Australian Economy

There is growing concern that Australia’s tax and transfer system disproportionately benefits older, wealthier retirees while placing a rising burden on younger workers—a tension now central to Treasurer Jim Chalmers’ pre‑budget messaging.

The Australian’s Judith Sloan has written a compelling article calling on Australia to remove barriers to fossil fuel development.

It’s no surprise that Australia is most exposed in the OECD thanks to Albo’s toxic combination of high household debt, fuel import dependence and low fuel inventories.

I wrote on Tuesday about how last week’s temporary halving of the fuel excise was incredibly popular among Australian voters.

Given the collapse in consumer confidence, it is unsurprising to see supply-side real-time data beginning to fall.

After an Easter weekend of madness (literally), there is little hope of the Strait of Hormuz reopening to material hydrocarbon volumes for another month.

For most Australian businesses, expense management has historically meant a combination of spreadsheets, email approvals, and end-of-month receipt chasing.

Macquarie University’s vice chancellor and former Treasury secretary Martin Parkinson will reportedly use a National Press Club speech to call for economic reform to avert stagflation.

Wage theft continues to run rampant across Australia: A nationwide audit has uncovered more than $300,000 in wages owed to migrant workers in regional hospitality venues, as experts warn underpayment and exploitation remains a “pervasive” issue across Australia.

The evidence is rapidly accumulating that the Australian economy is entering depressflation.

Australian consumer sentiment is imploding, with the ANZ-Roy Morgan weekly consumer confidence report plunging to a fresh 53-year low.

There is nothing new here, but the MB outlook is again creeping into respectable commentary, this time from Morgan Stanley.

A new report from Sustainable Population Australia (SPA) argues that the nation’s skilled occupation list is fundamentally broken—packed with hundreds of roles that are not genuine shortages—resulting in migrants being brought in for jobs that either don’t exist, don’t require qualifications, or are already oversupplied with Australian workers.

More soft data showing the leading edge of Albo’s fuel shock.

Australia is facing a growing diesel supply crisis, as the American Madman is to use ground troops for god only knows in the Persian Gulf.

The real divide isn’t remote versus office, but whether employees have any genuine say in how they work.

According to Macquarie Bank: Oil may hit a record $200 a barrel if the Iran war drags on till June, with the Strait of Hormuz staying shut, Macquarie Group Ltd.

The non-market sector, which comprises primarily government-funded jobs in the public service, healthcare, social assistance, and education industries, has accounted for 67% of the growth in filled jobs since the first quarter of 2023.

Australia consistently ranks among the highest in the world for household wealth.

For many Australians, their first introduction to economics comes in high school, often in a Business Studies class, where they learn the basics of commerce, such as supply and demand.

A new Senate inquiry, led by Senator Fatima Payman, is investigating why many Australian university graduates are struggling to find work despite completing degrees.