What do economists want to see in #Budget2022?

We need investment in the economy's "real" productive capacity.

That means R&D, investment in the health & care workforce, housing, digital connectivity, dismantling barriers to women's economic inclusion

#ausecon #auspol
… This requires a #Budget2022 with long-term vision and policy innovation, not just short-term cost relief.

Current inflationary pressures mean that splashing cash could actually make things worse, unless we also focus on the "supply side" of the economy.
The Budget is also a statement of a country's values and priorities

Expect a sizeable increase in defence spending to "keep Australians safe"

Meanwhile Australian women continue to be murdered by a current or former partner at a rate of one woman per week (Source: @OurWatchAus)
In #Budget2022 we must be pressing the government: where is the large-scale investment that demonstrates we are a country that is serious about stamping out violence against women?

#genderequality #VAW #ViolenceAgainstWomen #ausecon #auspol #womenforjustice #womenforprogress
Sharing my contribution to the National Economic Panel poll “What do economists want to see in next week’s Budget?”

▶️ linkedin.com/pulse/what-do-…

Full panel responses panel are published by @1petermartin @ConversationEDU

▶️ theconversation.com/cut-emissions-…

#ausecon #auspol #Budget2022

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More from @leonora_risse

Jan 23
Australia's latest labour force numbers paint a glowing picture, with employment and hours worked at record highs

But this doesn't give the full picture of workforce realities

Looking closer, it's Healthcare & Social Assistance fuelling this job growth

#ausecon #economy #jobs
This is unsurprising, given we're in a pandemic.

But it's worrying, because we know workers in this industry are being pushed to the brink.

Soaring growth in Healthcare & Social Assistance jobs includes almost 12,000 more workers who are now clocking up 50+ hours weekly
Shortfalls in the workforce capacity of Australia's Healthcare & Social Assistance sector is illustrated in job vacancy numbers.

The sector is currently battling a pandemic with 60,000 unfilled vacancies.

That's more than double pre-pandemic levels.

#COVID19Au #ausecon #auspol
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