More, not less, equality needed for economic growthAs Australia moves away from the GFC and focuses more on growth, our economic policies need to aim for equality. More equal incomes means a more stable economy, writes Trevor Cook.
Economic growth
Measuring global economic growth — from space!
Scientists have developed a way to estimate a region’s GDP growth by tracking satellite images of the area’s night-time lights — more more lights on means citizens have more cash to spend and consumer goods to power.
Ask the economists: we’re seriously going gangbusters
Crikey asked a varied bunch of leading economists for their views on the latest GDP figures, a rise of 0.6%.
Australia avoids recession: what the pundits say
Yesterday’s confirmation that the Australian economy had avoided a technical recession sent the Rudd government into a fit of giggles, but the commentariat was less enamoured.
Chinese growth to slow, but don’t expect global ruination
Chinese growth is being revised to under 10% next year, but it won’t spark a global or even an Australian recession, writes Glenn Dyer.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
Australian market continues to defy reality
The Australian market has shown amazing strength in recent weeks, almost belligerent to the negative economic sentiments echoing from the US.
