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Older, bigger, slower growing, more diverse. Living standards at risk of going backwards. These were the key takeaways from the latest Federal Intergenerational Report (IGR), writes Dr Liz Allen. The intergenerational bargain or contract, which implicitly suggests that the country handed to each subsequent generation is the same, if not better, than the socioeconomic conditions enjoyed previously, has been eroded. Increasing or maintaining living standards can no longer be guaranteed. Australia’s dumb luck has run out.
CEDA Senior Economist Melissa Wilson discusses research that shows how improving management practices in Australia could significantly boost productivity.
Read more Opinion article March 18, 2020The Airport Economist, University of New South Wales Business School J.W.Nevile Fellow in Economics, Tim Harcourt, writes that what happens in the coming months will determine whether Australia's airlines make it through the corona virus crisis. "This is all about short term survival and cash flow. Provided the airlines can get through this temporary grounding they will survive."
Read more Opinion article May 14, 2015