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ECONOMY | 6 UNLOCK?

Would the ALP’s ‘Buffett tax’ put an end to tax-rorting millionaires?

Some 55 millionaires paid no tax at all in 2012-13, and they claimed an average of $700 in benefits. Economist and freelance journalist Jason Murphy says that doesn’t necessarily mean they are rorters, but the chances are pretty good …

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ECONOMY | 1 UNLOCK?

Economic reform: two independent public servants offer a way forward

The debate about economic reform is too often about self-interest. This week, two senior independent public servants have offered a more useful take, Bernard Keane and Glenn Dyer write.

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ECONOMY | 2 UNLOCK?

Business Bites: Kiwis cut … debtors strut … Twiggy’s glut …

Think Australians are crippled by household debt? Think again. And other business tidbits of the day.

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ECONOMY | 4 UNLOCK?

Stronger CPI result suggests real wage drop

A slightly stronger CPI result won’t trouble the Reserve Bank but means workers are continuing to look at declining real wages, Glenn Dyer and Bernard Keane write.

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ECONOMY | 9

Can we really raise GST but improve the lot of the poor?

Beware the assumptions underpinning politicised economic modelling, write Richard Denniss and Cameron Amos from The Australia Institute.

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GLENN DYER | ECONOMY | 1

Would France accept Greece’s new micromanagement? Mais non!

The eurozone countries are offering Greece a bailout deal — if Greece changes the way it bakes its bread.

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ECONOMY | 5

Back to the ’90s with Treasury’s right-wing reform boilerplate

The economic reform agenda of the head of Treasury is the same right-wing stuff we’ve been hearing for decades, Glenn Dyer and Bernard Keane write.

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ECONOMY | 2

If Greece defaults, it will join an illustrious club of debt welshers (including Australia)

Most of the world’s economic powerhouses (including Australia) have been in sovereign default at one time or another, writes economist and freelance journalist Jason Murphy.

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BERNARD KEANE | ECONOMY |

Sluggish jobs data emerges from the statistical mess

Peering through the statistical mayhem, it’s clear unemployment is going nowhere fast, Glenn Dyer and Bernard Keane write.

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ECONOMY | 8

Five things everyone misunderstands about the Greek debt crisis

Greece spent profligately and did not fully commit to austerity, right? Wrong. Australia Institute chief economist Richard Denniss explains five misconceptions about the Greek debt crisis, with help from Australia Institute researcher Cameron Amos.

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BERNARD KEANE | ECONOMY | 14

Abbott’s policy paralysis leaves an economy increasingly at risk

Across a number of key economic areas, the government appears unable or unwilling to undertake reform, even when there is strong agreement it is needed.

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ECONOMY | 4

It’s the end of the euro as we know it (and I feel fine)

If the wise heads who developed the euro had lived through the GFC and its aftermath, they would not have so discounted the importance of unique monetary policy for each unique economy within Europe, writes economist and journalist Jason Murphy.

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ECONOMY | 7

Grexit, staged by the left: why Greece voted ‘no’

Greece votes “Oxi” to a bailout. So where to now? Freelance journalist based in Athens Karl Mathiesen reports.

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ECONOMY |

The agreement that gives banks carte blanche on financial services

Despite the unanimity that banking regulation needs to be improved, the government is involved in secret negotiations that would halt further financial regulation, Bernard Keane and Glenn Dyer report.

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ECONOMY |

Greece should just use bitcoin. Actually, bitcoin can run the country

Greeks face a choice: stay in the euro or return to the drachma. But RMIT economics professor Jason Potts says there is a third option: bitcoin.

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ECONOMY |

Default schmefault: the Greeks bear no gifts, and that’s just fine

There’s nothing all that remarkable about Greece’s current position, writes freelance journalist and economist Jason Murphy.

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ECONOMY |

Business bites: Greece extends … Mirvac’s ends … pricing trends …

The Greek drama that keeps on playing. And other business tidbits of the day.

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BERNARD KEANE | ECONOMY |

Productivity Commission savages TPP and ‘free’ trade deals

The Productivity Commission has launched an extraordinary attack on the centrepiece of the government’s economic agenda, and supported widespread concerns about the Trans-Pacific Partnership.

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ECONOMY |

Business bites: grocery malaise … waning gun craze … our reno phase …

Metcash’s grocery business dips, but its hardware chain goes strong. And other business tidbits of the day.

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MICHAEL SAINSBURY | ECONOMY |

Orient express: is a big Aussie company greasing palms to get ahead in Asia?

There are significant business opportunities in south-east Asia — but allegations of bribery against one Australian company are muddying the waters for everyone.

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ECONOMY |

Is Australia in a housing bubble?

Joe Hockey and Tony Abbott are pretty pleased that property prices are so high right now. But are we in for a crash? Freelance journalist Andrei Ghoukassian runs the numbers.

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GLENN DYER | ECONOMY |

Why you should be worried about fishy WA unemployment numbers

The ABS has admitted there is a flaw with the way its jobs numbers are compiled, and the numbers might not mean what you think they mean.

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BERNARD KEANE | ECONOMY |

Reserve Bank takes aim at the ‘infrastructure PM’

Glenn Stevens has made it clear to the government and all politicians that they must get infrastructure investment right.

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ECONOMY |

Hang on a sec, Joe: GDP numbers not as terrific as you think

The Treasurer has trumpeted yesterday’s GDP figures as a “terrific” sign for the Australian economy. But freelance journalist Alan Austin says he has missed some crucial comparisons.

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ECONOMY |

Strong GDP result dispels the gloom

A stronger than expected GDP result shows the economy shaking off some of the gloom of recent months, Bernard Keane and Glenn Dyer write.

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