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News
Recent Media Releases
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Inflationary pressures building up, here and overseas …
Despite stronger than expected GDP growth in June, the Melbourne Institute forecasts modest growth in GDP and employment in the quarters ahead.
- Lowest share of debt free households on record
The Melbourne Institute household financial conditions index fell to 32.7 in September from 33.7 in June.
- Consumer Inflationary Expectations rose to 3.1 per cent
The median expected inflation rate, reported in the Melbourne Institute Survey of Consumer Inflationary Expectations, increased to 3.1 per cent from 2.8 per cent in August.
- The Australian Economic Review - September issue
This issue of the leading quarterly journal AER includes an article on ‘The Challenges of Climate Policy’ by Timothy J. Brennan. The Policy Forum section of this issue includes five articles on ‘Saving for Retirement’.
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Outlook is beleaguered by uncertainty
Recently economic news both from overseas and Australia point to uncertainty in the domestic economy. At home, economic indicators do not give a coherent story. Abroad, growth is slowing but by how much is still uncertain
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Pay growth slows to 4.0 per cent
The August release of the quarterly Melbourne Institute Wages Report shows that total pay growth over the 12 months to August 2010 slowed to 4.0 per cent.
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Shareholder Confidence Rebounds Despite Federal Election Uncertainty
Investors less certain about next 12 months. Past performance of the Global Proxy-Melbourne Institute Shareholder Confidence Index™ establishes it as the leading sharemarket indicator.
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A concerted global deceleration seems imminent.
The Melbourne Institute Monthly Bulletin of Economic Trends (MBET) in July states that although global growth is still positive, a concerted deceleration seems imminent. The question now is whether the world can ward off a double dip recession.
- Female GPs earn 25 per cent less than male counterparts.
This research result, and other findings on the doctor shortage in country areas, are from a research Working Paper released on 21 July — What Factors Influence the Earnings of GPs and Medical Specialists in Australia? The study is based on data from the national longitudinal survey of doctors called Medicine in Australia: Balancing Employment and Life (MABEL).
- Consumer Inflationary Expectations fell slightly
The median expected inflation rate, reported in the Melbourne Institute Survey of Consumer Inflationary Expectations, decreased marginally to 3.3 per cent in July from 3.4 per cent in June.
- Slow and Steady Growth Ahead
Growth in Real GDP in Australia is weaker than expected, but forecasts are for slow and steady growth ahead.
- Household financial position improved in June 2010.
- Disturbing Developments Ahead
Disturbing economic developments, both overseas and domestic, have prompted a less optimistic outlook for the Australian economy than a month ago. Dr Michael Chua in the Macroeconomics team said “While we continue to expect growth in the economy, troublesome developments have caused us to be concerned about the likely pace of growth.
- New research shows job fears increased at the onset of the GFC, but not by much
New research showing the GFC had little impact on Australian perceptions of job security was released today by the Melbourne Institute in its Annual Report of the Household, Income and Labour Dynamics in Australia (HILDA) Survey.
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MABEL Survey Wave 3 'goes live', June 10 2010
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Melbourne Institute Household Saving and Investment Report, March 2010
Household Financial position fell in the March quarter of 2010.
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Consumer Inflationary Expectations remain unchanged - March 2010
The median expected inflation rate remained at 3.2 per cent in March.
- New Director at Melbourne Institute
Speeches
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Professor Deborah Cobb-Clark’s Inaugural Public Lecture
Professor Deborah Cobb-Clark delivered her Inaugural Public Lecture, ‘Disadvantage across the Generations: What Do We Know about Social and Economic Mobility in Australia?’ on 22 July 2010 at the University of Melbourne. Professor Cobb-Clark’s lecture addressed findings about the extent of social and economic mobility in Australia; the pathways through which social and economic disadvantage is passed from one
generation to the next; and the challenges for policy makers and researchers.
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The New Australian Resource Rent Tax
Professor Ross Garnaut AO, Vice-Chancellor’s Fellow and Professorial Research Fellow, gave this lecture at the University of Melbourne on 20 May 2010. Professor Garnaut discusses the proposed Resources Super Profits Tax as a form of mineral rent taxation, the transitional issues, and analyses its interaction with other policy issues in the resource sector — including Climate Change and carbon pricing, and the two-speed economy.
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China as a Great Power: some Implications for Australia - 13 May
Professor Ross Garnaut AO, Vice-Chancellor’s Fellow and Professorial Research Fellow, spoke to the Australia China Business Council (ACBC), Victoria Division . The ACBC is a business organisation dedicated to promoting business and trade with the People’s Republic of China.
Opinion Pieces
Media Coverage
Melbourne Institute News - Newsletter
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