The amount our workers produce has been stagnant for a while now, but there is a boost to be had in increasing labour force involvement in their jobs and the business.
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Data analysed from 32 countries shows women make a huge economic contribution that often goes unrecognised (and unpaid).
A budget speech that fails to discuss basic measures of how the economy going is revealing in itself. Joe Hockey is the first treasurer since at least 1981 not to mention GDP.
In the latest in our Budget Explainer series, Mark Crosby explains debt and deficit and where Australia stands.
The key economic indicators to look out for on budget night.
It’s economics 101: to pay down debt, you must restrict spending or raise taxes. To stoke an economy, you’ve got to do the opposite. So which way will this government go?
While Conservative pundits wonder why high scores for economic competence aren’t boosting poll numbers, some clues might lie away from financial measures.
Australia’s federal government wants to boost ‘energy productivity’ by 40% by 2030. A good idea, but the plan needs to cut energy use, not just deliver more economic bang for the energy buck.
Traditional economic measures suit the main parties – but not the electorate.
In China, the value of output produced in the December quarter drops a staggering 53%. And it’s down to New Year celebrations.
This week’s Reserve Bank interest rate move surprised virtually everyone, bringing the cash rate to 2.25%, yet another historic low. Despite Australian Treasurer Joe Hockey suggesting the rate cut means…
Two things stand out about the economic recovery in Britain. One is the sluggish growth in real wages. The other is the sluggish growth in productivity. That the two phenomena have coincided is no accident…
If ever we wanted a reminder of how global capitalism has got things wrong, the Ebola outbreak in West Africa serves the purpose well. Our assumption that economic growth is essential is not only a feature…
China’s 7.4% growth in GDP is the weakest full-year growth rate in more than two decades, and the government’s official growth target last year is missed. But don’t expect an overreaction from the government…
The focus of the recently concluded G20 summit was economic growth. The final communiqué begins: “Raising global growth to deliver better living standards and quality jobs for people across the world is…
Not too long ago, cynics were wondering if David Cameron’s fears over the global economy were a ploy to shift blame for any flaws in the UK’s performance as we near the May 2015 general election. However…
Taken at face value, David Cameron’s warning this week about risks in the global economy sounds like it might be wonderfully prescient. Here’s the country’s economic chauffeur, carefully checking his instrument…
When discussing the state of the economy, politicians deploy two key tricks. First, get your excuses in early. Second, take all the credit for any good news but blame others for any bad news. David Cameron…
The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems – the problems of…
Since 1990, GDP per person in China has doubled and then redoubled. With average incomes multiplying fourfold in little more than two decades, one might expect many of the Chinese people to be dancing…
Top contributors
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Scientia Professor of Economics, UNSW
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Senior lecturer, Canberra School of Government, University of Canberra
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Professorial Fellow, University of Canberra
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Founding Director, Institute for Sustainability, University of Surrey
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Professor of Economics, University of Canberra
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Professor of Economics & Business, Allegheny College
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Dean of Business School, University of Southern Queensland
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Director, Centre of Policy Studies, Victoria University
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Associate Professor, School of Economics, University of Sydney
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Emeritus Professor of Economics (Griffith University) and Teaching Associate (University of Queensland), Griffith University
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Director and Professor, Australia-China Relations Institute (UTS:ACRI), University of Technology Sydney
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Associate Professor in International Macroeconomics, Cambridge Judge Business School
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Lecturer in Economics, University of the Witwatersrand
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Professor, School of Economics, The University of Queensland