Australia faces economic problems down the road if three big, structural reform areas — housing affordability, the tax mix, and decarbonisation — are not addressed.
- Scientia Professor of Economics, UNSW
Taxing super profits sounds like a a good idea, but it’s hard to get right and there might be better ways to get more company tax.
OzSAGE brings together infectious disease and public heath experts, engineers, architects, economists and social scientists. Its first recommendations deal with ventilation and the measures that will have to accompany widespread vaccination.
Most kids will be unvaccinated if schools in the two largest states re-open in term 4. There may still be community transmission, but there are measures we can take to shield kids from the virus.
Australia could again fall into the trap of false economies by opening up too soon.
The unemployment decline isn’t as impressive as it first appears, and wages growth remains sluggish.
The independence of Australia’s central bank doesn’t make it infallible. It should welcome peer review.
Ironically, it is the “ivory-tower” economists who tend to do the most interesting, and valuable, work.
Uber’s downsides are well publicised, but it may have a big social benefit in helping to reduce the incidence of drunk driving.
To paraphrase a legendary golfing saying, the harder you work, the luckier you get.
The last time Australia’s unemployment rate was below 5% was June 2011.
Pitting health against the economy is a false dichotomy.
The Reserve Bank governor’s ‘forward guidance’ risks him not adapting to changing circumstances, or undermining his credibility.
The nice way to describe a new study suggesting lockdowns haven’t saved lives is that it’s ‘brave’.
Australia appears to have cracked the case on teen driver safety by restricting late-night passengers.
To drive living standards upward we need new technologies to relentlessly improve productivity.
The RBA shouldn’t be spooked into raising interest rates, but the prospect of inflation in the next few years is an important consideration for central banks around the world.
Activist short selling plays an important role in keeping financial markets accountable and efficient.
Businesses won’t employ more people unless they are prepared to invest. Figures out on Thursday suggest they are.
Australia’s official unemployment rate falling to 5.5% is enough to make a treasurer dance. But we shouldn’t get too carried away.
Looking graphically at actual and forecast GDP makes it clear why some speak of a ‘V-shaped recovery’. But even the fairly bullish assumptions reveal a recovery where the V isn’t really sharp enough.
The bank’s decision to focus on just one thing puts the onus on the government to take action to rein in home prices.
Inflation, interest rates and booming mining royalties give the Morrison government scope to ignore the deficit daleks.
Diversity can lead organisations to perform better. But new research shows that isn’t automatic.
Christine Holgate’s demise over luxury watches shows public-sector norms and private-sector competition don’t mix well.
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