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Keywords: Economy

  • ECONOMICS

    Mixed picture for Australian economy

    • David James
    • 23 July 2020
    1 Comment

    The full economic impact of the coronavirus lockdowns will not be fully felt until the end of the year, but it will be devastating. The Treasurer, Josh Frydenberg, is already estimating that the effective employment rate is 13.3 per cent; it may be headed for as high as 20 per cent. It raises a question, not just in Australia, but in many developed countries. Will there be a significant middle class left after such economic destruction?

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  • ECONOMICS

    Towards full employment

    • Bree Alexander
    • 09 July 2020
    3 Comments

    What then, does the case for full employment look like? This is not just an economic question, but too of having access to a decent wage that allows all people to live a decent life.

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  • FAITH DOING JUSTICE

    Social services, Laudato Si’ and Jack Mundey’s legacy

    • Joshua Lourensz
    • 22 May 2020
    6 Comments

    In thinking through how social services can contribute to what society or the economy needs in light of the ramifications of COVID-19, Catholicism and communism are not two traditions that probably come to the mind for most. But for the kind of thinking that governance and leaders require to make good decisions in and beyond a time of crisis, there are people and concepts from each tradition that we can learn from.

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  • ECONOMICS

    A way forward to COVID-19 economic recovery

    • Joe Zabar
    • 05 May 2020
    6 Comments

    To date, most of the Morrison government’s economic packages could best be described as ‘economic welfare’. They are measures designed to limit the impact on the economy of the COVID-19 pandemic. The recovery phase will very much need to be about stimulating the Australian economy.

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  • ECONOMICS

    Taking a closer look

    • David James
    • 29 April 2020
    6 Comments

    The COVID-19 pandemic is starting to ease, but the economic and financial fall out has just begun. It is not as if the world economy was in good shape before economic activity was slashed and entire industries were shut down. Those fault lines are only going to worsen, and the consequences might be very dark.

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  • AUSTRALIA

    Migration hardline is selling Australia short

    • Bree Alexander
    • 12 November 2019
    3 Comments

    Due to this stance, immigration is arguably not being leveraged to actually benefit the country, including its flailing economy. This is despite a government report released last year stating that immigrants increase GDP and helped avoid the 2008 financial crisis.

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  • AUSTRALIA

    Jobs key to reviving flailing economy

    • Joe Zabar
    • 18 October 2019
    3 Comments

    Treasurer Josh Frydenberg's attack on banks for failing to pass on the full rate cut to consumers is a political distraction. There are two clear signals coming out of the latest cut. First, monetary policy is not enough to spark a revival of the economy. Second, it's now all about jobs. Frydenberg and his officials would be wise to heed these signals.

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  • ECONOMICS

    NZ's riposte to modern economic myths

    • David James
    • 02 July 2019
    5 Comments

    While money can be transacted for things that are bad — air pollution, road deaths, cigarette ads — as long as more transactions occur, it creates the illusion the economy is growing, which, ipso facto, is good. Thus, Japan's GDP rose sharply after the tsunami disaster. New Zealand's initiative will track better what is really happening in the country.

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  • ENVIRONMENT

    Can we share our way out of climate mess?

    • Cristy Clark
    • 05 June 2019
    4 Comments

    These projects support a shift towards a circular economy — one that encourages us to reduce our consumption of resources and our waste by re-using, swapping, and growing our own. They also bring communities together, build resilience, and develop the kind of trust and reciprocity that is fundamental to meaningful action.

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  • ECONOMICS

    Could Labor fuel a property revolution?

    • David James
    • 07 May 2019
    5 Comments

    The Australian economy rests on a decades-long property gamble that has disenfranchised younger generations. It is why the differing policies of the two major parties at the federal election take on an unusual significance. The voters' choice will go a long way towards determining if that generational split will get better or worse.

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  • FAITH DOING JUSTICE

    Economy v environment is no zero-sum game

    • Daniel Nour
    • 15 April 2019

    We've witnessed this confluence of economic opportunity with aid and development in Indonesia, where our support of local eco-tourism has revived communities with self-sustaining employment opportunities while preserving local rainforests from being felled for wood.

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  • AUSTRALIA

    Budget 2019 boosts inequality

    • John Falzon
    • 03 April 2019
    13 Comments

    The much trumpeted projected budget surplus is built on the backs of people who are left out and often made to feel that they are left over, surplus to the economy: people on low pay or no pay, young people, sole parents, people experiencing homelessness, people living with a disability.

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