A couple of years ago, the government changed the rules so that families on $150 000 a year or more wouldn’t be eligible to receive family payments. There were the predictable cries of ‘class warfare’, but there were also claims that $150 000 in Australia leaves you struggling to make ends meet.
Has the Fair Work Act made the labour market less efficient at matching unemployed people to jobs? One way economists would try to answer that question is with the Beveridge curve.
Should we consider the croupiers at Crown Casino to be public sector employees? How about people who file away books at the National Library of Australia? The answers to those questions seem to be yes and no, respectively, according to the Institute of Public Affairs.
Tasmania has set an unfortunate record: it’s the first Australian state in which less than half of all adult men are employed full time. In the lead-up to the financial crisis, the proportion of Tasmanian men in work soared, rising faster than the national ratio, but it has since plummeted. In February 2013, just 48.3% of Tasmanian men aged 15 and over were in full-time work; this was 8.3 percentage points below the national figure of 56.6%.
Imagine that it’s grand final day, only rather than being the massive television spectacle we’re accustomed to, no cameras or journalists are allowed inside the MCG. No spectators are allowed to communicate the score with anyone outside the ground.
In late 2010, we set an all-time record for the Australian economy: nearly 66% of people aged 15 and over were either employed, or were actively looking for work. To put that in perspective, the labour force participation rate has averaged 63.2% since 1980.
The extraordinary growth in the relationship between perceptions of the Prime Minister and the electoral fortunes of the government they lead. A statistical analysis of our new primary dynamic.
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