The Grattan Institute's director of energy, Tony Wood, provides his analysis of this week's energy minister's meeting and why an integrated energy and climate change policy is critical.
The Grattan Institute's director of energy, Tony Wood, provides his analysis of this week's energy minister's meeting and why an integrated energy and climate change policy is critical.
Twelve of Australia's prominent economists penned an open letter to the new Treasurer Jim Chalmers about what they want to see in the promised review of the Reserve Bank of Australia. Renee Fry-McKibbin, Professor of Economics at the ANU's Crawford School of Public policy and interim director explains why this review is so important to get right.
We have a new government so where does it stand on the big issues like climate and industrial relations? Anna Skarbek, CEO of Climateworks Centre discusses the targets and policies but also how much more needs to be done and Andrew Stewart, Professor of Law at the University of Adelaide talks through the challenges the government has with rejuvenating enterprise bargaining mechanisms for pay rises as well as other policy commitments. And have we reached the limits of global trade liberalisation?...
It has been a very long election campaign so is it possible there are areas that haven't been discussed by the major political parties? Richard Holden, Professor of Economics at the University of New South Wales Business School and Danielle Wood, economist and CEO of the Grattan Institute reflect on the policies and economics that have been forgotten.
How do you know when we're in a global recession? Well, there's no precise rule but the economies of China, US and Europe are all facing challenges and uncertainties making forecasting difficult. And as Harvard Professor of Economics Kenneth Rogoff, says, we'll know when we are in one. And this doesn't bode well for Australia where long term forecasts are showing budget deficits. With election spending promises, neither side of politics is mentioning major reform that most economists know is a m...
In the wake of this weeks RBA increase in interest rates, how difficult is it to forecast in uncertain times? Former economist at the RBA and lecturer at Monash University, Isaac Gross discusses indicators and predictions. How can it be that the number of people receiving unemployment benefits is higher than the number of unemployed? Why are some people receiving benefits exempt from looking for work? Professor Peter Whiteford from the Crawford School of Public Policy at the ANU talks through th...
Inflation, interest rates and the RBA. Warren Hogan economic advisor to Judo Bank provides his prediction of when rates will go up and by how much as well as what are the key questions for a forthcoming review of the RBA. As the Solomon Islands and China deal continues to dominate the election campaign what are the differences in each party's approach to foreign aid and is it economically viable? Stephen Howes, professor of economics at the Crawford School of Public Policy at the ANU discusses. ...
The funding of the National Disability Insurance Scheme has always been a contentious issue between the ALP and the Coalition. Economist Dr Angela Jackson from Impact Economics and Policy outlines why the costs are so high and how to make it more sustainable. What can economic modelling tell us about who will win the Federal Election? Economist Hamish Greenop-Roberts from the University of Queensland, has studied past elections to determine which economic figures are the best indicators for a wi...
The funding of the National Disability Insurance Scheme has always been a contentious issue between the ALP and the Coalition. Economist Dr Angela Jackson from Impact Economics and Policy outlines why the costs are so high and how to make it more sustainable. What can economic modelling tell us about who will win the Federal Election? Economist Hamish Greenop-Roberts from the University of Queensland, has studied past elections to determine which economic figures are the best indicators for a wi...
There's been a lot of noise around the unemployment figure of 4 percent, but that's not the only figure we should be concerned about with youth unemployment currently at 9.3 percent. How this figure can be improved is explained by Eliza Littleton, research economist at The Australian Institute and co-author of the report Youth unemployment and the pandemic . In the 2019 federal election, political parties collectively spent $433 million. We won't know the figure for this election until next Febr...
As we all await for the Prime Minister to announce the date for the 2022 Federal Election, the Australian Electoral Commission began preparing for it the day after the last election in 2019. What is involved and what is the cost of running an election across the nation? The AEC's spokesperson, Evan Ekin-Smyth explains. And the French head to the polls this weekend in the first round of Presidential elections. In the last few weeks, polling shows a close contest with purchasing power as a number ...
As we all await for the Prime Minister to announce the date for the 2022 Federal Election, the Australian Electoral Commission began preparing for it the day after the last election in 2019. What is involved and what is the cost of running an election across the nation? The AEC's spokesperson, Evan Ekin-Smyth explains. And the French head to the polls this weekend in the first round of Presidential elections. In the last few weeks, polling shows a close contest with purchasing power as a number ...
The Money continues with the Federal Budget analyses but with a difference. Four younger economists, including three recipients of the Economic Society of Australia's Young Economist award, discuss how the budget stacks up when applying their specialist lens.
The Money continues with the Federal Budget analyses but with a difference. Four younger economists, including three recipients of the Economic Society of Australia's Young Economist award, discuss how the budget stacks up when applying their specialist lens.
If you could nominate what you wanted from next week's federal budget, what would it be? Join us on The Money as four people representing different parts of Australian life - the community, small business, employers and those under housing stress - answer this question. Cassandra Goldie, CEO of Australian Council of Social Services; Alexi Boyd, CEO of the Council of Small Business Organisations Australia; Innes Willox, Chief Executive at Australian Industry Group and Kate Colvin spokesperson for...
Inflation is on the rise, driven by supply shocks. Does the Reserve Bank of Australia need to do something about it? Sean Langcake, head of macroeconomic forecasting at BIS Oxford Economics explains.
Inflation is on the rise, driven by supply shocks. Does the Reserve Bank of Australia need to do something about it? Sean Langcake, head of macroeconomic forecasting at BIS Oxford Economics explains.
Insurance premiums are increasing with the frequency of climate induced natural disasters. The government is planning a reinsurance pool of $10 billion in the hope of making premiums cheaper. But this may not work as Antonia Settle from the Melbourne Institute of Applied Economics and Social Research explains.
This week as severe flooding causes havoc in south east Queensland and parts of NSW, two important, relevant reports were released. One by the Insurance Council of Australia outlining what the Federal and State Governments need to invest to protect against the cost of increasing climate disasters and one by the Intergovernmental Panel on Climate Change with a very grim outlook for Australia if emissions aren't cut dramatically. Nicki Hutley, independent economist and Economist with the Climate C...
Does extending parental leave entitlements present a greater cost to the Australian economy or a benefit? The answer from economists and gender equality groups seem to agree, it is beneficial for all. Both socially and economically. These benefits extend to unpaid work at home. This does make sense when you listen to economist Jessica Mizrahi, Director at Accenture Australia and Vice President of the Economic Society of NSW and Mary Wooldridge, Director of the Workplace Gender Equality Agency. W...
It has been a bumpy few years with the pandemic and businesses have had to make huge adjustments. So how are they feeling about the future? Jeremy Thorpe, chief economist of PwC Australia shares the results of their annual survey of CEOs and explains why cybersecurity is the number one risk, as well as why businesses are focussing on the US and New Zealand.
Economist Jim Stanford argues supply and demand will not increase wages. What is needed is the political will and policies to lift wages, structures and institutions and an expanding public sector.
Economist Jim Stanford argues supply and demand will not increase wages. What is needed is the political will and policies to lift wages, structures and institutions and an expanding public sector.
How globalisation has altered the effectiveness of economic sanctions.
What needs to be done to improve the care in aged care.
Predictions and expectations abound from the Reserve Bank of Australia chief's speech this week.
What can the satirical film about a comet hurtling to earth teach us about economics?
