When COVID-19 struck, Australia’s Treasury didn’t have the luxury of years of work, refinement and debate to develop JobKeeper. It had to perform battlefield surgery.
From higher mortgages to hoarding outdated technologies, how will the government’s current stance on climate change affect the economy for Australians?
The US debt ceiling is a form of self-delusion: a limit imposed on a borrower by the borrower itself. Australia had one until the Coalition and the Greens abolished it.
Australia faces economic problems down the road if three big, structural reform areas – housing affordability, the tax mix, and decarbonisation – are not addressed.