OECD: Financial Crisis killed 25 million jobsThe OECD may have had good news for Australia’s economy, but its global analysis was less rosy, estimating 25 millions jobs have been lost in the GFC carnage.
OECD
How Kevin Rudd saved 200,000 Australian jobs
The OECD has released a glowing report for the Federal Government’s stimulus package, estimating the economy will benefit for another decade and up to 200,000 jobs have been saved from the axe.
Political snippets: OECD report card gives Australia a tick
In today’s political snippets by Richard Farmer: A possible strategy for Malcolm Turnbull. And Australia basically gets a good report card from the OECD in its first ever study of child well-being
Rudd’s essay: an economist’s take
The Prime Minister’s latest published essay prompted this detailed response from economist Steve Keen.
The Irish economy ain’t smiling
There’s a very simple, but brutal equation in world finance and business: Ireland = basket case.
Good news from the OECD, not so bright in Europe
The European Central Bank injected a note of sobering reality into the lighter tone set by the OECD overnight, writes Glenn Dyer.
Morning Market Report: FOMC Statement sends Dow tumbling
The Dow was doing well until the FOMC Statement, but it was a good day for the domestic market, up 26.
Crikey Says: OECD kick the Opposition while they’re down
It’s hard to imagine a darker week for the federal Opposition. Until the OECD weighed in.
That’s no green shoot, that’s Australia in full bloom: OECD
It’s clear that Australia will have the best performing economy among the major economies this year.
One more revelation for Malcolm Turnbull. Who’s next?
The Opposition, and Malcolm Turnbull in particular, is mired in the fake email affair and, it seems, slowly sinking.
OECD: You’ll get yours, Australia
The Australian economy will not be spared from the GFC carnage, says the OECD. The body predicts the economy will shrink 0.4%, unemployment will climb to 8% and more.
Japan sluggish, OECD gloom still to come
Japan’s exports in May fell 40.9% from May of 2008.
Business confidence back on the up and up
Business confidence is riding high thanks to a free-spending federal budget, booming growth, the stockmarket and commodity rally.
Australians complacent on economy, analysts warn
Economists warned Australia to brace for the impact of a downturn in demand for its strongly performing export sector.
OECD: Australia’s broadband is rubbish. Who knew?
The OECD’s latest broadband report confirms what we already know: Australia ain’t exactly the leader of the pack.
Budget countdown: education is kind of okay
Amidst the fury of debate over education in Australia we overlook the fact that, as with health, Australia does education well.
Crikey Says: Retail sales fall, confidence goes
Just how fragile are our tentative graspings at confidence?
SackWatch: unemployment heads to double digits
After a three week hiatus, Crikey’s SackWatch is back in full swing.
OECD: Unemployment and chaos will rock the world
Jobs, rather the lack of them, is going to be the big issue of the next couple of years, writes Glenn Dyer.
Political snippets: The Attorney General’s break with tradition
The Turnbull mistake … Talking down the rates … John Faulkner practices what he preaches
Dyer’s business wrap: Ireland a basket case … GM chief quits
Deflation is once again stalking Japan — European manufacturing has got the staggers; the UK economy is contracting nastily, but Ireland is the global basket case as its economy shrinks at rates approaching a Depression.
Manufacturing slumps, but that’s just the good news
Manufacturing is contracting in Australia, just as it is in the US, Japan, Europe and all other major economies, writes Glenn Dyer.
OECD, IMF in agreement as global slowdown starts to bite
Developing economies are already in recession says the OECD. Glenn Dyer takes a closer look.
The Economy: Economic growth to trouble RBA
Yesterday saw the release of the July Roy Morgan Consumer Confidence Rating, which showed a 4.5 point jump to a two-and-a-half year high of 126.8 - an understandable result.
