Archives for posts with tag: participation

After reaching an all-time high of 65.8% in November 2010, the proportion of people aged 15+ who are either in work or actively looking for work has declined sharply, hitting 64.8% in October this year. An important question for policy makers is this: is the participation rate declining because people are being discouraged from looking for work, or is it declining as a natural consequence of the ageing of the population?

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In late 2010, we set an all-time record for the Australian economy: nearly 66% of people aged 15 and over were either employed, or were actively looking for work. To put that in perspective, the labour force participation rate has averaged 63.2% since 1980.

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Warning: this is a non-technical, but fairly wonky post about tax

Will there be wailing and gnashing of teeth on Sunday? There will if the Coalition’s voluminous prognostications about the carbon price package are correct. There will also be a reduction in the effective tax rates faced by low-income earners, but that doesn’t fit so easily into a glib slogan.

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