NewsBite

Richard Holden

This Month

New technologies like AI are our best hope of improving quality across the economy. It’s already happening in many sectors.

AI robots and smarter tech could be our economic lifeline

We must avoid following the misguided European path of innovation-killing regulation that sees every technological advance as a threat.

Why most people overpay for residential property at auctions

Thanks to the “Winner’s Curse”, winning an auction or making an acquisition is a recipe for failure if you’re not careful.

Negative emissions technologies play a crucial role in the energy transition. And they need to be supported by a well-functioning “carbon offset market”.

Bad carbon credits are undermining climate progress

One thing both the left and right ought to be able to agree upon is that an effective market for high quality carbon credits is important.

May

In theory, competition should mean the best ideas win out and people are better informed. But conditions apply.

How efficient is the marketplace for ideas?

Is significant regulation of speech required? Or can we leave it up to the “marketplace for ideas” to handle it?

Chalmers was a senior staffer to then treasurer Wayne Swan during the global financial crisis.

Why Jim Chalmers will have his ‘Wayne Swan moment’ with the super tax

There is zero chance of the new impost raising $40 billion over the next 10 years.

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RBA Governor Michele Bullock

Trump tariff war is driving RBA decisions

Just as the president and the effects of his whims are hard to predict, so too will be the Reserve’s future choices.

The dollar is losing its lustre as the world’s reserve currency.

How the US lost its stranglehold on global reserve currency status

We may well be having an “economic moment” where the American dollar goes the way of the pound before it.

After slamming the Coalition’s economic policy in a press conference, Jim Chalmers relaxed at The Paddo.

Is Labor ready to get real in its second term?

The first Albanese government was all about “tricks” – a shameless democracy-damaging series of porkies. Can it pick up its game with a commanding majority?

April

The Future Made in Australia plan has not been successful to date—and probably won’t be. I know how personally attached to it you are, but letting it die would be no bad thing.

How Labor can rectify the economy if they win

Rebooting the Federation white paper process would be an important enabling capability for sorting out a raft of issues.

There is no grand strategy underlying Trump’s plans.

There is no cunning theory behind Trump’s tariff plan

The White House cited my classmate’s economic research to justify its reciprocal tariffs – it got the maths wrong. But it gets worse.

President Donald Trump unveils the reciprocal tariffs.

Libs and Labor election agendas not fit for Trump’s new trade world

Now, more than ever, we need leaders capable of acting in the national interest rather than in favour of sectional interests.

March

Treasurer Jim Chalmers.

Chalmers is wrong. The worst is not behind us, it is yet to come

Not only are there no plans to increase productivity and hence living standards, the budget actively makes this harder.

Trump could target our healthcare system next. We don’t need to panic

If there are retaliatory tariffs because of standing up for our PBS jewel, so be it. That would be unfortunate and unfair, but Australia can weather it.

Former US Treasury secretary and former Chair of the Federal Reserve, Janet Yellen at Icebergs, Bondi.

If Musk aims to save trillions, he’s doing it wrong: Yellen

America’s former Treasury secretary Janet Yellen speaks candidly about Trump, getting DOGED, choosing economics and why she’s an inveterate planner.

We have restrictive zoning laws that, combined with our national preference for detached housing, have led to low housing density in major capital cities.

Productivity problem empowers populist right

We had better get our act together in Australia or we may court the kind of poisonous politics wreaking havoc in the United States and across Europe.

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Anthony Albanese and Peter Dutton.

Budget is not in shape for age of uncertainty

Australia’s fiscal position is anything but healthy. If we don’t take serious action soon we will be unable to respond to global shocks – which are not exactly out of the question.

February

Treasurer Jim Chalmers says the reforms to the RBA will improve its decision making process.

Bullock and the board playing dice with Australia’s economy

The Australian public needs more than a good luck charm to finally tame inflation and our ongoing cost-of-living crisis.

Ross Gittins

Ross Gittins’ rebuke of economics today is wrong, silly and offensive

Ross Gittins is a legend of Australian journalism. But his column on Monday was a shocker. I guess even legends can be wrong.

LNG tankers.

How Australia’s gas boom turned into a nightmare

Our nation exports gas – but now we’re paying the price as a result of a huge and entirely predictable bipartisan policy failure.

January

President Joe Biden walks to speak in the Rose Garden of the White House in Washington.

Albanese must learn from these 3 mistakes of Bidenomics

If the prime minister doesn’t change his approach quickly he will face the same fate as the outgoing US president. Booted out of office, and with a legacy he’ll regret.

Original URL: https://www.afr.com/by/richard-holden-p4yvjy