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Two-class school system a great way to entrench low productivity

Two-class school system a great way to entrench low productivity

You’d expect a Labor government to care about public school students getting a decent education. We’ll soon find out if it does.

  • by Ross Gittins

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Vladimir Putin has Russia headed for economic ruin. The West can’t lose its nerve now

Vladimir Putin has Russia headed for economic ruin. The West can’t lose its nerve now

Russia’s defence spending has tripled since the invasion of Ukraine, approaching 8 per cent of national output – roughly what it was under the Soviet Union.

  • by Ambrose Evans-Pritchard
How top earners kid themselves (and us) they’re overtaxed
Opinion
Tax reform

How top earners kid themselves (and us) they’re overtaxed

Don’t let the rich guys’ talk of high taxes fool you into believing Australia is a high-tax country.

  • by Ross Gittins
Enemies they may be, Taylor Swift and Donald Trump have a lot in common

Enemies they may be, Taylor Swift and Donald Trump have a lot in common

Billionaires were never popular, but they are almost reflexively reviled today in our time of rising inequality. Yet, here we see the exceptions to the rule.

  • by Waleed Aly
The clock is ticking as China spirals

The clock is ticking as China spirals

China’s problems are mounting. And it is ramping up efforts to fix its biggest one.

  • by Stephen Bartholomeusz
Why fixing negative gearing would be a positive for our kids

Why fixing negative gearing would be a positive for our kids

Real estate agents and home building companies always claim getting rid of the tax lurk would do great damage to renters and buyers alike. Don’t believe it.

  • by Ross Gittins
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Swifties like me are getting thrifty to see her live
Opinion
Live music

Swifties like me are getting thrifty to see her live

To understand the economics of Taylor Swift, you must understand what fans like me forgo to see her concerts.

  • by Millie Muroi
Lest we forget the unknown public servant, working away to better inform us
Opinion
Accounting

Lest we forget the unknown public servant, working away to better inform us

Forty years ago, government financial reports were a dog’s breakfast of facts and figures. Don Nicholls, who recently died, did much to improve this.

  • by Ross Gittins
America’s booming economy is turning toxic for Joe Biden

America’s booming economy is turning toxic for Joe Biden

It seems to be a near impossible task to convince Americans that their economy is performing well.

  • by Kate Andrews
We can’t escape a carbon tax, which is good news, not bad

We can’t escape a carbon tax, which is good news, not bad

In their own polite way, Professor Ross Garnaut and Rod Sims this week spoke out against the blatant self-interest of our fossil fuel industry.

  • by Ross Gittins
Want better productivity? Start by ensuring our kids can read
Opinion
NAPLAN

Want better productivity? Start by ensuring our kids can read

One in three Australian primary and secondary students cannot read proficiently, limiting their life chances. It’s an appalling deficiency with a costly economic sting.

  • by Ross Gittins