Mastodawn

The Australian "experiment" with ultra-low unemployment may be coming to an end as the Reserve Bank shifts its primary focus back to cooling inflation. For years, the goal was to see how low the jobless rate could go before sparking price hikes; now, that strategy is being tested by persistent economic pressures.

#auspol #economics #rba #employment #ausecon
https://www.abc.net.au/news/2026-03-15/australia-interest-rates-goodbye-to-low-unemployment-experiment/106445522

Is Australia about to end its experiment with low unemployment?

If war in the Middle East sends global inflation surging, will Australia have to say goodbye to its experiment with low unemployment?

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David Coombe Mar 1

@troberts I generally find #AlanKohler informative, quirky and entertaining on economics. But find him enthusiastically ignorant on AI. Unfortunately people will trust him on AI as they have trusted him on economics. At least today he admitted “the technology is way above my pay grade”. #AUSEcon

Mojo ♻️Feb 27

Ex-Treasury boss Ken Henry just called Australia's 50% capital gains tax discount on investment properties 'the dumbest of all options'. Says it's flawed, fuels speculation, doesn't boost real investment/innovation. Wants full overhaul: flat 25% tax on all capital income instead. No grandfathering—'I hate it'. Housing debate heating up ahead of May budget.

#Auspol #CGT #HousingCrisis #AusEcon #HousingCrisis

https://www.areanews.com.au/story/9183451/dumbest-option-top-economist-slams-housing-tax-break/

'Dumbest option': top economist slams housing tax break

The government has been urged to draw a clean break on any changes to taxes on investment properties...

Fred Nurk Feb 18

When our economists are funded by billionaires, Australian workers must feel the economy is rigged against them. #AusEcon #AusPol #AndrewForrest

RE: https://bsky.app/profile/did:plc:lia4ywzl2c2kt4dn3kzbywog/post/3mf5anz2vfi2k

Mining magnate Andrew Forrest’...

Jane Doe 🐸✊🏽❤️Feb 17

Now do Australian billionaires, starting with Andrew Forrest. #billionaires #economy #AusEcon #AusPol #AndrewForrest #wealth #inequality #UBI #Australia

RE: https://bsky.app/profile/did:plc:pdvoxeret2wq6tzu7gxy7eeh/post/3meytdzulvk2n

Mining magnate Andrew Forrest’...

Jane Doe 🐸✊🏽❤️Feb 6

@scottsantens.com just imagine if Australia brought in a UBI instead of dealing with this administrivial money sucking BS. #Australia #UniversalBasicIncome #AusEcon

RE: https://bsky.app/profile/did:plc:rv45j5txzx3orewfwdsb7cuj/post/3me6jqpf2rs2f

David Coombe Feb 4

Don’t sell heritage like #VictoriaBarracks for budget small bikkies. For flats and a cafe? To save “up to $100 million a year in maintenance costs”. Instead think of that as an investment in heritage. And, instead, raise more revenue so 3 tiers of government don’t have to be constantly scraping by. #AusPol #AusEcon #heritageAU

Mojo ♻️Feb 3

The Reserve Bank of Australia (RBA) has just hiked the cash rate by 0.25 percentage points to 3.85% in its first decision of 2026. This is the first increase in over two years, driven by inflation rising materially in the second half of 2025 and coming in above the 2-3% target (e.g., headline at 3.8%).
This ends the brief easing cycle from 2025 and will likely mean higher mortgage repayments for many variable-rate borrowers.
Ouch for Aussies with mortgages…

#RBA #InterestRates #Inflation #AusEcon

https://www.abc.net.au/news/2026-02-03/reserve-bank-lifts-interest-rates-february-2026/106298696

RBA lifts interest rates by 0.25pc as inflation rises

RBA lifts interest rates by 0.25 per cent, to 3.85 per cent, after inflation rose "materially" in second half of 2025.

Matthew Rimmer Jan 17

The Productivity Commission report on the inquiry into the circular economy has finally been published. The report 'finds that the Australian Government can support sustainable and efficient materials use by reforming regulation, strengthening product stewardship obligations and fostering coordination and innovation.'

‘Making our economy more efficient and sustainable requires coordinated, ongoing efforts across portfolios and levels of government’ - Commissioner Joanne Chong.

The Productivity Commission's recommendations for governments include:

🦺 Establishing a Circular Economy Regulatory Reform Taskforce with federal, state and territory governments

🔋Progressing a national product stewardship scheme for small-scale solar photovoltaic (PV) systems and investigate a similar scheme for EV batteries.

🏬Developing place-based initiatives to enable coordination, address distance challenges and support businesses to develop and share new ideas.

🛠️ Implementing the recommendations from the PC's #RighttoRepair inquiry

Read the report: https://lnkd.in/gTWzVKRE

#SustainableUse #Circularity #CircularEconomy #AusEcon #Materials #Reuse #Innovation #auspol #auslaw #righttorepair

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Econodel Dec 27

@johnquiggin an #ausecon truism holds that new-builds should be cheap, for the young folk and investment, independent of rampant speculation and asset inflation.