Abandoning the Stage 3 tax cuts isn't as simple as experts claim - AFR
A Coalition campaign against a broken election promise might be enough to plunge Labor into minority government and destroy any chance of getting unpopular economic reform through parliament.
Whitlam’s frenzied three years permanently changed Australia
While arguments will persist about Gough Whitlam’s economic performance, it is his social and environmental reforms that have created an enduring legacy for Australia.
Why the RBA should take a break for Christmas
The central bank should pause and look at the lagging data. But it is unlikely to find evidence of an inflation problem from another era.
Free trade helps keep a fragile world peace
Free trade is under attack everywhere, but the ideal is as valid now as it was when David Ricardo and Adam Smith first theorised about it.
Chalmer’s challenge: confronting the structural deficit
This budget won’t fix the problem: but ageing- and productivity-related problems are increasing funding pressures, and the tax system isn’t up to the revenue task.
Labor has a good story to tell on climate
The Hawke and Keating governments created a reforming narrative of banana republic turned clever country. Anthony Albanese could do the same with the climate revolution.
Avoiding the recession we don’t have to have
There are no wage or currency pressures that would justify the RBA following the Fed into aggressive rate rises.
Albanese can make Labor the natural party of government
Anthony Albanese’s consensus politics and deep divisions in the Liberal Party mean Labor may no longer just fill the interludes between Coalition governments.
Summit sees return of Hawke’s consensus government
Cynics are describing the jobs summit as a talkfest before it even starts. But the common ground on migration and skills has already been made clear.
Why net zero is just the beginning of decarbonising the planet
Governments are largely focused on adding no further pollutants to the atmosphere. But we need to think about removing the carbon that’s already up there.
Albanese right to question high priests of central banking
The RBA is not infallible, and the Prime Minister cannot remain silent if its powerful officials are wreaking harm with bad calls.
Liberal warriors don’t want a China reset
The raucous opponents of the Albanese government resetting the relationship are playing a dangerous game with Australia’s foreign policy and ambitions for a peaceful, prosperous and stable region.
Why the RBA must not over-react and slam on the brakes
Smashing the demand for groceries in order to fix a supply side problem is a wrong-headed monetarist solution.
Finally, an energy plan is tackling the storage challenge
Battery investment has been mishandled by Coalition governments. Fortunately, there are plenty of small-scale options available.
The return of frank, fearless advice
The former Morrison government’s sidelining of public servants meant that Australian politics lost the benefit of their ideas and corporate memory.
Podcast: The Emerson Hour - The Left-Right Political divide
Tom Emerson interviews Craig Emerson
What to expect from an Albanese government
Some early down payments on reform would be helpful, perhaps starting with industrial relations where the parties had made good progress in 2020.
It’s the Coalition, not Labor, who are economic reform laggards
Business people shouldn’t fall for claims that the Liberals are the party of reform and low taxes. History and the government’s own economic forecasts confirm this is wrong.
Morrison's tax guarantee is a guarantee of higher taxation
Coalition governments have been big taxers and big spenders. And now the present government’s post-pandemic sugar hit on the economy is running out.

