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Tag Archives: minimumwage
Optimism at home, big inflation concerns abroad – catch up with my livestream at 11.30am AEST
While Australian economic policy makers are forecasting a growing economy with moderate inflation, policy makers elsewhere are concerned about accelerating inflation. In the federal budget update released yesterday, the Treasury has forecast a growing economy with inflation within the RBA’s … Continue reading
Posted in Budget, Macroeconomy
Tagged australia, bankofengland, bankrate, inflation, jobs, minimumwage, queensland, turkey, uk, usa, usfed
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On Adam Smith and Margaret Thatcher with Dr Eamonn Butler – latest podcast episode
First, I should say that Gillian Anderson nailed Margaret Thatcher’s voice and mannerisms in season 4 of the Crown, but she had to work with some pretty dreadful scripts at times. Thatcher was cast as the villain responsible for high … Continue reading
Posted in Uncategorized
Tagged adamsmith, adamsmithinstitute, britain, imf, london, minimumwage, neoliberalism, netflix, pricecontrols, stateintervention, thatcher, thecrown, uk
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Minimum wages and employment podcast discussion
Apart from Joe Biden winning the US Presidency and the Democratic Party otherwise under-performing, in my view, the major news coming out of last week’s elections in the US was Florida voting to increase its minimum wage to $15/hour by … Continue reading
Low wages growth & the drop in household saving – 612 ABC Brisbane panel discussion
Low wages growth and the drop in household saving recorded in the June quarter National Accounts were considered in a panel discussion I participated in on Emma Griffiths’s 612 ABC Brisbane Focus program yesterday morning, which you can listen to … Continue reading
Posted in IR, Labour market, Macroeconomy, Uncategorized
Tagged 612abcbrisbane, abc, cciq, minimumwage, qcu, saving, smallbusiness, trade, treasury, unions, wages
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Unemployment rate is partly a policy choice – cut regulation to create jobs
Upon the retirement of Treasury Secretary Ted Evans in 2001, then Prime Minister John Howard noted: Ted…has been a leading contributor to public debate, particularly issues of structural reform, such as the functioning of the labour market. He highlighted the … Continue reading
Posted in Labour market
Tagged minimumwage, penaltyrates, qld, queensland, regulation, taxis, unemployment
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Minimum wage reduces retail jobs available for young people
Walking around the newly renovated Indooroopilly Shoppingtown in Brisbane’s western suburbs recently, I was struck by how many high-end clothing and jewellery stores there now are in the centre. Partly this would be because high-end shops would be more likely … Continue reading
Posted in Labour market, Retail trade
Tagged australia, minimumwage, pc, productivitycommission, retailtrade
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