Expert Author

David Richardson

David Richardson

Senior Research Fellow

@daverr01

Canberra

Research by David Richardson

Inquiry into the BCA commitment to the Senate

The present submission questions the Business Council of Australia’s (BCA) Commitment to increasing investment, employment and wages in the event

Tolerate unemployment, but blame the unemployed

For the last generation macroeconomic policy in Australia has been based on the assumption that unemployment must be maintained at

Funding high-quality aged care services

Implementing the recommendations of the Royal Commission into Aged Care Quality and Safety will require additional Commonwealth funding of at

Are wages or profits driving Australia’s inflation?

Labour costs have played an insignificant role in the recent increase in inflation, accounting for just 15% of economy wide

Profit share

The roles of profits, wages and costs in driving inflation has been widely discussed in recent months. Claims by the

Profit-Price Inflation: Theory, International Evidence, and Policy Implications

New research confirms that higher corporate profits still account for most of the rise in economy-wide unit prices in Australia