Businesses get extension for instant asset write-off
Jun 14, 2020 12:18 pm UTC| Business Economy
In its latest move to spur business investment, the government will extend its $150,000 instant assets write-off until the end of the year. The six-months extension, which will be legislated, will cost $300 million in...
How and why companies lay off employees affects future success
Jun 14, 2020 12:16 pm UTC| Economy
Employers have engaged in temporary layoffs in reaction to the economic uncertainty theyve faced during the COVID-19 pandemic. A recent poll of 114 human resources and business professionals conducted by the Guelph...
Paying for coronavirus will have to be like war debt – spread over generations
Jun 14, 2020 12:05 pm UTC| Economy
The macroeconomic shock to the world economy from the COVID-19 pandemic is arguably unprecedented in modern times. The financial response by governments of the major economies has been substantial. The Center for...
S. Korea Urged to Ease Reliance on Trade with US, China, and Japan
Jun 13, 2020 20:15 pm UTC| Economy
An economic policy body urged South Korea to ease its reliance on major partners due to uncertainties brought by the trade between the US and China and export restrictions from Japan. The US and China accounted for...
Putting stimulus spending to the test: 4 ways a smart government can create jobs and cut emissions
Jun 13, 2020 11:04 am UTC| Economy
The COVID-19 recession is coming, and federal and state governments are expected to spend more money to stimulate economic growth. Done well, this can make Australias economy more productive, improve quality of life and...
Why 'the marketplace for ideas' can fail – from an economist's perspective
Jun 13, 2020 11:02 am UTC| Insights & Views Economy
There is no shortage of repugnant and dangerous ideas in the world. An age old question is whether free speech will see good ideas win out over bad. The proposition that good ideas eventually triumph in the marketplace...
Why stocks are soaring even as coronavirus cases surge
Jun 13, 2020 10:12 am UTC| Economy Investing
The number of new COVID-19 cases in the U.S. is still climbing rapidly, over 20 million Americans remain unemployed, dozens of major companies have reportedly filed for bankruptcy, the country is officially in a recession...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects