Tag: Younger
The economy can’t guarantee a job. It can guarantee a liveable income for other work
When the coronavirus pandemic hit Australia in March 2020, the Morrison government took bold and imaginative action. The most notable examples were its income support programs – JobKeeper, paying a A$750 weekly subsidy to employers to keep workers on the…
Will we have a debt crisis following the coronavirus crisis? | COVID-19 Update
https://www.youtube.com/watch?v=KP4X-7fEA_cDuring the coronavirus pandemic lockdowns have halted the flow of cash to workers and companies, forcing governments to step in. Countries, rich and poor, are burning through vast amounts of money. But it's all on loan.They're taking on debt like…

I’m A Celebrity… Get Me Out Of Here Australia: Who Is Alli Simpson
On Tuesday afternoon Alli Simpson confirmed she’s the newest star to enter the ‘I’m A Celebrity... Get Me Out Of Here!’ jungle, teasing viewers they will watch her “fall apart on national tele & get to know me reaaaaal well”. …

2021 will harden the winners’ and losers’ brackets created by the pandemic economy
Heading into 2021, the economy is in a state of gross divergence, presenting opposing narratives that are drifting further apart, creating ostensible winners' and losers' brackets.Why it matters: The pandemic has accelerated shifts in the economic makeup of the U.S.…

Venus was once more Earth-like, but climate change made it uninhabitable
We can learn a lot about climate change from Venus, our sister planet. Venus currently has a surface temperature of 450℃ (the temperature of an oven’s self-cleaning cycle) and an atmosphere dominated by carbon dioxide (96 per cent) with a…

Newsmax looks to lure Fox News staff
Newsmax is working to pull ahead of conservative rival Fox News, trying to lure away its vital booking agents with promises of higher salaries, two people who have been contacted by Newsmax tell me.Why it matters: The battle to serve…

Australia, are you OK? Here are the groups with the highest (and lowest) life satisfaction
Measuring the material factors of our lives — like finances, work, health — can tell us a lot about the state of Australian society, but what matters most to us? To help answer this question, we need to know not…

JobMaker is nowhere near bold enough. Here are four ways to expand it
The government has targeted its JobMaker Hiring Credit too narrowly. The scheme to go before the Senate this week will give employers who take on someone aged 16 to 29 years who has been on JobSeeker or a related benefit…

With house prices soaring again the government must get ahead of the market and become a ‘customer of first resort’
House prices are spiking again, with “affordable homes” showing most growth. That’s no surprise really, with multiple factors in play. Market instability due to COVID-19 is driving asset acquisition — property is the classic port in a storm for investors.…

The Growing Generational Wealth Gap
https://www.youtube.com/watch?v=XLU3yqQpI78This video was made possible by our Patreon community! ❤️See new videos early, participate in exclusive Q&As, and more!➡️ https://www.patreon.com/EconomicsExplained▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀It’s the hope of almost every generation in history that their children and grandchildren will go on to live wealthier more…

What is the FIRE Movement? Could it be Hurting Our Economy?
https://www.youtube.com/watch?v=AqSExy3HBm0Sign-up for Acorns! 👉 https://www.acorns.com/ee (upon registration, Acorns will deposit $5 in your account to help you get started with investing!)▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀The Fire movement is a growing trend amongst young workers which is growing in popularity thanks to its very enticing…