Only 6 weeks to go before Western Sydney drivers find their wallets feel a lot lighter each week as the NSW government turns on those new toll readers over the M4 near […]
Decentralising Australian cities. Why the dream is as far away as ever.
Decentralisation? The dream throughout Australia’s history and a key driver for the creation of Canberra and the government investment in Albury Wodonga in the 1970s. Today the dream lives on as […]
APRA Watch: Non-bank lenders? “LOOK SQUIRREL!”
Michael Pascoe spent some time last week arguing that having APRA do something useful for a change, i.e. restrict unproductive credit creation by our big 5 taxpayer guaranteed banks, was a bad […]
Bank Royal Commission: The wisdom of Ben Chifley in 1937
Although the Turnbull government recently decided to impose a small Bank Levy on the taxpayer protected five large private banks, it remains a very “banker friendly” government and it has been insistent […]
Privatisation of Public Money – The first and worst privatisation
Macrobusiness this morning really got stuck into the rotten state of Australian political economy. Hurrah! The Glass Pyramid made the following contribution to the ensuing debate.