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Complacency in Australian politics and business

Ross Stitt bemoans the state of Australian politics when it comes to economic development ....

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The OECD gives good tax advice but Australia won't listen

Ross Stitt says there’s something wrong with a political system that makes tax reform so difficult when moves to improve productivity, ensure fiscal sustainability, and address the ageing population are so obviously required ....

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Delta distorts another labour result; OECD policy advice

This week’s big data release was the August labour force report, where lockdowns continued to distort some of the headline data. This produced the disconcerting combination of another fall in the unemployment rate – this time to 4.5 per cent, its lowest rate since late 2008 – alongside a drop in employment of more than 146,000 people and a 3.7 per cent slump in hours worked. The explanation for this peculiar blend of outcomes was another big decline in the participation rate as the size of the Australian labour force shrank for a second consecutive month. ....

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Labour Force August 2021: Unemployment rate falls to 4.5 per cent

Labour force figures released today by the ABS show the level of employment fell by 146,300 (or 1.1 per cent) in August, in line with market. ....

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Vital Signs: we're doing well despite Delta, but 3 major economic challenges loom

Vital Signs: we're doing well despite Delta, but 3 major economic challenges loom
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