Good policy should be evidence-based. But this is not the case with the Liberals energy policy and seems unlikely with their migration policy. (more…)
Michael Keating
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The debate about net zero ignores the evidence
Those in the Coalition who are opposed to targeting net zero carbon emissions, argue that it will cost too much. But that claim is false and not supported by the evidence. How can they get away with it? (more…)
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Trump’s risky American economy
Trump’s tariffs, migration and fiscal policies are endangering the American economy, and risk destroying American claims to global leadership. (more…)
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Superannuation and the Canberra Press Gallery’s fantasies
The Canberra Press Gallery was completely absorbed with the supposed politics of last week’s superannuation changes and completely failed to consider their merits and why the changes were therefore made. (more…)
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The migration debate in Australia
Australia’s population growth rate is returning to normal. Instead, of cutting migration, the solution to Australia’s housing crisis is to increase the rate of new dwelling approvals and completions. (more…)
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Inequality and the future of democracy
Rising inequality and declining living standards have posed a threat to democracy in several democracies, but so far not in Australia. However, the increasing inequality of wealth, driven by housing becoming unaffordable without rich parents, is a threat. (more…)
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How important is an Albanese-Trump meeting?
Trump’s record suggests that meetings with him frequently fail. Instead, Albanese has an important agenda to pursue at the UN in New York, and when dealing with the US better outcomes are more likely if Australia develops its own policies in its own interests. (more…)
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The Liberal Party’s economic strategy
Liberal Party leader Sussan Ley claims too many of us are too dependent on government. But where is the evidence, with government income support in Australia being more tightly targeted than in any other country? (more…)
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Intergenerational equity and tax reform
Much of the discussion about the need for tax reform to preserve intergenerational equity is confused. The main challenges facing young people, in particular, are the limitations on the supply of housing and climate change. (more…)
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The economic reform roundtable and taxation
Taxation is on the agenda of the Economic Reform Roundtable and, despite Albanese’s reluctance to consider tax changes, it will be impossible to achieve Labor’s goals without reform to raise more revenue. (more…)
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Economic reform and the productivity slowdown
The productivity slowdown is mostly due to slower technological progress. The economic reform agenda should focus on measures to improve competitive pressures for firms to innovate and improve. (more…)
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Trump’s fantasies and the American economy
Donald Trump’s bluster is likely to lead to lower American living standards and higher inflation. But his advisers want to keep their jobs, and won’t tell him that. (more…)
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Albo’s steady-as-she goes strategy – will it work?
Anthony Albanese has made it clear that we cannot expect a more ambitious government strategy in future, despite the size of his election win. (more…)
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A carbon tax and some key policy challenges
A carbon tax will obviously help reduce carbon emissions and achievement of the net zero target, but it will also help raise the revenue needed to fund essential government services and promote Australia’s economic development. (more…)
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An economic reform agenda for Labor
The recent election was won by looking ahead. But a better economic future requires an economic reform agenda, and getting agreement will not be easy. However, there are encouraging signs that the government is up to the task. (more…)
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How credible are the Coalition’s budget projections?
The Coalition’s costings finally reveal that in the next two years it will have a bigger deficit than Labor. In the second half of the four-year projection, the forecast net positive impact from the Coalition’s policy changes is questionable. (more…)
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How credible are the Coalition’s budget projections?
The Coalition’s costings finally reveal that in the next two years it will have a bigger deficit than Labor. In the second half of the four-year projection, the forecast net positive impact from the Coalition’s policy changes is questionable. (more…)
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Who will better manage the economy: Labor or the Coalition?
People are being asked to vote for the Coalition on the grounds that it is better at managing the economy. But the current evidence does not back up that claim. (more…)
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A minority Labor Government’s policy agenda – Part 2
In this second part of this article, discussing the possible policy agenda for a minority Labor Government, the focus is on taxation and how to improve productivity – issues that are most difficult to agree on. (more…)
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A minority Labor Government’s policy agenda – Part 1
A minority Labor Government is widely seen as a likely outcome in the forthcoming election. (more…)
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Housing affordability: Which party has better policies?
The housing policies announced in this election by both the Labor and Coalition Parties are seriously flawed. (more…)
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Trump: a ridiculous ego and incredibly ignorant
The analysis underpinning Donald Trump’s tariff policy is fatally flawed. Thus, it will fail to achieve its objective of restoring the living standards of his MAGA supporters. (more…)
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What could we expect from a Dutton Government?
Peter Dutton’s budget reply Speech is full of distortions and many of the key polices are flawed or we cannot be sure they will work as intended. The Labor Party might be criticised as too cautious, but the Coalition is clearly not ready for government. (more…)
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A cautious responsible budget
Labor’s pre-election budget provides well-targeted cost of living relief within the bounds of responsibility, but the restoration of living standards is some way off.
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Minority government: what will it look like?
After the election Australia is likely to have a minority government with the independents, who will hold the balance of power, negotiating each issue on its merits. But democracy is best served if each independent states before the election which party they will support to form a government by guaranteeing supply. (more…)
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Trump’s tariffs will not restore American manufacturing
The decline in manufacturing jobs is common to most developed economies and is not unique to the US. Further, Donald Trump is nothing if not delusional, and his tariffs will only damage both the US economy and others as well. (more…)
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Dutton’s war on waste
Contrary to what Peter Dutton would like the electorate to believe, reducing administrative waste will save very little money. If Dutton is serious, he would review major capital projects which lack proper evaluation, starting with his uneconomic nuclear energy proposal. (more…)
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Interest rates should start falling now
Australian inflation is almost back in the target range of 2-3%. The Reserve Bank should begin to cut interest rates now. This will help avoid a recession as well as substantially reducing cost-of-living pressures on the one third of households with a mortgage. (more…)
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Reforms are needed to ensure an adequate retirement income
Australians now have access to significant superannuation balances, but if superannuation is going to meet its purpose of ensuring an adequate income in retirement, reforms are needed to provide better access to a superannuation pension. (more…)

