Governments in rich nations tend to spend more on health. Do we really want them to spend less?
Articles on Economy
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The RBA will get one more inflation reading before it meets again on rates.
Economic growth may have returned to NZ, but lifting living standards will require more than a cyclical recovery. What should voters be looking for in policies?
The challenge is whether the RBA can bring inflation under control without causing a recession.
When worker protection laws were passed across the US, in-house R&D staff began to take fewer risks.
According to a new survey, almost 50% of Australian workers say they are overeducated. But there are more reasons to study than getting a job.
The high cost of housing is also keeping half of young adults up to age 29 living with their parents.
Almost 50% of workers in the latest HILDA survey feel overeducated – which can make people more likely to feel bored at work, underpaid or more likely to quit.
The report has a more political streak than these long-term documents usually do.
The report counts on a lot of factors turning out for the best: AI boosting economic growth and global warming meeting the Paris goals for a start.
The country, and the world, have been losing diesel refining capacity for many years and can’t just ramp up production to fill the shortages.
The rush to build data centres brings investment and the promise of a sophisticated digital economy. But it also creates new pressure on housing and skilled workers.
El Niño can affect agriculture, marine life and economies in profound ways, including slowing commerce at the Panama Canal. This El Niño is likely to be the strongest in over a century.
With food inflation over 128%, ordinary households are seeing – and documenting – the impact of sanctions at the checkout.
Ideas are cheap. Getting major reforms through is the hard part, but we’ve done it before.
The growth figures for June beat expectations – helped in part by record EV sales. But on a per-person basis, the economy is not doing so well.
At last, we have some tax reform. We should hope this is just the start.
For the poorest households in Asia, even small loans can lead to expensive debt traps.
The 2018 ‘reforms’ were bad policy. The sooner they are unwound the better.
The housing market matters for the broader economy. The RBA will be watching closely before it makes another interest rate move.
Top contributors
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Senior lecturer, Canberra School of Government, University of Canberra
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Professor of Economics & Business, Allegheny College
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Professorial Fellow, University of Canberra
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Associate Professor of Business, Boston University
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Associate Professor, School of Economics, University of Sydney
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Professor of Economics, University of Canberra
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Professor of Economics, University of Nebraska Omaha
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Visiting Professor at the Business School, University of the Witwatersrand
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Associate Professor of Finance, Mississippi State University
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Associate Lecturer, University of Aberdeen
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Distinguished Professor, Arthur J. Gosnell Professor of Economics, & Head, Department of Sustainability, Rochester Institute of Technology
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Senior Lecturer in Economics, The Open University
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Professor, and Executive Director: Institute for International Trade, and Director of the Jean Monnet Centre of Trade and Environment, Adelaide University
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Professor, Centre of Policy Studies and the Impact Project, Victoria University
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Senior Lecturer in Economics, University of Sydney