Vital signs

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Governments are addicted to tax revenue from harmful activities. It is stopping them from doing what is in society's best interests.

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Josh Frydenberg wants to leave mortgage broker commissions unchanged for three years. It's hard to see why.

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The treasurer says 2018 was a year of two halves, but there were signs of a downturn well before mid year.

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Do regulators act in the public interest, or in the interest of those they are meant to regulate?

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Rates might need to be cut urgently, and because things are good. RBA Governor Philip Lowe has signalled he won't wait.

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The Reserve Bank's inflation target seems out of date in a world of ultra low inflation. So why is Governor Lowe persisting with it?

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Counterintuitively, vague incentives to improve performance or behaviour are often stronger than clear ones.

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Prices are off, but from unprecedented highs. It could be a one-time adjustment.

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The so-called 'Australian model' of 'asset recycling' is no miracle cure for US infrastructure problems.

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The best time to shut down negative gearing is when few people are taking it up. That time could well be now.

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