Third arrow, broken arrowBY BENJAMIN ONG | TUESDAY, 1 JUL 2014 9:35AMToday's economic dynamics - before and after the consumption tax was raised from 5% to 8% -- are playing out almost as they did back in 1997. Related News |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
Hi Ben, enjoy your articles. Do you know what strategies Japan is implementing to increase the birth rate? Baby bonus or something more subtle?
Thanks Stu,
This is exactly the point I'm trying to get across in this piece, that this approved "growth strategy" lacks details -- at least, none I found in various reports I've read to date.
Japan's ageing population is certainly a humungous problem as it could compound the country's problem with consumer spending.
I'll be sure to report on this if I find any details.