Oil in Global Economy Series

Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will mean for interest rates

Oct 25, 2023 14:27 pm UTC| Economy

Todays figures from the Australian Bureau of Statistics show inflation fell in the September quarter for the third consecutive quarter. But petrol prices kept it uncomfortably high. After reaching a 30-year high of...

As treasurer, Bill Hayden set Labor on the path to economic rationalism

Oct 24, 2023 09:21 am UTC| Economy Central Banks

Former Labor leader and governor-general Bill Hayden, whose death was announced on Saturday, is rightly being remembered for introducing Australias first universal healthcare scheme Medibank, which lives on today as...

Central Banking Series

Inflation: raising interest rates was never the right medicine

Oct 23, 2023 08:19 am UTC| Economy Central Banks

Inflation remains too high in the UK. The annual rate of consumer price inflation to September was 6.7%, the same as a month earlier. This is well below the 11.1% peak reached in October 2022, but the failure of inflation...

Oil in Global Economy Series

How secrecy and regulatory capture drove Alberta’s oil and gas liability crisis

Oct 23, 2023 08:14 am UTC| Business Economy

A hustle in the oil patch, a dirty legacy: These are just a couple of the ways that the escalating costs of abandoning and reclaiming non-producing oil wells in Canada have been described. In a new paper, we look back...

Global Geopolitics Series

How the Israel-Hamas war could affect the world economy and worsen global trade tensions

Oct 20, 2023 13:11 pm UTC| Economy

Global geopolitical tensions often play a pivotal role in shaping peoples perceptions of economic growth. Research shows concern about such issues can cause people and businesses to become more cautious about spending and...

현금 없는 사회로의 전환은 단지 가능성이 아니라 이미 진행중

Oct 19, 2023 04:39 am UTC| Economy Technology

마지막으로 현금을 사용한 게 언제였나요? 많은 호주인들에게 현금을 사용하거나 심지어 카드를 긁는 것도 드문 일이 되었습니다. 현금 없는 사회를 향한 움직임은 50년 전 은행카드의 도입으로 시작되었으며 기술 발전에 힘입어...

South Africa's 2022 census: has Johannesburg stopped growing, or are the numbers wrong?

Oct 17, 2023 15:30 pm UTC| Economy

South Africas census is a vital source of information for policy making, planning and research, and so the Census 2022 findings released last week were eagerly awaited. It offers many insights on everything from marriage...