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Follow Crikey’s latest coverage of the Australian Economy. Crikey’s Australian Economy coverage includes independent news, blogs and commentary.


Why is Australia so expensive — and who’s responsible?

If business wants to complain about the high cost of operating in Australia, it should demonstrate some courage and call out the culprits — other businesses and the politicians that pander to them, Bernard Keane and Glenn Dyer write.

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The five waves that could wipe out the Australian economy this year

The waves washing over the Australian economy won’t wipe us out in themselves. But the convergence of them this year could flood attempts to refloat the economy.

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OECD points to sensible fiscal policy, not ‘budget crisis’

New data from the OECD shows that Joe Hockey’s supposed “budget crisis” is a lot of hooey, write Bernard Keane and Glenn Dyer.

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The new challenges facing the RBA (and why Stevens’ legacy is at risk)

When historians look back on this period of Australian economic history, how will they judge Glenn Stevens and the RBA in the post-GFC years?

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Saville’s Shout: rational refugee policy … food for thought …

Labor MP Andrew Leigh has some sensible things to say about the immigration debate. Plus why the Western diet is killing the world.

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Transfield doesn’t deserve to be rewarded

Crikey readers talk the Transfield protest, Hockey’s underplaying our economic success and the myth of oppressive penalty rates.

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The Chinese steel trap: resources data to give Hockey headaches

What does China’s “war on steel” mean for the Australian economy? While Joe Hockey delivered rosy forecasts last week, the news out of China looks decidedly darker.

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Keane’s 2013 in review: on trust, narratives and secrets

The failure of governments to earn the trust of voters was a major theme in 2013. This will make governing difficult until — if ever — governments regain that trust.

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MYEFO: Hockey’s budget blows out

Joe Hockey has drawn a line under the Labor era and set the new government an enormous task to bring the budget back into surplus with the release of mid-year economic outlook figures.

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Bogans delight in pig-ignorance

Crikey readers talk New Zealand, News Corp and what makes a bogan.

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Stop cheering the NZ government for good economic management

Business leaders and conservative politicians are pointing to New Zealand as an example of good economic management. But former NZ government adviser Marcus Ganley says we need to look deeper.

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No, Abbott, current budget woes are not Labor’s fault

The Abbott government and its mouthpieces are quick to blame current debt levels on the irresponsibility of the Rudd-Gillard government. Are they right?

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Short-term stay? How tourism is propping up our export trade

Short-term overseas arrivals to Australian continued to pick up in September, giving cause for optimism on exports despite the dollar’s strength. Callam Pickering of Business Spectator reports.

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Budget complaints bark up the wrong tree

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.

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The new budget emergency: raise our debt ceiling

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.

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

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.

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What happened to Swan’s surplus? Now we know

The Final Budget Outcome for 2012-13 shows how Wayne Swan’s surplus commitment fell apart - and why he was right to walk away from it.

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Growth turns towards the fast lane

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.

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Magic dust of confidence and reading the RBA tea leaves

What were in the Reserve Bank tea leaves yesterday? Not great news for a new government, with worries particularly for the banking sector. Glenn Dyer and Bernard Keane report.

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Royal commission the change Australia needs

Crikey readers talk women in cabinet, the royal commission into child sex abuse and why everyone thinks the Coalition is better at managing the economy.

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Essential: Coalition voters suddenly discover a good economy

Coalition voters have suddenly changed their view of the Australian economy, courtesy of a change in government, today’s Essential Report shows.

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Crikey Calling: the Australians-don’t-understand-the-economy edition

Crikey Canberra correspondent Bernard Keane and writer-at-large Guy Rundle talk the Australian economy, the Labor leadership and Bob Katter’s drongo appeal.

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House price boom could be our biggest economic problem

While we wait for the fairies of confidence to sprinkle some magic dust on the economy, we should pay attention to house prices. Glenn Dyer and Bernard Keane report.

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Labor’s economic record: hits and (a couple of) misses

Labor is likely to leave office with a strong record of economic management — albeit with some significant errors. Bernard Keane and Glenn Dyer run the rule over six years of Labor in power.

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Sound and fury signifying not much as both sides embrace unity tickets

Despite the rhetoric of the election campaign, Labor and the Coalition are on the same page on nearly all of the issues that voters regard as important.

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Womens Agenda

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Smart Company

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StartupSmart

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Property Observer

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