Modelling by the Australian Institute for Progress shows that homeowning Australians have a financial buffer in the equity in their house that they can safely use to tide over the short-term interruption caused by COVID-19.
Topic: Economics
Housing affordability index September, 2019
It is now 5.83% cheaper for the average Australian to repay an average housing loan than it was in 1994, but it takes the average Australian 65% longer to save the deposit.
2019 McIlwraith Lecture
Trevor St Baker examined the role of government and entrepreneurs working together, drawing on his own experience of over 60 years in the electricity sector.
Are corporations eating employees’ lunches?
Bill Shorten claims that corporate profits are rising much faster than wages. Not only is this not true, but it is an outrageous cherry-pick.
While the big birds fight, manufacturing jobs flee Australia
Manufacturing appears to be missing from this federal election, with the two major parties brawling over issues of pay and tax, but what is the use of either if you're out of a job?
Fact Bite #2
Mark Butler made 4 claims about electric vehicles, each of which was incorrect.
Beware the wounded senior
Retirement income and savings policies could be deciding factors in this coming federal election. Forty-eight per cent of the seats in parliament have a median voter age of 50 years or older.
‘Learnings’ for the lead up to Friday’s student strike for climate change
Here’s an idea for English and Philosophy teachers for this coming Friday, March 15. Why don’t you do some Socratic schooling of those of your students who haven’t joined the Student Strike for Climate Change?
Fact Bite #1 Per Capita GDP and Australian Governments
Measured by GDP per capita the Coalition is ahead of Labor since 2007, but Labor and the Coalition are tied in the longer term.
Hayne was not the commission the banking sector needed
I originally thought the Financial Services Royal Commission was unnecessary. Then I heard the evidence, and I changed my mind. Having read the recommendations of Commissioner Hayne, my first opinion might as well have been right.