PostsSee All

Enjoying the delicious irony of today's column on angry white men provoking an angry backlash from men...

Is this why working class white men are so angry?
smh.com.au|By Jessica Irvine

Have just had The Project at my house filming me eating smashed avo....In case that doesn't make the cut for rivetting TV tonight, you can read about my views on Avo-gate here...

[PS, no, I don't hate old people, lighten up.]

Full and upfront disclosure: I have been known to enjoy the occasional smashed avocado served atop crusty bread – although I prefer a poached egg to the crumbled fetta combo detailed in demographer Bernard Salt's now infamous column chiding young Australians for not saving their pennies and eating a...
smh.com.au|By Jessica Irvine
PhotosSee All
No automatic alt text available.
No automatic alt text available.
Image may contain: text
Posts

I cop a lot of blowback for my articles in support of a "Big Australia". But it's a happy circumstance where my economics aligns with my morals.

"To live in the most sparsely populated continent on earth and declare ourselves full is mean-spirited, defeatist behaviour of the highest order. If people want to come here, unless we have a good reason for stopping them, we shouldn't."

Migrants steal our jobs. Migrants bludge off welfare. So, which is it?
smh.com.au|By Jessica Irvine

Enough already, let's all move to Iceland... Fascinating article for SMH today by Jane Searle who interviewed Icelandic women about living in the most female-friendly country in the world.

"It's amazing they still don't have maternity leave in places like the U.S. or that women stay at home" Dagny adds. "To go through all that education to stay at home, doesn't make sense."

The small Nordic country recently topped the World Economic Forum's Global Gender Gap Index for the seventh year running. Australia ranked 46th by comparison.
smh.com.au|By Jane Searle

A little late, but Happy Halloween everyone... Scary!

Image may contain: night
innocent

Horror in the modern age.

Ross Gittins is on holiday, so I've been filling in with a two part masterclass on how interest rates REALLY work.

Everything you ever wanted to know about interest rates, but were too afraid to ask...

Part 1: Walks you through how a decision by the Reserve to cut/raise the cash rate ends up influencing the interest rates that mortgage holders pay: http://www.smh.com.au/…/the-truth-about-interest-rates-and-… (some bonus bank bashing in that one)

...

Part 2: Explains the various channels through which changes in interest rates influence demand in the economy, and thus inflation: http://www.smh.com.au/…/dont-worry-low-interest-rates-are-w…

See More
There is truth to the big four bank's claim that they face higher funding costs, but, as always, there's a catch.
smh.com.au|By Jessica Irvine

If we really want gender equality, we need to see women regularly handing down budgets, setting interest rates and chatting about the economy on TV. So if you have a uterus and an economics degree, please get onto this new facebook group for female economists working in Australia. I'm sick of talking to blokes (see today's SMH/Age column: http://www.smh.com.au/…/where-are-all-the-female-economists…)

Leonora Risse's photo.
Public Group
384 Members

More money, worse results? The truth behind the great schools debate. My Friday column...

If you want to make any sense of the current schools funding debate, it pays to have a finely tuned bulldust-ometer. The central conundrum is this ...
smh.com.au|By Jessica Irvine

How do Aussie households get away with having the biggest household debt in the world? Well, that's a very good question, I'm glad you asked...

It is an extraordinary fact that Australian households shoulder the biggest debts in the world, relative to our incomes. But can it last?
smh.com.au|By Jessica Irvine

Can you believe there are still 22 boardrooms in ASX200 companies with no women around the table? I found Flight Centre's excuse that they were only "temporarily womanless" quite possibly true, but also quite hilarious...

Women are on track to occupy 30 per cent of boardroom seats by the end of 2018, but 22 companies remain complete female-free zones.
www.smh.com.au|By Jessica Irvine

Gee I had a fun day today...RBA speech for breakfast and AOFM speech for lunch. First the RBA says we're doing fine, then the government's debt manager says it would make "very little or no" difference if we lost our AAA credit rating. Relax everyone! Good thing our public servants are doing such a fine job minding the economy, given all the sensible politicians (oxymoron?) seem to have all exited the field.

The man responsible for managing the nation's credit card says a credit downgrade would have "little to no" impact on the government's cost of borrowing.
www.smh.com.au|By Jessica Irvine

It might be time to ask for that payrise...Reserve Bank assistant governor (economic) Christopher Kent delivers an upbeat assessment of Australia's post mining boom economy...

Turn that frown upside down: the Aussie economy is showing flickering signs of life.
smh.com.au|By Jessica Irvine

Zombies have invaded China!

haha, at least, the Chinese translation of my first book "Zombies, bananas and why there are no economists in heaven: The economics of everyday life" is out.

Essential reading for any CCP cadre looking to court influence in Australian society...

No automatic alt text available.

Ask yourself this: do you actually know what's in the government's $6 billion omnibus savings bill introduced to parliament last week? Labor is still deciding whether to support it. I'd be astounded if they do, given all the nasties it contains for some of society's least well off... Here's my quick summary of the 24 measures...

There are plenty of hidden nasties for students, families and welfare recipients in the government's $6 billion savings bill.
smh.com.au|By Jessica Irvine

Public sevice alert: Three women are about to run the world! (And you can throw in Christine Lagarde for a fourth).
Today's column attempts to look at gender equity from a different point of view. Instead of focusing on women's perceived failings (we're not competitive enough, not confident enough), let's focus on the boys, who, studies, show, are over confident in their abilities - often to the deteriment of company performance. http://www.smh.com.au/…/she-didnt-ask-for-it-is-this-why-wo…

Ladies could soon comprise the troika of political and economic power that controls the world's largest economy.
smh.com.au|By Jessica Irvine

I've been thinking a lot about housing recently, and it seems to have struck a chord. Hello new followers! Apologies for being slack on posting... here are three links to catch you up...

First, I moved house to the suburban rental of my childhood dreams (Read here: http://www.smh.com.au/…/im-swapping-the-inner-city-life-to-…)

Then I wrote a front page yarn on new HILDA data suggesting that, by as soon as next year, fewer than half of Aussie adults will own a home (Catch up h...ere: http://www.smh.com.au/…/home-owners-set-to-become-the-minor…

Then I wrote another column exploring just why renters get such a raw deal in Australia, and how we could change things...http://www.smh.com.au/…/the-hidden-tax-that-hurts-renters-w…

Keen to hear your stories and thoughts. Happy monday folks.

See More
We need a property market that facilitates people to move to housing that best suits them. That's why I'm up to my 20th home.
smh.com.au|By Jessica Irvine
Stay up to date with news, columns and random thoughts from smh.com.au econo-nerd and senior writer, Jessica Irvine