The official unemployment rate released by the ABS hides the true impact of the lockdown measures on the economy and employment. In addition to the 823 thousand unemployed, there are 1.26 million...
Last week the Australian Bureau of Statistics reported that Australia had a 6.2 per cent unemployment rate. Based on the collapse in hours worked, however, I guesstimate the jobless rate is closer...
This article from the Autumn 2020 edition of the IPA Review is written by former Treasury and Reserve Bank official and Chief Economist in the Prime Minister’s office, Andrew Stone. The...
This article from the Autumn 2020 edition of the IPA Review is written by Research Fellow at the IPA, Andrew Bushnell. Awareness is growing that the coronavirus disease might cause two...
Treasurer Josh Frydenberg yesterday delivered a sobering economic statement to Parliament. In stark contrast to the premature “back in the black” celebration just 12 months ago, the Treasurer...
These days probably the best way to guarantee the federal Coalition government won’t do something is to have Malcolm Turnbull suggest it. So when Turnbull on the publicity tour for his...
This article originally featured in the Spectator Australia Online Our major football codes are the canaries in the coal mine for hundreds of industries desperate to restart as soon as possible...
The $320 billion of fiscal and monetary measures in response to the coronavirus, however necessary, will impose a debilitating cost on all Australians with consequences for years to come. The...
“Australia could have $1 Trillion worth of debt within 3 years. The only way to repay this monumental amount of debt is for Australia to become more productive,” said John Roskam, Executive...
Australia needs strength to survive the coronavirus, but many policies designed to manage the spread may be counterproductively weakening our social, political and economic systems. Last week...
The Euro was heading for a crisis wrote Oliver Hartwich in the August 2019 of the IPA Review, and now it’s here, as he details in a new article (reprinted below) on what Europe now faces as...
Red tape is exacerbating the economic fallout brought on by the coronavirus crisis by making it more difficult for businesses to adjust to changing circumstances. While no one could foresee the...
A new daily email by free market think tank the Institute of Public Affairs, providing the latest economic data and policy measures for journalists, commentators and IPA members. Latest daily...
Far too many people have spent their leisure time watching post-apocalyptic television shows. At the first sign of trouble they all immediately went shopping. I always imagined that having a stock...
A new daily email by free market think tank the Institute of Public Affairs, providing the latest economic data and policy measures for journalists, commentators and IPA members. Latest daily...
A new daily update by free market think tank the Institute of Public Affairs, providing the latest economic data and policy measures for journalists, commentators and IPA members. Latest daily...
However this crisis ends, the era of Australia’s ‘lollipop economy’ is over. Not in our lifetime will a worker ever again be paid $180,000 a year to stand and hold a traffic sign...
The Reserve Bank of Australia’s decision to engage in quantitative easing is a desperate move with no clear end game. While QE has been precipitated by the public health response to coronavirus...
