‘Big Australia’ is over yet home hangover remains
Population growth has eased but we still need a surge in housing supply.
Population growth has eased but we still need a surge in housing supply.
A day after dabbling with dismal science fictions on productivity, wages and inflation, the Prime Minister has sensibly gone back to basics.
The Prime Minister claims the age-old laws of economics no longer apply. But decent real wage growth is not sustainable without a huge lift in productivity.
During the election campaign, the major party leaders won’t be talking about the hard years of fiscal repair ahead of us.
The election will be fought in a netherworld of denial and obfuscation. Dig into the budget papers and it’s clear the worst is ahead of us.
What was once a targeted system of support for pensions and unemployment benefits is now a new social order where taxpayers fund demand-driven services such as childcare and the NDIS.
Since the start of the year, the Prime Minister has been traversing the nation like a cheery uncle dealing out First Holy Communion cards stuffed with cash. But we need to get our fiscal house in order to survive Donald Trump’s made-in-America turmoil.
In the pandemic’s early days, panicked shoppers cleaned out supermarket shelves – then Team Australia came to the rescue.
An election campaign will not only expose our fragility, inadvertently amid a spending splurge, but also the timidity of our politicians to address these chronic problems.
Season 24 ended with a win but Team Australia is playing far below its potential.
Original URL: https://www.theaustralian.com.au/author/tom-dusevic