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Created
Sun, 30/01/2022 - 18:06

Australia’s leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders pricing in two hikes in the next six months.

The 24-person forecasting panel assembled by The Conversation also predicts:

  • weaker economic growth
  • much lower housing price growth
  • next to no growth in the Australian share market
  • little or no further inroads into unemployment
  • and wage growth so weak that real wages go backwards.

Two-thirds of the forecasting panel expect the Reserve Bank to leave rates ultra low until at least the first quarter of 2023, when it will have a better read on price pressure, wages and the jobs market.

Created
Tue, 25/01/2022 - 03:04

Back when I was in advertising, one of my team’s clients was a well-known Irish Airline. They could only afford an 1/8th-page ad in the travel section of the paper. But my partners and I didn’t think creativity was dependent on budget. We were determined to deliver great ads for them—ads that would make a […]

The post Fear of getting noticed appeared first on Zeldman on Web and Interaction Design.

Created
Sun, 23/01/2022 - 20:00
The fiftieth anniversary of Bloody Sunday reminds us that history and geography mean that now, as then, the fates of the two countries are entwined

Almost 50 years ago, in the early hours of 2 February 1972, the British embassy in Dublin was gutted by fire. This was not an accident. A huge crowd had gathered in protest outside the lovely Georgian terrace in Merrion Square all through the previous day. They cheered as young men climbed across the balconies and smashed a window. They threw in some petrol and lit it. A fusillade of petrol bombs was unleashed from the crowd. People chanted the slogan they had learned from the Watts riots in Los Angeles in 1965: burn, baby, burn. The police did nothing to stop the attack.

Created
Thu, 20/01/2022 - 22:22
I’m delighted to receive some advance paperback copies of my book ‘Alexa, what is there to know about love?’. It publishes on 3rd Feb and is available to pre-order. I’ve taken a photo of it next to a plant because that’s what book bloggers sometimes do if a cup of cappuccino is unavailable. It’s available…
Created
Wed, 19/01/2022 - 09:04
by Lekha Chakraborty and Harikrishnan S. Omicron is a reminder that the COVID-19 pandemic is still not over. This ongoing health crisis should act as a trigger for greater investments in public health in India. Public spending on health by the union government is still below 1 percent of GDP, though the estimate has increased from […]
Created
Wed, 19/01/2022 - 06:51
The outbreak of COVID-19 brought back to the forefront the crucial importance of structural change and productive development for economic resilience to economic shocks. Several recent contributions have already stressed the perverse relationship that may exist between productive backwardness and the intensity of the COVID-19 socioeconomic crisis.