A rising world inflation tide will submerge the Reserve Bank’s credibility
The credibility of the Reserve Bank of Australia has never been under greater threat in light of Governor Philip Lowe’s…
Is high inflation back?
Inflation is clearly on the rise worldwide, running at over 5 per cent in the United States and over 3…
Why our fiscal situation is much worse than you think
According to the latest International Monetary Fund data, Australia’s budget deficit and level of public debt are set to reach…
Just what is the Reserve Bank up to?
The conduct of monetary and fiscal policy since the pandemic began has no parallel in Australia’s economic history, certainly not compared to what happened during the more severe Spanish Flu a century ago. Back then in the…
Budget 2020: we need a strict supply side focus to fix this government induced recession
The dictum that “a little knowledge is a dangerous thing” rings very true in the run-up to the federal budget.…
Extra infrastructure spending won’t build a road out of the corona recession
Increased government spending on infrastructure has been proposed yet again to revive the economy from the government-imposed recession. The latest…
The two great threats of 2020: coronavirus – and Keynes
The fiscal response to the COVID-19 pandemic leaves an economically threatening legacy of high budget deficits and public debt. Australian…
