Over the past year, the number of people unemployed has increased by just over 100,000; over the past two years, the number has increased by 166,500.
The Abbott Government’s proposal for a work for the dole scheme is yet another win for economic zealotry over proven policy reform.
The recent sharp rise in the South Australian unemployment rate to 7.4 percent has set alarm bells ringing. Fears that unemployment will continue to rise are well founded.
The Australian economy is entering its 24th year without a recession, as we move into the second half of 2014.
The rhetoric and the reality.
It is rare in Australia to see falls in real wages but in the last six months the annual rate of inflation has been higher than the rate at which…
With the Federal Budget now behind us, the end of the financial year is fast approaching and that means it’s time to get your tax affairs in order.
Get set for a change in rhetoric from Prime Minister Tony Abbott and his government on the performance of the economy.
When we put money into our bank accounts and our superannuation funds, we think we’re acting responsibly – saving that money for a rainy day or for our retirement.
The RBA may need to deal with the ongoing rise in house prices through policy change, shifting the imbalance in the economy away from housing towards a different sector.
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