by Garry Barrett, Stephen Whelan | Nov 2, 2018 | Issue 3, Journal, Papers, Volume 17
In June 2017, Australia achieved a world record of sorts – 26 years of uninterrupted economic growth. This was achieved with a mix of good luck and good management. The resources boom, prudent fiscal management and some difficult economic decisions guided Australia...
by Stephen Bell | Nov 11, 2018 | Issue 3, Journal, Papers, Volume 17
In the last decade or more, economic growth has slowed across the Western world, although a belated though weak recovery has been under way since around 2017. In the US, for example, growth in gross output per capita averages around 1 per cent a year this century....
by Jim Stanford | Nov 2, 2018 | Issue 3, Journal, Papers, Volume 17
Reclaiming the Fair Go Scientific understanding of the consequences of inequality has grown by leaps and bounds in recent years. Thanks to the pioneering work of scholars such as Joseph Stiglitz, Kate Pickett and Richard Wilkinson, and Tony Atkinson, we know that...
by Frances Flanagan, Frank Stilwell | Nov 2, 2018 | Issue 3, Journal, Papers, Volume 17
It was a surprise to many Australians when the head of the Reserve Bank, Philip Lowe, urged workers in June 2017 to ask for a wage rise in response to what he perceived to be a ‘crisis of low pay. What was unexpected about the Governor’s remarks was not that they were...
by Christopher Sheil, Frank Stilwell | Nov 2, 2018 | Issue 3, Journal, Papers, Volume 17
The Productivity Commission has issued a new report called Rising Inequality? A Stocktake of the Evidence. However, when looking at the distribution of wealth in Australia, it turns out not to be a ‘stocktake of the evidence’ at all. Rather, it creates some new...
by Michele O’Neil | Nov 2, 2018 | Issue 3, Journal, Papers, Volume 17
I want to begin by acknowledging the traditional owners of the land we meet on today the Yuggera and Turrbal people and pay my respect to their elders past and present. I would also like to acknowledge the First Nations delegates from all over the land in the room. I...
