9 September 2020
Australia Is In A K-Shaped Recession
Australia is experiencing a ‘K-shaped’ government-induced recession from the lockdown measures. The public sector are thriving and growing on the upward arm of the ‘K’, but the private sector continues to suffer on the downward arm of the ‘K’, an analysis by free market think tank the Institute of Public Affairs shows. The analysis, based on Australian Bureau of Statistics
13 August 2020
Private Sector Smashed While Bureaucrats Flourish In Lockdown
More than 604,000 private sector jobs have been destroyed since lockdowns were introduced in March while 14,000 jobs have been added to the public sector according to an analysis of Australian Bureau of Statistics data released today by the Institute of Public Affairs. Private sector jobs declined by 5% between 14 March and 25 July while public sector jobs increased
24 June 2017
Central Bank Has A Strange Idea Of How To Strengthen The Economy
Who wouldn’t like to get a huge pay increase? According to RBA governor Philip Lowe we should all be nagging our bosses for a greater share of the national economic pie. If we all got a huge pay increase that “would be a good thing”. Mind you – keeping our jobs would be a very good thing. Therein lies the
