Business
The economy
Opinion
Global economy
The new economic normal isn’t anything we’ll recognise
We can’t roll back the clock to 2019’s economy, and nobody knows which “normal” we’re supposedly returning to.
- by Jonathan Levin
Latest
Opinion
Global economy
How were so many economists so wrong about the recession?
Economists have yet to figure out why things went so well, but it is already clear that a reckoning is due.
- by Tyler Cowen
Analysis
Spending
The single issue that will hold the NSW economy back in 2024
The NSW economy will slow next year, but there’s a thorny problem set to drag on activity for a decade or more.
- by Matt Wade
Opinion
Renting
It’s the season for giving, but as a young renter I think I’ve given enough
Young Australians have had little to no say in the policies that have led us to the housing shortage we now face. And yet, our plight seems to be getting worse.
- by Millie Muroi
Editorial
Cost of living
We’re richer than ever but living beyond our means
Australia has all the signs of unlimited prosperity. Near full employment, high resource prices, a demand for housing that we cannot meet, and we’re richer than ever. But amid all this affluence dark clouds hover over the future: we are living beyond our means.
- The Herald's View
‘Wear comfortable shoes’: Your Boxing Day sales survival guide
Shoppers will spend $1.25 billion on “unprecedented” deals as retailers look to clear and refresh stock, says the Australian Retailers Association.
- by William Ton
Analysis
Spending
Feeling the cost-of-living crisis? Charts reveal who’s getting off lightly, and who’s suffering most
Spending patterns shifted in 2023 as consumers reacted to high inflation and rising interest rates.
- by Matt Wade
Businesses that survived as result of pandemic tipped to collapse in 2024
More Australian businesses will be pushed into bankruptcy next year – and these are the factors to blame.
- by Sumeyya Ilanbey
Opinion
Global economy
Barbie, Birkenstocks and men thinking about the Roman Empire: What social trends taught us about the 2023 economy
Some of the big cultural events taught us about the labour market, economic growth and the outlook for 2024.
- by Jeanna Smialek
Opinion
Gen Z
Generation Dupe: Why Gen Z admits to buying knock-off goods
Buying knock-offs is a tradition going back generations, but the new twist is publicly outing yourself as owning and wearing them.
- by Erin Lowry
Opinion
Inside China
The Chinese dream has turned into a nightmare
The downfall of property giant Evergrande tells the story of an epic crash that’s affected everyone in China. And there could be more pain to come.
- by Rebecca Choong Wilkins