Artificial Intelligence
Paul O'Malley's misunderstandings about AI and trade
The risk to Australia isn't using AI built elsewhere but letting domestic incumbents like CBA use 'sovereignty' as a shield for protectionism.
Justin Pyvis
Justin has a PhD in economics and 20+ years of experience in policy and investment analysis from working at the WA Treasury and AECOM in Perth, and Aletheia Capital in Hong Kong.
Productivity
Australia's labour market is becoming like its housing market
By treating labour like a durable capital stock, Australia is legislating its workforce into the same rigid corner as its housing market.
Commodities
How not to respond to a supply shock
Allegra Spender's windfall tax idea would blunt price signals at exactly the moment you need them the most.
Inflation
Oil shocks don't cause inflation
The Iran war won't cause inflation unless central banks let it.
Inflation
Australia's cockroach problem
Domestic inflation never came close to target during the RBA's easing cycle, and just like cockroaches, it's back again.
Housing
Housing's favourite villain
Australia is obsessed with taxing the supposed villains of the housing market while ignoring the restrictive zoning laws that actually lock people out.
Infrastructure
Going nowhere, fast
Australia's latest high-speed rail dream is a fast track to fiscal ruin.
Artificial Intelligence
Nobody "trains" a human
Sam Altman's analogy comparing training AI to raising a child tells you more about his business strategy than OpenAI's energy use.
Trade
Another bump on the tariff rollercoaster
The US Supreme court may have struck down Trump's tariffs, but don't expect them to go away.
Inflation
The RBA keeps making the same mistake
From running too tight to cutting too early, the Reserve Bank of Australia keeps making the same monetary mistake.
Politics
Japan's risky bet
Japan's ruling party won a supermajority promising massive stimulus and tax cuts, but the yen's slide to near all-time lows suggests markets are sceptical the debt math works.
Inflation
Weak productivity doesn't cause inflation
Monetary policy, not productivity, determines inflation.