Nations that score higher on economic complexity typically prove more resilient to shocks. Improving Australia's woeful global ranking is a top priority for the Centre for Policy Development.
Economy
Might the solution to productivity woes lay not with the government but with business leaders themselves?
Reserve Bank deputy governor Andrew Hauser has had a tough ride with the media. But while he impressed today, the reaction to the central bank's minutes show it still faces comms challenges.
It's going to be a short week in Canberra but by no means a quiet one as debate heats up on housing policy and several RBA officials take the stage.
A surprise retail rebound in August has economists debating whether fiscal measures or warm weather drove the surge, with concerns rising over rates.
With two consecutive surpluses under its belt, the government may well be tempted to pull the pin on an early election.
Moves by China to stimulate the world’s second-largest economy are already affecting the ASX — and will have profound implications for Australia beyond that.
The political debate about the economy will only intensify with new house prices data and budget surplus figures set to dominate the week ahead in macro.
Prime Minister Anthony Albanese and Treasurer Jim Chalmers are considering changes to negative gearing but the process is in its early stages, sources told Capital Brief.
