With a cost of living crisis on the horizon, there are risks in the Buy Now, Pay Later space for both users and companies, say UNSW Business School researchers.
The 2022-23 budget is the result of a good plan, well executed. But whichever party next takes government must close the deficit gap – without resorting to austerity.
The US debt ceiling is a form of self-delusion: a limit imposed on a borrower by the borrower itself. Australia had one until the Coalition and the Greens abolished it.
With the government taking on record debt in a bid to pull Australia out of recession, infrastructure-related spending must be carefully managed, says UNSW Business School.
The Australian federal Government has announced multiple billion dollar stimulus packages as well as quantitative easing. But where is all this money coming from and who is going to pay for it?
Nothing is certain except for death and taxes. And even after death, taxes are one of the first liabilities to be paid off, but what about the rest of your debts?
Employment rising, consumer spending growing but wages are still stuck. Therein lies the problem for the Reserve Bank of Australia, writes Richard Holden.
