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Tag archives: Australian economy

Cash-strapped Aussies buying less as wages, retailers languish

Alan Austin November 6, 2017 17 Comments

The Australian Retailers Association responded with undisguised alarm to the latest figures.

Ruthless Xi Jinping consolidates power ahead of all-important Communist Party Congress

Michael Sainsbury October 18, 2017 4 Comments

The upcoming Chinese Communist Party Congress could have serious ramifications for Australia.

Australia’s net worth in the doldrums despite global boom

Alan Austin October 17, 2017 8 Comments

Australia’s net worth tumbled in the two years Tony Abbott and Joe Hockey were PM and treasurer -- by a staggering $114.6 billion. It has collapsed by a further $76.2 billion since Turnbull took over.

The economy continues to tank under Moz, but don’t worry, it’s only hurting workers and the needy

Alan Austin September 29, 2017 8 Comments

Corporations are getting away with ever more tax evasion while assistance to the needy, children and those on welfare continues to fall. Hats off to Scott Morrison and Joe Hockey.

Chalmers: even Turnbull’s good economic news is terrible

Crikey September 28, 2017 6 Comments

Mathias Cormann and Scott Morrison are falling all over themselves to say that the economy as not as bad as they had thought it might be. But as shadow finance minister Jim Chalmers writes, that's not exactly good news.

Workers’ share of the pudding at an all-time low

Alan Austin September 22, 2017 10 Comments

What is transpiring now is quite bizarre: a sudden and apparently sustained collapse in workers’ share of wealth.

Think Scott Morrison is a good treasurer? Here are 40 reasons you are wrong

Alan Austin September 13, 2017 23 Comments

Suddenly everyone seems to have forgot to hate Scott Morrison, with his polling numbers surprisingly good. Here are 40 reasons his treasurership has been a shambles.

Australia’s construction sector is not just in decline. It’s the worst it has ever been.

Alan Austin September 1, 2017 3 Comments

Australia's construction industry has declined for three years in a row. This has never, ever happened before.

Razer: in the long run, household debt will kill us all

Helen Razer August 1, 2017 10 Comments

It’s not just Helen Razer and her Cassandra commie mates fretting. Australia is in a private debt hole from which we might not escape.

Yet another area of the economy the Abbott-Turnbull governments have mangled

Alan Austin July 20, 2017 12 Comments

Pretty much the only area of the economy that has improved under Malcolm Turnbull (and, earlier, Tony Abbott) is company profits -- but even then, only for a select few companies. And those working in construction haven't been so lucky.