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Suppose a tear in the spacetime continuum had delivered you a copy of December quarter 2020’s employment statistics one year early. You had received the key graphs on the employment rate, the unemployment rate, labour force participation rates and underutilisation rates for the year to come – but none of the accompanying discussion. Read more

Last week’s CPI figures, showing an annual inflation rate of 1.4% in the December quarter, were accompanied by a warning from the Council of Trade Unions’ economist Craig Renney. He noted that inflation hits the poor harder than other groups. Read more

There are those who say that government can only give away the produce of the productive. There are those who say that government can spend up to national income, but not beyond. Read more

Decades ago, sociologist Joel Best wrote about how to lie with statistics. The best tricks are those where a statement is word-for-word true but has nothing to do with reality. Read more

The sounds of cricket on the radio are already wafting over campgrounds around the country. Who would wish to spend the holidays anywhere else in the world? Read more

As Mark Twain once quipped: “Lack of money is the root of all evil.” And so entered the governor of the Reserve Bank of Transformable. “Suffer all those short of cash to come unto me,” quoth he. Read more