You can't fix the economy if you can't see it: how the ABS became our secret weapon

Mar 09, 2021 05:32 am UTC| Insights & Views Economy

If we survive this economic crisis (and it is looking increasingly like we will, although the end of JobKeeper at the end of the month will be a setback) it will in large measure be because this time weve had real-time...

A little ray of sunshine as 2021 economic survey points to brighter times ahead

Feb 02, 2021 13:58 pm UTC| Economy

Suddenly, economic forecasters are optimistic. Six months ago the forecasting team assembled by The Conversation was expecting Australias recession to continue into 2021, sending the economy backwards a further 4.6%...

Negative Rates Series

Sure, interest rates are negative, but so are some prices, and when you look around, they're everywhere

Dec 30, 2020 00:14 am UTC| Economy Investing

On December 10, it finally happened. Instead of demanding an interest payment from the government in return for lending it money, a group of investors offered to pay the government in order to lend it money. Naturally...

It isn't right to say we are out of recession, as these six graphs demonstrate

Dec 06, 2020 10:02 am UTC| Economy

Itd be wrong to say that we are out of recession, although thats how the graph of Wednesdays GDP numbers makes it look. Gross domestic product (the measure of everything produced and earned and spent) fell 7% between...

The Australian government has just sold $15 billion of 31-year bonds. But what actually is a bond?

Aug 01, 2020 15:11 pm UTC| Economy

There are the Boxing Day sales, and there was this weeks rush of extremely cashed-up investors desperate to get a slice of this weeks rare 31-year government bond auction. Whats a bond? Whats a bond auction? Well get to...

Economists back wage freeze 21-19 in new Economic Society-Conversation survey

Jun 14, 2020 12:21 pm UTC| Economy

Australian economists narrowly back a wage freeze in the minimum wage case now before the Fair Work Commission, a freeze that could flow through to millions of Australians on awards and affect the wages of millions more...

How a tightening of wallets pushed Australia into recession

Jun 03, 2020 14:46 pm UTC| Economy

A go-slow on spending sent the economy backwards 0.3% in the first three months of this year, only the fourth such decline since Australia was last in recession in the early 1990s. Treasurer Josh Frydenberg says...