High demand for computers lifts S. Korea's ICT exports
Jul 15, 2020 02:56 am UTC| Economy
South Korea exported US$14.9 billion worth of ICT products in June to rebound by one percent on-year, mainly due to an 84.5 percent on-year increase in outbound shipments of computers that hit $1.27 billion. The...
S. Korea to invest 160-T won in creating 1.9-M jobs
Jul 15, 2020 02:19 am UTC| Economy
South Korea will invest 160 trillion won by 2025 in projects that will help create 1.9 million jobs under its Korean New Deal stimulus, says Finance Minister Hong Nam-ki. In a meeting of Cabinet ministers presided over...
Carbon pricing works: the largest-ever study puts it beyond doubt
Jul 14, 2020 09:35 am UTC| Insights & Views Economy
Putting a price on carbon should reduce emissions, because it makes dirty production processes more expensive than clean ones, right? Thats the economic theory. Stated baldly, its obvious, but there is perhaps a tiny...
Cutting taxes for the wealthy is the worst possible response to this economic crisis
Jul 14, 2020 09:32 am UTC| Economy
Australias response to the health and economic impacts of the COVID-19 pandemic is rightly considered one of the worlds best. At their best, our federal and state politicians have put aside the sterile games dominating...
Renovations as stimulus? Home modifications can do so much more to transform people's lives
Jul 14, 2020 08:45 am UTC| Economy Insights & Views
The stated purpose of the Morrison governments HomeBuilder program is to stimulate the economy and create construction jobs during the COVID-19 pandemic. Our research shows home improvements could do much more than just...
Yes, there are millionaires who pay no tax, but crimping deductions mightn't help
Jul 14, 2020 08:44 am UTC| Economy
For some people tax time will result in no tax paid this year, and if past years are anything to go by, about 50 of them will be millionaires. Not mere millionaires, but millionaires earning more than A$1 million per...
Homeless numbers set to rise – but lockdown shows government can solve this
Jul 14, 2020 08:38 am UTC| Economy
At the start of lockdown, there were many heartwarming stories of countless restaurants, cafes and bars that turned their attention and resources to feeding the homeless for free. There was also a considerable financial...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects