Australian Economy

Get set for a “growth mindset”.

Back in October 2009, then Prime Minister Kevin Rudd publicly came out in favour of a ‘Big Australia’ following the release of what was then the latest Intergenerational Report.

At the recent federal election, the Albanese government was reelected with by far the best result for a first-term government in the nation’s post-World War 2 history.

Since the international borders reopened following the pandemic, a sizable proportion of Australia’s growth has stemmed from two sources: exports and government spending.

I don’t think gender is relevant to stupidity, but The Australian does.

When the Reserve Bank Governor Philip Lowe first began raising interest rates in May 2022, the question in the minds of many commentators and economists was, when will they be cut again?

With the release of the latest national accounts data, it was revealed that Australia’s GDP in per capita terms is once again contracting.

Nice pop in the NAB survey yesterday.

Morgan Stanley with the note.

When it comes to economic statistics, few are as hotly contested as government employment data.

In recent years, the hard reality of the economic, social and fiscal situation of Britain have gradually come to the forefront.

In the debate surrounding the future of Australia’s economy and what it will look like, the issue of the resources sector is often one of the most hotly debated elements.

In the history of the U.S economy, every now and then there is a major shift in the balance of forces impacting the path of both growth and economic policy.

Just imagine.

With the release of the latest labour account figures, it was revealed that the total number of filled jobs in the economy contracted for the first time since the March quarter of 2021.

Victoria disease is the economic malady brought on by the immigration-led labour market expansion economic model run flat out by Labor governments.

Albo has no idea about productivity, and not much else.

The St Louis Fed recently did an interesting AI survey that suggested the benefits of AI are large in certain areas but far from uniform.

Gone through 2026. The ABS. The seasonally adjusted balance on goods decreased $2,621m in May. Goods credits (exports) decreased $1,168m (2.7%) driven by Non-rural goods. Goods debits (imports) increased $1,453m (3.8%) driven by Capital goods.

In the nation’s collective consciousness, there is the narrative that there is a city experiencing a nation-beating exodus, where outflows of its residents are on the road to being biblical in their scale.

As the cost of living crisis continues to bite for millions of Australian households across the country, the experience for other households could scarcely be more different.

At the recent World Economic Forum’s (WEF) annual meeting at Tianjin, China, Chinese Premier Li Qiang pledged that China will become a “consumption powerhouse” capable of fuelling domestic and global growth.

Via the ABS today.

As we know, VIC is the worst-run state in Australia.