The fate of the last three prime ministers is intimately linked to their failure to explain the rapidly changing economic fortunes of this country.
Australia’s multi-decade boom in living standards is now confirmed as over. All the economic indicators and … Read more
No one enjoys being unpopular, especially in our vain, materialistic and often dull contemporary Australia. Popularity is as important to Australians as soy flat-whites, low-hanging filament light bulbs, and the eponymous weekend real estate lift out. Oh, and having 24 … Read more
There has been much talk in the last few weeks and months about intergenerational fairness, in part because of the release of the government’s Intergenerational Report, which predictably details what young Australians already know: we have been shafted … Read more
Financial System Inquiry skewers housing speculation
A week is a long time in mainstream economic “analysis”. If the recent release of the final report from the Financial System Inquiry (the Murray inquiry) has not made you sit up and take … Read more
There seems to finally be an emerging awareness amongst traditional media in Australia of the intractable problem caused by our epic housing bubble coinciding with the end of the commodities and mining investment boom. In the words of certain pundits … Read more