The problems of housing affordability are so serious that everyone agrees – something must be done.
Much of what’s said about government spending will be influenced by partisanship,ideology,self-interest and populism.
No profession spends more time contemplating the future than economists. Are they any good at it? Well,no,not really.
Fewer students are studying economics at high school,and few of those go onto a dedicated economics course at university. And that’s a problem.
A protest vote on the cost of living will achieve little. The best election outcome would be a minority government dependent on the support of those who get the urgency of climate action.
While we complain about “the cost of living”,the mugs who elected Donald Trump again were on about “inflation”. Aren’t they the same thing? Maybe,maybe not.
Those retiring in coming years – particularly those who own their own home – won’t just be comfortable,they’ll be rolling in it.
We’ve been told the recent leap in power prices has been caused by Russia’s invasion of Ukraine. But that’s a tiny part of the story.
Labor has turned its mind to fixing the problems left by the Morrison government. But its timidity is holding up essential reform.
Australia’s aspiration to forge a greener future by becoming a global “superpower” is a realistic idea.