Bankwest Curtin Economics Centre (BCEC)

Join us on 19 November for the release of our brand new research on startups and the innovation ecosystem in Western Australia. Understand what drives startup success, learn about key policies poised to support the ultimate success of startups in WA, and we also look at how to bridge the gender divide in the industry. Hear from our lead authors, Daniel Kiely and Abebe Hailemariam, connect with industry experts, and close out your year with fresh insights and perhaps some new network contacts. Grab your tickets now 👉 https://lnkd.in/gJq2n5dB

Delve into our newest Australian Journal of Labour Economics article by Alexandra Ferguson from Stats New Zealand as she shines the spotlight on the importance of labour market stability and its impact on our livelihoods and wellbeing. Unpacking an alternative measure to traditional labour market statistics, Alexandra offers a fresh perspective on stability as an individual trait. Read now and learn about the correlation between age, stability, and underemployment. 🔍 Link here: https://bit.ly/3C47bTD

Have you got your tickets yet? Join us on November 19 at the launch of our latest report, exploring the innovation and startup ecosystem in Western Australia! Harness this opportunity to hear insights directly from lead authors Daniel Kiely and Abebe Hailemariam, as well as thought leaders in the field. This new BCEC report seeks to better understand the startup and innovation ecosystem in Western Australia, in order to inform policies that support entrepreneurship and startups in the state, and curate an innovation ecosystem within which startups can thrive. Secure your tickets now! https://lnkd.in/gJq2n5dB

Is the price of taming 0.4 percentage points of inflation greater than the risks of keeping interest rates high? Dive into Dr Silvia Salazar's expert analysis in her new op-ed for Business News, shedding light on the timing of interest rates cuts in Australia. Don't miss it! 👉 https://bit.ly/4f9hvbc

Dive into the latest issue of the Australian Journal of Labour Economics - Volume 27 No. 1! Follow Alexandra Ferguson's insightful examination of labour force stability using NZ's Household Labour Force Survey data. Explore outcomes across various skill levels with a captivating study by Lisa Meehan, Gail Pacheco and Thomas Schober. Don't miss the innovative approach by a dynamic team at CSIRO, including Claire Mason, Haohui Chen, Shanae Burns, Scott Philip, Louisa Warren, Taylor Bamin, Cassandra Diamond and Ian Watson, applying AI to understand demand for Indigenous workers in Australia. Wrap up with a deep dive into labour market matching efficiency in Australia by Peter Lake, samuel shamiri, Kishor Sharma and Adam Bialowas. Read the open access issue now 👉 https://bit.ly/AJLE27-1

The BCEC Monthly Labour Market Update - September 2024 is out now, and the jobs juggernaut shows no sign of easing. Read 👉 https://bit.ly/MLMUSep24 This month's MLMU shows: - Nationally 64,100 jobs added in September - Unemployment rate steady at 4.1 per cent - Public sector employment growth conflicting with monetary policy efforts to cool inflationary pressure stemming from the labour market Authors: Mike Dockery Special thanks: Valentina Sanchez and Alex Buckland Read the full MLMU here 👉 https://bit.ly/MLMUSep24

Have you been keeping up with our latest research at BCEC? Keeping in line with our commitment to accessible research and creating an evidence base for good policy making, we've been hard at work on topics like Gender Equity Insights 2024, Decent Work in Australia, Monthly Labour Market Updates and much more. Visit 👉 https://lnkd.in/eDaUQuVZ

Our economic modelling in the Child Poverty in Australia 2024 report for the Valuing Children Initiative found nearly 1 million Australian children (975,587) are projected to be living in poverty by the end of 2024. Our research, Child Poverty in Australia 2024, looked at the scarring effects of childhood poverty by comparing the the work, health and life outcomes of young people who had grown up in poverty. The biggest single driver of the rising poverty rate is the rent – which makes up a bigger slice of the weekly budget for low income households. After COVID, rental costs rose much faster for households in the lower quartile of incomes who are living in lower quartile rentals. This means, while average rents rose 11.2% between 2020 and 2022, lower quartile rents rose by 17.8%. They then rose 16% in 2023 and have risen over 12% so far in 2024. Growing up in poverty children are 8% more likely to experience poverty as adults, 11% less likely to secure work and much more likely to be nervous or unhappy with their lives. Chris Twomey Senior Industry Fellow Bankwest Curtin Economics Centre Read the full report here: https://bit.ly/4dszPLS #antipovertyweek #antipovertyweek2024 Valuing Children Initiative Curtin University Media Curtin Faculty of Business and Law

You can read the full report, Child Poverty in Australia 2024, here: https://bit.ly/4dszPLS #antipovertyweek #antipovertyweek2024 Valuing Children Initiative

This Anti-Poverty Week we're reflecting on some of our research in the space, including our Behind the Line: Poverty and disadvantage in Australia report, published in 2022. The measurement of income poverty typically assesses the share of people whose incomes fall below a poverty line as a representation of a basic living standard. But much of this report looks ‘behind the line’, exploring deeper issues that highlight how poverty affects people’s livelihoods, life chances and sense of wellbeing. Our research reveals the scarring effects of childhood poverty on life outcomes in adulthood and shows the extent to which prolonged experiences of poverty affect mental health and exert psychological trauma. The report showed that: - 11.8 per cent of Australia's population lived in poverty in 2020. - High rental costs leave many with less than $150 per week to live on after housing costs. - One in five people living in poverty are in low paid employment. - Up to 575,000 people have been in poverty for at least five of the last ten years, including 250,000 single parents. - People in poverty for at least five of the last ten years are 3 times more likely to suffer acute mental stress compared to people who are never in poverty. - People who experience childhood poverty are up to 8 percentage points more likely to remain in poverty in adult life. - Young adults who experienced poverty in childhood are significantly more likely to feel unhappy with their lives for up to 10 years after leaving home. While these figures were staggering in 2022, the reality is that the cost-of-living crisis combined with punishingly low rental vacancy rates has made life even harder for many of our most vulnerable community members over the past two years. Read the full report here: https://lnkd.in/g4TcmaRR #antipovertyweek #antipovertyweek2024