Economy
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The NACC and the economics of corruption
When corruption really gets into the bones of a society the damage it does to institutions can take generations to…
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‘It’s soul-destroying’: how people on a housing wait list of 175,000 describe their years of waiting
An individual usually has to be in “greatest need” to get on the list. Alan Morris The Conversation Even then,…
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‘Greed is amoral’: how Wall Street supermen cashed in on pandemic misery and chaos
New York finance journalist Scott Patterson reports how savvy investors used the devastation of the pandemic to reap billions in…
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Norway’s DNO claims largest hydrocarbon discovery in 10 years
DNO is assessing the reserve potential from the Carmen discovery. Preliminary data put the gross recoverable reserves in the range…
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Robodebt was a scandal. Should economists bear some responsibility for it too?
The Royal Commissioner Catherine Holmes, former Queensland Supreme Court chief justice, says we need to change our social attitudes to people…
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Sanctioned Russian Bank to Begin Money Transfers to Turkey
Moscow and Ankara are poised to deepen their financial relationship by facilitating the flow of Russian money into the Turkish…
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The Global Minimum Corporate Tax Needs More Work
Their efforts are perfectly understandable, given that the agreement’s main provisions may have done more harm than good. Joseph E.…
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ECB raises interest rates to highest in 22 years
The ECB raised all three of its key interest rates by 0.25 percentage points, taking the key deposit rate to…
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Warning UK mortgage rates set to rise further
Broker London & Country said lenders had been withdrawing deals and raising rates at a “relentless pace” and this week…
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ATO data shows 66 millionaires paid no income tax in 2020-21, with eastern Sydney postcodes home to the richest people
Sixty-six people earned more than $1 million and paid no income tax in 2020-21, while the majority of Australia’s highest…
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Digital currencies, Dimitra, and civil liberties
The pre-election climate in Greece is “electrified” and the dialogue extends to the creation of a monetary policy centered on…
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Squeezed out of the Australian dream: Two-thirds of young people are giving up on home ownership
Young Australians and middle-income earners have given up on ever buying their own homes amid mounting evidence the nation’s dysfunctional…
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Inequality on steroids: The distribution of economic growth in Australia
Since World War Two, the majority of the benefits of economic growth have flowed to the bottom 90 per cent…
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When you change the government you change the country’. Today, it’s the other way round
It was truer than it is now. Today, we have a country that is waiting for governments to catch up…
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Banning China from Owning US Farmland Will Achieve Nothing
A new bipartisan bill would prohibit anyone associated with “foreign adversaries” like China from purchasing US farmland. Nancy Qian While…
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Why Both Washington and Beijing Are Taking Notice of Bolivia’s Economic Woes
Bolivia’s economy is running aground, squeezed by higher global interest rates and policy missteps. Scott B. MacDonald The National Interest…
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