Inflation
2024
A new report warns Australia's path to economic stability hinges on tackling inflation, tax reform, and curbing overspending.
No quotas on international students (good riddance); how people think of money could cost Albanese at the next election; at least Australia's housing market still functions like a market; why Europe stagnates; the not-so Future Fund, trade thoughts, Elon Musk's incentives, and the future of war.
The Albanese government's hasty push for social media age restrictions, coupled with inflation-driven economic pain, is alienating voters and stoking a perfect storm that could spell its downfall in the next election.
Persistent inflation, sluggish productivity growth and expansionary fiscal policy have trapped Australia in a precarious economic position, with big implications for the next federal election.
The US election is happening right now, with the outcome to have potentially significant implications 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.
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.
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.
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.
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.