The care economy is a significant part of ‘human services’ which make up most of the non-market sector in Australia. However, labour productivity in the non-market sector has been negative over the past decade. This paper poses that improving productivity, service standards and innovation in the care economy is a key part of improving Australians’...

Banks use a mix of wholesale and deposit funds to finance lending. If a country is a net importer of wholesale funds, then a financial crisis in a foreign country can 'infect' the banking system by raising the cost of wholesale funds. Indeed, countries such as Australia imported a crisis through the wholesale funding market...