Griffith Business School academics break down the reasons Australia's banks have been brought to task - and what lies ahead for consumers and the industry.
Department of Accounting, Finance and Economics
A member of both APEC and the G20, Indonesia has the largest economy in South East Asia which, since the Global Financial Crisis, has experienced strong sustained economic growth around five per cent. With a population over 260 million, more than ten times Australia’s, Indonesia is the world’s third largest democracy. In 2017-18 Australia will […]
From broad analysis to issues such as power prices, politics and the regions - Griffith University has an expert on hand.
Tony Makin, Griffith University In this ‘Economy in transition’ series, we explore the new economy facing Australia and the opportunities available to help the country shift from a minerals-led powerhouse, to a smart competitor in emerging global sectors. Today, we look at the sectors expected to lead Australia’s “pivot” from mining. It’s no secret the […]
Griffith Asia Institute
“It’s rare to hear the term economic rationalism these days, a phrase used often in the past to dismiss policy initiatives aimed at improving productivity and economic growth, such as dismantling trade barriers, introducing competition policy, decentralising the labour market, liberalising foreign investment and privatising state assets.” Prof Tony Makin writes an opinion piece for […]
A budget squeeze could be on the cards next week, after the Reserve Bank of Australia’s decision this week to cut interest rates to a record 2.75% low. That’s the view of Griffith University Professor of Economics, Tony Makin, who believes the treasurer must move to curb the effect of the strong Australian dollar. “The […]
Today’s interest rate cut to a record low has been welcomed by Griffith University Professor of Economics, Tony Makin, who described it as a necessary move. “An interest cut is necessary as the non-mining economy is flat-lining in large part due to the strong dollar,” Professor Makin said. The Reserve Bank of Australia cut the […]