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Michael Stutchbury

This Month

ASIC chairman Joe Longo. He says the superannuation system is not delivering for many members.

Big super is being put to the stress test

The sector is destined to become bigger than the $5.3 trillion banking system, but it’s unprepared for what happens when retirees draw down their balances.

Yet there is little that is normal about Trump returning to the White House.

The inflation and immigration lessons of Trump

Donald Trump’s question to voters - “Are you better off than you were four years ago?” - has cut across gender and racial divisions.

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October

Deserted cities: most do not understand that inflation was caused by the stimulus that saved them in the pandemic.

Why the RBA has a massive public education job to do

Inflation is high because of the stimulus that Canberra and the RBA poured on in the pandemic. But the public struggles to understand this.

Donald Trump during an address to the Detroit Economic Club on Thursday.

The $US50 trillion ticking time bomb in America’s new exceptionalism

US households are becoming wealthier but, as taxpayers, they are increasingly on the hook for their government’s borrowing.

September

Michele Bullock.

RBA’s Bullock now has a bigger megaphone. But what should she say?

It’s possible the inflation problem is not about overheated demand, but rather the supply bottlenecks caused by lagging productivity.

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BCA chief executive Bran Black, Prime Minister Anthony Albanese and BCA president Geoff Culbert at the annual BCA dinner.

Corporate Australia can’t let Albanese brush reform under the carpet

Business needs to get more on the front foot in calling out the policy and political class failure that most media coverage has normalised.

Reserve Bank governor Michele Bullock is stubborn in a good way.

Chalmers dumps his fiscal profligacy onto the RBA

The government has its foot on the spending pedal while the Reserve Bank tries standing on the brakes. There is no sign of the co-ordination that has been called for.

Jim Chalmers, Michele Bullock and the inflation dragon.

Treasurer v the RBA: Why Chalmers and Bullock are both right

Jim Chalmers says the economy is getting smashed by high rates, but it’s still running too hot for the RBA. The answer is simple: productivity.

August

Jim Chalmers seems now at odds with Paul Keating.

Why Paul Keating is furious with Jim Chalmers

For the first time, the former Labor leader is slamming the Albanese government on economics rather than AUKUS. It’s all about the politics of aspiration.

Prime Minister Anthony Albanese with Nobel laureate Joseph Stiglitz in July 2022.

Professors and populists all get inflation wrong

Despite what a Nobel prizewinner and Jacqui Lambie might think, growth is the only serious answer to inflation.

Federal Labor just matches profligate state governments with more spending of its own.

Can our prosperity survive a year of political madness?

Public policy is now swinging in the populist wind. And it’s hard to imagine the election of a government that can rationally take back control of it all.

AFR editor-in-chief Michael Stutchbury’s 17 most memorable front page stories

On his final day as editor-in-chief, Michael Stutchbury reflects on the stories that have chronicled the changing face of Australia, won awards, and ended careers.

July

Andrew Forrest and Michael Stutchbury at the Fairfax offices in Pyrmont.

The three strategies that saved the Financial Review

It had a competitive advantage of deep engagement with the Australian business community. But that was just the starting point, writes outgoing editor-in-chief Michael Stutchbury.

June

Reserve Bank of Australia deputy governor Andrew Hauser.

RBA’s new Englishman tells Aussies: you’ve forgotten how rich you are

If Australians don’t appreciate their fortune, as Andrew Hauser correctly points out, they may not be well placed to preserve it.

May

Kerry Stokes’ Seven West Media has demanded a 100 per cent price increase to continue printing The Australian Financial Review in Perth.

AFR will not walk away from WA

Political and business leaders in Western Australia say privately that Kerry Stokes has an unhealthy degree of media power in the state.

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February

Keating’s list of business greats spans miners and property moguls

Keith Campbell, Rod Carnegie and Marius Kloppers were all praised by the prime minister who oversaw a period of great change in the Australian economy.

Why Keating says he was lucky to avoid university

The former prime minister believed he needed more than a deep knowledge of one subject to pursue his ambitious reform plan.

Keating: It’s not just his age, Biden’s party lost the working class

The Democratic Party’s political problem is that it has lost touch with the concerns of ordinary working Americans, former prime minister Paul Keating says.

Years after his landmark Redfern speech, Paul Keating told professors Megan Davis (pictured) and Marcia Langton he disagreed with the Voice plan.

The Voice was a ‘mistake from the start’

Former prime minister Paul Keating is calling for an Aboriginal legislated body to build on the gains of native title.

Former prime minister Paul Keating: “I always felt like I was 40. All of a sudden, you look around, and you’re not 40 any more.”

It’s time for Australia to break out of its ‘timidity’: Keating

At the age of 80, Paul Keating urges Australia to be bolder, to reassess its links with Britain and the US and its failure to reconcile with Indigenous peoples.

Original URL: https://www.afr.com/by/michael-stutchbury-j7gej