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The AFR View

Editorial

The Australian Financial Review's succinct take on the principles at stake in major domestic and global stories - and what policy makers should do about them.

The AFR View

Today

With unemployment at a 48-year low of 3.5 per cent, and with the number of jobseekers level pegging the number of job vacancies.

Migration the right fix for worker shortages

Increasing immigration is not a substitute for training more Australians. But it’s what is needed now to alleviate the crippling migrant-deprived tightness of the labour market.

  • 1 hr ago

Yesterday

Albanese wedged by his own sledges on budget

After the backflip on pandemic leave, holding its ground on the fuel excise cut expiry is a crucial test of the fiscal strategy of the Labor government.

This Month

The upcoming skills and jobs summit must focus on lifting how much each worker can do and can earn.

Productivity will keep our 2020s jobs miracle alive

The last time the jobs picture looked this good, a long inflation outbreak was coming with it. We can do much better than that.

Fiji prime minister  Frank Bainimarama presents Australian Prime Minister Anthony Albanese with a Wau war club during a bilateral meeting at the Pacific Islands Forum on Wednesday.

Economic integration the right way to step up in the Pacific

There is a strategic great game going on in the Pacific. But initiatives to better economically integrate with the most aid-dependent region in the world are the right moves.

Minister for Climate Change and Energy Chris Bowen and US Secretary of Energy Jennifer Granholm during a signing of the Australia & United States Net Zero Technology Acceleration Partnership agreement at the Sydney Energy Forum, Sydney.

A darker world without fossil fuel security

Some say that a faster transition to renewables is needed to make the world safer. In reality, Australia’s gas industry has a critical role to play in preventing authoritarian regimes from weaponising energy.

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Anthony Albanese at a press conference on July 12.

Labor must use jobs summit to find its purpose

The summit cannot be hijacked by the usual vested interests, an excuse to pull the industrial relations playbook from the bottom drawer.

Australian Foreign Minister Penny Wong meets Wang Yi in Bali.

Albanese government no soft touch under China’s one-way pressure

The reality is that it is not what Beijing says, but how it acts, that is shaping the government’s early foreign policy forays.

People pray at a makeshift memorial near where former prime minister Shinzo Abe was shot on Friday.

Abe was a global statesman of a free and open Indo-Pacific

The legacy of Japan’s longest-serving prime minister includes his forging of a new regional security architecture that included upgrading the Japan-Australia relationship into a genuine strategic partnership.

Penny Wong set to meet China’s Wang Yi at the G20 foreign minister’s meeting in Bali.

Welcome steps towards dialogue with Beijing

It may be a thaw with no particular warmth yet, but Australia-China diplomacy can move back to the diplomatic virtues of pragmatism and dialogue.

Boris Johnson finally saw the writing on the wall.

Boris Johnson was both political magician and clown

The resigning British prime minister conjured up an 80-seat majority, only to squander it in office through his own behaviour.

Taming inflation here, with wages falling in real terms, is critical to sheltering Australian workers from any global inflationary bust and recession that might be following.

Budget repair must dovetail with RBA rate rises

Criticism of Anthony Albanese travelling overseas is silly. But he now needs to get down to business at home and start explaining to the public why fiscal repair must begin immediately.

Taming inflation here, with wages falling in real terms, is critical to sheltering Australian workers from any global inflationary bust and recession that might be following.

RBA rate rise stays on ‘whatever it takes’ message

The bank’s job is to make consumers and businesses expect and believe inflation will be temporary. Its credibility now depends on following through with a rate rise program that really should have started last year.

  • Updated
Australian Prime Minister Anthony Albanese tours damaged residential areas in Irpin on the outskirts of Kyiv.

Keep standing with Ukraine and standing up to Putin

The West must maintain its resolve and make Russia continue to pay the price in global isolation for its authoritarian aggression.

After 25 years of Communist rule, Hong Kong is a straw in the wind

By ending “one-country, two systems”, totalitarian China has shown that it is fundamentally incapable of running an open and global entrepôt.

A country with purpose will attract talented migrants.

Only people and productivity add up to prosperity

The census showed Australians are better off than they often think. But we also need to do more to secure our fortunes.

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June

China has utilitarian reasons for siding with Russia now, but in the long run they do not have a lot in common.

NATO globalises Australia’s China challenge in the Indo-Pacific

Dovish China-watchers used to complain that Australia had been stranded “out in front” against Beijing. Not any longer.

Industrial action has stopped ships loading at Shell’s Prelude floating LNG platform off Western Australia.

Don’t pull the trigger, step on the gas

Instead of taking LNG exports off the global market, Australia’s focus should be on extracting more gas from its onshore reserves.

The 2021 census shows Australia is becoming less Christian.

The lucky country needs a bigger Australia ambition

On census night in August last year, Australia’s population had swelled to 25.5 million. Tripling this over the next 70 years to 75 million will require political leadership.

Prime Minister Anthony Albanese and his partner Jodie Haydon depart Sydney for Europe, where he will attend a NATO leaders’ summit.

Australia seeks security close to home and far away

It is in Australia’s diplomatic and strategic interests to keep as many outside players engaged in the region as possible.

There is growing agreement that too-high wage growth expectations are unrealistic.

Labor should back RBA’s ‘narrow path’ to lower inflation

As The Australian Financial Review has urged, the Labor government needs to more clearly back the central bank’s call for negotiated wage rises to be kept to around 3.5 per cent.