The 2022-23 budget is the result of a good plan, well executed. But whichever party next takes government must close the deficit gap – without resorting to austerity.
It’s time for a new brand of democratic liberalism that understands and harnesses power of markets for social and economic good.
Australia’s GDP was up 3.4 per cent last quarter of 2021, on the back of pent-up consumer spending. Other factors must drive future growth.
Adjusting tax brackets in line with inflation would ensure voters who wanted more government spending would also have to vote for more tax.
A tighter labour market than in the past is now needed to drive real wages growth.
For many small businesses the past month has been the most difficult period of the pandemic. Australia needs a better plan to help more survive.
There’s no reason why Australian lenders couldn’t offer 30-year fixed-rate mortgages, as they do in the US.
The case for the RBA increasing interest rates certainly exists. But it’s far less pressing than in the United States.
Governments should tell us everything they know about infections, hospitalisations and deaths. So why aren’t they?
The NSW government’s announcement of a $1000 fine for failing to report a positive voluntary rapid antigen test will likely achieve the opposite of its intention.