The only things going up now are the prices
The decisions that made higher rates unavoidable were taken in Canberra. If inflation is the fire, interest rates are the fire brigade. Labor lit the match.
Economics Commentaries
-
-
Economic exceptionalism is dead – and rate cuts died with it
Jim Chalmers doesn’t have a central bank governor to blame for his forward misguidance or for his complaint that monetary policy may be “smashing the economy”.
-
Do we entrench our advantages or let them slip?
We’re not in danger of becoming a banana republic, like Paul Keating warned in 1986. But we are losing our exceptional prosperity and sliding back into the pack of other less prosperous developed economies.
-
Black market lit up by backfiring ciggies tax
Jacking up the price of a product usually ensures that less of it is sold. That can be a good …
-
Tip from a friend: Australia’s economy is in a slow race to ruin
Sometimes it takes outsiders to say the obvious but unwelcome things: high spending, low growth and red tape are hurting us. Why does Labor fail to see it?
-
Why the war on wokeness is actually killing conservatives in Australia
Australian conservatives — however much they might be impressed by the way MAGA has fought back against woke ideas — would do well to understand that a successful movement cannot be defined forever by what it opposes.
-
Confessions of an Industrial Relations Club reporter
A half-century on from stagflation, outdated workplace rules and union monopolies remain the biggest barrier to reversing the Australian economy’s slipping productivity and wealth.
-
Double the debt and half the fiscal clues
The Labor government’s early surpluses now look like a flash in the pan and the budget is back to a deficit – which is set to deepen.
-
A good budget means setting some rules and adhering to them
There is a long history of fiscal rules, but the overall record is patchy, with governments lacking the fortitude to stick to rules when the going got tough.
-
Productivity Commission piles in to Labor’s schizophrenic war on big business
Industry Minister Tim Ayres rightly says that Australia is in competition for global capital as he throws taxpayer money at …