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Economy

The economics of the everyday: how consumers control the coffee market

As the costs of rent and food skyrocket, the little things like coffee and ice cream have mostly stayed the same. How long can that last?

OECD shows workplace deregulation doesn't work

A new OECD report suggests Workchoices-style industrial relations deregulation doesn't help wages growth or employment.

Turnbull gives a Gillard-style Gonski on GST

Sometimes governments face political dilemmas that only a big lump of money can fix. Julia Gillard faced one. Now Malcolm Turnbull has his own.

The team changing Australia's behaviour, one nudge at a time

The government's BETA team are working out tiny, near-invisible ways to influence our everyday decisions.

The perils of 'aspiration', Australia's new favourite buzzword

It's in the government's interest to push the narrative of an "aspirational class", but this wildly obscures what's really going on.

The real story behind the credit card debt headlines

Contrary to media reports, Australians are not being crushed under the rising burden of credit card debt, we're just using our cards differently.

Aussie household incomes take another hit despite the boom

The pattern of Australia's household income asks an interesting question: is it worse to have a financial crisis or a Coalition government?

New Zealand defies the hawks to maintain low interest rates

According to inflation hawks, Australia is alone in not lifting interest rates. It seems no one told the New Zealanders.

Correcting Scott Morrison’s falsehoods on the Australian economy

The Treasurer's press releases are packed with incorrect assertions about Australia's economic dominance, falsehoods about tax relief and deflections from the government's financial incompetence -- and that's just in the last month.

Inflation hawks having a good screech at the Fin

Life as an inflation hawk must be great -- you can constantly demand interest rate rises without ever bothering about how they would affect people in the real world.