AFR: Stumbling Towards the Worst of All Worlds on Gas
Ben Emerson Ben Emerson

AFR: Stumbling Towards the Worst of All Worlds on Gas

The inability of industry and governments at all levels to effectively address the community’s environmental concerns about coal seam gas, combined with political opposition to its development, is creating substantial economic risks in south eastern Australia.

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AFR: Bypass the Logjam on Trade Talks
Ben Emerson Ben Emerson

AFR: Bypass the Logjam on Trade Talks

Australia's hosting of the G20 meeting in November gives us the opportunity to sustain the momentum in world trade talks achieved at a meeting in Bali last December. If we miss that opportunity, momentum gained could be irretrievably lost - with the world trade negotiations facing oblivion.

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AFR: Lower Emissions? Try Starving Factories of Gas
Ben Emerson Ben Emerson

AFR: Lower Emissions? Try Starving Factories of Gas

Manufacturing industries in NSW that rely on gas as an energy source or a feedstock are now beginning to confront sharply rising prices and, by some calculations, looming supply shortages. In this piece the prospects for the Australian gas market are investigated.

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AFR: Budget Measures Labor Can Back
Ben Emerson Ben Emerson

AFR: Budget Measures Labor Can Back

In justifying an increase in the age of pension eligibility to 70 years, the Government asserts that Australians are living longer.  But it is not necessarily true of the poor. The life expectancy of poor Americans has barely improved over two decades, leaving Nobel Laureate Paul Krugman to ask why the poor should lose benefits as a consequence of better-off Americans living longer. This piece examines the assumptions implicit in the recent Federal Budget.

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Ben Emerson Ben Emerson

Background Paper to the Australia China Food Summit

The opportunities for commercial cooperation between Australian and Chinese businesses in premium Australian produce are enormous. Yet that cooperation is in its infancy and the number of successful deals is modest. This paper identifies obstacles to completing more trade and investment deals and proposes ways of removing them.

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AFR: The Budget's Problem is a Large Surplus of Optimism
Ben Emerson Ben Emerson

AFR: The Budget's Problem is a Large Surplus of Optimism

The official economic outlook for the next three years appears overly optimistic. Private investment is falling off a cliff as the expiring mining investment boom is not being replaced by new investment in productive capacity elsewhere. Mineral export values are being hammered by falling prices. Yet, confronted with a deteriorating job market and declining real wages, workers are implausibly assumed to spend much more of their incomes and to save less.

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Ben Emerson Ben Emerson

Infrastructure Update

Federal and state Australian governments embrace asset sales to recycle funds into new infrastructure.

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Infrastructure
Ben Emerson Ben Emerson

Infrastructure

Wise investment in infrastructure is essential to future productivity growth, but how do we ensure it's wise?

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