Editor's note

The Reserve Bank of Australia’s decision to cut interest rates to a record low of 1% may have mortgagees celebrating, but as my colleague Michelle Grattan and I write, it reflects continuing concern over the slow economy. And something else: what is likely to be a permanent lifting of ambition on unemployment. As I argue, it might make him one of the greatest governors since the first, HC Coombs.

And as hearings at the Victorian royal commission into mental health kick off this week, Graham Meadows and his colleagues explain that inadequate access to mental health care means poor people around the country remain stuck in a cycle of mental illness. That can mean, for example, being able to afford antidepressants, but not professional therapy sessions that might be more effective.

And new analysis of data from the Australian Bureau of Statistics shows that young adults are dominating population growth in the inner city suburbs of Australia’s major state capitals. But as Seetu Bajracharya explains, our inner cities are failing to meet the needs of families, driving them to the suburbs.

Enjoy your day.

Peter Martin

Section Editor, Business and Economy

Top story

Philip Lowe is grabbing a rare opportunity to push the floor under unemployment lower. DARREN ENGLAND/AAP

Ultra-low unemployment is in our grasp. How Philip Lowe became the governor who lifted our ambition

Peter Martin, Crawford School of Public Policy, Australian National University

Philip Lowe is on the cusp of permanently changing Australia. He stands a good chance of being one of the best governors since the first, who ushered in the goal of full employment.

Two cuts in a row, and a good chance of more to come. Brendan Esposito/AAP

Back-to-back Reserve Bank cuts take interest rates to new low of 1%

Michelle Grattan, University of Canberra; Peter Martin, Crawford School of Public Policy, Australian National University

The Reserve Bank has cut the official interest rate to a new low of 1%, reflecting continuing concern over the slow economy.

Socioeconomic disadvantage is a known risk factor for mental illness. From shutterstock.com

When it’s easier to get meds than therapy: how poverty makes it hard to escape mental illness

Graham Meadows, Monash University; Anthony Cichello; Anton Neville Isaacs, Monash University; Frances Shawyer, Monash University

In Australia, the highest rates of mental illness can be found in the poorest sections of society. But poor people with mental disorders often struggle to access the care they need.

From 2006 to 2016, the population of Melbourne’s inner city grew by 78%. Shutterstock

Youth in, families out: 6 charts on the inner cities of Brisbane, Sydney and Melbourne

Seetu Bajracharya, The University of Queensland; Dorina Pojani, The University of Queensland; Neil Sipe, The University of Queensland

The inner cities of Australia's major state capitals are failing to meet the needs of families in terms of space, amenities and affordability.

Politics + Society

Environment + Energy

Arts + Culture

Education

Business + Economy

Health + Medicine

Science + Technology

 

Featured jobs

UNSW Scientia PhD Scholarship

Literacy for Life Foundation — Sydney, New South Wales

Arts, Culture and Society Editor

The Conversation Africa — Nairobi, Nairobi County

Dean - Management

RMIT University — Melbourne, Victoria

More Jobs

Featured events

Sydney Ideas: Can we make food security failsafe in the age of climate change?

The University of Sydney, Sydney, New South Wales, 2006, Australia — University of Sydney

Synthetic Skin Treatment Cracks Global Market

Swinburne University, AGSE Building, Lecture Theatre AGSE202, 50 Wakefield Street, Hawthorn, Victoria, 3122, Australia — Swinburne University of Technology

Swinburne Research Conference 2019 | Changemakers

463 Burwood Rd, Hawthorn VIC 3122, Melbourne, Victoria, 3129, Australia — Swinburne University of Technology

Conversation Club - When Queensland Happens

193 Boundary St, West End , Queensland, 4101, Australia — The Conversation

More events
 

Contact us here to list your job, or here to list your event.

For sponsorship opportunities, email us here