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- Visiting Fellow, Crawford School of Public Policy, Australian National University
Greg Hunt is best known as Australia’s health minister. But before that he spent years thinking about mechanisms to get emissions down – and if elected, Labor plans to road test the one he introduced.
The economy shrank 1.9% in the September quarter, but figures released on Wednesday show spending roaring back as soon as the lockdowns ended.
Looking beyond the latest quarterly GDP figures, the truth is we’re getting better off more slowly than before.
Outside of a few superstar firms investing heavily in artificial intelligence, investment by Australian businesses has been shrinking for a decade and isn’t set to bounce back.
Electric cars are expensive in Australia partly because European emission standards reward manufacturers for selling them there. There’s an obvious fix.
The 55 leading economists surveyed by the Economic Society see few signs of Australia aping the US, where inflation has surged to its highest level in 30 years.
Most of the $2,000 per year increase in income by 2050 is due to the success of a new hydrogen industry.
Jobs, economic growth, wages growth and even home price growth are likely to look less threatening by the time we are asked to vote.
A carbon tariff is a carbon tax applied to exports from countries such as Australian that don’t have one. Europe is planning to impose one.
The NSW Coalition government has backed a Labor proposal rubbished by the federal Coalition at the last two elections.
Far from unassailable, Facebook and Google act like organisations terrified they are about to peak. We can make it harder for them to buy growth.
Australia’s top economists say Australia can’t “free-ride”, allowing others to cut emissions while it gets the benefits.
The fine print shows its an inquiry into housing “supply”, but supply isn’t a particularly urgent problem.
Until this year it looked as if Australia could have its cake and eat it too — low deaths form COVID and a resilient economy.
Last year when the government tried to ban the import of import of e-cigarettes without a prescription, it cut corners. This time, the Office of Best Practice Regulation helped get the decision right.
Wednesday’s national accounts show the Australian economy entered the delta storm in a better position than any other developed country’s.
One in every six MySuper funds failed the test. One million members will be invited to leave, and it’ll be made easy.
When low-wage workers lose jobs the average wage goes up. There’s a better measure, but we’re not using it.
Some of the 60 economists surveyed thought cash incentives and lotteries should be held in reserve as a last resort — but two-thirds thought they shouldn’t be used at all.
Australia’s usual approach to big international negotiations is to hold out, before reluctantly making “concessions”. It’s the wrong approach for trade, and the wrong approach for climate change.
Threatening that if you lose your business your workers won’t have jobs has been tried in the past by figures such as Alan Bond and Clive Palmer.
Research shows small rewards can make all the difference.
Only five of the 56 economists surveyed believed lower immigration would boost wage growth. The rest backed measures to lift productivity and investment and changes that boosted the power of unions.
We spend more on alcohol than we’ll admit, less on electricity and gas combined than we think.
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