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Greg JerichoThe Guardian |
The need for emissions cuts is urgent – the longer we wait, the more of our carbon budget we use
Low inflation reflects sluggish demand in the economy, and the bushfires have already created a hit on consumer confidence
If Scotty from Marketing and his coal-fired peers really believed in the climate crisis, they’d be doing something about it
The budget surplus may remain, but the economy continues to struggle. The fires will have done nothing to improve that
With its old ideology being treated with universal scorn, a new line is being embraced – and it could signal the death of the planet
We shall continue to call out the lies, and we will keep fighting for better wages and for action on climate change
While sometimes averages can hide periods of strength and weakness, the past decade has seen nothing that can be called strong
Households are doing it tough, but the only thing not downgraded in this Myefo is the government’s slavish devotion to the ‘S’ word
Any political party that really wants to take action needs to be honest with the public: it won’t be pleasant and it will be costly
The reality of weak household income growth is reflected in the overall weak house price growth
Of course we need to think about those who will be affected by mine closures, but cripes, we’re all affected by climate change
Frydenberg’s vaunted surplus is a purely political objective – and not something a good economic manager would focus on
Government spending is contributing more than households. That generally happens only during recessions
Despite the government’s incessant upbeat predictions, the overall figures are not very healthy at all
Mostly what Scott Morrison has adopted from Trump is the arrogance and utter refusal to concede error even in the face of overwhelming evidence
There is plenty of data to support Reserve Bank hints that interest rate cuts aren’t enough to get the economy moving
Contrary to Frydenberg’s cherry summary of Australia’s economic fundamentals, a new report shows business is taking hits from all sides
Those wanting to appear reasonable and balanced are actually condemning us to inaction on the climate crisis
Policy both here and overseas is being driven as though we need to increase the financial incentives for entrepreneurs
Mining and non-mining states used to take turns growing fast – now they are all weak together
Performance is at the heart of politics. That’s why Labor needs to seize this moment of crisis to push for climate action
For yet another year, the government will be forced to revise down its overly optimistic predictions for wages growth
While the central bank predicts GDP growth above 3% by the end of 2021, it’s not set in stone (they were wrong last year)
How to transition to zero emissions is daunting – but the answer is not to put up a white flag
The lack of rain cannot be hidden from our supermarket shelves
The past year has been the worst in Australian retail since the 1990 recession. Good luck spinning that
Contrary to post-election commentary, in reality most in the party are glued to the centre
Whatever happened to the government’s predicted tax-cut surge in spending?
As the economy begs for a stimulus and the government fixates on a surplus, talk of extreme monetary policy is growing
The Liberals have long been GFC truthers. It’s time to stop misrepresenting Labor stimulus
Older people staying in work highlights the real consequences of fiscal policy that has forced the Reserve Bank to cut interest rates
The government is pinning its hopes on interest rate cuts to lift us out of the doldrums – but it’s not very convincing
The Coalition needs to face up to the fact that living standards have been falling for five years under its watch
There is not much the ACCC can do about the banks not passing on the full cash rate cut
Supposedly progressive leaders like Annastacia Palaszczuk make you wonder if Gen X is worse on climate than baby boomers
Of course the Extinction Rebellion protesters are angry. You should be too
You could just feel the pride when Scott Morrison declared drought relief ‘not welfare’ but help to ‘maintain a viability’
The economy is struggling mightily and only the RBA is trying to get things going
They don’t target bracket creep, they overwhelmingly benefit the rich and they open the budget to economic risks
The prime minister has demonstrated a Trumpesque ability to fudge, mislead and obfuscate
Even before Philip Lowe’s hint, the market was pricing in a cut on 1 October. Get ready for a new low
Those asking if Australia needs one are either too young to recall or have forgotten. Recession wrecks lives and utterly changes society
In a bitter irony, weak GDP growth is bolstered by NDIS spending, and the deficit is lower than forecast due to NDIS underspend
The affordability of homes in most cities remains below where it was in 2016
Even though US bond yields are getting better, Brexit and Trump’s trade war with China are making our biggest tourism markets suffer
We’re told not talk about climate change. I suspect this is because we might have to start wondering why we’re not doing anything about it
The labour account figures show there are now about as many people working multiple jobs as there are unemployed
It is hoped the Reserve Bank’s slashing of borrowing costs puts some oomph in economic activity. But it might not
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