Here’s why the federal government won’t bring back JobKeeper
Despite the constant demands for the restoration of JobKeeper, the government is holding fire and instead trying to gauge the scale of the economic hit of Sydney's lockdown to the wider economy.
Sydney’s ongoing lockdowns will see inflation data spike as growth continues to drag down
A big inflation number is expected tomorrow — right as Australia's growth is about to vanish. It's a dose of something we haven't seen much of since the 1970s.
Recession or not, the latest lockdowns will end RBA’s hope to boost wages
Suddenly we're talking about a recession that no one suspected a week ago, as lockdowns crush the economy. But the real impacts will be on monetary policy.
Australians are going to pay more tax post-COVID
The biggest unstated message from the intergenerational report released during the lull between lockdowns is that we will need more tax.
As lockdowns continue, Australia’s unemployment rate hits decade low of 4.9%
The latest jobs figures show Australia’s unemployment rate in June fell below 5% for the first time in a decade. So what does that tell us about the state of the economy?
Is WFH helping or hindering productivity? We need to find out
Logic would suggest we pursue every opportunity for productivity improvements in the workplace, so is working from home helping?
Should we let COVID-19 rip through communities? Most economists say no
With the prospect of a lengthier lockdown looming over Sydney, the idea of “living with the virus” has resurfaced. Here's why most economists disagree.
Kathmandu’s $13 million lockdown hit shows how the Australian economy is falling behind
Outdoor retail chain Kathmandu says it will take a $13 million hit from the latest COVID-19 lockdowns, with 123 stores across Australia forced to close over the past month.
Is technology the real reason global economic growth has slowed?
Advanced economies around the world have, to varying degrees, witnessed the same trend of slowing economic and real wages growth since the financial crisis of 2008-09. Why?
COSBOA: The reality of what will happen if the minimum wage is raised by 3.5%
COSBOA encourages the Fair Work Commission to consider supporting a stable employment regime through a minimal increase in the award-based minimum and associated wages.
Utes, harvesters, production lines: How Australian businesses have gone machinery mad
The latest GDP data shows business investment in equipment and machinery grew at its fastest rate since 2009.
The G7’s move on company tax may actually benefit Australia. Here’s why
A decision by the G7 to ensure multinational businesses pay a minimum company tax rate of “at least” 15% could deliver longer-term economic benefits to Australia.