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...
COVID rates, excess deaths and the economy: how countries work out when to exit lockdown
Jun 14, 2020 12:20 pm UTC| Economy
As the UK prepares to exit lockdown, it has passed its peak for deaths due to COVID-19. In India, on the other hand, lockdown is scheduled to ease on June 8, despite the fact that the number of cases in the country...
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...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects