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An opinion poll published last week reveals a political division cutting across traditional party loyalties and pointing to a possible populist rejection of economic openness.
As the dust settles on this year’s federal budget, the Fifth Estate turns its eye to matters economic with Ross Gittins, economics editor of the Sydney Morning Herald, and public policy experts Miriam Lyons and Ian McAuley.
While the Federal Government...
In recent years politicians and journalists have limited their concerns to rolling off the words “rural and regional” as if alliteration is a substitute for meaning. In fact, those words are meaningless, because every part of Australia, from Toorak to Penrith to the Pilbara can...
All of us, even bankers, financial counsellors and finance lecturers, make poor financial (and other) decisions from time to time. Understanding the basis of our irrationality has always been important, but it has assumed greater importance over the last twenty to thirty years, which have...
This paper presents the case for a single national health insurer to replace the 38 private insurers now operating in the market. Although there would be scale economies, primarily in administration costs, in a single national insurer, such savings would be modest. The case for...
Australia's interest rates are close to the highest among all developed countries. IAN McAULEY looks at the implications
"WOTCHER gonna do 'bout 'ousin?" a lady screamed at Bob Menzies in a 1960s town hall election rally.
"I'd put an 'h' in front...
At last a bold initiative from Labor ? its broadband plan.
With a price tag of $4.7 billion it may look extravagant. It?s about $500 a household, spread over several years. To put that figure into perspective, Australian households already spend $1300 a year...
At last a bold initiative from Labor – its broadband plan.
With a price tag of $4.7 billion it may look extravagant. It’s about $500 a household, spread over several years. To put that figure into perspective, Australian households already spend $1300 a...
In one generation Australia has come through a massive economic transformation, and the electorate is starting to resist further economic change. Unless ‘reform’ has more meaning for consumers than the choice of multiple firms to deliver the same molecules of water, they will rightly ask...
We’re paying too much for a bloated financial service sector.
A prominent example is Australia’s largest health insurer, Medibank Private, which in the last financial year absorbed just over a billion dollars of contributors’ premiums in management overheads and profits – $511 million as...