Poll 60

Australia’s leading economists believe Australia can sustain an unemployment rate as low as 3.75% – much lower than the latest Reserve Bank estimate of 4.25% and the Treasury’s latest estimate of 4.5%.

The ESA Central Council and the heads of Economics departments at various Australian universities have had a number of discussions about declining enrolments in Economics and the lack of diversity in enrolments. There are low enrolments of women, but there are also low enrolments of students from disadvantaged backgrounds. This is largely due to the decline in the number of high schools that offer Economics as a subject. High schools in disadvantaged areas are particularly unlikely to offer Economics.

Poll 59

Our panellists were asked the following 2023 budget question: "On May 9, the government delivered a budget designed, in the Treasurer's words, to strike a balance between relief, repair and restraint'.  What grade would you give the budget, given that objective: A, B, C, D, E or F?"

Wes Mountain/The Conversation, CC BY-ND - https://creativecommons.org/licenses/by-nd/4.0/

The Australian Conference of Economists (ACE) 2023 was held from the 9 - 12 July 2023 in Brisbane, Queensland. 

The aim was to organise a conference with interest to all economists, both academic and professional. Only by a balanced approach of practice and theory can we solve the problems our society faces. 

Presentations are uploaded where permission has been received.

Poll 58

When panellests were asked to find an extra A$20 billion per year to fund government priorities like building nuclear submarines and responding to climate change, Australia’s top economists overwhelmingly back land tax, increased resource taxes, an attack on negative gearing and extending the scope of the goods and services tax.

Photo credit by Joshua Hoehne on Unsplash

The Reserve Bank has been releasing a large volume of digitised archival records to the public through our digital archive (called Unreserved). These records span nearly 200 years of Australia’s economic, financial and social history. The latest release includes records about the work and influence of Dr HC Coombs along with additional records from the Bank’s Research Department, with much of the new information covering the period from the Bank’s ‘separation’ from the original Commonwealth Bank in 1960 through to the early 1970s.