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Stephen Koukoulas

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Stephen Koukoulas —

Stephen Koukoulas

Economist, Per Capita research fellow and former Labor adviser

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Newman the dinosaur has some prehistoric ideas on labour market

Newman the dinosaur has some prehistoric ideas on labour market

Stephen KoukoulasDec 10, 20138 Comments

Maurice Newman, Tony Abbott's hand-picked business adviser, is misguided on Australia's labour markets, according to former Labor adviser and Per Capita research fellow Stephen Koukoulas.

Budget complaints bark up the wrong tree

Budget complaints bark up the wrong tree

Stephen KoukoulasOct 31, 20133 Comments

Any monkey with an Excel spreadsheet can deliver a budget surplus. We must measure economic performance against GDP, inflation and unemployment -- not debt, interest rates or the dollar.

The new budget emergency: raise our debt ceiling

The new budget emergency: raise our debt ceiling

Stephen KoukoulasOct 18, 20136 Comments

By looking to increase Australia’s debt ceiling by $100 billion, Joe Hockey is not pursuing the kind of budget restraint he promised during the election. It needn’t be that way.

To fight the Tea Party standoff, America needs to get fiscal

To fight the Tea Party standoff, America needs to get fiscal

Stephen KoukoulasOct 14, 20137 Comments

If its budget deficit isn't reined in, the US risks being unable to implement further stimulus when needed. Simple tax hikes are the next logical step -- but the Tea Party isn't budging.

Budget emergency? Not if you look at Hockey's new numbers

Budget emergency? Not if you look at Hockey's new numbers

Stephen KoukoulasSep 30, 201319 Comments

The recently released budget outcome reveals a different economic landscape to what Joe Hockey described. For a start, it showed the largest year-to-year fall in the budget deficit ever.

Growth turns towards the fast lane

Growth turns towards the fast lane

Stephen KoukoulasSep 24, 2013

If recent momentum in business confidence is sustained -- and it might be -- global GDP growth in 2014 could reach a pace not seen since before the global financial meltdown.

Remember, the US Fed's windback is not irreversible

Remember, the US Fed's windback is not irreversible

Stephen KoukoulasSep 16, 2013

With the first step in the Fed’s tightening process likely by the end of the week, markets can take comfort in the fact that policy will revert at the first sign of any shock.

No time for Abbott to hover with the knife

No time for Abbott to hover with the knife

Stephen KoukoulasSep 9, 201312 Comments

It’s a prudent time, economically and politically, to implement spending cuts. Moving swiftly will give the budget more freedom and help to limit interest rate rises.

Koukoulas: don't mess with Treasury forecasts

Stephen KoukoulasMay 14, 2009

It's a mug's game to quibble with the Treasury forecasts that underpin the Budget revenue and outlays estimates.

Why monetary zealots are wrong

Stephen KoukoulasApr 24, 2009

Milton Friedman is wrong again. There is such a thing as a free lunch -- it's monetary policy and here's why.