Minimum wage rise could benefit all in the rat race
If I was on the minimum wage, however, I wouldn't start spending the increase yet.
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Ross Gittins
Ross Gittins is economics editor of the SMH and an economic columnist for The Age. His books include Gittins' Guide to Economics, Gittinomics and The Happy Economist.
Our problem isn't fake news, it's fake government
Smoke signals from Canberra suggest that all the government will manage to get through the Senate is a reduction to 27.5 per cent in the tax rate applying to companies with turnover of less than $10 million a year.
Don't buy the 'money illusion': Here's what's happening to real wages
Economists may not be much chop at forecasting how fast the economy will grow in the next year or two, but that doesn't mean they haven't learnt a few things about how economies work.
Someone has to give if we're to fix the budget
The nation's budget problem still won't be solved when, one day in the distant future, we get the federal budget back into surplus. Only a change in strategy is likely to produce a sustained solution.
How the two-speed economy worm has turned
If you learn nothing else about the economy, remember that it moves not in straight lines but in cycles of good times followed by bad times, and bad times followed by good.
Abused public servants help bring Turnbull down
There's no clearer sign that the Turnbull government is in deep political trouble than the never-ending saga of the Centrelink robo-debt stuff-up.
The truth about getting investment
Confidence and capacity are the real drivers of investment.
Reserve Bank spells out company tax choices to politicians
The tax system is supposed to deal with issues other than attracting investment.
Cut in penalty rates another win for 'bizonomics'
In Australia, micro-economic reform has degenerated into a form of rent-seeking that's saying the way to a prosperous economy is to keep business – the people who create the jobs – as happy as possible.
The four great myths of Gonski
It turns out Christopher Pyne was right: Julia Gillard's version of the Gonski school funding reform was indeed "Conski".
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