Economy

Created
Sat, 14/09/2024 - 04:56
An article published in the Medical Journal of Australia earlier this year points to increased private equity (PE) activity in Australian healthcare, conservatively estimating A$4.5 billion in acquisitions across general practice and selected specialties in 2022 alone. The paper refrains from extensive commentary on the drivers and implications of this trend. However, it points to Continue reading »
Created
Sat, 14/09/2024 - 04:59
Australia is to spend mind-boggling money to weaken its own security. Minister RIchard Marles has released a National Defence Strategy which centres on what he calls “projection”. That is, Australian forces threatening China from China’s surrounding waters. The Albanese Government’s defence policy manufactures grievous risk for Australia. That risk must be understood by the government. Continue reading »
Created
Fri, 13/09/2024 - 04:55
The global wheat trade is undergoing a transformation, shaped by geopolitical shifts, strategic investments, and historical legacies. Central to this evolution is China’s Belt and Road Initiative and its expected impact on traditional trade relationships, including those with Australia. The Australia-China wheat trade has deep roots, tracing back to the 1960s when Australia supplied grain Continue reading »
Created
Fri, 13/09/2024 - 04:59
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 »
Created
Tue, 10/09/2024 - 04:54
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 »
Created
Fri, 06/09/2024 - 04:51
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 »
Created
Tue, 03/09/2024 - 04:56
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 »
Created
Tue, 03/09/2024 - 04:58
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 »