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Lesson for Australia. Make it hard for people to get benefits, and they'll stop, but they mightn't get jobs

  • Written by David C. Ribar, Professorial Research Fellow, University of Melbourne

Australia, like the United States, makes it hard for people who get benefits to stay on them.

It’s not simply a matter of withdrawing benefits as people get jobs and work more hours – something Australia’s does more severely than most of the rest of the world – it’s also a matter of imposing onerous conditions on...

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Forecasting has always been central to financial planning; however, traditional methods based on historical trends are no longer enough. Economic ...