• Fashioning the future

    Naoise McDonagh     |      April 13, 2024

    Whatever risks the Albanese government may face in encouraging cutting-edge manufacturing, it has avoided the much greater risk of doing nothing at all in the face of historic global economic change.

  • Australia’s productivity problem

    Open Forum     |      March 1, 2024

    A new report from the Productivity Commission shows that labour productivity fell sharply in 2022-23, as a record-breaking increase in hours worked failed to generate a similar increase in economic output.

  • The history and future of economic reform

    Jenny Gordon     |      January 1, 2024

    The reforms of the Hawke and Keating governments helped revitalise the Australian economy but the declining role of government in the production of goods and services and a generally light-handed approach to regulation have failed to arrest a decline in competition and economic dynamism in recent years.

  • Making things matters

    Open Forum     |      December 17, 2023

    Australia’s ability to sustain its local manufacturing industry is under threat by a generational loss of crafts and hands-on making expertise, according to a UniSA research report.

  • New challenges and old responses in economics

    Peter Söderbaum     |      December 16, 2023

    Redefining economics as “multidimensional management of resources in a democratic society” would encourage new conceptual frameworks and languages to better respond to current environmental and political challenges the current system seems unable to solve, or even confront.

  • Behind the wheel

    Brendan Nicholson     |      October 10, 2023

    In a recent interview, former cabinet minister Christopher Pyne recalls the knock on effects on Australia’s manufacturing capacity of the closure of South Australia’s car plants.

  • Making the most of Australia’s free trade agreements

    Evgeny Postnikov     |      October 5, 2023

    Australia has been at the forefront of trade liberalisation, negotiating and signing a record number of FTAs with most of its important trading partners over the last two decades.

  • Fight the power

    Carl Rhodes     |      September 20, 2023

    The past 40 years have seen large corporations grow to dominate the global economy, surpassing the capacity of people – or governments – to control or even comprehend them.

  • Australia’s opportunity in regional trade

    Daniel Borer     |      September 18, 2023

    Australia has joined 14 other states in The Regional Comprehensive Economic Partnership, tapping into 2.2 billion consumers and 30 percent of the world’s GDP.

  • Reforming Australia’s foreign trade system

    David Widdowson     |      September 15, 2023

    The government’s multi-year program to simplify its international trade regulations, streamline its regulatory processes and modernise outdated computer systems still have some way to go.

  • The growth of degrowth economics

    Mike Joy     |      September 5, 2023

    The human economy is merely a subset of the biosphere, meaning we need to reduce our demands on the biosphere to avoid a disastrous ecological collapse, with consequences for us and all other species.

  • Banks must speak the same digital language

    Daniel Gozman     |      September 4, 2023

    The complex, opaque and often outdated systems used by large international banks threaten the stability of the global banking system.