Trump’s calculated brinkmanship or a humiliating backdown?
Either way, Donald Trump’s decision to suspend his suite of reciprocal tariffs is very welcome news.
Either way, Donald Trump’s decision to suspend his suite of reciprocal tariffs is very welcome news.
Jim Chalmers is a good retail politician but a bad economist. Angus Taylor is a superior economist yet not a natural politician. But the Opposition spokesman more than held his own.
Notwithstanding the suite of government programs on offer, the housing distress that far too many Australians experience won’t be disappearing soon.
While it’s true that countries cheat, fudge and manipulate – gosh, even the US does this – trade between countries offers win-win outcomes that improve global living standards.
It seems a very long time since the economic sense of Bob Hawke and Paul Keating dominated the political narrative.
If we were only interested in affordable and reliable electricity, we would’ve stuck with coal and replaced the ageing plants with high-efficiency, low-emissions plants.
While there is a small degree of relief, there is no real reform and absolutely no repair.
The danger is these relief measures can get out of hand, blowing up the budget and being counter-productive.
The estimates on gross debt are alarming. Recall the days when Chalmers would tease then treasurer Josh Frydenberg about reaching $1 trillion in debt. This year’s budget predicts this figure will now be reached under Chalmers’s watch.
Sadly, both sides of politics have been captured by pro-immigration lobby groups; property developers, universities, big business, the bureaucracy, some ethnic groups and show little inclination to significantly reduce migrant intakes.
Original URL: https://www.theaustralian.com.au/author/judith-sloan