Geoff Hanmer University of Adelaide Australia has done better with COVID-19 than anyone dared hope. This opens up the prospect of progressive relaxation of restrictions later this year. Organisations which could participate in an economic stimulus program will need to be in a position then to deliver “shovel-ready” projects to help revive the economy. The […]
7 May 2020 On top of countless human tragedies, there will be many long-lasting social and economic impacts of the Covid-19 pandemic. Perhaps none will be more profound, though, than the death of free-market fundamentalism and the return of the State. Why now? After all, there have long been moral, social, and environmental risks posed […]
7 April 2020. This article considers economic strategy post-Covid-19. In Part 1, it is argued that the principal requirement will be to raise the rate of increase in aggregate demand, and that Morrison’s proposed business-friendly policy settings will not help. Part 2 considers how best to increase aggregate demand, and what that implies for the […]
7 May 2020. Here, I address (i) how best to support aggregate demand, and (ii) how quickly to restore budget balance. In Part 1 of this article, I concluded that these are the two key issues for future economic policy. As we emerge from the Covid-19 pandemic policy is now starting to consider future economic […]
Posted 7 April 2020. Adam Triggs. And that means government spending is overwhelmingly beneficial in these crisis conditions. Much is uncertain about the Covid-19 crisis, but two things are clear: government debt is about to become much bigger, and there’ll be no shortage of commentators who will say that’s a problem. G20 governments have collectively […]
Posted 1 April 2020 The latest economic response to the coronavirus is the third economic package announced in less than three weeks. Clearly, more than this should have been done previously, but the structure and scale of the Government’s overall economic response now seems commensurate with the size and impact of the economic shock. The […]
Michael Mazengarb Posted 10 March 2020 Federal Labor’s renewed commitment to a net zero emissions target has ignited a new front in climate wars that have plagued Australian politics for more than a decade – but it has shown that the Morrison government now stands alone in opposing progress towards the decarbonisation of the Australian […]
Hal PawsonJudith YatesVivienne Milligan Despite two years of housing market cooling in Sydney and Melbourne, Australia stayed near the top of the global unaffordability league in 2019. And with prices rebounding in our two largest cities, that status is likely to be reinforced in 2020. Australia’s 30-year housing affordability decline has been among the worst […]
Tim Colebatch. Posted 28 November 2019. Bringing down global emissions will require a ‘laser-like focus’. You probably won’t be surprised to hear that energy policy is way off course around the world. At the Paris climate conference, governments committed to reducing emissions to try to hold the rise in global temperatures to 1.5 degrees. Four […]
Lionel Orchard. Posted 28 November 2019. The foundations of a balanced and equitable housing system in Australia have been corroding for some time to a point at which ways forward are becoming increasingly vexed. Questions about how to respond are difficult, because of the legacy of neglect over recent times, and changing economic and social […]
