Justin Pyvis
Justin holds a PhD in economics and has 20+ years of policy and investment experience across Australia, NZ, and Hong Kong. These days he’s often found walking cities (jwalk.ing, trying to understand how they work.
An independent RBA is better than the alternative
An independent Reserve Bank of Australia is crucial for economic stability and low inflation. However, a big-spending Budget and attempts to politicise the central bank would jeopardise its independence, leading to higher inflation.
Friday Fodder (18/24)
Are smartphones poison to young people; why the Victorian and Western Australian Budgets really irk me; the yanks may have finally spent all their pandemic savings; Europe is confronting the realities of industrial policy; and if you think housing is bad in Australia, at least it’s not this bad.
Albo's HECS changes: fairer and cheaper, or regressive and expensive?
Rather than fairer and cheaper, Albo’s HECS changes will make the scheme more regressive and expensive, benefiting middle-to-upper income households, distorting work-study incentives, and failing to address real barriers faced by disadvantaged groups.
What's up with Japan?
The yen’s collapse has made Japan a tourist hotspot, but it has also sparked crisis fears. While a full-blown crisis is unlikely due to Japan’s relatively low interest costs and its ability to raise taxes, an ever-aging population and repeated policy missteps are only increasing the risks.