Business
The economy
Opinion
Aged care
We’re stuck with crappy aged care because Morrison won’t ask the young or the old to pay to fix it
I’m sorry to be so pessimistic but I fear it is unlikely the aged care royal commission’s report will bring change.
- by Ross Gittins
Latest
Peter Costello warns ultra-low rates risk creating the next financial crisis
Future Fund chairman Peter Costello has warned central banks against keeping borrowing costs at record lows for longer than necessary.
- by Clancy Yeates
Opinion
Global economy
Battlelines have been drawn for the next US-China stoush
China has made its ambitions clear as it looks to challenge and then surpass America’s lead in the next generation of technologies that will determine global supremacy into the future.
- by Stephen Bartholomeusz
Opinion
Interest rates
QE is a lobster pot: easy to get in, hard to get out unscathed
Since the global financial crisis and more so since the coronacession, the normal way things work in financial markets has been turned on its head.
- by Ross Gittins
Call for women-focused rescue plan after COVID recession ‘triple whammy’
Economists, think tanks and industry groups are using International Women’s Day to call for a suite of policies to repair the disproportionate damage done to women by the nation’s first recession in 30 years.
- by Jennifer Duke and Noel Towell
Pandemic property boom: will it get too hot to handle?
Low interest rates, pent up demand and government incentives have triggered a surge in house prices. But what are the consequences?
- by Matt Wade
Opinion
GDP
Economic rebound was the easy bit, ‘recovery’ could take an eternity
The economy has taken off like a stimulus-fuelled rocket, but it’s going to take a long time before all our troubles are behind us.
- by Ross Gittins
Opinion
Interest rates
Heard the one about interest rates rising? Don’t be so sure
As the pandemic crisis recedes, the big weaknesses of the economy will again surface – and they will need to be tackled.
- by Jessica Irvine
Opinion
Global economy
The Biden economy is at risk of growing too fast
The US economy is operating below potential but there are still limits to how fast the economy can go.
- by N. Gregory Mankiw
Opinion
Aged care
Only one thing will end the squalor of aged care
More money is needed but it will only happen if Labor and Liberal parties take politics out of the decision.
- by Ross Gittins
Opinion
Global economy
Europe’s economic recovery is under threat before it has really begun
Concerns that central banks were sliding ever deeper into a “debt trap” were invariably brushed aside as a problem for the future. That future has arrived.
- by Ambrose Evans-Pritchard