Treasury Secretary Steven Kennedy says its up to the Reserve Bank to boost the economy. In normal times, that’s not his job.
Academic rigor, journalistic flair
Crawford School of Public Policy, Australian National University
Crawford School of Public Policy at The Australian National University is Asia and the Pacific’s leading graduate public policy school. Crawford School is home to influential publications including the journal Asia and the Pacific Policy Studies, and publications such as East Asia Forum, Dev Policy Blog, Policy Forum, Solutions, and Advance.
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If needed, Governor Lowe will cut rates to near zero, and then effectivly cut them further.
One of the questions is how much we need in retirement. Another is whether we need 12% compulsory super to get there.
Middle earners are set to pay 18.8% of their income in tax instead of 14.9% under the projections that show 10 years of surplus budgets.
Newstart increases are projected to get smaller and smaller relative to pension increases. By the end of the century Newstart will be just two fifths of the pension.
The UN has asked world leaders to bring concrete climate action plans to this week’s summit - and Australia is likely to cop heavy criticism.
Households are buying no more than they were a year ago, and the wage share of national income is the lowest since 1964.
Australia is becoming more like the United States. Increasingly, we invest overseas. Our domestic economy is weak.
We’ve tested the claim that overworkers have no choice, and found it wanting.
How can Australia’s new Inspector General be expected to inspect waterways without a firm grasp of how much water in in them?
The Reserve Bank’s best case scenario is that its forecasts are wrong.
Illegality doesn’t matter when you’ve kneecapped the umpire who would have enforced the rules.
The official figures show things are fine, but Australia’s most comprehensive tracking survey finds the typical household is worse off than ten years ago.
Many people enter and leave Newstart quickly. But most of those on it have been on it for a long time.
Often misunderstood, deeming rates are back broadly where they should be.
It’s a good idea to deem income, but of late we’ve doing it badly.
Philip Lowe is on the cusp of permanently changing Australia. He stands a good chance of being one of the best governors since the first, who ushered in the goal of full employment.
The Reserve Bank has cut the official interest rate to a new low of 1%, reflecting continuing concern over the slow economy.
The Conversation’s distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
The federal government claims that Australia’s rising emissions are offset by savings around the globe when Australian gas exports replace other fossil fuels. But the numbers don’t stack up like that.
Authors
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Visiting Fellow and Director – Micro heterogeneity and Macroeconomic Performance program, Crawford School of Public Policy, Australian National University
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Professor, Crawford School of Public Policy, Australian National University
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Research Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
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Professor of Public Policy, Crawford School of Public Policy, Australian National University
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Professor, Crawford School of Public Policy, Australian National University
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Economist, Crawford School of Public Policy, Australian National University
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor, Crawford School of Public Policy, Australian National University
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Australian Laureate Professor, Crawford School of Public Policy, Australian National University
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Professor of Economics, Crawford School of Public Policy, Australian National University
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Adjunct Professor, Crawford School of Public Policy, Australian National University
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Professor of Economics and Director, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
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Professor in the practice of public policy and antitrust, Crawford School of Public Policy, Australian National University
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Visiting Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
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Distinguished Professor of Economics and Public Policy, ANU Centre for Applied Macroeconomic Analysis (CAMA), Crawford School of Public Policy, Australian National University
