Looking for an economics speaker? Stephen Koukoulas - Australia's leading economic commentator.

Speaking

The Kouk's Influencers

What is happening in the Australian economy? How important is China or the rest of the world to our well-being. Consumers are spending again, housing is booming despite the naysayers. The Aussie dollar has fallen sharply, will it keep going? What about interest rates, vital for big and small business and mortgage holders alike. What about the budget, does a surplus matter? What do cuts in government spending mean? All of these questions and more can be addressed in Stephen's presentation on cause and effect in economics.

This presentation can include analysis and information on the influence of:

Financial markets
Housing
Mining
Consumer spending
The Budget
Interest rates and inflation
The world economy
Jobs and the labour market
The effect of politics on your business segment

Enquire Now

The Kouk's Outlook

If you need a reliable, accurate, thought provoking and informed economic forecasting at both local and international levels, look no further. Informed by Stephen's exceptionally broad experience and background, his presentation ties together complex policy changes with current macroeconomic data to provide comprehensive insights into how unfolding economic trends will impact on you and your business.

This presentation can be tailored to include a wide range of topics including:

Where the economy is going
Which sectors are strong? Which are in decline?
What are the economic opportunities in the near term or over the next few years?
Given no one has perfect foresight, what are the main economic risks ahead?
Local and international forces
Commodity prices and China?

Enquire Now

THE LATEST FROM THE KOUK

Why don’t governments deliver policies that are good for the electorate?

Mon, 21 Aug 2017

This article first appeared on The Adelaide Review site at this link: https://adelaidereview.com.au/opinion/politics/paying-fair-share/

------------------------------------------------

Paying Their Fair Share

It’s the age-old question: why don’t governments deliver policies that are good for the electorate? Well, the answers are numerous.

Politics and policymaking should be simple. After all, being in government and delivering what voters want — making them happy in other words — and increasing the chances of re-election seems to be the proverbial win-win scenario.

Which begs the question, why don’t political parties do it?

Why don’t they deliver policies that are good for the electorate and good for their re-election chances?

Let’s cut to what the voters, in general, want.

A policy framework where each person who wants a job gets a job is key. In addition, access to quality and affordable health care and education, from kindergarten to university to trades training is fundamental. There are other issues that are basic, simple and fair.

Voters want the government to provide aged-care services that treat the older members of society with dignity. We want decent infrastructure, especially pubic transport and roads. We want people who are doing it tough to be supported by a welfare safety net — a decent rate of pension, unemployment benefits and disability support.

So far, so good.

Be the first to comment!

Australia has given up on solving unemployment

Sun, 20 Aug 2017

This article first appeared on The New Daily website at this link: https://thenewdaily.com.au/money/finance-news/2017/08/16/stephen-koukoulas-unemployment/

-----------------------------------------------

Australia has given up on solving unemployment

It is a sad state of affairs to realise that the current crop of Australian policy-makers have effectively given up on reducing unemployment.

Treasury reckons that the lowest the unemployment rate can go without there being a wages and inflation breakout is around 5.25 per cent.

The Reserve Bank of Australia notes something similar, forecasting that even when the economy is growing strongly at an above-trend pace, the unemployment rate will hover between 5 and 6 per cent.
The current unemployment rate is 5.6 per cent or some 728,100 people – enough to fill the Melbourne Cricket Ground about seven times.

Given the Treasury and RBA estimates, it looks like Australia will never see fewer than about 700,000 people unemployed – no matter what kind of improvement we see in the latest jobless figures on Thursday.
It seems to be a peculiarly Australian issue. In the US, the unemployment rate is 4.3 per cent, in the UK it is 4.5 per cent, in Japan it is 2.8 per cent while in Germany, the unemployment rate is 3.9 per cent. And none of these countries is experiencing a wage/inflation problem. Indeed, even with the very low unemployment rate in Japan, wages are actually falling.

Be the first to comment!