News
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?
News
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?
Budget
Oh boy. Another year, another GST carve-up that led to a flurry of complaints from the states that 'lost out'. This time it was the NSW and QLD Labor governments that were the most vocal, with NSW facing a $310 million cut, while QLD lost $469 million. For
News
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.
Technology
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?
Energy
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.
News
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.
Growth
Australia's national accounts were released last week and confirmed that our per capita recession – defined as two consecutive quarterly contractions – didn't just continue into the December quarter, but deepened: on a per person basis, our economy is now a full 1% smaller than where it was
Housing
The Greens released their much-hyped housing plan last week and while I wouldn't normally give this much attention to a minor party's policy, it was just so full of well-meaning but really confused policy, I just had to weigh in. Before getting into it, I should
News
Where the cost of living crisis is biting hardest; China's pivot from growth to security; AI is a marathon, not a sprint; why interest rates might stay higher for longer; and plenty more in this week's Fodder.
Industrial policy
Chinese cars offer great value and affordability, but US automakers are lobbying for protection, just as they did with Japan in 70s. Fortunately, Australia's lack of auto manufacturing means that this time around, we can enjoy the full benefits of competition!
Tax
Facebook leaving Australia shows that the media bargaining code backfired. The government misdiagnosed the problem and harmed consumers while benefiting the big media companies. It's time to cut our losses, accept that the code was a mistake, and focus on real solutions to support local media.
News
Why you should ignore pundits, Google breaks its brain (or how to slowly ruin a good business), Australia's Workplace Gender Equality Agency released data that are about as useful as tits on a bull, and is Joe Biden too old?