economy

law & crime August 25, 2018

RBA caught in banknote fraud

In an embarrassing moment for the RBA, the Federal Court has ordered that the company formed to export Australia’s polymer banknote technology pay $65 million to an overseas agent defrauded of his commission.

resources July 21, 2018

Frydenberg’s energy battle over coal

Trying to broker agreement in the Coalition on the best action on climate change appears to be a Sisyphean task as supporters of coal maintain their pressure.

economy May 12, 2018

Gunning for an early election?

As Malcolm Turnbull and Scott Morrison sell their ‘election’ budget, the prime minister is weighing up a poll that could be as early as August.

law & crime May 19, 2018

Cash economy under pressure

The government’s crackdown on cash transactions could not only change the way Australians spend, but also affect our overall privacy.

economy May 12, 2018

The truth about wage stagnation

While the government trumpets its jobs figures, it refuses to engage with wage stagnation. The truth is, nobody knows by what formula wages will go up again.

immigration May 5, 2018

Inside the ‘just add people’ dogma

Successive governments have maintained high levels of immigration to stoke the economy. The argument against this is growing, bringing together odd bedfellows.

economy May 5, 2018

Commonwealth Bank held to account

As the Australian Prudential Regulation Authority releases a scathing report on the conduct of Commonwealth Bank, a bandwagon-joining Scott Morrison calls for more heads to roll.

law & crime April 28, 2018

The arch royal commissioner, Kenneth Hayne

The government may have thought Kenneth Hayne would run an easygoing royal commission. But his exposure of corruption and exploitation among the big banks sees him join a tradition of commissioners delivering more than their masters bargained for.

indigenous affairs April 21, 2018

The rise of homelessness and hunger

While the government remains focused on neoliberal solutions to inequality, homelessness and hunger worsen. Some in the sector wonder whether it is deliberate.

economy April 21, 2018

Morrison’s budget strategy stymied

Treasurer Scott Morrison’s plan to frame the coming budget as responsible investment was derailed this week by conflicting government messages.

ir April 14, 2018

Wage theft and migrant workers

Gross underpayment of Australia’s migrant workforce has become institutionalised in a variety of industries, and with the Fair Work Ombudsman under-resourced and unions kept at bay, the government appears unwilling to address the problem.