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Now is the time to plan how to fight the next recession

  • Written by Richard Holden, Professor of Economics, UNSW
Now is the time to plan how to fight the next recessionIt's one thing to have money, it's another to be able to spend it to best effect.Shutterstock

This is part of a major series called Advancing Australia, in which leading academics examine the key issues facing Australia in the lead-up to the 2019 federal election and beyond. Read the other pieces in the series here.

Australia’s nearly three...

Read more: Now is the time to plan how to fight the next recession

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  1. What 1,100 Australians told us about the experience of living with debt they can't repay
  2. Australia’s populist moment has arrived
  3. Our culture of overtime is costing us dearly
  4. Vital Signs: why more expensive milk won't help farmers much
  5. Five insights that could move tourism closer towards sustainability
  6. What are we teaching in business schools? The royal commission's challenge to amoral theory
  7. Honest brokers. Why mortgage broker commissions aren't the problem
  8. Amazon's Dash Buttons, now banned in Germany, might be pushing legal limits in Australia
  9. This time it's Labor and the Greens standing in the way of cheaper super
  10. The decoy effect: how you are influenced to choose without really knowing it
  11. Vital Signs: when watchdogs become pets – or the problem of 'regulatory capture'
  12. How Zip Pay works, and why the extra cost of 'buy now, pay later' is still enticing
  13. One-third of Australians think banks do nothing for the greater public good
  14. It's unanimous: Economists' poll says we can fix the banks. But that doesn't mean we will
  15. Welcome to your first job: expect to be underpaid, bullied, harassed or exploited in some way
  16. Killed in the line of work duties: we need to fix dangerous loopholes in health and safety laws
  17. Understanding Hayne. Why less is more
  18. Words that matter. What’s a franking credit? What’s dividend imputation. And what's “retiree tax”?
  19. Frydenberg is wrong to support Ivanka and Donald Trump on the World Bank. It'd be better to let it die
  20. Vital Signs. If needed, this man can and will cut rates during the election campaign
  21. Defence mechanisms. Why NAB chairman Ken Henry lost his job
  22. What TV comedy The Good Place tells us about why banks and other corporations do bad things
  23. Banking Royal Commission: How Hayne failed remote Australia
  24. How public ineptitude and private enterprise combined to give Venezuela hyperinflation
  25. Why bank shares are climbing despite the royal commission
  26. Hayne's failure to tackle bank structure means that in a decade or so another treasurer will have to call another royal commission
  27. Banking Royal Commission: the real problem is how we value executives and workers
  28. Compensation scheme to follow Hayne’s indictment of financial sector
  29. Research shows most online consumer contracts are incomprehensible, but still legally binding
  30. Pro tip for Australia's banks: imagine you are in Canada
  31. Six questions our banks need to answer to regain trust
  32. Banks are enabling economic abuse. Here's how they could be stopping it
  33. Vital Signs. Yet another year of steady rates. What's the point of the RBA inflation target?
  34. Why Australians are falling in love with American football, and what it means for local leagues
  35. What banking regulators can learn from Deepwater Horizon and other industrial catastrophes
  36. A Trump-aligned World Bank may be bad for climate action and trade, but good for Chinese ambitions
  37. Too big to fail. The risks to Australian taxpayers from New Zealand banks
  38. Throw a sea cucumber on the barbie: Australia's trade history really is something to celebrate
  39. Low income, no assets, large credit-card debt: why more older Australians are declaring bankruptcy
  40. Dirty deeds: how to stop Australian miners abroad being linked to death and destruction
  41. As work gets more ambiguous, younger generations may be less equipped for it
  42. Gillette has it right: advertisers can't just celebrate masculinity and ignore the #metoo movement
  43. Stranger than fiction. Who Labor's capital gains tax changes will really hurt
  44. The financially well-off defy the stereotypes. They include retirees, and mortgagees
  45. Vital Signs: the power of not being too clear
  46. Recycling is not enough. Zero-packaging stores show we can kick our plastic addiction
  47. Gillette's corporate calculation shows just how far the #metoo movement has come
  48. The big lesson from Opal Tower is that badly built apartments aren't only an issue for residents
  49. More than unpopular. How ParentsNext intrudes on single parents' human rights
  50. New figures put it beyond doubt. When it comes to company tax, we are a high-tax country, in part because it works well for us