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'That's all, folks': Should the government be pulling back fiscal support?

'That's all, folks': Should the government be pulling back fiscal support?

This is not the sky diving plummet from 10,000 feet it initially appeared to be.

  • by Jennifer Duke

Latest

To succeed, Biden must create more jobs than any president in recent history

To succeed, Biden must create more jobs than any president in recent history

The US economy that President-elect Joe Biden is set to inherit on January 20 is in a deep hole, with a recovery that is stalling, a pandemic that is raging and more Americans out of work than what he faced as vice president during the GFC.

  • by Heather Long
Beijing 'rebuffed' pleas from Chinese steelmakers to lift ban on Australian coal

Beijing 'rebuffed' pleas from Chinese steelmakers to lift ban on Australian coal

Beijing has rejected pleas from China's steel mills to lift bans on Australian coal, leaving dozens of ships stranded and clouding the outlook for miners.

  • by Nick Toscano
Global economy can shake off pandemic in 2021, policymakers say

Global economy can shake off pandemic in 2021, policymakers say

Vaccines and fresh economic stimulus promised by US President-elect Joe Biden will give the global economy a chance to put the coronavirus pandemic behind it in 2021, policymakers and business leaders say.

  • by Mark John
JobKeeper can't be forever but is needed a little longer
Opinion
JobKeeper

JobKeeper can't be forever but is needed a little longer

While there is a danger that by extending the government payments we will be stapling workers to the wrong jobs, there is a danger in removing it prematurely.

  • by Jessica Irvine
China acts quickly to stymie Biden trade alliance with Europe
Opinion
Trade wars

China acts quickly to stymie Biden trade alliance with Europe

The European Union has forged a new trade deal with China, ignoring pleas from the incoming Biden administration in the US to wait and give it an opportunity to recreate a Western alliance to deal with China.

  • by Stephen Bartholomeusz
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Roll up your sleeves: How the vaccine rollout will affect the global economy

Roll up your sleeves: How the vaccine rollout will affect the global economy

Even with the vaccine the global economy will still be smaller than it would have been without the pandemic. But it's the first of many steps towards rebuilding.

  • by Jennifer Duke
Festive season credit card debt now a ghost of Christmas past

Festive season credit card debt now a ghost of Christmas past

Australians are set to emerge from the Christmas season with the lowest January credit card debt in more than a decade after the pandemic made consumers more cautious and accelerated changes in the way we pay.

  • by Matt Wade
Biden and the EU can forge a new path on global warming
Analysis
Investing

Biden and the EU can forge a new path on global warming

The transatlantic carbon club could be more effective in tackling emissions than voluntary deals such as the defunct Kyoto Protocol or the Paris Agreement.

  • by Andreas Kluth
Capitalism is best - it just needs regular maintenance

Capitalism is best - it just needs regular maintenance

To say the market system is the best one available, and that we should stick to it, is not so say it works perfectly and can’t be improved.

  • by Ross Gittins
Why much of what we're told about the effects of taxes is off beam
Opinion
Income tax

Why much of what we're told about the effects of taxes is off beam

Conventional economists are far too obsessed by prices and not much else and it's a blind spot that leads to bad predictions.

  • by Ross Gittins