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ECONOMY | 5 UNLOCK?

GDP shocker will rattle government

A poor GDP outcome for the June quarter will put further pressure on a government ostensibly committed to a “jobs and growth” political recovery, Glenn Dyer and Bernard Keane write.

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ECONOMY | 10 UNLOCK?

Australia’s government debt? Look over there! Bill Shorten!

There is a debt emergency! All hands to debt panic stations! Except, as freelance journalist Alan Austin explains, Australia’s debt has risen the most under this very government.

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ECONOMY | UNLOCK?

Weaker data sets stage for low June growth

Tomorrow’s June-quarter GDP number looks likely to be weaker than expected, with business activity and the balance of payments pulling down growth, Glenn Dyer and Bernard Keane write.

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ECONOMY | 3 UNLOCK?

Investment figures offer some hope of a non-mining rebound

Ignore the gloomsters — yesterday’s capital expenditure figures showed signs of a tentative lift in the non-mining sector of the economy, and that’s good news, write Glenn Dyer and Bernard Keane.

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ECONOMY | 4 UNLOCK?

If oil prices are tumbling, why is petrol so damn expensive?

Remember when petrol was under $1 a litre? If oil prices are continuing to drop, why have does it cost so much to fill up these days? Economist and freelance journalist Jason Murphy explains.

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ECONOMY | 3 UNLOCK?

The challenge of lifting productivity when you can’t measure it

One of the key challenges of economic reform is measuring productivity properly — something we fail to do at the moment, Glenn Dyer and Bernard Keane write.

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A receding Chinese tide beaches all boats, and Australia’s getting stuck in the sand

China seemed like it had hit its straps in terms of economic management. But then it all started to come apart …

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BERNARD KEANE | ECONOMY | 10 UNLOCK?

Govt embraces Chinese workers, but not investment

While the government charges Labor with racism over the China Australia Free Trade Agreement, it is pandering to xenophobic sentiments about Chinese investment.

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ECONOMY | 2

RBA: weak wage growth is delivering what the job market needs

Industrial relations flexibility is delivering the kind of wages-employment trade-off business says it wants — but still there are demands for a return to WorkChoices, Glenn Dyer and Bernard Keane write.

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ECONOMY |

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 |

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 |

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 |

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 |

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 |

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 |

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 |

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 |

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 |

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 |

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 |

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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