The Australian Bureau of Statistics (ABS) has released the unemployment figures for May. Unemployment in May dropped from 4.5% to 4.4%, which is good news. Although, for now, the broader trend seems to be one of increasing unemployment.
Today, the ABS has released its latest survey on barriers to work, and more than a quarter of women aged 18-64 who were not retired but would like to work, or would like to work more hours, cited child care as the main reason for not doing so.
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According to the Australian Financial Review (AFR), Tania Constable, the head of the Minerals Council of Australia (MCA), was in Canberra yesterday ‘launching a “Hands off our Fuel” online messaging blitz’. Unsurprisingly, the mining lobby's ads are full of misleading, or downright false, claims.
Each year, the Australian Bureau of Statistics (ABS) puts out its 'Australian Industry' figures, providing a detailed snapshot of how different sectors of the economy are performing. This year’s figures cover the 2024-25 financial year. And the sector with the highest profits margin (by a sizeable margin) was the oil and gas sector.
Over the weekend, we got some modelling that claimed the changes to negative gearing would increase rents by $2,000 per year, or $40 a week. Now, economic modelling can be a powerful tool to understand the impacts of a policy change. But if it doesn’t properly capture relevant changes, it can produce completely nonsensical results.
One of conservative media's favourite stories is finding property and fund manager researchers to speculate about how much house prices will fall. When you look at the data though, maybe it's time to calm the farm about these falling house prices.
It might surprise people to realise just how little a majority of Australians earn. We are often told about average earnings and even average full-time earnings. But averages are not “the middle”. They are merely the sum of all earnings by all people working in Australia divided by the number of those workers.
Despite the backing of its own review into firearm laws and Victorian police, the State Government has refused to crack down on gun ownership.
Australia’s total foreign aid budget was $5.097 billion in 2025-6. According to Animal Medicines Australia’s major survey and study of pet ownership, Australians spent $21 billion on their animals in the year to March 2025.
The latest annual taxation statistics from the ATO reveal that the gender pay gap remains very real and spans almost every occupation. Once we remove the 34 occupations where 10 or fewer men or women work (which distorts the averages), men have a higher average salary in 96% of the remaining 1,067 occupations.
