If I were a vindictive person, the overwhelming temptation in this current moment in history would be to say “We told you so”. Sadly I am a vindictive person, but instead of saying “We told you so”, I’m here … Read more
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
If there was ever any doubt that the great Aussie Housing Bubble is bad for the economy, David Murray’s repeated warnings about our banks and financial system should clear that up. The chair of the recent financial system inquiry today … 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