It's time to reform stamp duty, one of the most inefficient and distorting taxes collected by Australia's state and territory governments.
We judge the competency of politicians by what they say and do. This creates perverse incentives for even competent politicians to refuse to admit mistakes.
Scott Morrison may have realised his real power is not as an advocate but a broker.
China's dumping stoush with Australia isn't just about barley. But it is about trade and unfinished business in global trade rules.
Government rules do more than simply define what is permissible. They also signal information that influences public behaviour in other areas of life.
For the app to work well, we might need an 80% take-up. Unless it is made mandatory, we'll need both private and social incentives.
APRA is allowing the big four banks to coordinate in a way that might otherwise be illegal.
There are claims our social-distancing measures are too extreme. Good economists disagree.
The same technological forces that make the Wuhan outbreak a global concern are also key to managing the crisis response.
Technological change has always destroyed jobs. But now automation and artificial intelligence are drying up the options for those displaced.