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As Donald Trump’s trade war upends decades of global economic orthodoxy, globalisation is quietly folding. Protectionism is back, self-sufficiency is in vogue, and Australia, thanks to its deindustrialised economy, largely escapes the fallout. But in a shifting world of tariffs and deficits, what comes next is anyone’s guess.
As house prices soar and home ownership slips out of reach, Australia’s property market has become a $10 trillion engine of inequality — and yet, no major party will touch it. With an election looming, silence on the housing crisis reveals a deeper dysfunction: a political economy captive to debt and speculation.
Australia’s Federal Budget offers a mix of tax cuts, spending increases, and modest relief for households, but fails to address the seismic shifts in global economics. With rising defense spending and minimal solutions for mounting debt, it remains unclear whether this budget can navigate the country’s economic vulnerabilities in an unpredictable world.
With China and Russia asserting influence, alliances shifting, and economic nationalism rising, the unipolar era may be over. Is the U.S. retreating, recalibrating, or losing control? For decades, America dictated the global order. Now, the world is learning to move without it.
A plan to raise superannuation taxes on high-value funds has stalled in the Senate, sparking a broader debate about government control over retirement savings. Rooted in a unique system that places ownership squarely with individuals, Australia’s approach has delivered impressive returns, yet political pressures threaten to reshape its future.
BlackRock CEO Larry Fink predicts AI and shrinking populations will bring higher living standards without growth. But his optimism overlooks a critical flaw: conflating productivity, efficiency, and the true cost of 'growth.' With economic foundations shifting, the future demands a radical rethinking of capitalism’s purpose and the systems driving it.
Donald Trump's first term, marred by impeachments, bureaucratic resistance and a pandemic, offered few answers as to how a businessperson might navigate the complexities of Washington. Now, as he returns to office, Trump’s business instincts — and their implications for governance — are once again under scrutiny.
Soaring property prices and declining fertility rates are entwined in a feedback loop, threatening long-term economic stagnation. As younger Australians are priced out of the market, many are delaying or forgoing parenthood, leading to an increasingly divided and unsustainable society.
Advanced industrial societies are running out of ideas, masking stagnation with financial trickery, which is now faltering. In contrast, developing nations can clearly advance through industrial phases, especially by building infrastructure. For them, the path to improving lives is clear; for developed nations, it remains uncertain.
As continued high interest rates and stagnant incomes put a strain on households, leading more Australians give up on the dream of home ownership, government attempts to manage both the cost of living crisis and the housing crisis may be doing too little too late.
The term 'reform' carries an ambiguous weight. It can signify progress but just as often masks harmful change. Paul Tilley’s Mixed Fortunes explores the messy evolution of Australia's tax system, revealing how reforms, far from delivering clarity or fairness, reflect deeper ideological struggles over power and economy.
In a world increasingly divided by geopolitical tensions, a new wave of protectionism is reshaping global trade. As nations turn inward, once-dominant economic models are being dismantled and new strategies are emerging. Is Australia prepared?
1-12 out of 60 results.