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


Joe’s economic story just doesn’t add up

Voters aren’t buying Joe Hockey’s economic narrative. It could be because it just doesn’t stack up.

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‘Unmitigated disaster’? We fact-check News Corp’s Whitlam haters

News Corp columnists have been tripping over themselves to slam Gough Whitlam’s economic legacy. But economist Tom Westland says in their haste they have overlooked quite a few salient details.

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Crikey Clarifier: what is the G20 and why should we care?

This year’s G20 summit in Brisbane is fast approaching, with meetings occurring throughout Australia in the lead-up to the big event. Crikey intern Toli Papadopoulos finds out what all the fuss is about.

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What crisis? How the ‘purveyors of crisis porn’ pervert our economy

There’s no economic crisis, despite what the doomsters insist. Instead, we have a series of eminently soluble problems, Bernard Keane and Glenn Dyer write.

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Fair Work outperforms WorkChoices, leaves Treasurer strangely silent

The national accounts show labour productivity has surged. The numbers, however, have received very different interpretations, and there’s been a strange silence on productivity, Bernard Keane and Glenn Dyer write.

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Why Australia’s business boffins need to stop worshipping the confidence fairy

If Australia’s esteemed economics experts are looking for a confidence problem, they shouldn’t blame risk-averse businesses. The answer is much closer to home …

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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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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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Womens Agenda

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Smart Company

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StartupSmart

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Property Observer

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