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Browse: Home / Economics

Economics

BlueScope Steel, jobs and the mining boom

BlueScope Steel, jobs and the mining boom

By Mark Bahnisch on August 23, 2011

After campaigning against the Carbon Tax, BlueScope Steel is being cruelled by the lack of a proper Resources Rent Tax.

Posted in Economics, Featured, Markets, Policy, Politics | Tagged Australia, BlueScope Steel, carbon tax, Economics, export industries, manufacturing, mining boom, monetary policy, Policy, resources boom, resources rent tax, steel, trade liberalisation, unemployment | 90 Responses

Deficits, debt, etc: Bad for business, bad for the economy?

Deficits, debt, etc: Bad for business, bad for the economy?

By Kim on August 18, 2011

We learned last week that Joe Hockey plans to cut $70 billion from government spending (as he has to do to fund Tony Abbott’s Direct Action and parental leave policies, and to make up for all sorts of foregone revenue [...]

Posted in Economics, Featured, Policy, Politics | Tagged Australia, Capitalism, debt, deficit, Economics, fiscal policy, GDP, GNI, gross national income, investment, Joe Hockey, Julia Gillard, Keynes, Philip Pilkington, profit, resources boom, resources super profits tax, social democracy | 47 Responses

Power shifts East?

Power shifts East?

By Mark Bahnisch on August 7, 2011

Political and military power lags behind economic power, but the bill falls due. This could be the way the hegemon ends, not with a bang but with a Tea Party.

Posted in China, Economics, Europe, Featured, Politics, USA, War | Tagged austerity, China, Chinese Communist Party, debt ceiling crisis, Economics, equity markets, Eurozone, GFC, political economy, standard and poor's, Tea Party, US dollar, Xinhua | 41 Responses

Clean economy jobs pay better, employ more workers

Clean economy jobs pay better, employ more workers

By Mark Bahnisch on July 28, 2011

A report by the Brookings Institution has found that clean economy jobs pay low and semi-skilled workers in the US significantly better than the median. Similar research in Australia would be very valuable in informing the carbon price debate.

Posted in Climate change, Economics, Energy, Environment, Featured, Industrial Relations, USA | Tagged Brookings Institution, clean economy, Climate change, climate policy, Economics, emissions, green jobs, innovation, jobs, labour market, Paul Howes, polluting industries, research, Sizing the Clean Economy: A National and Regional Green Jobs Assessment | 27 Responses

Has Abbott done his dash?

By Kim on August 25, 2010

Tony Abbott’s response to the country independents’ request for Treasury costings of his promises [see this previous post for details, and for Julia Gillard's response] is to offer them meetings with the Coalition’s accountancy firm and his shadow ministers. Peter [...]

Posted in Economics, federal election 2010 | Tagged costings, Economics, Federal Election 2010, hung parliament, Independents, negotiations, Peter Martin, Tony Abbott, Treasury | 137 Responses

The media, ‘reform’ and the interregnum

By Mark Bahnisch on August 25, 2010

In my article for The Drum on Monday, I observed: What will be most interesting over the next few days and weeks will be whether the Australian commentary machine’s momentum finally switches – an actual event has occurred, but the [...]

Posted in Climate change, federal election 2010, Media, Policy | Tagged bernard keane, Economics, Federal Election 2010, globalisation, grand narratives, hung parliament, Media, neo-liberalism, Paul Kelly, reform | 27 Responses

CPD post: McAuley asks if Coalition economic policy is a Nauru solution

By Guest Poster on August 17, 2010

During the election campaign, LP will be cross-posting selected items from the Centre for Policy Development’s discussion of policy issues, Thinking Points. Readers may also be interested in the CPD’s collection of policy ideas and priorities for the next term, [...]

Posted in Economics, federal election 2010 | Tagged Coalition, economic policy, Economics, economists, Federal Election 2010, fiscal stimulus, GFC, Joseph Stiglitz, Thinking Points | 2 Responses

Open economists’ letter on Labor’s stimulus

By Kim on August 16, 2010

John Quiggin has published an open letter from 50 academic economists arguing that the stimulus package prevented Australia from going into recession:

Posted in Economics, federal election 2010 | Tagged ALP, Economics, economists, Federal Election 2010, GFC, John Quiggin, Joseph Stiglitz, Labor, recession, stimulus | 34 Responses

The Treasurers’ debate

By Mark Bahnisch on August 9, 2010

Today, we have Wayne Swan and Joe Hockey going head to head at the National Press Club at lunch time. I won’t be watching it, because I have a full time job and I’m at work. That’s the problem with [...]

Posted in Economics, federal election 2010 | Tagged budget, debate, economic management, economic policy, Economics, GFC, Joe Hockey, Kevin Rudd, Malcolm Turnbull, national press club, savings, stimulus, Wayne Swan | 64 Responses

CPD Post: McAuley on economic management

By Guest Poster on July 25, 2010

During the election campaign, LP will be cross-posting selected items from the Centre for Policy Development’s discussion of policy issues, Thinking Points. Readers may also be interested in the CPD’s upcoming collection of policy ideas and priorities for the next [...]

Posted in Economics, federal election 2010, Polls | Tagged CPD, economic management, Economics, Federal Election 2010, Ian McAuley, Polls, Thinking Points | 1 Response

Who are the golden geese?

By Kim on May 5, 2010

A couple of interesting pieces appeared today about the self-serving claims of the mining industry about the Resources Super Profits Tax, dutifully echoed by journos and opposition pollies, and it would now appear, Anna Bligh. Bernard Keane:

Posted in Economics, Media, Policy, Politics | Tagged abc, Anna Bligh, bernard keane, commentariat, Economics, Henry review, James Farrell, journalists, Kevin Rudd, Media, Miners, mining industry, Policy, public finance, resources, resources rent, resources super profits tax, tax, Wayne Swan | 58 Responses

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