Tag Archives: consumption

Circular economy chat with Craig Lawrence – my latest podcast episode

I recorded a great interview with my colleague Craig Lawrence of Lytton Advisory earlier this week on the concept of a Circular Economy, which is creeping into economic and environmental policy discussions and into government publications. For instance, the Circular … Continue reading

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Imperative to avoid bad policy measures like super increase which would set back recovery

Prime Minister Scott Morrison is right to consider delaying the legislated increase in the 9.5% superannuation guarantee rate, which is scheduled to start increasing by half a percentage point each year from 1 July 2021 until it gets to 12%. … Continue reading

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Qld economy was goosed up by gov’t spending in final quarter of 2018

Australia’s weak 0.2% GDP growth in December quarter has prompted talk of a “per capita recession”, as our economy has now been growing at a slower rate than the population for two consecutive quarters (see this SMH report). The national … Continue reading

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Recommended reading: Empire of Things

In 2015-16, Australian households consumed $929 billion of goods and services. Consumption is central to our economy. In the Great Depression, John Maynard Keynes exhorted Britain’s “patriotic housewives” to spend money at the sales, lest they put a man out … Continue reading

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Consumers and businesses lacking confidence – growth may be even more sub-par

Yesterday’s ANZ-Roy Morgan Consumer Confidence figures show a slump in consumer sentiment, possibly caused by last week’s Federal Budget (see MacroBusiness’s story The epic crash in consumer confidence). The ANZ-Roy Morgan media release notes: ANZ-Roy Morgan Consumer Confidence fell a further … Continue reading

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Greater uncertainty over 2013-14 economic outlook

The last 24 hours have seen the release of a sobering NAB report on its monthly business survey (Business conditions collapse in June, retail worst hit, says NAB) and the latest IMF World Economic Outlook, which has slightly downgraded China’s … Continue reading

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