Economy

Created
Sun, 05/03/2023 - 04:50
Taking on autocratic powers has given the West a new-found sense of purpose, but it risks alienating emerging global players with its simplistic world view. A narrative that focuses on the clash between world orders does not resonate with countries more concerned about economic struggle and the climate crisis. National leaders and foreign policy experts Continue reading »
Created
Sun, 05/03/2023 - 04:55
What appears to be absent from the politicians and public servants appearing in the Robodebt Royal Commission is an understanding that it was a moral failure – a sin. Finding the sinners to punish in atonement might make us feel better for a moment, but it might not fix the sin. One of the recurring Continue reading »
Created
Sun, 05/03/2023 - 04:54
The Brexit saga has played itself to death with much relief all round except perhaps at Britain’s political margins. The just agreed ‘Windsor Framework’ resolving the remaining issues between the UK and the EU following Brexit provides a real opportunity to restore something of normality in the European space. A transcending factor driving this change Continue reading »
Created
Sat, 04/03/2023 - 04:56
The very modest superannuation changes have been well received by most people, but the worry is the unwillingness of the Government to acknowledge, let alone tackle, the much bigger fiscal challenges that lie ahead. On Tuesday, the Government announced what it termed a “modest change” where from 2025-26 the earnings on superannuation balances above $3 Continue reading »
Created
Thu, 02/03/2023 - 22:03

By Dean Baker / Beat the Press (CEPR) The January data on consumer expenditures released yesterday had a lot of people freaking out. The story is that the Fed is going have to get out the big guns to really shoot inflation down. For those of us hoping that inflation would come down, without a […]

The post Is Inflation Out of Control, Again? appeared first on scheerpost.com.

Created
Thu, 02/03/2023 - 04:51
As China leaves its zero-covid policy behind and reopens to the world, its policy focus has shifted to driving economic growth and re-engagement with key economies. In Australia’s case, the resumption of Ministerial dialogues, and increased diplomatic and departmental engagement, are combining to create a more positive foundation for constructive commercial activity. While the consequences Continue reading »