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Economy

Where were the banks' shareholders? Too busy chasing short-term profit.

Poor remuneration practices and incentives played as big a role outside our banks as within them.

Treasurer Josh Frydenberg (Image: AAP Image/Joel Carrett)

Competition policy is the new, and weird, front line of neoliberalism

With widespread agreement that corporations have grown too powerful, is divestment the best way to curb that power? It's a debate many others are having outside Australia.

Time to bust some myths about the 'property crash'

Contrary to the clickbait peddlers, there's no property crash. If anything, our financial sector, and the surrounding economy, have become more resilient in recent years.

Scott Morrison speaks to journalists at the 2018 ASEAN Summit in Singapore (Image: AAP/Mick Tsikas)

Confused, contradictory, incompetent: Morrison and Co just aren't up to it

The Morrison government is stuffing up everything it touches, domestically and diplomatically.

Scott Morrison chats to a worker as he visits the Beefy's Pies factory. Image credit: Dan Peled/AAP

Australia's great wage stagnation continues

Another quarter, and more bad news for Australia's private sector workers with wage stagnation continuing.

Australia’s wealth has shifted towards the rich. Again.

A new global wealth report has confirmed that Australian money is once again going to the wealthy, as our world ranking and GDP per adult continue to tumble.

The AFR's neoliberal remake of The Usual Suspects

Once again, a tiny pack of interest-rate hawks at the Australian Financial Review are demanding the economy be crunched in the name of neoliberal orthodoxy.

Why Trump is to blame for our emotional rollercoaster at the petrol pump

High petrol prices are the last thing Australia needs from an economic perspective. Unfortunately we're suffering huge swings due to international meddling.

In an alternative universe, Turnbull could be poised for victory

With continuing jobs growth and a commodity price boom, a Turnbull government would have been well-placed to go to the polls and win an unlikely victory.

Debunked: claims of a new 'credit squeeze without precedent'

The Australian's Robert Gottliebsen would have you believe that we're facing a credit squeeze unlike any we've ever seen. Except that we're not, and we've seen plenty before.