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.
Gittins it wrong on inflation Ross Gittins' recent column misunderstands basic economics, resulting in a confused narrative that oversimplifies inflation, misreads corporate profits, and misinterprets the relationship between industry concentration and competition.
False prophets, forward guidance, and failed lessons The RBA's conflicting statements on uncertainty and accountability expose a dangerous pattern of misguided forward guidance and unlearned lessons, threatening its credibility and effectiveness in controlling inflation.
Jim Chalmers' Nixon moment As the Australian government attempts to manipulate inflation metrics through targeted spending, the RBA finds itself in a balancing act between economic stability and political pressure, echoing historical tensions between Nixon and the Fed.
Bad news is bad news again A closer look at the recent market rout reveals underlying concerns about Australia's economy, and that the RBA's next moves will be as crucial as ever.
Migrants aren't causing inflation Inflation is caused by fiscal and monetary policy, not by migrants or other supply shocks, which can only temporarily affect measured inflation by altering relative prices in the economy.
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.
Why we may not be done with inflation Interest rates have come down in Canada and the eurozone. When will Australia follow suit?
Inflation's bumpy landing Australia's March quarter inflation figures came in above expectations. Especially worrying was the sticky services and non-tradables inflation, making rate cuts very unlikely this year. To fix inflation we desperately need fiscal policy to start working with monetary policy, rather than against it.
Miles off the mark Queensland's Premier Steven Miles appears to be out of his depth. Last week he called for RBA rate cuts, and announced reviews into supermarket pricing and homelessness. On Sunday he released a rental package that risks making the situation worse.