Economy • Crikey https://www.crikey.com.au/economy/ On politics, media, business, the environment and life Tue, 10 Sep 2024 02:11:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.5 https://www.crikey.com.au/wp-content/uploads/2021/08/cropped-android-chrome-512x512-1.png?quality=70&w=32 Economy • Crikey https://www.crikey.com.au/economy/ 32 32 232040107 Why ‘pronatalist’ politicians want voters to have more babies https://www.crikey.com.au/2024/09/10/pronatalist-politicians-want-voters-have-more-babies/ https://www.crikey.com.au/2024/09/10/pronatalist-politicians-want-voters-have-more-babies/#comments Tue, 10 Sep 2024 02:05:23 +0000 https://www.crikey.com.au/?p=1174022 Republican vice presidential nominee JD Vance (Image: AP/Matt York)It's not just JD Vance, and it's not just the US. Almost 30% of countries globally now have pronatalist policies — up from 10% in the 1970s.

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Jim Chalmers’ spray at the RBA is embarrassing https://www.crikey.com.au/2024/09/05/jim-chalmers-reserve-bank-of-australia-inflation-spending/ https://www.crikey.com.au/2024/09/05/jim-chalmers-reserve-bank-of-australia-inflation-spending/#comments Wed, 04 Sep 2024 22:48:35 +0000 https://www.crikey.com.au/?p=1173409 Treasurer Jim Chalmers (Image: AAP/Lukas Coch)If only the government and the RBA could row in the same direction. But the blame for policy divergence has to rest entirely with the government.

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The weak economy is at a painful turning point, one that might finally prove to be unspinnable https://www.crikey.com.au/2024/09/03/weak-economy-spin/ https://www.crikey.com.au/2024/09/03/weak-economy-spin/#comments Tue, 03 Sep 2024 01:11:35 +0000 https://www.crikey.com.au/?p=1173008 Reserve Bank governor Michele Bullock (Image: AAP/Lukas Coch)The government's economic critics want it both ways — complaining it's not doing enough to lower inflation while also not doing enough to support growth.

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​​Keating’s vision for super is crumbling. Good https://www.crikey.com.au/2024/09/03/paul-keating-superannuation-view-crumbling/ https://www.crikey.com.au/2024/09/03/paul-keating-superannuation-view-crumbling/#comments Tue, 03 Sep 2024 00:05:14 +0000 https://www.crikey.com.au/?p=1172800 Paul Keating (Image: AAP)Keating is lauded for his role in establishing compulsory superannuation. But his reasons for resisting Labor’s current changes cast his vision for the system in a more questionable light.

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Adam Bandt’s super-profits tax proposal is bang on the money and far from being a ‘zero-sum game’   https://www.crikey.com.au/2024/09/02/adam-bandts-greens-super-profits-tax-proposal-your-say/ https://www.crikey.com.au/2024/09/02/adam-bandts-greens-super-profits-tax-proposal-your-say/#comments Mon, 02 Sep 2024 05:22:43 +0000 https://www.crikey.com.au/?p=1172894 Greens leader Adam Bandt (Image: AAP/Mick Tsikas)Crikey readers volunteered their own economic analysis of the Greens’ latest tax plans, and ask whether it’s time for more radically leftist ideas in Parliament.

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Bunnings is no longer the beating heart of the Wesfarmers whale https://www.crikey.com.au/2024/08/30/bunnings-warehouse-wesfarmers-results/ https://www.crikey.com.au/2024/08/30/bunnings-warehouse-wesfarmers-results/#comments Fri, 30 Aug 2024 00:55:21 +0000 https://www.crikey.com.au/?p=1172566 A Bunnings store in Sydney (Image: AAP/Stephen Coates)New homes are rare and that means fewer trips to hardware shops.

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Take your pick on Bandt’s super-profits tax: Revenue now, or retirement savings later https://www.crikey.com.au/2024/08/29/greens-super-profit-tax-superannuation/ https://www.crikey.com.au/2024/08/29/greens-super-profit-tax-superannuation/#comments Thu, 29 Aug 2024 02:04:55 +0000 https://www.crikey.com.au/?p=1172362 Australian Greens Leader Adam Bandt (Image: AAP/Mick Tsikas)The Greens' proposal for a super-profits tax will end up costing every Australian via their superannuation balances. Which might be worth it — but let's not pretend it won't happen.

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Chalmers gets philosophical while Dutton goes after corporations https://www.crikey.com.au/2024/08/27/peter-dutton-jim-chalmers-fourth-economy/ https://www.crikey.com.au/2024/08/27/peter-dutton-jim-chalmers-fourth-economy/#comments Tue, 27 Aug 2024 02:09:52 +0000 https://www.crikey.com.au/?p=1171925 Peter Dutton, Jim Chalmers and Anthony Albanese (Image: AAP/Lukas Coch)While the treasurer is talking about the 'fourth economy', Peter Dutton is living out the transition by attacking corporations for gouging consumers.

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Interest rate cuts coming for the US. Will Australia’s RBA finally see the light? https://www.crikey.com.au/2024/08/27/interest-rate-cuts-us-reserve-bank-australia/ https://www.crikey.com.au/2024/08/27/interest-rate-cuts-us-reserve-bank-australia/#comments Tue, 27 Aug 2024 01:43:09 +0000 https://www.crikey.com.au/?p=1171877 US Federal Reserve chairman Jerome Powell (Image: AP/Jose Luis Magana)Suddenly the inflation hawks who have previously written about how the Fed lifting rates 'puts pressure' on the RBA to do the same are nowhere to be seen.

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China’s economy is no longer booming. How will that impact Australia? https://www.crikey.com.au/2024/08/23/china-economy-australia-steel-iron-taiwan/ https://www.crikey.com.au/2024/08/23/china-economy-australia-steel-iron-taiwan/#comments Fri, 23 Aug 2024 03:31:30 +0000 https://www.crikey.com.au/?p=1171663 Construction cranes in Beijing (Image: AP/Ng Han Guan)The falling price of new homes in many Chinese cities is worth watching.

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