Nick Hossack

The Australian Bureau of Statistics (ABS) publishes a high-quality data series titled the Monthly Business Turnover Indicator. These statistics offer insight into the short-term movements in economic activity across selected industries. Derived from Business Activity Statement (BAS) data submitted to the Australian Taxation Office (ATO), the series tracks monthly changes

News reports have suggested that the 'moderate' wing of the Liberal Party is on the verge of splitting and forming a new political party. Those on the Liberal 'Right' are convinced the party was too wishy-washy in its policy prescriptions and should have been bolder—specifically,

A positive development since the emphatic Labor win at the election is the renewed discussion about the potential for productivity-enhancing economic reforms. Encouragingly, this is not being ruled out by anyone. The Treasurer has colourfully noted that the primary economic task for the first Labor Government was to tackle inflation

It is easy to get bogged down in complex explanations as to why Labor had an historic Federal election win. No doubt a contributing factor is revealed in the chart below. Since 1978, the average unemployment rate in Australia has been 6.19%. Of all our Prime Ministers, Albanese has