Australia currently spends 2% of GDP on defence. Donald Trump wants it to be 3%. What is the magic number? We asked five experts
- Professor of Economics, Dean of UWA Business School, The University of Western Australia
Labour’s share of national income has declined since the 1970s, but there is no sense of any permanent trend.
Low income workers are suffering much more than high income ones. It’s a pattern that dates back millennia.
The lock-downs are saving more lives than they cost, but eventually the costs will rise to the point where they exceed the value of lives saved.
China’s military budget is usually thought to be about 40% of that of the US. In reality it’s about 75%.
As Australia increasingly looks to Beijing for economic opportunities, questions must be asked about the true extent of China’s economic strength
Many provisions in the Trans-Pacific Partnership have been suspended after the United States pulled out. But there’s still much to debate about the regional free trade agreement.
New modelling shows that Australia’s distance from Europe and the United States hurts our exports, but this will change as Asia develops.
The history of middle incomes countries shows China’s “miracle growth” probably won’t continue.
If the Trans-Pacific Partnership was really about economic growth, it would include China, rather than deliberately locking it out.
As the world’s second largest military power, China’s announcement of a 12% increase in its military budget has elicited grumbles from Taipei, Tokyo and Washington. But what does this increase signal regarding…
After several decades of unprecedented growth, have the benefits trickled down to all Australians? The answer according, to a new study by the Productivity Commission, is a resounding “yes … probably…
Over two million Australians are currently living in poverty, according to a report released yesterday by Australian Council of Social Service (ACOSS). Dr Cassandra Goldie of ACOSS says that it is a “national…
This week’s global report ranking Australia’s productivity growth performance second-last on a list of 51 countries raised eyebrows and prompted calls for urgent action. The Australian Human Resources…
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