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Paul Brennan

July 2024

RBA governor Michele Bullock has an inflation number that she can still smile at.

Productivity is the key to taming inflation for good

Either governments and business improve the supply side of the economy, or the RBA will have to keep squeezing demand indefinitely.

October 2020

A redesigned JobMaker hiring credit program may be needed to achieve the Budget’s ambition of a sustained path back to low unemployment.

Budget gets spending balance wrong on hiring and investment incentives

Spending more than $4.2 billion on hiring subsidies is the better way to bring back jobs than $27 billion writing off investments that businesses may hesitate to make.

February 2020

Reserve Bank governor Phil Lowe made it clear QE was uncertain for Australia and not coming soon.

Investment appetite needs stimulating

Rate cuts won’t transform the economy. But energy certainty and tax reform could encourage business to risk investing in future growth.

Original URL: https://www.afr.com/by/paul-brennan-p4yvqt