RBA’s seven-year itch: the growing number of Australians who’ve never experienced a rate hike
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The Reserve Bank is set to leave interest rates unchanged again when it meets next Tuesday, according to an analysis of 23 leading economic indicators. Comparison website RateCity.com.au’s ‘Rate Forecaster’ found that 21 of the 23 indicators suggested the RBA would leave the official cash rate at a record-low 1.50 per cent, where it has…

Whatever happened to the 15-hour workweek?
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Workers are more productive than ever and earning the same amount. So shouldn’t they be working less? Writes… Joshua Krook, University of Adelaide In 1930, the economist John Maynard Keynes predicted that technological change and productivity improvements would eventually lead to a 15-hour workweek.  But, despite significant productivity gains over the past few decades, we…

5 Pieces of tech nostalgia [Infographic]
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We all love the latest shiny new tech toy. Look at all the fuss over the new iPhone – everyone pre ordering it without ever seeing one.  Today’s infographic is a throwback to the 1980s and 1990s, making “oldies” like me nostalgic for the heyday of these popular gadgets. Although many of the devices listed below may be…

Accidental Millionaires
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Forrest Gump wanted to be a shrimp boat captain. So, after he returned from the war, Forrest went out and bought a shrimp boat and persistently failed until luck visited him. With that luck, as well as the help of his reluctant, yet devoted apostle, Lieutenant Dan, Forrest was able to build a shrimp distribution…

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