Dutton’s election campaign rout lets RBA off the hook
Reserve Bank governor Michele Bullock must be breathing a quiet sigh of relief now the Albanese Government has been triumphantly returned to office. If you can’t think why she should be relieved, you’re helping make my point.
Recent articles in Economy
10 May 2025
China touts new law as foundation for private sector growth
A week after the passage of a law on China’s private economy, officials said the bill would unleash the potential of the non-state sector.
9 May 2025
Labor says its second term will be about productivity reform. These ideas could help shift the dial
In his victory speech, Prime Minister Anthony Albanese highlighted social policy as a major factor in Labor’s electoral success, particularly Medicare, housing and cost-of-living relief. He was justified in doing so.
9 May 2025
The steady-state economy: Why we need it and how it could be progressed
A common factor underlying several of Australia’s major problems — housing, inadequate public transport, slow response to the climate crisis, loss of biodiversity, water shortage, pollution and deforestation — is the growth in consumption. Yet it is receiving negligible attention from the government and Opposition.
8 May 2025
An economic reform agenda for Labor
The recent election was won by looking ahead. But a better economic future requires an economic reform agenda, and getting agreement will not be easy. However, there are encouraging signs that the government is up to the task.
7 May 2025
Thanks to Trump, China has the cards it needs to win the trade war
Trump’s actions have left nations feeling betrayed while accelerating China’s self-sufficiency. These, plus Beijing’s rare earth dominance, could spell victory.
6 May 2025
'This ship changes the game': World’s largest all-electric ferry launches in Tasmania
The world’s largest 100% battery electric ship has been officially launched at a shipyard in Hobart and is almost ready for service in South American waters, where it will ferry up to 2100 passengers and 225 vehicles between Argentina and Uruguay.
5 May 2025
The American Dream
That's why they call it the American Dream, because you have to be asleep to believe it. George Carlin. American humourist
5 May 2025
Just not in time
Donald Trump’s tariffs and before-the-border barriers are a de facto self-imposed naval blockade of America that undermines the modern just-in-time economy.
4 May 2025
Trump’s unilateral tariffs have pushed ASEAN closer to China
President Donald Trump has achieved a ‘miracle’ in under 100 days. He suceeded in breaking diplomatic and trade relationships with neighbours like Canada and Mexico that took hundred of years to nurture. His unilateral tariffs have upset many including China, Japan, South Korea, and the ASEAN countries.
3 May 2025
How credible are the Coalition’s budget projections?
The Coalition’s costings finally reveal that in the next two years it will have a bigger deficit than Labor. In the second half of the four-year projection, the forecast net positive impact from the Coalition’s policy changes is questionable.
3 May 2025
Why it’s time to think big on tax reform
Australians have been promised quick-fix tax measures to ease cost-of-living pressures. Instead, it's high time to reform and simplify a complex tax system.
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