Artificial Intelligence
A new direction
Why proprietary AI is losing its edge, local policy has hit a wall, and where this newsletter is heading next.
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.
Weekly
The next reform victim
The Albanese government has found its next target, don't bank on a rate cut in 2026, and no matter how bad it gets there's always the UK.
Tax
Labor's poison pill
The Greens got their concessions, Labor got its tax hike, and the rest of Australia got a revenue grab dressed as neutral reform.
Weekly
Caveat emptor
Pauline's big day, Hormuz is open (or is it?), and the biggest meme stock of all-time.
Weekly
A nation divided
The rise of One Nation, Oil and the Strait of Hormuz, and the SpaceX IPO.
Tax
Treasury's imaginary gift
Indexing for inflation isn't a concession, and deferring tax until you sell isn't a loan.
Tax
Is Australia a high-taxing nation?
No, but tax-to-GDP is a highly misleading measure of the true tax burden.
Weekly
When is a recession a recession?
Canada's technical recession, Australia's non-technical recession, and the worst public policy error in recent history.
Labour
Killing with kindness
The minimum wage increases that are a boon for some may eventually lead to lost jobs for others.
Artificial Intelligence
There will be no AI jobpocalypse
The economy's built-in roadblocks are bad news for anyone expecting an AI productivity miracle or an employment bloodbath.
Weekly
Efficiency or revenue?
Treasury defends the tax hikes; Australia's economy might be slowing down; and Budget fun across the ditch.
Energy
It's not about the water
The arguments against data centres are a classic Gish Gallop designed to rile up emotions and obstruct investment.