A Protestant tradition with pagan roots, the Christmas tree is now a global phenomenon. It also reveals much about market economics, so let's climb on the sleigh and take a ride around this holiday item…
Neal Hughes, Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) and Steve Hatfield-Dodds, Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES)
For crop farmers, the risk of low profit years has doubled.
Politics with Michelle Grattan: Mathias Cormann and Jim Chalmers on the mid-year budget update.
The Conversation, CC BY29.7 MB(download)
The figures indicate a worsening economy, but the government has sought to put a positive spin on the situation, saying the Australian economy is showing resilience.
MYEFO contains a long-overdue admission: that low wage growth is the new normal. It'll take extraordinary spending restraint to make the surplus forecasts stick.
Technology has taken the old sales tactic of time-limited offer to a whole new level. But for the tactic to work requires a Goldilocks zone between being too pushy and not all.
Ayesha Scott, Auckland University of Technology and Aaron Gilbert, Auckland University of Technology
New Zealand introduced KiwiSaver 12 years ago to address a lack of retirement savings. But fees are up to 50% more than UK funds and New Zealanders are missing out on hundreds of thousands in savings.
Westpac's 154 page financial statement will be a challenge for shareholders attending Thursday's annual general meeting. In the early 2000s, it was only 35 pages.
The skills children learn at school have dramatic implications for their own future and the nation's productivity, living standards and income inequality.
Treasurer Frydenberg says he is not worried that we are saving rather than spending our budget tax cuts. His goal was merely to “put more money in pockets”.
Lukas Coch/AAP
Peter Martin, Crawford School of Public Policy, Australian National University
Spending growth has fallen to financial crisis lows. Per person, economic growth and spending has gone backwards. Josh Frydenberg isn't ruling out action in the pre-Christmas budget update.
Treasurer Josh Frydenberg says he’ll act on the Commission’s findings. But he has already backslided on mortgage brokers and the rest of the recommendations don’t go far enough.
Mick Tsikas/AAP
Iron ore piles at Dampier, Western Australia. Australia could convert iron oxide to metal for export, producing it with no emissions.
CHRISTIAN SPROGOE/ Rio Tinto
Eminent economist Ross Garnaut says if climate action fails, he fears the consequences 'would be beyond contemporary Australia'. But zero-emissions iron and aluminium could be the way forward.
Reserve Bank governor Philip Lowe (right) says he needs government help to boost the economy. Treasurer Josh Frydenberg is yet to provide it.
Dan Himbrechts/AAP
Peter Martin, Crawford School of Public Policy, Australian National University
Every one of the 13 economists surveyed by The Conversation thinks more stimulus is needed. None think it should all come from the Reserve Bank. Most think the budget surplus can wait.
MIT professors Esther Duflo and her husband Abhijit Banerjee who along with Michael Kremer are the winners of the 2019 Nobel Prize in Economic Sciences.
CJ GUNTHER/EPA
This year's Nobel Prize is important both for what it recognises and who it recognises.
Under the ParentsNext that was delivered, some parents lose payments for failing to attend appointments and others don’t.
Shutterstock/Department of Jobs and Small Business
ParentsNext has punitive dimensions that threaten people's human rights. Now a Senate Committee will determine whether it's helping or harming vulnerable parents and their children.
As uncertain as 2019-20 is, The Conversation’s team of 20 leading economists are in broad agreement that the outlook isn’t good. Scott Morrison and Treasurer Josh Frydenberg will also have to deal with the unexpected.
Wes Mountain/The Conversation
Peter Martin, Crawford School of Public Policy, Australian National University
The Conversation's distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
Working from home means taking work into your home.
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Stress, troubled sleep and interrupted family time are some of the little-known downsides from working from home.
Former Labor prime minister Paul Keating, the father of Australia’s compulsory superannuation system, with former prime minister Julia Gillard at Labor leader Bill Shorten’s campaign launch in 2016.
Mick Tsikas/AAP
Subsidies for private health insurance premiums cost the government over A$6 billion a year. Is it time to scrap the rebate and redirect these funds elsewhere in the health system?
It’s one thing to have money, it’s another to be able to spend it to best effect.
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