Why the RBA should hold steady It's probably too late in the cycle to hike rates any further when what's desperately needed is tax, spending and regulatory reform.
What's up with Canada? Despite its proximity to the US and abundant natural resources, Canada's economy is hampered by inter-provincial trade barriers, powerful domestic cartels, and declining productivity, leaving it vulnerable to global trade tensions.
Friday Fodder (24/24) Which parts of Australia are the most (and least) productive; why rate cuts are a long way away; immigration and success; woke AI is pretty boring; and neoliberalism is a victim of its own success (but beware what comes next).
Husic is right about the corporate tax Ed Husic's call for genuine corporate tax reform could boost investment, raise wages, and drive economic growth. But do we have the political willpower to get it done?
iPhones and AI: What's next? Apple has joined the AI race by adding ChatGPT to every iPhone, bringing privacy and security concerns to the forefront; how should governments regulate this rapidly evolving technology without stifling innovation?
Friday Fodder (23/24) Queensland's Budget shows why we need fiscal rules; how households have fared since the pandemic; dictators and their hidden wealth; what Bootleggers and Baptists mean for climate targets; and Europe swings to the right (or did it?).
Is it time for housing coercion? A more forceful, top-down approach might be the solution to Australia's housing crisis.
Why we may not be done with inflation Interest rates have come down in Canada and the eurozone. When will Australia follow suit?
Friday Fodder (22/24) Assessing Australia's March quarter GDP figures; why productivity is still everything; how opinion polls can be dangerous; and where are all the Korean babies?
The upside of falling EV prices Lower electric vehicle prices are the result of healthy market competition, not a bubble bursting.