Fiscal miscreants to face sanctions, as Greek deal teeters

Europe this week has voted for tough new fiscal rules aimed at reining in high deficits, as world economic leaders continue to grapple with solving the sovereign debt crisis. But not all measures have…
Bankrupt former billionaire Sean Quinn accepted highly risky loans from Anglo Irish Bank before it collapsed. AAP

Fallen billionaire Sean Quinn embodies Ireland’s boom to bust

The fall of the “Mighty” Sean Quinn from Ireland’s (and Forbes-listed) richest man to one of the world’s most indebted individuals is perhaps the biggest story of Ireland’s boom-to-bust recent economic…
Boom to bailout: Ireland’s economic implosion shows the consequences of unfettered policy. AAP

Why it pays to believe economists

This year’s Economic Society of Australia conference saw a range of strong views expressed on what Australian policy makers have managed to get broadly right (carbon tax – hurrah!) and wrong (NBN – boo…
She’s happy… but we still understand little about how people make their choices. AFP PHOTO/ASP/HO /KIRSTIN SCHOLTZ

We’re happier than most ‑ now let’s get smart

The release of surveys such as the Gallup Global Well-Being Index produce vast column inches of what are fun but largely meaningless articles on how Australians are happier than New Zealanders (they are…

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