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Economy

Frydenberg spruiks jobs numbers while ignoring female underemployment

The government can shout about strong jobs growth, but it completely ignores that underemployment among women has remained high for decades.

Wayne Swan, 2008. (Image credit: AAP Image/Alan Porritt)

The road not taken: reflections on the global financial crisis

History will conclude that the critics of Labor’s GFC response 10 years ago were hopelessly wrong. By avoiding a sudden, deep recession, Australia also avoided testing out what its effect may have been on our democratic system.

Hayne will become our most important banking inquiry since the 1970s

Kenneth Hayne and his royal commission will likely reshape financial services for decades to come.

A (possibly bananas) idea for how to stop governments from robbing the future

Let’s indulge in a flight of imagination for a moment. Could we change the fundamental shape of government so climate change et al are not ignored?

Labor's grubby TPP backflip confirms voters are right to be cynical

The Labor Party's support for the Trans Pacific Partnership in the face of overwhelming evidence and its own policy confirms that voters are right to be disgusted with the cynicism of the major parties.

When it comes to the economy, Turnbull bested Abbott by a large margin

Turnbull presided over booming employment and a lift in economic growth, but failure to act on wage stagnation will leave a tarnished legacy.

Reserve Bank Governor Philip Lowe

GDP numbers show the Reserve Bank is right to ignore interest rate idiocy

Australians are digging deeper and deeper into their savings to fund a modest rate of economic growth. This is no "boom".

Don't mention the wage: Gaetjens underwhelms with first outing as Treasury Secretary

In his first speech, the new Treasury Secretary has completely ignored the biggest policy and political challenge the government faces: wage stagnation.

Even spruikers can't find benefits in jury-rigged TPP

A new report from business groups urging the adoption of a bastardised TPP admits the economic benefits will be trivial. That hasn't stopped lobbyists hyping the results.

Liberal National Party Senator Matt Canavan

Canavan unleashes flood of hate on avo-munching, anti-dam hipsters

A report touting the benefits of building dams in Northern Australia says anything but, despite the efforts of Matt Canavan to spin it.