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GDP

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The economy’s just the means to an end. So, are we getting our money’s worth?

The economy’s just the means to an end. So, are we getting our money’s worth?

Our materialism puts us on a “hedonic treadmill”. We think buying a bit more stuff will make us happier and, at first, it does. But pretty soon the thrill wears off.

  • by Ross Gittins

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Australia’s fossil fuel giants set to take multibillion-dollar hit

Australia’s fossil fuel giants set to take multibillion-dollar hit

Australia’s gas and coal exporters face a tricky next five years with prices expected to keep tumbling.

  • by Nick Toscano
How Australia’s economy is faring – in five charts

How Australia’s economy is faring – in five charts

In the midst of a cost-of-living crisis, the national accounts give us an insight into the performance of the economy. Here are five graphs to explain it all.

  • by Shane Wright and Rachel Clun
The big China gamble that could sink Marles’ navy overhaul
Analysis
Defence

The big China gamble that could sink Marles’ navy overhaul

The navy’s $11 billion reboot is fine on paper - as long as we don’t need to go to war any time in the next decade.

  • by Matthew Knott
The multitrillion-dollar dilemma facing the US

The multitrillion-dollar dilemma facing the US

The soaring US economy and a surging Wall Street have created a problem for the world’s leading central bank.

  • by Stephen Bartholomeusz
China hits its growth target, but no one’s impressed

China hits its growth target, but no one’s impressed

GDP growth last year met a target of “about 5 per cent” but the detail in Wednesday’s economic data highlights the deep-seated problems confronting China.

  • by Stephen Bartholomeusz
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China’s relentless quest for growth is a toxic feedback loop of its own making

China’s relentless quest for growth is a toxic feedback loop of its own making

China’s economy is now so big that its $US900 billion annual goods surplus is destabilising world trade, like an elephant in a rowing boat.

  • by Ambrose Evans-Pritchard
Can’t afford the sugar to coat these poor national accounts

Can’t afford the sugar to coat these poor national accounts

Consumers have been flattened by taxes, inflation and the Reserve Bank.

  • by Shane Wright
Higher interest rates, tax payments drive real incomes to record lows

Higher interest rates, tax payments drive real incomes to record lows

The national economic figures show households were already struggling before the Reserve Bank board lifted interest rates in November.

  • by Rachel Clun
Why our standard of living will be rising more slowly

Why our standard of living will be rising more slowly

The likelihood is the economy will be growing more slowly from now on.

  • by Ross Gittins
We need economic growth to make us better off, right? Well, actually ...
Opinion
Opinion

We need economic growth to make us better off, right? Well, actually ...

Unending growth in the economy simply isn’t physically possible, and the more we keep growing the more we’ll damage the natural environment, to our great cost.

  • by Ross Gittins