When Treasurer Josh Frydenberg hands down his maiden budget next week, it will be an election document bloated by the proceeds of mining revenues — but that sudden influx of cash and the spin that goes with it, sits strangely at odds with a general sense of funk over the direction of our economy, writes Ian Verrender.
Category Archives: Economic and Social Development
300 public service job cuts planned in NT cost-cutting blitz
The NT Government announces plans for the new public service jobs cap at the same time as it stares down a no-confidence motion in parliament, brought on by the Opposition CLP who accused the Government of mishandling the economy.
‘We might get our pub back’: $50 million jetty replacement gives town new hope
The Mandorah Jetty was originally constructed in the late 1960s and was badly damaged during the 1974 Christmas cyclone. Now, after years of patchy repairs and upgrades, the NT Government bites the bullet and commits to a replacement with expected completion in 2022.
Can political elites at Davos mend rising populism and inequality, or are they part of the problem?
The world's richest and most powerful people are gathered in Switzerland to tackle pressing global issues, but analysts say the model over which they preside is fuelling populism and increasing inequality.
Paris police use tear gas and water cannons on ‘yellow vest’ protesters
As President Emmanuel Macron's popularity continues to plummet, French protesters take to the streets over rising fuel costs, an issue that taps into broader disquiet about the direction of the Fifth Republic.
How Australia can avoid its own Day Zero
From Sao Paulo to Bangalore, researchers have watched Cape Town deal with a crisis that could unfold in their own drought-prone cities. Australian cities need to pay attention.
Controversial NT Infrastructure Development Fund axed
A controversial development fund, costing Territorians an estimated $200,000 a month despite only making one investment, is dissolved by the Northern Territory Government, freeing up $185 million in funding.
Wonder Down Under: Is Australia’s luck running out?
When you compare Australia's economic record and standards of living, it's not hard to see how we became known as the 'lucky country'.
Do you earn enough to rent in inner Melbourne stress free? Not likely
Victorians looking to rent a three-bedroom home in inner Melbourne are on average making $50,000 less than what they need to live without housing stress, a new report finds.
Adelaide’s tallest building approved, but is it time to resurrect the old?
As what will be Adelaide's tallest building is approved, those concerned about a myriad of untenanted buildings in the CBD want to see a replication of the strategy that helped turn Melbourne into the growing city it is today.