Economists back social distancing 34-9 in new Economic Society-Conversation survey

May 20, 2020 15:43 pm UTC| Economy

Australian economists overwhelmingly back social distancing measures that slow the spread of coronavirus over the alternative of easing restrictions and allowing the spread of the disease to pick up. But a significant...

The Reserve Bank thinks the recovery will look V-shaped. There are reasons to doubt it

May 09, 2020 06:37 am UTC| Economy Central Banks

The Reserve Banks long-awaited two-year forecasts for jobs, wages and growth are frightening, but I fear they are not frightening enough. The bank looks two years ahead every three months. The last set of forecasts,...

Central Banking Series

One word repeated 9 times explains why the Reserve Bank cut: it's "coronavirus"

Mar 04, 2020 00:34 am UTC| Insights & Views Central Banks Economy

Never has a virus featured so prominently in a Reserve Bank statement. Reserve Bank of Australia The word coronavirus is mentioned nine times in the governors seven-paragraph statement. His board cut the cash...

2020 survey: no lift in wage growth, no lift in economic growth and no progress on unemployment in year of low expectations

Jan 28, 2020 08:17 am UTC| Insights & Views Economy

2020 is shaping up as a dismal year for the economy, with no progress on many of the key measures that matter for Australians. Unemployment will stay above 5% and probably rise rather than fall. Economic growth will...

In fact, there's plenty we can do to make future fires less likely

Jan 08, 2020 11:56 am UTC| Insights & Views Nature

One of the dominant ideas buzzing around the internet is that theres little we can do to escape the prospect of more frequent and worse bushfires - ever. Thats because theres little we can do to slow or reverse the...

GDP update: spending dips and saving soars as we stash rather than spend our tax cuts

Dec 09, 2019 05:27 am UTC| Insights & Views Economy

Australians saved rather than spent most of the budget tax cuts, almost doubling the proportion of household income saved, leaving spending languishing. The September quarter national accounts show that in the first...

We asked 13 economists how to fix things. All back the RBA governor over the treasurer

Nov 04, 2019 11:26 am UTC| Insights & Views Central Banks Economy

Thirteen leading economists have declared their hands in the stand off between the government and the Governor of the Reserve Bank over the best way to boost the economy. All 13 back Reserve Bank Governor Philip...