Archive

Australia’s national accounts were released last week and confirmed that our per capita recession – defined as two consecutive quarterly contractions – didn’t just continue into the December quarter, but deepened: on a per person basis, our economy is now a full 1% smaller than where it was a year ago.

The Greens released their much-hyped housing plan last week and while I wouldn’t normally give this much attention to a minor party’s policy, it was just so full of well-meaning but really confused policy, I just had to weigh in.

Where the cost of living crisis is biting hardest; China’s pivot from growth to security; AI is a marathon, not a sprint; why interest rates might stay higher for longer; and plenty more in this week’s Fodder.

Chinese cars offer great value and affordability, but US automakers are lobbying for protection, just as they did with Japan in 70s. Fortunately, Australia’s lack of auto manufacturing means that this time around, we can enjoy the full benefits of competition!

Facebook leaving Australia shows that the media bargaining code backfired. The government misdiagnosed the problem and harmed consumers while benefiting the big media companies. It’s time to cut our losses, accept that the code was a mistake, and focus on real solutions to support local media.