Growth

Australia’s economy risks stagnation as government spending crowds out the private sector, increasing inflation, slowing productivity, and leaving the nation vulnerable to European-style economic malaise.

Despite Australia’s sluggish economic growth and record-high government spending, a closer look at the data reveals that the situation may not be quite as dire as it seems.

The Albanese government took the guillotine to democracy; Argentina is getting a good old-fashioned dose of microeconomic reform; what Victoria can teach the rest of Australia; prediction markets and the future of forecasting; and trade works in roundabout ways.

The US election is happening right now, with the outcome to have potentially significant implications for Australia.

Australia’s partisan energy debate overlooks the real goal of achieving energy abundance, which requires an ‘all of the above’ approach that pragmatically embraces every viable energy source rather than getting bogged down in tribal politics.