Neither a pandemic nor interest rate rises: can anything dent the Australian housing market? | Greg Jericho
The entire political focus over the past 40 years has been to keep house prices from falling, or even abating
Source: theguardian.com
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Labor says it's looking for ways to ease cost-of-living pressures. Just don't mention the stage-three tax cuts | Tax
The cuts are already baked into the RBA’s forecasts and economists say there is little point looking at alternatives
Source: theguardian.com
Retail figures show we're desperate for a bargain rather than flush with cash. The RBA should take note | Greg Jericho
When retail spending surges, the Reserve Bank can be tempted to raise interest rates – but analysing the economy requires an understanding of what is happening in the real world.
Source: theguardian.com
The Crunch: why it's so hard to buy a home, penguin naps, and inequality in the US |
This week’s data newsletter also looks at the effect of record immigration on Australia and the use of text on Vogue magazine covers
Source: theguardian.com
Jim Chalmers' lucky budget surplus is no comfort to workers whose pay is shrinking | Greg Jericho
It’s hard to get excited about Myefo figures when median earnings fell, stage-three tax cuts remain sacrosanct and there are no new measures to relieve cost-of-living pressures
Source: theguardian.com