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Tuesday, June 16
MMT in Three Layers
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I often find myself in conversation with supporters of Modern Monetary Theory, and for a long time I was mystified by what they are saying. ...
Sunday, June 14
A Cruel Irony in the Housing Target
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The Government wants 1.2 million new homes built in the five years to June 2029. It is not going to happen on current trends. The first five...
Weekly Energy Update
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We have heard it many times before: the United States is on the verge of a deal with Iran. Trump has announced breakthroughs that never mate...
Friday, June 12
A tour of the microeconomics of housing
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What this is Home purchase prices in Australia have risen a long way, faster than incomes, for at least a generation. There is a great deal...
Tuesday, June 9
Capital Gains Tax: Good Reform or Bad?
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Australia has a fiscal problem, and it is not a small one. The 2026-27 budget carries an underlying cash deficit of \$31.5 billion, roughly ...
Wednesday, June 3
Q1 2026 GDP: A Soft Quarter, an Above-Potential Year
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The headline reads as solid for the year but weak for the quarter. The AI/data centre investment boom is largely discounted because the equi...
Sunday, May 31
Weekly Energy Update
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Australian Fuel Gate Prices Of note: the Fair Work Commission has a proposal before it to extend the diesel cost pass-through for truckies ...
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