NEW REPORT OUT NOW
Older, bigger, slower growing, more diverse. Living standards at risk of going backwards. These were the key takeaways from the latest Federal Intergenerational Report (IGR), writes Dr Liz Allen. The intergenerational bargain or contract, which implicitly suggests that the country handed to each subsequent generation is the same, if not better, than the socioeconomic conditions enjoyed previously, has been eroded. Increasing or maintaining living standards can no longer be guaranteed. Australia’s dumb luck has run out.
There are growing calls for governments and employers to pull all possible levers to address Australia’s productivity crisis. One contributor to the crisis that has received less attention is the lingering mental health impact of the COVID-19 pandemic, and how to address it. Workers have been feeling overworked and burnt out in the aftermath of the pandemic. Australian workers appear to have suffered more than others, writes CEDA Chief Economist Cassandra Winzar and Senior Economist Melissa Wilson.
Read more Opinion article February 6, 2023Treasurer Jim Chalmers’ recent essay on “values-based” capitalism has elicited strong responses from all sides of the economic debate. While it is encouraging to see Australians engaged in a conversation about the future economic direction of the nation, the intensity of the response has been surprising, writes CEDA CEO Melinda Cilento.
Read more Opinion article June 3, 2020In the first in a regular series on the Australian labour market for CEDA's Recovery: coming back better project, CEDA Senior Economist, Gabriela D'Souza, shows that COVID-19 is already having a significant impact on the labour market, particularly among young people.
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