Pitch Engine
The Times Real Estate

.

Exclusive. Top economists back budget push for an unemployment rate beginning with '4'

  • Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
Exclusive. Top economists back budget push for an unemployment rate beginning with '4'MIA Studio/Shutterstock

Australia’s top economists have overwhelmingly backed a decision by Treasurer Josh Frydenberg to reset the budget strategy so that it prioritises achieving an unemployment rate of between 4% and 5% over reducing debt.

Australia hasn’t had an unemployment rate below 5% since 2011.

It hasn’t had an...

Read more: Exclusive. Top economists back budget push for an unemployment rate beginning with '4'

More Articles ...

  1. Contrary to popular belief, middle-aged entrepreneurs do better
  2. Without the right financial strategies, NZ's climate change efforts will remain unfinished business
  3. Why productivity growth has stalled since 2005 (and isn't about to improve soon)
  4. Post-JobKeeper, unemployment could head north of 7%: here's why
  5. 'They track our every move': why the cards were stacked against a union at Amazon
  6. Australia's economy can withstand the proposed European Union carbon tariff — here's what we find
  7. Vital Signs: the pros and cons of diversity in organisations
  8. 8 years after the Rana Plaza tragedy, Bangladesh's garment workers are still bottom of the pile
  9. Small shareholders can be left worse off when companies raise funds. Here's how to protect them
  10. Sometimes people can do with a break: 3 ways tax debt relief rules are too tough
  11. Jobs for men have barely grown since the COVID recession. What matters now is what we do about it
  12. Financial stress in 3 graphs: there's fewer of us in it, but for those who are, it's worse
  13. COVID-19 cost more in 2020 than the world's combined natural disasters in any of the past 20 years
  14. To abandon vaccination targets is to abandon the mantle of leadership
  15. Christine Holgate's 'principal' error was applying corporate logic to Australia Post
  16. Did somebody say workers' rights? Three big questions about Menulog's employment plan
  17. With the trans-Tasman travel bubble about to open, how much should the tourism industry get its hopes up?
  18. Home prices are climbing alright, but not for the reason you might think
  19. Not wiped out. Even after the collapse of Greensill, there's time to save Whyalla
  20. Resistance to raising the minimum wage reflects obsolete economic thinking
  21. New Zealand’s new housing policy is really just a new tax package — and it’s a shambles
  22. Housing affordability is a problem. Here's why super-for-housing isn’t a solution
  23. Vital signs: to fix Australia's housing affordability crisis, negative gearing must go
  24. Company directors can't serve two masters: what went wrong at Australia Post
  25. JobKeeper and JobMaker have left too many young people on the dole queue
  26. The successor to JobKeeper can't do its job. There's an urgent need for JobMaker II
  27. The paradox of going contactless is that we're more in love with cash than ever
  28. Hostage to fortune: why Westpac could struggle to find the right buyer for its NZ subsidiary
  29. Please, no more questions about how we are going to pay off the COVID debt
  30. Curbs on press freedom come with a cost, new research reveals
  31. Is that a good egg? How chocolate makers rate on social and environmental measures
  32. Vital Signs: swaps, options and other derivatives aren't just for the financial elite
  33. A shocking statistical fact that will change the way you think about the gender pay gap
  34. Prince Harry’s critics have a point: woke capitalism is no solution
  35. Now they want to charge households for exporting solar electricity to the grid — it'll send the system backwards
  36. The true cost of the government's changes to JobSeeker is incalculable. It's as if it didn't learn from Robodebt
  37. A better deal for Uber drivers in UK, but Australia's ‘gig workers' must wait
  38. Already badly off, single parents went dramatically backwards during COVID. They are raising our future adults
  39. For many military veterans, leaving the force is the biggest battle
  40. New Zealand businesses must adapt to a fragmented post-COVID global economy
  41. Vital Signs: the best thing for jobs now is to accelerate the vaccine roll-out
  42. The European Union wants to impose carbon tariffs on Australian exports. Is that legal?
  43. What happens when you free unemployed Australians from 'mutual obligations' and boost their benefits? We just found out
  44. Super funds have been working for themselves when they should have been working for us. That's about to change
  45. Yes, women retire with less than men, but boosting compulsory super won't help
  46. More talk, no action: Australia's approach to trade rules restraining vaccine production
  47. 'They lost our receipts three times': how getting an insurance payout can be a full-time job
  48. Previous governments blocked it, but anti-slavery law should now be an urgent priority for New Zealand
  49. It's great to want wage growth, but the way we're going about it could stunt the recovery
  50. Israel shows how to do vaccinations right. It's a race, and we're behind