GDP

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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.

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.

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.

Australian economy struggles, weakest outside of a recession

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

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%.

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”.

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.

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

53-foot tractor-trailer driver Baljeet Singh pleads guilty in deadly pileup, was playing phone game and fled to India

The crash killed 42-year-old mother Nancy Lefrançois and her 11-year-old son Loïc Chevalier, who were travelling in a passenger vehicle struck in the collision.

Indian Premier League could be played in Australia, Adelaide Oval explores plan

The proposal is part of a broader idea to strengthen cricket ties between Australia and India.

Perth toddler Sandipan Dhar’s death ‘probably preventable’ after missed blood test, coroner says

21-month-old Sandipan died in March 2024 after being taken to hospital with a persistent fever that had lasted for weeks.
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