What the Nobel Prize tells us about the state of economics

Oct 08, 2017 10:03 am UTC| Insights & Views Economy

While we dont yet know who will win this years Nobel Prize for economics, taking a look at the top contenders gives great insight into where the field of economics is and where it is heading. The big takeaway is a clear...

Research shows the banks will pass the bank levy on to customers

May 19, 2017 04:26 am UTC| Insights & Views Economy

Studies of European countries show that bank taxes similar to the 0.06% bank levy introduced by the government in the 2017 federal budget will be largely borne by customers, not shareholders. The levy could also make...

Highlighting 'good and bad' debt will make it harder to fund social programs

May 05, 2017 02:00 am UTC| Insights & Views Economy

In the forthcoming budget, the net operating balance will be reported alongside the underlying cash balance. This change has important policy implications because it creates a strong bias towards public spending on...

FactCheck: do 679 of Australia's biggest corporations pay 'not one cent' of tax?

Apr 11, 2017 04:36 am UTC| Insights & Views Economy Law

… 679 of our biggest corporations pay not one cent of tax. Australian Council of Trade Unions (ACTU) Secretary Sally McManus, address to the National Press Club, Canberra, March 29, 2017. Speaking at the...

What are the facts on jobs and growth in Australia?

Dec 19, 2016 05:46 am UTC| Insights & Views Economy

There have been a lot of jobs created this year. The economy is actually not going too badly in comparison particularly to other OECD countries, we have the highest growth rate in the G7 so we are getting some things right...

The 'no' vote in Italy's referendum triggers economic and political uncertainty

Dec 05, 2016 23:58 pm UTC| Insights & Views Economy Politics

Italian voters have rejected plans for constitutional reform supported by the government of Prime Minister Matteo Renzi. This result means more political and economic uncertainty for the time being. The aim of the...

What sort of Reserve Bank governor will Philip Lowe be?

Jun 20, 2016 06:20 am UTC| Insights & Views Central Banks

Glenn Stevens ten year stewardship of the Reserve Bank of Australia has been characterised by remarkable challenges. Yet, if the Australian economy has shown considerable resilience over this troubled decade, particularly...