Economy Archives - Page 10 of 16

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Why is the price of oil falling and what should be the response?

23 April 2020 Editor 0

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 more sharply than at others. The current plunge has been […]

The present crisis is pushing Australia to make a choice about which road we take from here

5 April 2020 Editor 0

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 is no way to escape it. A concerted effort to […]

What does the Reserve Bank’s lowering of the interest rate again really mean?

17 March 2020 Editor 0

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 March. The move has its fans and critics. The truth […]

Wages not rising largely because of rising casual and insecure work

3 March 2020 Editor 0

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 jobs and wages.

Tax office accuses multinationals of failing to inform public about Australian operations

21 December 2019 Editor 0

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 serious problem of multinational tax evasion failing to properly inform […]

Latest news shows Australia’s economy is continuing to weaken

21 December 2019 Editor 0

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 miserable performance whichever way you look at it.

The truth about American jobs and its replication here in Australia

21 December 2019 Editor 0

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 integrated into the American one, and what goes on there […]

The American economy really is in trouble

17 October 2019 Editor 0

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

19 September 2019 Editor 0

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 certainty is that both the global and Australian economies are […]

Keeping on pretending the economy is good is self-defeating

16 August 2019 Editor 0

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 period ever recorded. In a nutshell, the Australian the economy […]

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Economy

Why is the price of oil falling and what should be the response?

The present crisis is pushing Australia to make a choice about which road we take from here

What does the Reserve Bank’s lowering of the interest rate again really mean?

Wages not rising largely because of rising casual and insecure work

Tax office accuses multinationals of failing to inform public about Australian operations

Latest news shows Australia’s economy is continuing to weaken

The truth about American jobs and its replication here in Australia

The American economy really is in trouble

The truth about unemployment in Australia must be told

Keeping on pretending the economy is good is self-defeating