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Industrial Policy

The MAGA takeover of the Liberal Party of Australia
Andrew Hastie is drifting into MAGA-style economic nationalism, chasing car factories and coal dreams instead of offering a serious alternative to Labor.
The bailout economy
Bailing out Glencore’s Mount Isa smelter taxes the future to subsidise yesterday’s inefficiency.
Albanese's rent-seeking agenda
Australia’s new biofuel grants risk repeating international mistakes where subsidies created rent-seeking industries with questionable environmental benefits and higher food prices.
It's not that complicated
Australia’s economy lacks complexity, but beware those who spin that into a call for heavy-handed industrial policy.
Corporate welfare is the new black
Taxpayers shouldn’t fund uncompetitive battery manufacturing just because politicians want photo ops.