How the worm – and the world – turns. When the Abbott government came to power just four years ago, it claimed its arrival signalled the “end of the age of entitlement”. 113 more words
Tags » Australian Economy
August 2017 has been atrocious for the wellbeing of most Australians. Treasurer Scott Morrison and his cabinet colleagues must be jubilant that other calamities are drowning out mainstream media reports on the failing economy. 12 more words
Surveys show most people say they need a little bit more than their getting for a comfortable life. Trouble is, they say that no matter how much their income rises. 16 more words
So, the Australian Bureau of Statistics told us this week, the rate of unemployment fell a click to 5.6 per cent in July. Trouble is, most people know the official unemployment rate understates the extent of the problem. 13 more words
Inequality is rising but we can learn from an earlier, more egalitarian Australia and reclaim the “fair go”.
Under current government policy we are penalising the sector of the economy where there is the largest proportion of existing employment and the best prospects for future growth. 14 more words