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Don't expect a swift economic recovery this time around

Don't expect a swift economic recovery this time around
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

Judith Sloan , Nucleus Wealth , ஜூடித் ஸ்லோன் , கரு செல்வம் ,

Put the creepy dog whistle away, Greg Jericho


MacroBusiness
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Greg Jericho, doyen of the fake left, has today joined the immigration debate with gusto:
It is regrettably far too easy in Australia to blame migrants. From societal to educational to economic woes – migrants are the easy target.
Last week the head of the Reserve Bank suggested migration could have caused lower wages growth. It was an unfortunate statement that goes against evidence and ignores the many other factors at play.
Blaming migrants for our economic woes is not new.
Neither is conflating criticism of a broken migration system with “migrants” when the two are very clearly different things. Not one of the debaters and analysts engaged on this issue has “blamed migrants”, least of all the RBA. Nor has anyone ever suggested that a broken visa system is the only factor suppressing wages. For instance, amid the tsunami of output from the RBA that has endeavoured to understand an unprecedented decad ....

Ian Verrender , Ross Gittins , Stephen Anthony , Judith Sloan , Stephen Koukoulas , Gareth Hutchens , Bill Mitchell , Bernie Fraser , John Hewson , Zealand Jacinda Ardern , Tony Abbott , Saul Eslake , Julia Gillard , Manchester Guardian , Bob Hawke , Bernard Keane , Adele Ferguson , Greg Jericho , Ross Garnaut , Brian Redican , Centre Of Full Employment , Governor Of The Reserve Bank , Mckell Institute , Australian Industry Group , Treasury Corporation , Australian Productivity Commission Professor Garry Banks ,

Car parks rorts symptom of a wider problem


MacroBusiness
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at 12:30 pm on July 7, 2021 | 5 comments
The Grattan Institute believes that the Morrison Government’s ‘car park rorts’ scandal is a symptom of a wider problem: that infrastructure projects tend to be rushed through without proper planning or scrutiny:
 
“Australia’s state and federal governments have developed a costly habit of rushing major transport projects to market… invariably the taxpayer is left to pick up the tab”.
“The pork barrelling and cost blowouts on suburban train station carparks are only the latest example”.
“Rushing to market means risks are not identified or mitigated, and problems are not fixed”. ....

New South Wales , Australian Capital Territory , Judith Sloan , Grattan Institute , Congestion Fund , Morrison Government , Urban Congestion Fund , Intergenerational Report , புதியது தெற்கு வேல்ஸ் , ஆஸ்திரேலிய மூலதனம் பிரதேசம் , ஜூடித் ஸ்லோன் , க்ர்யாடெந் நிறுவனம் , மோரிசன் அரசு , இடைநிலை அறிக்கை ,