Economy

Created
Wed, 10/07/2024 - 04:51
Moves by other countries to impose higher tariffs on Chinese electric vehicles could benefit Australians shopping for a new car. Australian car buyers could be the beneficiaries of new tariffs the European Union has slapped on imported electric vehicles from China. The taxes of up to 37.6 percent which provisionally come into effect on July Continue reading »
Created
Wed, 10/07/2024 - 04:54
The most pressing problem we face is climate change. It’s even more important than – dare I say it – getting inflation down to 2 per cent by last Friday. But we mustn’t forget that climate change is just the most glaring symptom of the ultimate threat to human existence: our continuing destruction of the Continue reading »
Created
Tue, 09/07/2024 - 04:52
The housing crisis will not be solved for those who are suffering the most by the mish mash of half hearted, small steps, and policy responses currently favoured by governments. They lack the courage to commit to direct government intervention on a sufficient scale in the failed housing market in the form of publicly funded, Continue reading »
Created
Mon, 08/07/2024 - 04:58
The Australia Institute has recently argued for the introduction of a system for measuring the extent of poverty in Australia, pointing out that the government’s recently established wellbeing measurement framework, Measuring What Matters, does not measure the number of Australians living in poverty. Greg Jericho and the other researchers at the Institute have argued that Continue reading »
Created
Wed, 03/07/2024 - 04:53
On 1 July, an important change in the industrial relations landscape came into force. Industrial awards (‘modern awards’, as they’re now called), that set minimum standards in workplaces, will include guarantees of rights for workplace union delegates. All new enterprise agreements must also include such provisions. This is a result of the first part of Continue reading »
Created
Wed, 03/07/2024 - 04:52
The Australian All-Ords index rose 8.3% during the financial year ending last Sunday. But Australia’s economy has had a dismal time with real GDP per capita contracting in each of the five quarters to March 2024. With annual CPI inflation rebounding after earlier falls, the market now expects the RBA to further dampen consumer spending Continue reading »
Created
Sun, 30/06/2024 - 04:50
We take nature and biodiversity for granted. Nonhuman life is like a backdrop — we don’t pay much attention to it. This is a mistake. Nature provides all our needs and wants. It provides resources, services, and economic, mental, and physical benefits vital for human survival. Protecting the natural world is an investment in our Continue reading »
Created
Sat, 29/06/2024 - 04:55
Mike Pezzullo once bestrode the federal public service like a colossus, or so some fancied. He may have thought so too. Sundry journos we’re in the habit of describing him as the most powerful public servant in the land; he never was. Whatever he was, Mike fell to earth last year when he was sacked Continue reading »