Dec 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.
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.
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.
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.
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.
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.
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.
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.
Stephen KoukoulasMay 14, 2009
It's a mug's game to quibble with the Treasury forecasts that underpin the Budget revenue and outlays estimates.