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Australia’s 2.5% minimum wage rise: there’s something in it for you, and the economy

Australia has a serious wage problem. Over the past decade wages for all but the top 20% of income earners have flat-lined. This is part...

At least 2.6 million people face poverty when COVID payments end and rental stress...

Many Australians whose jobs were decimated by the COVID business shutdowns will soon be waking up to new income shocks and the prospect of...

Germany: Unemployment rate increased in February

Unemployment rates in Germany rose unexpectedly last month, for the first time, since June 2020. New data revealed the situation. It's definitely due to the...

Victorians struggle to exit JobKeeper, as the scheme’s end looms

As JobKeeper enters its final weeks, the government has released the latest Tax Office breakdown of the numbers coming off the program, amid concerns...

New finding: boosting JobSeeker wouldn’t keep Australians away from paid work

Incentives, the Freakonomics author Steven Levitt once quipped, are the “cornerstone of modern life”. To this, I would add: only if the incentive is...

Don’t worry about the debt: we need more stimulus to avoid a prolonged recession

After two decades of equating budget surpluses with good economic management, it might seem convenient that the federal government has changed its fiscal strategy...

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