A sticky, stagflationary mess
Australia risks "sticky" inflation if real wages start to outpace productivity, requiring higher rates longer and job losses as businesses start to adjust on the employment rather than not wage margin. Continued fiscal deficits also fan future inflation risks.
Brisbane should sprint from the Olympics
Brisbane should withdraw from hosting the 2032 Olympics. The cancellation costs will pale into comparison to the billions that will be wasted in cost overruns and the creation of underutilised facilities, funds which would be much better spent on other priorities.
Thursday Thinkers (12/24)
Javier Milei's troubles in Argentina; the death of the Scottish Enlightenment; how to regulate AI; Bowen's emission's backdown; the limits of industrial policy; how not to fix housing; and how happy are we, really?
Friday Fodder (10/24)
Tasmanians will go to the polls tomorrow but it's looking like it'll be more of the same; I ask whether you should you fly on a Boeing; why Xi Jinping's leadership meant Evergrande was inevitable; and what's going on across the ditch.
Rethinking the National Broadband Network
The NBN was a costly mistake that has failed to earn a commercial return, hindered competition, and its business model is being undermined by new technologies. Might it be time to rethink the experiment?
Powering our AI future
If Australia's policymakers don't address the rising energy demands of AI, we risk falling behind other advanced nations. Despite its many critics, nuclear is a potential solution alongside renewables, and should not be ruled out so cavalierly.
Friday Fodder (9/24)
The rental affordability crisis has been overblown; why your shower should be a lot better; Chris Minns is doing great work on housing; the freaky side of politics and academia; and a little green bonus.
What Australia's per capita recession really means
Australia's national accounts were released last week and confirmed that our per capita recession – defined as two consecutive
A public property developer won't fix housing
The Greens released their much-hyped housing plan last week and while I wouldn't normally give this much attention