GDP

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OPINION

GNDI: a new approach to measuring economic performance in the Pacific

Economists agree this is the better measure but in most countries the difference between GDP and GNDI is minuscule.
OPINION

NATO’s 5% of GDP defence target ramps up pressure on Australia to spend vastly more

It has so far batted away suggestions Australia should increase its defence spending from current levels of around 2% of GDP.
OPINION

If Greenland were for sale, what would it be worth? How to put a ‘price tag’ on a territory

Greenland’s strategic position has been of great value to the US since the early days of the Cold War.
OPINION

Australian economy struggles, weakest outside of a recession

Australians who oppose immigration might want to reflect on whether they would prefer a recession.
INNOVATION

Australia’s lack of investment in R&D costing 42,000 jobs, says Prof. Sharath Sriram

Australia’s spending on R&D as a percentage of GDP has been on the decline for more than a decade to below 2%.
OPINION

The 7 charts show Australians struggling as savings fall to near zero

For individual Australians, it was even worse – growth per head went backward, in what some economists call a “per capita recession”.
OPINION

Are we in per capita recession despite GDP ‘steady in the face of pressure’

In the three months to June Australia’s household saving ratio plummeted to 3.2%, its lowest rate in 15 years.
INNOVATION

India’s rich women’s cumulative wealth contributes to 2% of GDP

Roshni Nadar Malhotra is India's wealthiest woman closely followed by Falguni Nayar, Kiran Mazumdar-Shaw, Nilima Motaparthi, and Radha Vembu.

Must-read

NEWS

Melbourne family shattered by loss of 16-year-old son, calls for better pedestrian protection

Chris Rua Antony died in hospital on February 20, a week after he was struck by a car while walking home from school along Pound Road in Narre Warren South.
OPINION

Gaza’s endless War: Proxies, misinformation, and the civilians caught in between

Many senior Hamas leaders have lived for years in luxury abroad, in places such as Qatar and elsewhere, far removed from the consequences of the war they help direct.
IMMIGRATION

Albanese and ministers join Ramadan celebrations, encouraging wider community participation

Social Services Minister Tanya Plibersek described Ramadan nights in Lakemba as one of Sydney’s great traditions, pointing to the bustling streets and strong sense of community.
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