Why the Chinese government should consider a trade war with Australia

The Australian government is considering a trade-war with China over the controversial South China Sea ruling.The ABC’s AM program has learnt that senior ministers have been meeting with Chinese officials in China to discuss the issue.The Chinese government’s defence ministry has told the Australian Defence Force (ADF) that it would “fully support” a Chinese military […]

How do you do the math on the economy’s current jobless rate?

As the jobs market has remained in the black, it’s become increasingly difficult to quantify the extent to which unemployment is affecting the economy.But a new report released by the left-leaning Economic Policy Institute suggests that, at least for the foreseeable future, the unemployment rate will likely remain well below 8% for the long-term.The report, […]