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r/AusEcon

Inflation in Australia among highest in the world as economists criticise Reserve Bank
▲ 13 r/AusEcon

Inflation in Australia among highest in the world as economists criticise Reserve Bank

afr.com
u/sien — 6 hours ago
▲ 6 r/AusEcon

Australia's Housing Shortage To Worsen As Home Building Falls Behind Population Growth

hia.com.au
u/sien — 17 hours ago
▲ 28 r/AusEcon

Whether you’re pro, anti or have no opinion on immigration and international students. Is it at all an issue that our entire economy relies on importing workers and massive international students? Can we ever changed this or no?

u/MannerNo7000 — 4 days ago
▲ 16 r/AusEcon+1 crossposts

Real House Price Index Comparison 8 Countries [OC]

Please see the FRED real house price income series index, where each series starts in 1990 all at 100, and is a 4 quarter moving average just to smooth it and make it easier to follow. 'Real' here just means adjusted for inflation. This is used to compare the house price growth rather than a comparison of price levels, as that can be hard with very different house types and starting points.

The graph is split up into those countries above the 8 country average and those below for the final quarter.

The data is from FRED, extracted using FRED API into matplotlib and then graphed.

u/david1610 — 3 days ago
▲ 49 r/AusEcon+2 crossposts

$3.18 billion a year — new study on migrant worker underpayment in Australia

UNSW/UTS just published the largest survey of migrant workers ever done here (10,000 respondents). Two in three migrant employees are paid less than they’re legally owed. International students alone are underpaid an estimated $61 million a week.

Built a free tool to check your own pay against the Fair Work minimum if anyone wants to use it: fairlanding.com.au

fairlanding.com.au
u/TinyTeddyUnderwear — 5 days ago
▲ 31 r/AusEcon

$3.5 trillion sitting in super and most of us still winging it

Was looking at some super data today and got stuck on this disconnect - australia has one of the biggest retirement savings pools in the world but the average person's drawdown strategy is basically "hope it works out"

The system is built for accumulation but goes weirdly quiet on the spending side. funds market the growth phase to death and then hand you a lump sum like good luck

Someone sent me a link to some retirement planning page from a sydney firm that framed preservation as the thing we neglect. Made me realise I've spent years obsessing over contributions and zero time thinking about what happens when the tap reverses

Structural problem or just human nature? probably both

reddit.com
u/Sufficient-Owl1826 — 5 days ago
▲ 0 r/AusEcon+1 crossposts

Does anyone here follow the economist and ex accountant Richard Murphy?

He is very good at explaining how modern economies work. Granted he usually talks about things from the perspective of the UK but, given that Australia and most of the west now operate under the same economic assumptions I find him to be very very good.

reddit.com
u/FairDinkumEcon — 7 days ago