Why is the price of oil falling and what should be the response?
By Joe Montero One constant during the present crisis has been a the downwards direction global share markets are travelling. On some days they fall […]
Economy
The present crisis is pushing Australia to make a choice about which road we take from here
By Joe Montero It hasn’t sunk in yet how serious the social and economic impact from the Covbid-19 outbreak will be. But it will. There […]
What does the Reserve Bank’s lowering of the interest rate again really mean?
By Joe Montero After a great deal of speculation, the Reserve Bank of Australia cut the interest rate from 0.75 to 0.5 percent on 3 […]
Wages not rising largely because of rising casual and insecure work
By Adam Carlton Last week’s new ABS figures continue the gloomy outlook for the Australian economy, and especially for the prospects of an improvement in […]
Tax office accuses multinationals of failing to inform public about Australian operations
This article by Ben Butler (The Guardian Australia 5 Dec 2019) tells about efforts in the Australian tax Office (ATO) to clamp down on the […]
Latest news shows Australia’s economy is continuing to weaken
By Joe Montero The 0.4 growth in Australia’s Gross Domestic Product (GDP) announced in Wednesday’s (4 November 2019) report from the Reserve Banks, is a […]
The truth about American jobs and its replication here in Australia
By Joe Montero The American job creation fiction constantly presented is important for Australia for two reasons. One is that the Australian economy is significantly […]
The American economy really is in trouble
By Joe Montero The worrying rumbles threatening a storm within the American economy are getting louder, and we’d better all watch out.
The truth about unemployment in Australia must be told
By Joe Montero Just about everyone is talking about the dark economic clouds on the horizon. The numbers and politics don’t look good. The only […]
Keeping on pretending the economy is good is self-defeating
By Joe Montero Australian Bureau of Statistics (ABS) retail sales figures released on 2 August confirm that the nation is entering the worst retail trade […]