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Economy

RBA Assistant Governor Luci Ellis. (Image: AAP/Sam Mooy)

Has anyone got the capacity to solve poor wages growth?

The Reserve Bank knows that wages aren't growing, but doesn't know why, and doesn't know what level of unemployment is needed to get them growing.

(Image: Unsplash/freestocks.org)

The banks are bastards — and making you wealthier

Despite the fallout of the banking royal commission, the big banks have led the way in lifting the stock market in 2018-19.

As risks to global trade grow, Australia drifts into protectionism

The Productivity Commission warns Australia is continuing its drift into lazy protectionism when it should be standing up for free and rules-based international trade.

Stagnant wages, stagnant economy — when will jobs start stagnating too?

The federal election might ensure that jobs growth stays strong for another month — but eventually it will succumb to gravity.

Why the Coalition's $20b tax cuts won't save the economy

Even with Labor's incoming support, the government's plan to give tax cuts to the wealthy won't prop up a lagging economy beset by poor growth and stagnant wages.

Treasurer Josh Frydenberg (Image: AAP/Mick Tsikas)

The government engineered a faltering economy — now it's MIA

Josh Frydenberg says there are "domestic challenges" to economic growth. The main challenge is one he and his government has created, and it's smashing the economy.

RBA governor Philip Lowe (Image: AAP/Dean Lewins)

Angry neoliberals rail at economic stimulus

Neoliberals are furious the Reserve Bank wants to stimulate the economy rather than enacting a purge that will inflict pain on workers and households.

Reserve Bank looks to jolt alleged 'strong economy' with rate cut

As expected, the Reserve Bank has cut interest rates to a new record low.

Australia's lost decade beckons as productivity, investment and wages slump

Australia now has a real productivity crisis. So where's the wailing and gnashing of teeth that accompanied the fake crisis claimed to have happened under Labor?

(Image: AAP/Mick Tsikas)

What did you do in the trade war, Scott? Not bloody much

History will judge Scott Morrison and co. harshly for standing by silently while Trump savages the world's trade system.