Donald Trump has had four of his nominations for the US Federal Reserve rejected. Now he has another two.
- Scientia Professor of Economics, UNSW
Australia can’t afford to pick sides between the United States and China. That’s a good thing.
Australia’s treasury adopted a well-being framework well before New Zealand’s much celebrated “well-being budget”. Here’s what happened to it.
The next set of instructions handed to the Reserve Bank will have to be realistic. That might mean a big change.
We’ve two options of keeping ourselves out of recession, neither of them easy. The government will have to abandon its determination to get the budget into surplus.
Combined, APRA and the Reserve Bank are about to give households on $150,000 up to $120,000 more borrowing power.
Online bookies can tap into the wisdom of the crowd better than pollsters.
Most of all, Hawke will be remembered as a reformer — presiding over a set of economic reforms that modernised the Australian economy.
The state of budget-balance fetishism in Australia means political leaders promise to balance the budget, no matter what.
The media loves a victim, but sympathy for someone who won’t spend what they’ve got because they’re saving for their children is taking it too far.
The Conversation’s experts analyse the first Morrison-Shorten debate, with a focus on the key policy issues and the leaders’ performances.
Inflation has barely been within the Governor Philip Lowe’s target band his entire time in office. Zero inflation means he should cut now, before the election.
When the Australian cricket team got caught in a ball-tampering racket, there were consequences. Our politicians do something similar, but get a pass.
Governments are addicted to tax revenue from harmful activities. It is stopping them from doing what is in society’s best interests.
Peter Costello’s Future Fund is funding the apparent elimination of government debt.
What if we were part-paid in something that was like shares in the firm we worked for, except better. It might give us better pay rises.
Josh Frydenberg wants to leave mortgage broker commissions unchanged for three years. It’s hard to see why.
The treasurer says 2018 was a year of two halves, but there were signs of a downturn well before mid year.
There are limits on how much governments can spend without earning, although increasingly politicians are behaving as if there are not.
Last time Australia got lucky. We are unlikley to get lucky again.
Dairy farmers’ incomes are dependent on so much more than the retail price of fresh milk.
Do regulators act in the public interest, or in the interest of those they are meant to regulate?
Research shows small financial incentives for doing maths homework can increase maths achievement. But this raises some tricky ethical questions.
Rates might need to be cut urgently, and because things are good. Governor Lowe has signalled he won’t wait.
The Reserve Bank’s inflation target seems out of date in a world of ultra low inflation. So why is Governor Lowe persisting with it?
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