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Topic: Economy
Economy moves into uncharted territory as markets surge, fires hit

Economy moves into uncharted territory as markets surge, fires hit

2020 was always predicted to be a risky year for Australia's economy — and that was before the bushfires hit.

Government goes from delusion to denial on economy

Government goes from delusion to denial on economy

A stagnating Australian economy reflects a serious and avoidable error by policymakers — and a political call by Scott Morrison that higher unemployment is worth it to protect a budget surplus.

The Coalition finally comes clean on stagnation

The Coalition finally comes clean on stagnation

Crikey readers respond to the government finally facing the music on the reality of stagnating wages and a failing economy, while elsewhere readers react to Westpac's apology.

Retail recession leaves workers adrift on a sea of government indifference

Retail recession leaves workers adrift on a sea of government indifference

Retail chain Harris Scarfe going into administration — the latest in a long list of shuttered retailers — illustrates the cost of the government's do-nothing economic policy.

What if wages growth never rises?

What if wages growth never rises?

Evidence from the US and New Zealand is that even at very low levels of unemployment, wages will continue to stagnate.

Is it time to start ignoring Israel Folau?

Is it time to start ignoring Israel Folau?

Crikey readers discuss the latest Folau blowup and question whether the issue is worth giving oxygen to, while elsewhere readers dissect the challenges of Josh Frydenberg.

Frydenberg’s economic strategy: you’re on your own

Frydenberg’s economic strategy: you’re on your own

The government apparently has no economic agenda beyond cheering on the housing market and passing the buck to the states.

Reserve Bank prepares the ground for deeper, longer stagnation

Reserve Bank prepares the ground for deeper, longer stagnation

The Reserve Bank is cutting its economic growth forecasts... but it still insists the economy is fine.

Our future is stagnation — and no one’s dealing with it

Our future is stagnation — and no one’s dealing with it

Australia's stagnation will continue unless governments take clear steps to address it. At the moment neither the government nor Labor are facing it.

The costs of Australia’s endless pursuit of growth

The costs of Australia’s endless pursuit of growth

Our pursuit of 'population, participation and productivity' has created a strong economy. But it doesn't necessarily create a strong society.