Economy

Created
Fri, 15/11/2024 - 04:55
Is our dependence on mining a sign of economic weakness? Is Australia suffering from the “resource curse”? This idea is a strong theme in Ken Henry’s address to the Royal Society of New South Wales: Inequality in Australia. The mining industry is “the basis of our strong economy”. That’s hardly a contentious assertion: many would see Continue reading »
Created
Fri, 15/11/2024 - 04:57
Australia is continuing to expand its relationships with Israel’s defence sector, defying the UN’s International Court of Justice. Republished from DECLASSIFIED AUSTRALIA, November 05, 2024 Australia is yet to give effect to urgings of the International Court of Justice (ICJ) to suspend all military trade with Israel until a review is completed of the exports. Continue reading »
Created
Tue, 12/11/2024 - 21:54
11th of November 2024 My Lords, there are many things to welcome in this Budget, particularly on the spending side. I am less keen on some of the tax proposals, which seem to be mean-minded and counterproductive, such as the tax on knowledge. The spending commitments are important because they reverse the disastrous policy of … Continue reading Speech in the House of Lords – Autumn Budget 2024
Created
Tue, 12/11/2024 - 04:57
Somewhat surprisingly, careful analysis and modelling show that Trump’s crude attempt to Make America Great Again, mainly damages the American economy. The rest of the world, and Australia in particular, should proceed with their own business as usual. At this stage it is difficult to know how America under Trump will relate to the rest Continue reading »
Created
Sat, 09/11/2024 - 04:54
The need to restructure energy planning and regulation in Australia has been apparent for over a decade, since households and businesses began rapidly installing solar panels on their roofs, flipping the traditional one-way, large-scale supply of electricity into a two-way, consumer-led transition. There needs to be thorough expert consideration on how best to facilitate this Continue reading »