How to reverse Whitlam-sized growth in government
The day before news broke that inflation had surged to 5 per cent, the Australian Bureau of Statistics reported that …
Economics Commentaries
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Wages growth boost would boost government’s election hopes
This week, the Reserve Bank increased interest rates by 0.25%. This comes in response to last week’s ABS figures that …
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Reserve Bank must be made accountable for inflation mistakes
Both major political parties support an external review of the Reserve Bank of Australia (RBA) after the election. What should that review …
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The biggest issues facing the Reserve Bank of Australia
Hip pocket issues have always been a key part of any election campaign. In that respect, this election is no …
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The one night stand federal budget
If it was remarkable how little hype there was going into this year’s budget, the rapid speed at which it …
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A Budget That Voters Want? We’ll Find Out
The most striking feature of Tuesday’s 2022-23 federal budget is how well the Australian economy is performing. Whereas two years …
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The silence surrounding the budget is deafening
We are just a couple of days out from the budget and things are eerily quiet. Precious little detail has been leaked to the media.
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Treasurer should say goodbye to old friend bracket creep
Treasurer Josh Frydenberg has been busy massaging pre-budget expectations. We are told to expect an earlier and lower peak in debt as a proportion of GDP than previously forecast, with a decline over the medium term (which in budget-speak means up to 2032).
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Why Cutting Fuel Excise Isn’t the Best Option to Ease Cost of Living in Australia
As surging petrol prices eat into household budgets, politicians have been trying to demonstrate their empathy with ordinary Australians. Federal Treasurer, Josh Frydenberg, has signalled that this month’s Budget will contain targeted assistance to ease cost-of-living pressures.
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Brace yourself for the defence election
Seemingly out of nowhere, defence has emerged as a key election issue. Of course, focus on defence procurement and spending has been growing for a number of years. It began with the decided cooling of relations with China, then was supercharged by Putin’s naked aggression in the Ukraine.