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Economic Ideas and Policy Outcomes: Ross Garnaut's Gruen Lecture

Economic Ideas and Policy Outcomes: Ross Garnaut's Gruen Lecture
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Josh Frydenberg's budget is an extraordinary turnaround – but leaves a $40 billion problem

The 2022-23 budget is the result of a good plan, well executed. But whichever party next takes government must close the deficit gap – without resorting to austerity. ....

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Australia's global performance: falling behind - On Line Opinion

As the pandemic continues to dominate people s lives and our national conversation, Australians are starting to get angry at Australia s failing response.
Your head really could explode if you thought too much about how Australia has wasted our natural island continent advantages. We had time to prepare and manage COVID. But, for over a year the Federal Government has failed to build adequate quarantine facilities, and Australia is now coming
last in the developed world in the vaccination race.
This is a shocking indictment on Scott Morrison and the Federal Government. Right as the rest of the world has begun opening up, millions of Australians have been locked down again. Citizens and the loved ones of Australians are locked out. And 25 million Australians are locked up indefinitely. ....

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Key geopolitical issues for directors

Key geopolitical issues for directors
Brexit, Beijing, Biden and other pressing geopolitical issues that board directors should be across in 2021, from Greg Earl.
01 February 2021
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Disease pandemics might be the topic of the moment for forecasters these days, but a Lowy Institute survey of some of Australia’s key long-term planning documents the 2013 National Security Strategy, the 2016 Defence White Paper, the 2017 Foreign Policy White Paper and the 2019 Reserve Bank of Australia’s Financial Stability Review shows how concerns about black swan events can change.
Pandemic threats received scant or even no attention in those considered long-term outlooks compared with threats including terrorism, environmental disasters and financial shocks. But by August last year, McKinsey Global Institute was warning that a pandemic like COVID-19 could cost the world an estimated US$30 trillion in lost economic activity twice the cost of a w ....

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