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Cherelle Murphy

May

Former Treasury secretary Ken Henry, author of the 2010 tax reform report, says the inertia of the past 15 years is an intergenerational tragedy.

Tax inertia pushes budget towards a black hole

Redesigning the tax system against the principles of fairness, efficiency, sustainability and coherence would deliver us all with an economic dividend.

January

The Iranian army conducting a drill: geopolitical risk is now very high.

How to get the truth from economic forecasting

Everybody wants to know if interest rates are going to come down this year. The best way to find out is by challenging economists’ assumptions.

December 2023

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Fiscal policy must belatedly step up to inflation fight

Australia’s treasurers could do more to help the Reserve Bank to navigate the narrow path to a soft landing and reduce the need for further interest rate increases.

August 2023

Climate Change Minister Chris Bowen could impose some form of green tariff to protect domestic manufacturers.

Free trade is no longer risk-free in new world of de-globalisation

We can’t pretend national security risks and the need to reduce our carbon emissions don’t exist. But nor can this small, open economy give up on the free flow of goods, services, capital, technology, ideas, payments and people.

May 2023

 Team Albanese knows executing expensive policy would just make the Reserve Bank’s job harder, and result in higher-than-necessary interest rates.

Budget should be all about productivity

This structural budget deficit could be closed by reforms that enable governments and businesses to do more with less.

February 2023

In Sydney’s deeply mortgaged Surry Hills, diners are willing to pay $10 for two Jatz crackers with smoked butter and anchovies.

Real interest rates must rise to finish the job

The Reserve Bank will have to go much harder to rein in inflation.

Original URL: https://www.afr.com/by/cherelle-murphy-p536q2