Economy

Created
Sun, 30/06/2024 - 04:50
We take nature and biodiversity for granted. Nonhuman life is like a backdrop — we don’t pay much attention to it. This is a mistake. Nature provides all our needs and wants. It provides resources, services, and economic, mental, and physical benefits vital for human survival. Protecting the natural world is an investment in our Continue reading »
Created
Sat, 29/06/2024 - 04:55
Mike Pezzullo once bestrode the federal public service like a colossus, or so some fancied. He may have thought so too. Sundry journos we’re in the habit of describing him as the most powerful public servant in the land; he never was. Whatever he was, Mike fell to earth last year when he was sacked Continue reading »
Created
Fri, 28/06/2024 - 04:53
The Australian government needs to stand up against growing global protectionism and make some hard budgetary choices between guns and butter, defence and welfare, and the need to reform taxes if it is to avoid taking on too much at once in a world economy characterised by uncertainty and geopolitical tensions, and in an Australian Continue reading »
Created
Fri, 28/06/2024 - 04:52
There’s something curious about the proposed merger between Chemist Warehouse and Sigma Healthcare. Chemist Warehouse has about 550 retail pharmacies. Sigma has another 400. Yet the law limits owners to just a handful of pharmacies per state. Queensland, New South Wales and Victoria allow just five, Western Australia and Tasmania allow four, and South Australia allows six. The two Continue reading »
Created
Sun, 23/06/2024 - 04:50
David Daokui Li says China’s decision makers have finally come around to stimulating domestic consumption rather than investment, and for that Beijing will provide more welfare. The Communist Party of China has said the upcoming Third Plenary Session of its current 20th Central Committee will focus on “deepening comprehensive reform to advance Chinese modernisation.” Based Continue reading »
Created
Sat, 22/06/2024 - 04:51
While Australia and China have very different approaches in PNG, both are in working primarily with political elites, while alienating the New Guinean public. Two recent financial deals that seemingly benefit Papua New Guinea indicate the problems at the heart of the country’s political and economic outlook. The separate agreements between PNG and two rival Continue reading »
Created
Thu, 20/06/2024 - 04:56
If a future Prime Minister Dutton was able to get the fuel for a HALEU power station, would you be absolutely confident that he might not want to also dabble in some nuclear weapons procurement as well? A recent Science paper (7/6) highlights one of the potentially disastrous risks the Dutton nuclear plan raises. Recently Continue reading »
Created
Thu, 13/06/2024 - 04:53
With what passes for Australia’s population debate in the spotlight again, some history might prove illuminating, especially environmental history. The United Tasmania Group (UTG) formed on 23 March 1972 at Hobart Town Hall, under the leadership of botanist Richard Jones, as the threat to flood Lake Pedder reached a climax. The lake came under threat Continue reading »