Eureka Street

Keywords: Economics

AUSTRALIA

Can Labor survive the inflation backlash?
- Joe Zabar
- 17 September 2024
As Australia heads toward the 2024 federal election, voters are grappling with soaring costs of living, stagnant wages, and weak GDP growth. Inflation is easing but prices remain stubbornly high. Will the Albanese government’s strategies to combat inflation satisfy an increasingly strained electorate?
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ECONOMICS

Australia’s property boom is splitting society in half
- David James
- 10 September 2024
As continued high interest rates and stagnant incomes put a strain on households, leading more Australians give up on the dream of home ownership, government attempts to manage both the cost of living crisis and the housing crisis may be doing too little too late.
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INTERNATIONAL

The two American freedoms
- Sarah Klenbort
- 21 August 2024
For a nation ‘conceived in liberty’, much of how this U.S. election will play out will hinge on different understandings of the word ‘freedom’, a term that has two distinct and separate meanings depending on whether the person you’re asking votes red or blue.
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ECONOMICS

Surge in protectionism creates new era of global trade
- David James
- 06 August 2024
In a world increasingly divided by geopolitical tensions, a new wave of protectionism is reshaping global trade. As nations turn inward, once-dominant economic models are being dismantled and new strategies are emerging. Is Australia prepared?
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INTERNATIONAL

Digital discrimination
- Gillian Bouras
- 04 July 2024
Digital dominance and the disappearance of print newspapers leaves older generations grappling with endless new tech. I still seek the tactile experience of newsprint — a challenge as publications move online. In an increasingly automated world, I’m not alone in reminiscing about the days when personal interactions were the norm.
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ECONOMICS

Waiting on the cash flow oracle
- David James
- 05 June 2024
Early every month Australians with big mortgages anxiously wait to find out if the Reserve Bank will raise interest rates and put more pressure on their domestic budgets. It is a bit like waiting for pronouncements from the modern day equivalent of the Delphic oracle.
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ECONOMICS

War is bad economics but very good business
- David James
- 09 May 2024
There is money to be made in war, especially from making weapons, and what we are witnessing at the moment in Ukraine and the Middle East is simply the latest episode in a story that goes back centuries.
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ECONOMICS

The biggest untold story in the history of money
- David James
- 03 May 2024
It is a truism to say that the way money is constructed defines the power structure under which we live. But allowing private actors to manipulate and game the financial system has not just given them extraordinary power, it has undermined the way money itself is understood.
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ECONOMICS

Where does nuclear fit in Australia's zero-carbon future?
- David James
- 04 April 2024
2 Comments
Big changes are occurring in the financial sector that suggest the climate change agenda is starting to lose crucial support with the world’s largest fund managers. As support for ESG goals wane, the conversation is shifting to nuclear energy. But does it make any financial sense?
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ECONOMICS

Review: The Shortest History of Economics
- David James
- 22 March 2024
Economics may be useless for forecasting, and its assertions can be overly simplistic. But it is a language that should be understood, and here is a good place to start. In simple and clear prose, Leigh spans the history of human economic activity, beginning in prehistoric times and ending with the modern day.
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ECONOMICS

The economy is in worse shape than you think
- David James
- 07 March 2024
4 Comments
The aggregate picture of the economy may seem healthy enough after two years of heavy immigration, over 800,000, and the return of students and tourists. But the elephant in the room remains. Australia is a two-tiered society sharply divided between people who own homes and people who do not. The generational divide is worsening.
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ECONOMICS

Are we in a post-industrial society?
- David James
- 20 February 2024
3 Comments
What does it mean when ideas of scarcity – supposedly the driving principle in understanding supply and demand – are no longer the only or best way to think about economic activity? What is needed to understand the post-industrial environment is a new way of thinking about economics and finance.
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Keywords: Economics