Younger workers to carry boomer population bulge
Australia’s economic model and social compact will be tested in coming decades as it searches for a policy consensus that can deliver quality service and not impoverish younger workers.
Australia’s economic model and social compact will be tested in coming decades as it searches for a policy consensus that can deliver quality service and not impoverish younger workers.
With an election coming into view, poor policy choices mean Australia faces more debt, higher taxes, cuts to services and weaker growth.
The budget update reveals the growing credibility gap between what Jim Chalmers says and what he does.
If you don’t immediately pick up the flight from Labor’s fiscal spin twins, you’ll lose your bearings – and your stumps.
The RBA’s new interest-rate setting board should have been done and dusted a year ago, but Canberra’s bare-knuckle politics got in the way.
Labor’s pre-election spending spree has eaten up the surplus and kept borrowing rates higher for longer. It’s time to tighten up.
The inflation dragon has not been slayed but pain relief for borrowers may come before next year’s federal poll.
A nasty US-China trade war and a plunge in our export earnings will make it much harder to fund social services – and fix the budget.
Like the Whitlam era’s spending splurges, Labor’s short-term fixes and stimulus are risky business.
Labor is at risk of a revolt from Millennials and Gen Xers, who have suffered the most from the big slide in our living standards.
Original URL: https://www.theaustralian.com.au/author/tom-dusevic