The panel believes Australia will avoid a recession the year ahead, but is much less certain about the United States. It expects real wages to go backwards and economic growth to sink.
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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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Displaying 121 - 140 of 397 articles
India is now the third-largest birthplace of Australian residents behind Australia and England, while for the first time less than half of the population has identified as Christian.
Australia already imposes a super-profits tax of 40% on gas producers, but very little is paid. Yet we know how to simplify the system, so we’re not gifting billions to multinational companies.
If financial markets are to be believed, you’ll be paying $1,000 a month more on a $500,000 mortgage by the end of next year. But I don’t think interest rates will go that high – here’s why.
New treasurer Jim Chalmers was part of Australia’s successful effort to avoid the last US-led “great recession” in 2008. He may need to draw on those lessons sooner than we’d like.
The independent review of the Reserve Bank should be headed by someone from outside the country say 12 leading economists in an open letter to the treasurer.
Low-wage earners are going backwards. Here’s why they deserve an increase in the minimum wage by $1 an hour from July 1.
Making promises add up just before an election carries risks. Labor says its no longer willing to wear them.
Both major parties’ schemes would put upward pressure on house prices – but not much. Here’s why, according to a former Australian Treasury official.
On many dimensions, Millennials aged 25-35 are better off than were Boomers, with housing and the environment the big exceptions.
Some earners will take home less after a tax switch legislated years ago and now supported by both sides of parliament.
Why raise rates now, for the first time in more than a decade? If the Reserve Bank isn’t careful, too many more rate hikes like this might help bring on a recession.
Of the news on prices, wages, interest rates and unemployment, only the unemployment update looks set to be positive for the Coalition.
You might be surprised to know that many unemployed Australians are not on unemployment benefits. And then came COVID – which saw a big shift in how many people were able and willing to claim.
Even with the latest small increase, JobSeeker remains low by overseas standards – and, on one measure, it’s the lowest in the OECD.
Two key economic indicators are the key to predicting most of the past 120 years of federal elections results – including ones the polls have famously got wrong.
While everyone’s talking about Anthony Albanese’s campaign stumble, the more extraordinary thing is that unemployment is actually set to fall below 4%. A 60-year low of 3% is now within sight.
More than twice as many economists in the Economic Society of Australia poll picked “climate and the environment” as the most important election issue as picked housing, health, tax, or education.
Australian retirees die with most of the super they had when they finished work. There’s a measure in the budget that threatens to entrench that.
The budget forecasts and unemployment numbers show Josh Frydenberg’s COVID support spending has paid dividends.
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
