When short-term politics trumps responsible economics
The budget should not be making any additional demands on the economy; indeed, it should be withdrawing any stimulus.
Judith Sloan
Latest
In annals of dodgy policy, you can’t go past NDIS
The special GST deal for Western Australia is often singled out by economists as the worst public policy mistake of the century. But it’s got nothing on the NDIS.
Albo’s plan to subsidise billionaires’ projects an electric shocker
You wouldn’t buy a fridge that only works a third of the time or a stove that only works a third of the time. But we are expected to believe renewable energy is the route to cheaper electricity and economic prosperity.
Spare us this dog’s breakfast of failed thinking
Just because other countries are introducing wasteful policies, this shouldn’t be an excuse to follow suit.
Soaring migration means misery has plenty of company
It’s no surprise many are feeling cranky; with migration at an all-time high, the stress on the rental market and demand pressures are pushing up inflation – hitting people across the board.
‘Reformer’ Chalmers is a pale imitation of Keating
Unlike PJK, the incumbent Treasurer is effectively minding the shop, has no authority or persuasive powers in cabinet and is mainly hoping for the best.
Why the National Electricity Market is on its last legs
What started as a market-based trading scheme in the 1990s has descended into a chaotic combination of federal and state rules and subsidy arrangements.
Bowen can’t suppress nuclear debate with selective facts
The reality is Bowen can’t be completely confident of his position and he is reluctant to enter into a bun fight with the Left of his party should there be a proposal to lift the legal prohibition on nuclear power.
Cost of living relief is no way to tame inflation
People don’t like inflation, but people also don’t like the measures needed to control it. This is the heart of the politics of inflation. It is the main reason why many governments are not good at the task.
Accord proposals won’t do anything to fix our universities
I once taught economic statistics to uni students with low entry scores. Most struggled, many lost confidence and a reasonable chunk failed.
Original URL: https://www.theaustralian.com.au/author/judith-sloan/page/8