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BERNARD KEANE | ECONOMY | 2 UNLOCK?

RBA does the vision thing better than politicians or business

The Reserve Bank’s most senior officials yesterday made a more coherent case for the Australian economy than any we’ve heard from politicians recently.

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BERNARD KEANE | ECONOMY | UNLOCK?

Essential: voters souring on the economy, prefer local surrogacy

Voters aren’t happy with the overall direction of the economy, and don’t buy the government’s claim that the budget will be good for jobs.

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GILES PARKINSON | ECONOMY | 17

With friends like these, the RET never stood a chance

Those charged with “reviewing” the Renewable Energy Target were actually told to look at killing it.

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BERNARD KEANE | ECONOMY | 59

Woe is Joe: or, how the budget narrative was lost

Joe Hockey’s woes this week reflect how the government’s budget narrative barely survived budget night.

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ECONOMY | 8

In ‘high-wage, high-cost’ Australia, workers are going backwards

Australians’ real wages are falling — which is bad news for domestic demand but great news for business when coupled with productivity growth.

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BERNARD KEANE | ECONOMY | 31 UNLOCK?

Another attack on the low-paid the last thing the Coalition needs

The call for the removal of penalty rates is the wrong fight at the wrong time for the government, which is why it was shut down quick smart yesterday.

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GLENN DYER | ECONOMY | 2 UNLOCK?

ABS cuts could undermine jobs data accuracy

Budget cuts mean there’s a question mark over how accurate the new set of jobs data really is, Glenn Dyer writes.

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ECONOMY | 27 UNLOCK?

Stop whining and focus on fairness: a letter to Joe Hockey

If Joe Hockey wants to make his life a little easier, Bernard Keane and Glenn Dyer can offer some tips.

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GLENN DYER | ECONOMY | 3 UNLOCK?

Relax, the unemployment figures are not so bad

Oh no, Australia’s unemployment is at a 12-year high! But if you look more deeply into the figures, you’ll find things aren’t so dire after all …

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ECONOMY | 1

Evidence suggests an economy tracking below trend

Data this week shows the economy has slowed in the June quarter, maybe significantly, write Glenn Dyer and Bernard Keane.

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ECONOMY |

Australia must focus — or become an economic also-ran

The government must embrace globalisation and digitalisation, and demonstrate focus and courage, to address a sharp decline in competitiveness, writes The Mandarin publisher Tom Burton.

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ECONOMY | 7

Standard and Poor’s invents a poor debt standard. Let’s call their bluff!

Standard & Poor’s arbitrary warning about debt provides a great opportunity for Australia if we want to do something about the stubbornly high dollar, write Glenn Dyer and Bernard Keane.

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BERNARD KEANE | ECONOMY | 10

Business Council goes back to the ’80s for its latest warning of woe

The BCA’s latest economic vision — its second in a year — is a return to the sort of thinking discredited in the 1980s, write Bernard Keane and Glenn Dyer.

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MICHAEL SAINSBURY | ECONOMY | 1

China ‘recovery’ more a dead cat bounce

The one sector that is not seeing growth is the one most important to Australian mining: housing in China.

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GILES PARKINSON | ECONOMY | 6

Fossil fuel dinosaurs fudge the numbers to serve their interests (and save you 50c a week)

Fears about the impact of the RET on households have proved to be a furphy.

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BERNARD KEANE | ECONOMY | 19

Invented budget ‘crisis’ hides incoherence and inconsistency

The “budget crisis” created by the Senate is an invention: the government has walked away from billions in additional revenue itself.

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BERNARD KEANE | ECONOMY |

Female workplace participation thrown out with parental leave bathwater

The Productivity Commission wants a more efficient and effective childcare system, but doesn’t hold out much hope it will spur participation.

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PADDY MANNING | ECONOMY |

Hunt pins hopes on uncompetitive clean coal technology

Analysis of cost forecasts for clean coal technology suggests it is uncompetitive compared to renewables.

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ECONOMY |

Can we have financial reform when banks are too big to regulate?

The demonstration of bank power on the FOFA repeal illustrates the challenge of effectively regulating a sector that is beginning to dominate the Australian economy, write Bernard Keane and Glenn Dyer.

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BERNARD KEANE | ECONOMY |

Carbon repeal: condemning our children for cheap political points

The repeal of a functioning, low-impact carbon price is an economic attack on future generations, and they will damn us for it.

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ECONOMY |

Murray tackles ‘too big to fail’, but are we increasing the risk of failure?

The Murray financial services inquiry recognises we have an issue with “too big to fail” banks — while noting we are increasing the chances of failure through our love affair with property. Bernard Keane and Glenn Dyer write.

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SALLY WHYTE | ECONOMY |

‘I want to work’: youth unemployment on the rise

Australia’s youth unemployment has hit 13.5% and is still rising. Is the minimum wage holding Australia’s young people back — or is it the one thing they have to fall back on?

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BERNARD KEANE | ECONOMY |

Palmer’s pointless red tape hands banks a big win on FOFA

On the day the financial services inquiry is flagging the high cost of vertically integrated wealth management, Clive Palmer looks set to help the government gut consumer protections.

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BERNARD KEANE | ECONOMY |

Crunch time: welcome to a key week in this Parliament

This week is the most important week in economic and fiscal policy for years as reforms that will have major long-term benefits face the axe.

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ECONOMY |

The statistical struggle to get productivity right

The ABS is moving to revise how we understand productivity in one crucial industry, illustrating how complex this important debate really is, Glenn Dyer and Bernard Keane write.

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