Employment

Many Aussies would love a four-day work week. But let’s at least be honest about what that really means.

No doubt many of you are still enjoying a long Easter/ANZAC Day break, but for those of you pining for some economic news, here are a few bits of interest that caught my eye this week—starting with my comprehensive essay on Peter Dutton.

Strong labour force data in December have all but ruled out a February rate cut.

As Australia grapples with its post-pandemic recovery, the principal macro challenge remains inflation.

Real wages in Australia have stagnated because the pandemic made us all poorer; a lack of wage growth just reflects that reality. If we push wages further above productivity, we risk disemployment, a wage-price spiral, and even a painful recession.