Canada
Hot Take: The end of Trudeau
Canada's Prime Minister Justin Trudeau has resigned. The Albanese government could learn a thing or two about how it all went so wrong.
Latest
Housing
Getting serious about housing, ending the Future Fund, the latest bird flu, just tell the truth, and lessons from the NBN
I trust everyone's nice and refreshed from the summer break! Lots of interesting things to discuss today, starting with some positive-sounding housing policy news from NSW. Potentially good news on housing The NSW government and the opposition are getting serious about housing: "NSW Opposition Leader Mark Speakman
Hot Takes
Hot Take: The Aussie dollar's fresh lows
The Australian dollar's slide to fresh lows reflects complex global and domestic forces, with implications for trade, competitiveness, and economic policy.
Inflation
A troubling economic scenario
As Australia grapples with its post-pandemic recovery, the principal macro challenge remains inflation.
Blowing the boom, eurosclerosis, China's decline, why Nvidia is American, beware the dunkelflaute, limits to AI, and the brain drain
Most readers of Aussienomics are probably still busy soaking up the Australian summer rather than looking for interesting tidbits in their inboxes. But for those of you still checking your emails, here are a few of my thoughts on some of the essays, papers and news I've read
Monetary policy
Hot Take: Australia's narrowing path
A new report warns Australia's path to economic stability hinges on tackling inflation, tax reform, and curbing overspending.
Budget
The budget update, workers not jobs, the costs of industrial policy, one year of Milei, and the bullish case for hydrogen
The mid-year budget update was depressingly bad; AI won't leave a third of workers unemployable; a Future Made in Australia will politicise the economy; Argentina's remarkable year and what it means for Australia; another look at hydrogen; and the per capita recession may already be over.
Energy
Australia's nuclear option
How the kakistocracy is getting in the way of energy abundance.
Growth
A sad economy without much hope
Australia's economy risks stagnation as government spending crowds out the private sector, increasing inflation, slowing productivity, and leaving the nation vulnerable to European-style economic malaise.
Trade
Trade War Two, China's supply subsidies, unintended consequences, and the mother of all bubbles
Trump will almost certainly usher in Trade War Two; how China subsidises supply and restricts demand; the Australian Greens reveal yet another awful policy idea; and is the US stock market in the mother of all bubbles?
Growth
It's not as bad as you might think
Despite Australia's sluggish economic growth and record-high government spending, a closer look at the data reveals that the situation may not be quite as dire as it seems.
Energy
Energy abundance, the price of ethnonationalism, and the dystopian myID
How not to do energy policy; the problems with acknowledgements to country; your ID or your facial data; the costs of land use zoning; and the war in Ukraine may not last much longer.