South Africa’s government should urgently announce a moratorium on civil service employment growth. The country has reached its upper limit in the number of civil servants that can be sustained.
The Australian dollar has remained low for some time, but the expected growth uptick is yet to arrive.
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The idea that our universe is just one in a ‘multiverse’ of parallel universes is increasingly gathering attention from cosmologists. But can we ever test the theory?
Running the economy is a bit like running a race…
Jogger wall via www.shutterstock.com
My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
The South African Reserve Bank is a fine example of clear communication of the decision whether to hold, increase, or decrease interest rates. It also gives clear signals of future decisions.
As we head into the federal budget tonight, all eyes will be on how the Coalition government might tackle some challenging economic data affecting Australia’s economy.
The key indicators of the health of the economy are the unemployment rate, inflation rate and economic growth.
AAP Image/Julian Smith
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Keeping them waiting. Mario Draghi.
World Economic Forum
Mario Draghi did get round to announcing a much-anticipated new round of quantitative easing (QE) in the end, but never have nine minutes felt so long. The world tuned into the European Central Bank press…
This government is fond of comparing the economy to a household budget - but there is one really major difference.
AAP/Lukas Koch
Treasurer Joe Hockey is experiencing difficult times. Deteriorating terms of trade and an uncooperative senate mean that he cannot deliver the surplus when he said he would and he cannot continue to cut…
Marlins owner Jeffrey Loria and slugger Giancarlo Stanton are all smiles as Stanton signs his $325 million deal.
USA Today Sports/Reuters
In baseball history, nine players have signed guaranteed contracts worth over $200 million. Five of those contracts have been for ten years. Two of the five belong to Alex Rodriguez; the others include…
Janet Yellen, chair of the Federal Reserve board.
EPA/Jim Lo Scalzo
The US Federal Reserve this week has moved one step closer to lifting interest rates by ending its controversial bond-buying program. This begins a long-anticipated process that will take many months to…
With the Australian dollar continuing to fall, the local economy is expected to rebalance.
Paul Miller/AAP
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Can Draghi the gambler feel Europe’s pulse?
Dennis Skley
The European Central Bank’s decision to cut its interest rates further showed that the zero rate rubicon holds no fear, while one substantial bullet was kept in the barrel. It is a useful marker for markets…