What the US election means for Australia

As the US election approaches, the risks of renewed inflation and unpredictable fiscal policies could complicate the global economic landscape, with significant implications for Australia.

Should we be worried about the US?

While the US economy is hitting all the right notes—low unemployment, stable inflation, and strong wage growth—massive deficits and reckless policy proposals could tip the scales.

Simply bananas

Monetary policy missteps can arise when journalists and politicians confuse relative price movements for inflation, leading to misguided calls for rate cuts based on things like food price fluctuations rather than the underlying drivers of inflation.

Monday Musings (40/24)

What a strong jobs market means for inflation and growth; no, brickies don't cause inflation; landlord greed isn't driving rents; the problem with measuring skills shortages; and Victoria moves on housing.

Should Australia be the richest country in the world?

The recent Nobel Prize in Economics sheds light on Australia's biggest challenges and offers insights into whether they can be truly solved.

There ain't no such thing as a free lunch

Steven Miles' promise of 'free' school lunches not only ignores basic economic principles but also risks burdening future generations with debt and inflation.

Monday Musings (39/24)

China's stimulus under-whelms; the laws of mathematics trump the laws of Australia's former Prime Minister; what the future holds for AI and autonomous vehicles; protectionism and industrial policy are failing the world; and India's institutional limits under Modi.

The high price of Australia's policy shortcuts

As Australia grapples with declining productivity and mounting economic challenges, the government continues to favour gimmicks over crucial reforms to housing, regulation and fiscal policy.

The truth behind Australia's fiscal recovery

A closer look at Australia's budget surplus reveals a mix of fiscal accidents, hidden tax hikes, and misguided government spending that could leave the country facing a decade of deficits.

Hydrogen headstart, or headache?

The Albanese government's Hydrogen Headstart was always going to struggle, as even generous subsidies can't overcome the high costs and inefficiencies of green hydrogen production.