The Reserve Bank has explicitly warned against any expectation that interest rates will start to fall soon. On the other hand, the Treasurer recently claimed that the Reserve Bank is smashing the economy, implying that interest rates should fall soon. Who is right? Interest rates have risen exceptionally rapidly over the last two years, with Continue reading »
Economy
While most Australians remain well-housed, few public policy experts would argue that our housing system is today in good shape. Homelessness continues to increase and both rental and mortgage affordability stress are widespread. But although compounded by post-pandemic market disruption, such problems have been mounting over decades. Perhaps the single most powerful indicator of dysfunction Continue reading »
Political and economic pressures are rising in Papua New Guinea (PNG), with escalating social tensions suggesting a need for focused regional support. Critics argue that given ongoing civil unrest, political instability with Rainbo Paita’s challenge to Prime Minister James Marape and substantial economic challenges such as a stagnating minimum wage and increasing poverty, financial aid Continue reading »
The recently published book 'Nuclear is not the answer' by Prof. M.V. Ramana at the University of British Columbia provides a comprehensive and well-researched response to the evolving debate on the relevance of nuclear in our energy mix. Continue reading »
The All-Ords share price index plunged 5.8% in the first two trading days of August and then rebounded 5.8% by 30 August. It ended the month just 0.3% short of where it started. The main reason for the sharp V-shaped trading pattern of August was initial fear that the US economy could plunge into recession Continue reading »
We can all be grateful that the acting auditor general Rona Mellor has decided to take at least a sideways glance into Commonwealth speculation, alongside a similar bet by the probably outgoing Queensland government, in an American horse in the great quantum computing race. I know nothing to say that there is anything intrinsically dodgy Continue reading »
The Government has announced it will include dynamic pricing in a consultation into ticket resale websites after hundreds of complaints over Oasis ticket sales. But that's just the start
The federal Department of Health will soon finish a “health check” of private hospital finances. Warnings of an emerging crisis sparked the review, with private hospital closures, claims that more hospitals are on the brink of collapse, and high-profile disputes between private hospital companies and health insurers. About 70 private hospitals have closed since 2019, Continue reading »
AUKUS and the FPA will lead us into unnecessary war, compromises our sovereignty and bring with them toxic risks to our health through radiation leaks, accidents associated with the nuclear reactors and the toxic waste from porting US and UK nuclear submarines Continue reading »
The looming question for me and my partner is “where might we live as we grow older and frailer?” For us, the ideal place is likely to be a retirement village. But at what cost? Continue reading »