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Topic: Australian economy
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Bumper harvest coming but can agriculture save the Australian economy?

The drought has broken in parts of Australia, but the recovery of farming won't necessarily save us from a recession

(Image: AAP/James Gourley)

We’re a services economy, and becoming more so, whether governments like it or not

The 2020 budget reflects the old and unimaginative view that the economy is about making things, moving things and digging things up.

Assistant Governor of the Australian Reserve Bank Luci Ellis (Image: AAP/Lukas Coch)

The small but terrifying numerical gap that may doom us to austerity

If, as the government says. wages won't grow until unemployment is down to 5%, this is not the time to pull the plug on subsidies.

Treasurer Josh Frydenberg and Prime Minister Scott Morrison (Image: AAP/Mick Tsikas)

Economy seating

Good morning, early birds. Tonight's budget will reportedly include a "back-to-work" wage subsidy scheme, and Anthony Albanese has announced that a Labor government would set up an Australian Centre for Disease Control. It's the news you need to know, with Chris Woods.

(Image: AAP/James Gourley)

Feel that groceries are going up? You’re dead right — we are in for a shock

Grocery prices are on the rise for the first time in a long time. Combined with a rise in unemployment, and a decline in wages, Australians are about to get a nasty shock.

(Image: AAP/Erik Anderson)


Good morning, early birds. Dan Andrews yesterday announced a state of disaster for all of Victoria and at least six weeks of stage four restrictions for Melbourne, and new business restrictions will be announced today. It's the news you need to know, with Chris Woods

A decade on, there are valuable lessons from the Gillard years

Ten years on, the Gillard government is associated with scandal and soap opera. But its economic successes hold lessons for Australia in 2020.

(Image: Unsplash/Mauro Moro)

As Australia’s 30 years of growth come to an end, what have we learnt?

Australia is bigger, richer and less happy following three decades of growth. So where do we go from here?

(Image: Getty)

After the virus, what will drive our economy and jobs?

In a world with lower growth and less immigration, Australia's traditional sources of growth won't be able to stimulate jobs growth. What will take their place?

(Image: AAP/Julian Smith)

Unemployment set to double

New Treasury figures forecast that the unemployment rate will double from 5.1% to 10% and new cases of coronavirus dipped below 50 over the bank holiday weekend. George Pell is being investigated over new child abuse allegations and NSW will now test anyone with even mild flu-like symptoms in either at-risk areas or sites with unexplained transmissions.

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