Archive

In 2023, the IMF ranked Australia #2 in the G20 for budget management, mostly due to good luck and fortuitous timing. The government’s “responsible approach” claim is overstated and our fiscal position remains vulnerable to economic shocks.

Senator Nick McKim wasted everyone’s time for a headline; the replication crisis in social sciences rolls on; why even a little productivity matters; manufacturing can’t create enough good jobs; and how crises past can have long lasting effects on people’s financial decision-making.

Today’s AI, with its many flaws, is more of a force multiplier than revolutionary tech. Australia should avoid rushing to compete with global leaders in the name of AI sovereignty and instead focus on building guardrails, without being so prescriptive as to kill innovative attempts at AI diffusion.

Australia should resist Albo’s “Future Made in Australia”, which will make all but a few well-connected businesses and workers worse off. Instead, we should focus on boosting industry productivity through reforms such as eliminating trade barriers and zoning restrictions.

How are interest rates affecting Australia; merger reform and misunderstanding competition; India’s Modi and policy uncertainty; and does Australia need parliamentary reform?