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Back to the future budget delivers jobs, but no pay rises

Back to the future budget delivers jobs, but no pay rises

This budget fails to deliver either Keynesian stimulus big enough to kick the economy into a new gear or the supply-side reforms that would unleash a private sector-led recovery.

  • by Jessica Irvine

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The world is partying hard on free money, but beware the hangover

The world is partying hard on free money, but beware the hangover

Central banks have pumped a fresh $US8 trillion into global liquidity since the pandemic was declared last year.

  • by Peter Hartcher
Yallourn exit ratchets up risk of future blackouts in Victoria, SA

Yallourn exit ratchets up risk of future blackouts in Victoria, SA

The early closure of the Yallourn coal-fired power plant has forced authorities to declare a heightened threat of blackouts in Victoria and South Australia in less than 10 years.

  • by Nick Toscano
Years of neglect won’t make it easy to get wages up

Years of neglect won’t make it easy to get wages up

As the migrant tap to fill labour shortages is temporarily closed, business’ neglect of investment in training and technical skills has been highlighted.

  • by Ross Gittins
Young shun CBD as back-to-office process stalls
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City life

Young shun CBD as back-to-office process stalls

The high rate of post-pandemic youth unemployment, a greater propensity to shop online and the absence of international students are reducing the proportion of young people walking the city’s streets.

  • by Noel Towell and Jackson Graham
Property price rises are a welcome sign of a return to normal

Property price rises are a welcome sign of a return to normal

Policy makers should not panic about the rises of the past few months but home buyers must be prepared for an increase in mortgage rates.

  • The Herald's View
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Our closed borders have turbo-charged the economy’s recovery

Our closed borders have turbo-charged the economy’s recovery

The economy’s rebound from the lockdowns of last year has been truly remarkable – far better than anyone dared to hope. Even so, it’s not quite as miraculous as it looks.

  • by Ross Gittins
Biden’s risky spending poses a danger for the world

Biden’s risky spending poses a danger for the world

Joe Biden’s spending spree is unlike anything peacetime America has seen and has global implications.

  • by Liam Halligan
CBD shops, eateries face struggle for survival amid ‘quadruple whammy’
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Insolvency

CBD shops, eateries face struggle for survival amid ‘quadruple whammy’

Hundreds of food, hospitality and retail businesses in central Melbourne will bear the brunt of a wave of business failures and insolvencies in the next six weeks.

  • by Noel Towell
‘Weapons grade bulls---’: Property data challenges sales blather

‘Weapons grade bulls---’: Property data challenges sales blather

Australia’s dotcom pioneer Evan Thornley has crunched the data on Melbourne real estate investments and his findings might surprise.

  • by Noel Towell
Biden is rediscovering America’s lost soul with his spending spree

Biden is rediscovering America’s lost soul with his spending spree

The President is being anything but “un-American” as he seeks to get the US back on track with a spending binge.

  • by Ambrose Evans-Pritchard