Topic archives: Australian economy

Has Morrison ‘turned the debt ship around’?

December 18, 2017 4

Australia's debt outlook is showing improvement. But Morrison’s claim this is evidence of “turning the debt ship around’’ might be regarded as premature.

Cash-strapped Aussies buying less as wages, retailers languish

November 6, 2017 17

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

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

October 18, 2017 4

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

Australia’s net worth in the doldrums despite global boom

October 17, 2017 8

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

September 29, 2017 8

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

September 28, 2017 6

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

September 22, 2017 10

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

September 13, 2017 24

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.

September 1, 2017 3

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

August 1, 2017 10

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.