Scroll to top
Business /

Economy

US to take on wage stagnation, while debate here goes in circles

US economists and policymakers are sufficiently concerned about wage stagnation to investigate the impact of corporate power. Meantime, here it's a chorus of Pollyannas.

How the government won the race to throw money at the Reef

Why was there such a lack of process around the handout to the Great Barrier Reef Foundation? Take a look at the books ahead of the budget.

Image: (Mick Tsikas/AAP)

Banking parasites reveal more about our broken system than any racist speech

To see the truth about our broken political system, it's worth watching the banking royal commission, not Canberra.

Five years of Liberal wage stagnation as pay undershoots again

Wage stagnation for Australian workers continued in the June quarter, with private sector employees falling behind inflation. It's become a hallmark of this Coalition government.

Peter Harris, Productivity Commission chair. Image credit: Stefan Postles/AAP.

Big corporations wield political power in way that eludes our economic watchdog

In taking a purely economic approach to banking competition, the Productivity Commission failed to recognise the politics of big companies.

Royal commission must be extended, for super's sake

Events of the last week show why the banking royal commission needs to be extended until the superannuation sector is cleaned up.

No country for young people: Australia is run by and for boomer land-owners

There are obvious and unequal benefits that the wealthy land-owning class receive, largely through our discriminatory tax system.

Don't break up the banks. Socialise them.

If a big four bank is "too big to fail", then it is not a private entity – like, say, a restaurant is – but a social entity that happens to be in private hands.

Aussie retail sales growth hits an all-time low

This disastrous annual result is a blow to the retailers’ peak bodies, the mainstream media and the Turnbull government.

NEG advocates want surrender to denialists, not an end to the climate wars

The National Energy Guarantee in the form proposed by the government would lock in the policies of a climate denialist. The states have every right to fight back.